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The First Quarter, 2017 General Aviation turboprop deliveries are out from GAMA, and total aircraft unit deliveries are down (-9.1%) to 99 from 109 in 1st Quarter, 2016 and total revenue was $273.2M ($2.75M per average aircraft delivered).
- The Agricultural Aircraft Segment, had a good Quarter with deliveries up to 46 aircraft a 27.7% increase on 2016’s 38 deliveries and revenue of 54.1M ($1.17M per aircraft average).
Air Tractor (USA) had 36 deliveries, including 15 of its high end $1.8M AT-802A’s and Revenue around $45.6M for the quarter, versus $46.7M in 2016 when 17 x AT-802’s were delivered.
Thrush Aircraft (USA) delivered 10 aircraft the same as it did in 2016 but no high end $1.6M S2R-T660 (or the militarized version, IOMAX Archangel), and revenues were $8.5M versus $14.5M in 2016 when 4 x T660’s were delivered.
2. The Single Engine Utility Segment, deliveries were down to 18 aircraft (-14.3%) from 21 last year, for a revenue of $42.1M ($2.33M per aircraft average).
Pilatus Aircraft (Switzerland) delivered NO PC-6’s while in 2016 it delivered 3.
Quest Aircraft (USA, Japanese owned) delivered 9 x Kodiak 100’s (up 80%) on 2016’s 5 deliveries, for revenue of $22.0M ($2.44M each) as price keeps going up.
Textron Aviation (USA) delivered 3 x $1.95M CE-208’s the same as in 2016 and 5 x $2.52M CE-208B’s down from 9 in 2016 (-44%), for revenue of $18.5M.
Pacific Aerospace (New Zealand) delivered 1 x PAC 750XStol, same as in 2016, for a revenue of $1.6M down from $1.8M in 2016.
3. The Single Engine Pressurized Segment, deliveries were 23 the same as in 2016 and revenue was $98.73M ($$4.29M per aircraft delivered average).
Daher (France) delivered 7 TBM’s (6 x 930’s and 1 x new 910) up 40% on 2016 deliveries of 5 x 900’s, with revenue at $29.09M ($4.15M per aircraft average).
Pilatus Aircraft (Switzerland) delivered 12 x PC-12NG’s which is down 25% on 2016 deliveries of 16, with revenue at $59.1M ($4.92M per aircraft)
Piper Aircraft (USA, Brunei owned) delivered 3 x $2.85M M600’s and 1 x $1.99M M500 which is a 100% increase on 2016 deliveries of just 2, revenue is $10.54M ($2.63M per aircraft delivered).
4. Twin Turbine Pressurized Segment, deliveries were 12 and ALL from Textron Aviation (USA), this down from 27 deliveries in 2016 (-55%) when 26 King Airs were delivered (5 x $3.59M King Air C90GTx, 6 x $6.23M King Air 250’s, 15 x $+/- 7.7M King Air 350i/HW/ER and 1 x $7.39M Piaggio Avnato Evo.
In 1Q/2017 deliveries were, 2 x $3.59M King Air C90GTx (down from 5 in 2016, or -60%), 4 x $6.23M King Air 250’s (down from 6 in 2016, or -33%) and 15 x $+/- $7.7M King Air 350i/HW/ER, for revenue of $78.3M ($6.52M per delivered unit).
It is this segment that has dragged 1Q/207 deliveries down and net order decline of 15 aircraft.
TILL NEXT TIME, THANK YOU AS ALWAYS, keep coming back !
Nice and short today, no ? I am improving, just so much to say usually.