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GAMA report shows industry billings down $2 billion
GAMA has announced that total industry (US-based GA aircraft manufacturing) billings fell from an all-time high of $13.9 billion to $11.9 billion in 2002. GAMA chairman Bill Boisture said: “Although the numbers are down, this is not the biggest one-year decrease our industry has ever experienced before. The GA manufacturing industry today is three times the size it was just six years ago. However, we can’t ignore the fact that this market is not where we want it to be.”

GAMA has announced that total industry (US-based GA aircraft manufacturing) billings fell from an all-time high of $13.9 billion to $11.9 billion in 2002. GAMA chairman Bill Boisture said: “Although the numbers are down,

this is not the biggest one-year decrease our industry has ever experienced before. The GA manufacturing industry today is three times the size it was just six years ago. However, we can’t ignore the fact that this market is not where we want it to be.”