The General Aviation Manufacturer’s Association issued its second quarter (Q2) delivery report for 2019 and the results were mixed. Mike Potts assesses the shipment data with a focus on the Piston Markets…
Both the jet and piston markets continued the upward surge that began in 2018, but by the end of Q2 2019 turboprop shipments had faltered. This represents something of a disappointment in the wake of two consecutive reports when all three segments were ahead of their prior year numbers.
Specifically, Piston products led the increase with a gain of 15.2% in H1 2019 over H1 2018, (567 deliveries in 2019 versus 492 in 2018).
The Piston Single Market
The piston market featured a change in the line-up of its traditional market leaders in Q2 2019. While nobody is stepping up to challenge Cirrus (still the leader by a wide margin), Piper has surged on the strength of a robust Q2 to displace Cessna from the second-place position it has comfortably enjoyed in recent years.
Cessna, which reluctantly ceded market leadership to Cirrus a few years back, won’t be happy with this development.
The fortunes of individual companies in the piston segment are generally positive. Of 13 piston OEMs reporting single-engine deliveries to GAMA so far this year, seven had better results than a year ago and two matched their H1 2018 performance. Only four had negative results and all but one of those are by narrow margins.
Piper's Arrow III has helped keep Piper's deliveries strong in 2019
Market Leader: Cirrus continues to be the market leader by a wide margin with 172 deliveries for the half-year, and 106 in Q2 alone. Cirrus’ half-year total matches 2018 while its Q2 total is up 8.16% from the 98 it reported for Q2 2018.
Piper is in second place with 89 deliveries for the half-year, up 81.63% from the 49 it recorded last year. Piper’s Q2 was similarly strong with 47 deliveries, up from 30 in the prior year (a gain of 56.67%).
Textron’s Cessna unit was third with 66 deliveries at the mid-year point, down from 79 the year before. The Q2 totals were also off, at 31 units compared with 59 a year ago. Not far behind in fourth place was Tecnam, with 51 deliveries for the half-year, up from 45 the year before. That’s a gain of 13.33%. In Q2 alone Tecnam was down slightly from 30 to 26.
Running narrowly behind Tecnam in fifth place was Diamond, with 48 deliveries, up sharply from the 25 it had a year ago. That’s a gain of 92%. Diamond’s twin-engine production was also up significantly (see below).
Newcomer Pipistrel moved into double digits, reporting 10 deliveries for the first six months of 2019, up from seven last year. That was a gain of 30% and moved Pipistrel into sixth place among the piston OEMs. Pipistrel reported four deliveries in Q2 of both years.
Of the remaining six OEMs all had nine or fewer deliveries, including: AVIC with nine; Cubcrafters (eight); Mahindra (six); Mooney and American Champion (four each); Textron’s Beechcraft unit (three); and Waco (two). Extra, when it reports, is likely to match or exceed the 12 it had a year ago which would put it in sixth place ahead of Pipistrel.
The Piston Twin Market
The piston twin market is also humming along with 94 deliveries for the year, up 16.1% from a year ago when there were 81 units. The Q2 was particularly strong with 60 aircraft, up from 43 (+39.5%).
Leading the piston twin market is Diamond with 50 units, up from 33 (including 36 in Q2 alone). A year ago, Diamond had just 13 twins in Q2.
Tecnam was second in piston twin deliveries with 23, down from 25 last year. The 23 included two examples of a new model – the P2012 Traveler – a cabin class twin that Tecnam hopes to sell in the regional airline market as well as corporate. Tecnam delivered 12 twins in Q2, down from 13 a year ago.
The P2012 helped Tecnam into second spot for Piston Twin deliveries in Q2 2019
Third for piston twins shipments was Piper with 17 deliveries, up from 15 a year ago, followed by Textron’s Beechcraft unit with four, down from eight in 2019. All the Beechcraft deliveries came during Q2.
With the piston and jet markets performing strongly we can hope that the turboprop market will regain momentum in the last half of 2019, allowing us to finish the year with the best results the Business Aviation industry has seen in quite a long time.
More information from www.gama.aero