GAMA updates 2011 report with Hawker Beechcraft deliveries
02/19/2013 6:03 AM
08/08/2014 10:09 AM
The General Aviation Manufacturers Association updated its 2011 fourth-quarter and year-end aviation shipment report after Hawker Beechcraft reported its deliveries on Friday.
The company released fourth-quarter delivery numbers when it submitted its 2011 financial report with the Securities and Exchange Commission.
Hawker Beechcraft had filed for an extension to the SEC’s March 31 deadline.
GAMA, a Washington D.C.-based industry trade group, had released its annual industry shipments in February without Hawker Beechcraft figures.
The new figures show worldwide general aviation shipments for 2011 totaled 1,950, down from 2,020 the year before, a drop of 3.5 percent. Total billings were $19.64 billion, down from $19.72 billion the year before.
Hawker delivered 85 planes in the fourth quarter, compared to 88 in the same period a year ago. Total deliveries for 2011 totaled 198, down slightly from 214 the year before.
Hawker Beechcraft also delivered 93 T-6A and King Airs for military use in 2011, compared to 104 a year ago.
A resurgence for general aviation did not take place last year for the industry as a whole, GAMA chairwoman Caroline Daniels said in February about 2011. “However, 2011 did furnish signs of a sustained recovery and some reason for optimism.”
It appears that the industry has hit a trough, Daniels said at the time. Some manufacturers showed flat or improved performance over 2010.
Hawker Beechcraft officials point out that they have 42 percent of the business turboprop market and 34 percent of the medium business jet market, and are a leading producer of King Air and military training aircraft.
Last year, Hawker Beechcraft CEO Bill Boisture predicted that demand in 2011 would be much like 2010, and 2012 would be much like 2011.
“I have to say, sadly we were right,” Boisture said in February about last year’s demand. “We’ve felt like and thought for many reasons that ’12 would be a lot like ’11. And I can’t see much reason yet why that would be different.”
He hears the discussion that the economy is improving.
“I hope for the sake of the American people that that’s true,” Boisture said at the time. “But I would say that I don’t think that has really filtered through into a significant change in the aircraft market in our sector.”