Industry billings plunged 22.3% to $7.3 billion in the first half of the year, reflecting the general malaise that continues to plague the business aircraft market, according to the most recent shipment report released by the General Aviation Manufacturers Association. In the first six months of 2011, aircraft shipments fell 15.5% to 791. This is down from the 936 aircraft delivered in the first half of 2010. Aircraft shipments fell across all categories in the first six months, but the ...
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