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GAMA Reports Declines In 2016 Aircraft Shipments


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Airplane shipments are down for the first half of 2016, the General Aviation Manufacturers Association reported Friday. There were 970 units shipped for the first six months of the year, a 4.5 percent decline. Billings for new airplanes fell 11 percent to $9.3 billion, while rotorcraft billings saw a 32.5 percent drop over last year, from $2.1 billion to $1.4 billion.

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