General Aviation Statistical Databook & Industry Outlook
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2010-01-01
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Alternative Title:General Aviation Statistical Data Book
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OCLC Number:8309970
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NTL Classification:NTL-AVIATION-AVIATION;NTL-AVIATION-Aviation Economics and Finance;NTL-AVIATION-Aviation Planning and Policy;NTL-AVIATION-Aviation Energy and Environment;NTL-REFERENCES AND DIRECTORIES-Statistics;
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Abstract:2009 was one of the toughest years the general aviation industry has ever experienced. The global economic crisis which included major constraints on credit, coupled with the mischaracterization of business aviation led some operators to divest from their airplanes, shut down flight departments, and cancel orders for new airplanes. Manufacturers had no choice but to cut production and announce painful layoffs and furloughs. The 2009 shipment and billings figures reflect the reversal of a five year period of double-digit revenue growth.
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