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Pete Bunce: A Promising Future for General Aviation

Pete Bunce: A Promising Future for General Aviation

The General and Business Aviation industry has endured a great deal since the outset of the Covid-19 pandemic. We have faced numerous challenges and our resiliency has been tested, but the leading aircraft manufacturers actively managed their way through the past two years with a focus on the safety of employees, the growth of businesses and relations with customers. NAFA member, Pete Bunce, President and CEO of the General Aviation Manufacturers Association, discusses.

As we begin to come out of the pandemic, we are seeing that the Business Aviation industry is alive with new developments and a keen eye on the future.

The General Aviation Manufacturers Association’s 2021 General Aviation Aircraft Shipments and Billings Report, released in late February, showed that our industry is healthy and growing. The strength and tenacity of the General Aviation industry has provided a strong foundation for us to rebound from pandemic-related setbacks with a powerful showing in 2021.

Overall, when compared to 2020, all aircraft segments (piston airplanes, turboprops, business jets, piston helicopters and turbine helicopters) saw increases in shipments and preliminary aircraft deliveries were valued at $25.2bn, an increase of 10.2%.

Currently, total aircraft shipments are converging on figures that were seen before the outset of the pandemic.

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This article was originally published by AvBuyer on April 14, 2022.