Singapore Air Show

Gulfstream finds success in Asia/Pacific markets

 - December 6, 2006, 11:35 AM

During 2005 Gulfstream Aerospace sold 16 business jets in the Asia/Pacific region including the first large-cabin, long-range G450 and the second large-cabin, mid-range G200 to operate in the People’s Republic of China.

Raynor Reavis, senior vice president, marketing and sales, told Aviation International News, “We have experienced some success in China over the last year or so and I’m very encouraged about the way the Chinese are approaching this market. An anti-business aviation cultural bias has, in the past, been something you had to overcome. I see things happening there that give me very positive vibes regarding what we’re going to see in the future.”

Gulfstream aircraft sold in the Asia/Pacific region last year include 12 new aircraft: eight G550s, one G450, one G350 and two G200s. The remaining four sales were pre-owned business jets–two GIV-SPs, one GV and one G200.

The G450 was purchased by Hong Kong-based Everbest Business, a joint venture between New World CyberBase and C-Jet, a private company with a base in Hong Kong. It will begin operating out of Shenzhen, China, in 2007.

The second G200 to operate in mainland China was purchased by Brightclear Holdings, a company under the Emperor Group of Hong Kong. It will begin operating out of Shenzhen later this year and will be used as a corporate aircraft supporting the group’s various businesses.

Since 2000, the fleet of in-service Gulfstream business jets in the Asia/Pacific region has doubled in size from 22 to 44. The current in-service fleet includes G100s and Astras; G200s; GIIs and GIIIs; GIVs and G400s, GVs and G550s. Additionally, there is an increasing number of Gulfstream aircraft flying to, or through, the region.

As the company expands its presence in the region it continues to ramp up its support capacity. Gulfstream added a second field service representative in Hong Kong last month and will add a second in Singapore in the second quarter of this year. In addition, a specialized PlaneView cockpit technician has been employed in Hong Kong and a maintenance technician will be located at Metro Jet’s Hong Kong facility to assist transient operators, effective the second quarter of this year.

Gulfstream is also in the process of positioning approximately $4 million worth of additional high-use parts in Hong Kong and $2.5 million worth in Shanghai to further improve the dispatch reliability of aircraft based in the region or in transit.

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