View all newsletters
Latest in Luxury - Sign up to our newsletter
  1. Travel
  2. Travel News
August 13, 2008updated Feb 11, 2013

Private Jet Sales Increase 24 Percent to $12.1 Billion in Second Quarter

By Pardhasaradhi Gonuguntla

WASHINGTON, DC — The General Aviation Manufacturers Association (GAMA) announced second quarter shipment and billings figures continue at a record-setting pace totaling $12.1 billion, a 24.1 percent increase in the first half of 2008.

“Shipments in the business jet and turboprop segments continue to rise steadily,” said GAMA President and CEO, Pete Bunce. “Expanding worldwide markets are having a very positive affect on the turbine segments of our industry.”

Bunce added, “Despite uncertainty with fuel prices and strength of the North American economy, the energy surrounding the entire spectrum of general aviation remains robust.”

Topics in this article:
Select and enter your corporate email address Be the first to know about the latest in luxury lifestyle news and travel.
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thank you for subscribing to Elite Traveler.

Websites in our network