For several years, the General Aviation Manufacturers Association's (GAMA) annual “State of the Industry” presentation has been a sobering affair. The global fiscal crisis that began in 2008 continued to throttle the industry long after others were well into recovery. The measures are startling. In 2008, GAMA companies delivered 3,970 aircraft—1,313 of them business jets—but by 2012 the totals were down by more than 50%, with just 672 business jets out the ...
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