General aviation shipments in the first quarter of the year fell 15 percent from the same time a year ago, according to the General Aviation Manufacturers Association.
Industry billings, meanwhile, grew 7.1 percent in the first quarter. That’s due to international deliveries of large cabin, long-range aircraft where customers were less reliant on third-party financing, the trade group said. Still, billings were down 12.6 percent from the same time in 2008.
Piston deliveries fell 7 percent, turboprops were down 33 percent and business jets were down 14 percent in the period.