{"id":20175,"date":"2020-03-11T20:13:31","date_gmt":"2020-03-12T00:13:31","guid":{"rendered":"https:\/\/hartzellprop.com\/?p=20175"},"modified":"2020-03-11T20:13:31","modified_gmt":"2020-03-12T00:13:31","slug":"new-report-shows-growth-and-value-of-general-aviation","status":"publish","type":"post","link":"https:\/\/hartzellprop.com\/new-report-shows-growth-and-value-of-general-aviation\/","title":{"rendered":"New Data from GAMA Highlights Growth and Value of General Aviation"},"content":{"rendered":"\n<p>In February, the General Aviation Manufacturers Association (GAMA) announced general aviation aircraft delivery numbers for 2019 at its annual <a href=\"https:\/\/www.youtube.com\/watch?v=iVPgNW0QPtc\">State of the Industry<\/a> press conference in Washington, D.C. The association also released an updated study highlighting the contributions of general aviation to the U.S. economy.\u00a0<\/p>\n<h3><strong>By the numbers: Aircraft Billing &amp; Shipping\u00a0<\/strong><\/h3>\n<p>In 2019, aircraft deliveries reached a value of $26.8 billion, up from 24.3 billion in 2018. Piston airplanes were in very high demand in 2019, experiencing the largest growth among the segments at 16.4 percent. In North America, the piston engine market accounted for 66.4 percent of overall airplane shipments. The business jet segment also soared to new heights in 2019, reaching its highest numbers since 2009. The North American market accounted for 67.1 percent of business jet deliveries. Meanwhile, turboprop and helicopter deliveries decreased.\u00a0<\/p>\n<p>\u201cThe 2019 year-end numbers reveal that overall, the general aviation manufacturing industry is vibrant, although we are encountering headwinds in the rotorcraft sector. It is great to see two of our fixed-wing sectors, piston airplane and business jet shipments, reached decade highs. Looking ahead, manufacturers are excited about the future, especially given the ongoing innovation in manufacturing that directly relates to safety and the progress being made in the development of supersonic and electrically propelled aircraft,\u201d said GAMA President and CEO Pete Bunce in a <a href=\"https:\/\/gama.aero\/news-and-events\/press-releases\/gama-announces-2019-year-end-aircraft-billing-and-shipment-numbers-2\/\">release<\/a>. \u201cGAMA and its member companies will support this momentum and technological advancement through our workforce, sustainability, regulatory, and legislative efforts.\u201d<\/p>\n<p>The findings released by GAMA will be used to help educate policymakers and leaders about the value general aviation manufacturing creates in the United States and around the world. GAMA\u2019s complete 2019 year-end report can be found <a href=\"https:\/\/gama.aero\/wp-content\/uploads\/GAMA_2019_Year-end_Report.pdf\">here<\/a>.<\/p>\n<h3><strong>GA\u2019s impact on the U.S. economy and jobs<\/strong><\/h3>\n<p>At the State of the Industry press conference, the GAMA presented a new study that details GA\u2019s impact on the U.S. economy. According to the study, general aviation supports a total of 1,179,200 jobs and a total of $246.8 billion in total economic output in the U.S.<\/p>\n<p>The study was sponsored by seven general aviation associations: the General Aviation Manufacturers Association (GAMA), Aircraft Electronics Association (AEA), Aircraft Owners and Pilots Association (AOPA), Experimental Aircraft Association (EAA), Helicopter Association International (HAI), National Air Transportation Association (NATA) and National Business Aviation Association (NBAA).\u00a0<\/p>\n<p>\u201cThis study confirms that general aviation continues to have a very significant impact on the U.S. economy,\u201d <a href=\"https:\/\/gama.aero\/news-and-events\/press-releases\/general-aviations-contribution-to-u-s-economy-remains-strong\/\">said<\/a> Bunce. \u201cAs an industry, we must continue to keep pace with innovation to improve safety and focus intently on workforce development by promoting the amazing career potential available to young people through general aviation.\u201d<\/p>\n<p>To determine the total U.S. economic impact of general aviation, the study calculated the direct, indirect, induced, and enabled economic impacts, based on the most recent data available from 2018. View the study <a href=\"https:\/\/gama.aero\/wp-content\/uploads\/GA_Contribution_US_-Economy_2020_study.pdf\">here<\/a>.\u00a0<\/p>\n<h3><strong>Keeping GA strong<\/strong><\/h3>\n<p>The <a href=\"https:\/\/gama.aero\/about-gama\/\">General Aviation Manufacturers Association<\/a> (GAMA) exists to foster and advance the general welfare, safety, interests, and activities of the global business and general aviation industry. As one of the United States\u2019 first manufacturers of aircraft parts, Hartzell Propeller is proud to support GAMA\u2019s efforts to advocate for the general aviation industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In February, the General Aviation Manufacturers Association (GAMA) announced general aviation aircraft delivery numbers for 2019 at its annual State of the Industry press conference in Washington, D.C. The association also released an updated study highlighting the contributions of general aviation to the U.S. economy.\u00a0 By the numbers: Aircraft Billing &amp; Shipping\u00a0 In 2019, aircraft [&hellip;]<\/p>\n","protected":false},"author":726,"featured_media":16140,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[8],"tags":[119,468,148,350],"class_list":["post-20175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-aviation","tag-ga","tag-ga-pilots","tag-gama"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Data from GAMA Highlights Growth and Value of General Aviation - Hartzell Propeller<\/title>\n<meta name=\"description\" content=\"In February, GAMA announced a report demonstrating the growth and value of General Aviation on the economy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hartzellprop.com\/new-report-shows-growth-and-value-of-general-aviation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Data from GAMA Highlights Growth and Value of General Aviation - 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