The average price of a U. This is discussed in the chart following below. Business jets make up the vast majority of U. Piston-engine aircraft account for only 3. Since , General aviation GA aircraft manufacturers have raised their prices dramatically to make up for declining sales volumes - although the average aircraft price has come down in recent years after peaking in Clearly manufacturers are aware that, at low levels of demand, a private aircraft is a very price inelastic type of product - thus prices can be raised without demand falling nearly as much.
In , worldwide general aviation aircraft prices dropped 8. Today, average prices are about where they were in Piston-engine aircraft are the most frequently sold general aviation aircraft worldwide followed by business jets and turboprops.
In , shipments of piston-engine aircraft and business jets were up Turboprop deliveries, however, declined In , shipments of turboprop aircraft soared In , business jet shipments were up 6. Piston-engine aircraft shipments were up 6. From to , U. More recently, after a few relatively flat years, in , exports plummeted to aircraft down from aircraft in In , exports declined further to aircraft In , exports were down In , with deliveries in , Cessna Textron Aviation was the largest general aviation aircraft manufacturer by no.
In second place, we have Cirrus Aircraft with aircraft shipped up from in Piper and Diamond come in as 3 and 4 with and aircraft delivered in , respectively, up from and units shipped in Gulfstream, the largest manufacturer by sales values, takes 6th place with jets delivered in , up from in Piper and TECNAM Aircraft come in as 3 and 4 with and aircraft delivered in , respectively, up from and units shipped in In 5th place, Air Tractor delivered aircraft.
Gulfstream, the largest manufacturer by sales values, takes 9th place with jets delivered in , up from in When general aviation aircraft manufacturers are ranked by revenues, other companies, namely the business jet manufacturers, are in the lead.
Gulfstream is the world's largest general aviation aircraft manufacturer by revenue for the seventh consecutive year. Though it has been certified in Europe, Pipistrel's two-seat Velis Electro battery electric light He sees parallels in the U. Acknowledging the larger size and sales volume of the boating industry as well as its relative lack of regulation, Hennig cites a cultural difference.
They tend focus on where a cool, fun place is to go and dock, new equipment, and safety stories. I think we, as an industry, can talk about [cost] smarter. Psychology aside, is the market for new GA aircraft unsustainable? GAMA and the manufacturers are reluctant to give a direct answer.
Pilots say that price growth is forcing them elsewhere. And yet private flying remains somewhat robust. There are over , general aviation aircraft and about , GA pilots in the U. This is a BETA experience. You may opt-out by clicking here. More From Forbes. Nov 12, , am EST.
Nov 11, , pm EST. Nov 11, , am EST. Nov 10, , pm EST. Nov 10, , am EST. Edit Story. However, it is predicted that the number of for-hire carrier aircraft will slightly reduce in , dropping to 5, General aviation versus for-hire carriers The airline industry in the United States is generally divided into two categories: for-hire carriers and general aviation.
For-hire carries includes commercial services where an operator agrees to transport passengers, cargo or mail for a fee. Aviation in the United States The U. This dominance extends into the general aviation sector, with North America having a significantly larger fleet of aircraft for private air travel than any other region. However, when understood at a regional level, the Asia-Pacific region currently maintains a slightly larger commercial aircraft fleet , which is expected to become significantly larger than the North American fleet over the next 20 years.
You need a Single Account for unlimited access. Full access to 1m statistics Incl. Single Account. View for free. Show source. Show detailed source information? Register for free Already a member? Log in. More information. Supplementary notes. Other statistics on the topic. Aviation U. Aviation Number of U. Aviation Leading airlines in North America based on passenger numbers Research expert covering mobility and logistics.
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