Gulfstream deliveries down, backlog up

 - May 15, 2008, 11:35 AM

Deliveries of Gulfstream business jets in the first quarter were down slightly compared with the same period a year ago, but the firm’s first-quarter order backlog of $6.4 billion was an increase of $900 million from last year. Gulfstream said it delivered 15 green GIV-SPs and GVs (vs 18 in the first quarter last year) and 10 finished G100s and G200s (the same as last year’s first quarter). The company also said it is retaining the $51 million in deposits it received for 36 Gulfstreams ordered for the defunct Avolar business aviation startup by UAL Corp.