Singapore Air Show

Gulfstream’s Asia-Pacific fleet has tripled in six years

 - February 11, 2014, 10:46 PM
Gulfstream has enjoyed a surge of sales in the region over the 2008-2014 time period.

Gulfstream Aerospace is here with its entire line of business jets, hoping to keep its Asia Pacific fleet growing after a spectacular surge over the 2008-2014 period. On the static display, airshow visitors can see the G150, G280, G450, G550 and G650 models, with the super-midsize G280 and the ultra long-range G650 being debutants at the Singapore Airshow. The airframer is continuing to invest in its sales force and product support offering in the region, Roger Sperry, senior regional v-p international sales told AIN.

As of December 2013, there were 234 Gulfstreams flying in the region. “Three shows ago, we had just 74,” Sperry said. Today’s Asia Pacific fleet accounts for 11 percent of in-service Gulfstreams globally. Sperry claimed Gulfstream could boast 50 percent of the regional market in large-cabin aircraft (with the G450, G550 and G650).

In China, Sperry praised an ongoing relaxation of the rules governing business aviation. “It is getting easier to do business in China everyday,” he said. For example, the lead-time to have a flight plan approved has decreased from a week or more to three days. There are 84 Gulfstream jets flying in mainland China. With Macau, Hong Kong and Taiwan, the numbers add up to 134.

The factory-owned service center in Beijing in December celebrated its first anniversary. In one year, the 40 employees (including 20 technicians) have worked on 120 aircraft. Gulfstream Beijing is a joint venture between Gulfstream (Booth N94) and Hainan Airlines Group.

The company’s flagship, the G650, also celebrated a first anniversary in late 2013–one year in service. More than 50 examples of the 7,000 nm twinjet have been delivered to their customers, including five in the Asia Pacific.

In Southeast Asia, Gulfstream has 50 aircraft in service, including 20 in Singapore. Sister company Jet Aviation has a service center at Seletar Airport, where it is building a hangar expansion to triple the surface dedicated to maintenance, allowing it to accommodate five more G650s. Jet Aviation’s parts and materials store, combined with those of Gulfstream in Beijing and Metrojet in Hong Kong, add up to $57.5 million in the region.

Gulfstream has just moved its Singapore sales office to the central business district. The team, led by Asia Pacific regional v-p Jason Akovenko, will enjoy the view on Marina Bay from a 2,210 sq ft office suite.