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Summary: The 1st half, 2017 General Aviation turboprop delivery figures are out, with 230 deliveries (down 1.3%), (261 engines, all PT6’s, except 10 x GE H80’s) total sales of $703.8M (-13%), and once again the Agricultural Market leads in deliveries with 86 deliveries worth $108.8M. BIG winners are Air Tractor (agricultural aircraft,) with deliveries up 47% to 69, Piper (M500/600) +138% to 19, and Daher (TBM 910/930) +28% to 23. The BIG loser is Textron Aviation, down by 28 aircraft (-34%) from 81 aircraft to 53 aircraft) with a reduction of deliveries by 10 x Caravans and 18 x King Airs versus 1H/2016, the reduction in deliveries is valued at $132.8M, what is going on with the Caravan and King Air sales ? Is there a demand drop ? if so why ? Another loser is Piaggio with NO delivery of its Avanti EVO in 2017 yet (only 1 in 2016) a “walking dead” program for a long time, while Pacific Aerospace is not far off as it has delivered just 1 PAC750 XStol in 2017 (3 in 2016) ? no sign of Big Chinese order ? no surprise, and how long can you keep going with such low production rates ? Meanwhile new competing turboprop products are coming from EPIC, Mahindra, Quest and Textron, only the strong will survive.

The 1st Half 2017 GAMA numbers are out and I have looked at the turboprop deliveries and sales for these first 6 months of 2017 against the first six months of 2016. The 1st half 2017 deliveries are 230 vs 233 in 2016 (-1.3%) and total sales are $703.8 million down $105.8 million (-13%) on … Continue reading

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