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General aviation statistical databook & industry outlook
  • Published Date:
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Filetype[PDF-2.85 MB]

  • Resource Type:
  • OCLC Number:
  • 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
  • Format:
  • 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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