WICHITA, Kan. —
The General Aviation Manufacturers Association says shipments of general aviation airplanes last year were up slightly at the same time billings decreased a bit.
The trade group reported Tuesday that 2,133 airplanes were delivered in 2012 for an increase of just point-6 percent.
At the same time, airplane billings declined slightly last year to $18.9 billion. That compares to billings of $19 billion in 2011.
Deliveries of turboprop airplanes were up by more than 10 percent last year. That helped to offset fewer deliveries of piston planes and business jets.
GAMA’s chairman, Brad Mottier, says in a news release that general aviation is poised for a resurgence in the next few years as new technologies enter the market.
Business
General aviation plane 2012 shipments up slightly
- Business
-
-
Small company stocks take the limelight
Small-company stocks were a bright spot in a slow and choppy start to the week for Wall Street.
-
WPX Energy rises as hedge fund discloses stake
Shares of WPX Energy soared to an all-time high on Monday as a hedge fund disclosed a minority stake in the oil and gas company.
-
Yahoo takes big leap with $1.1B deal for Tumblr
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
-
Arkansas Best freezes nonunion pensions
Fort Smith-based Arkansas Best Corp. says it is freezing its pension plan for employees who are not in a union.
-
Enbridge Energy planning pipeline into Oklahoma
Enbridge Energy Co. is preparing to construct a 600-mile pipeline that will carry crude oil from Illinois to Cushing, and the project promises to bring several hundred jobs.
-
Fan Outfitters sold to national chain
A Lexington-based string of sporting goods clothing stores has been sold to Lids Sports Group, a national chain based in Indianapolis.
-
Chesapeake names Anadarko executive as new CEO
Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO.
-
Stocks hold close to record levels
A stock market surge took a pause Monday after investors pushed indexes to record levels last week.
-
American will favor passengers without roller bags
If you’re traveling light, you can board earlier on American Airlines.
-
A late fade on Wall Street; Wal-Mart, Disney slump
Signs of a slowing economy combined with comments from a Federal Reserve official helped pull the stock market down Thursday.
- More Business Headlines
-
Huge Tornado Kills Dozens Near Oklahoma City
Raw: Rescuers Pull Tornado Survivors to Safety
Oklahoma Gov: 'Hearts Are Broken' After Tornado
Raw: Walking in a Flattened Okla. Neighborhood
Raw: Rescue Workers Search Oklahoma School
Raw: Witness Describes Scene After Okla. Tornado
Raw: Aftermath of Massive Tornado in Oklahoma
Raw: House Burns After Massive Oklahoma Tornado
Raw: Tornado on the Ground in Oklahoma
Split-second Choice Ended With NY Student Dead
White House Backs 'Shield Law' for Media
Wave of Attacks Kills Scores in Iraq
Pug Life on Display at Wisconsin Festival
Company Promises to Make All Snail Mail Digital
Analyst: Tumblr Fills Void in Yahoo's Offerings
Commuters Face Delays After Conn. Train Accident
Raw: Swarm of Tornadoes Slams Plains
Raw: Fierce Bombing in Qusair, Syria
RAW: TV Staff Take Cover From Tornado
Raw: Accused US Spy Reportedly Leaves Russia
