Gulfstream “held its own again in the third quarter” despite a planned five-week plant shutdown, according to Jay Johnson, president and CEO of parent company General Dynamics. Due to the shutdown, Gulfstream delivered 14 green large-cabin jets in the quarter versus 24 a year ago; it also delivered only three green midsize jets in the three-month period compared with 16 last year.
Gulfstream isn’t shy about saying that the new wide-cabin G650 will not forever be the upper echelon of the Savannah, Ga.-based company’s aircraft line. “We are already working on product development beyond the G250 and G650; that’s not the end of the line,” Jay Johnson, president and CEO of Gulfstream parent General Dynamics, said last month. Recent U.S.
Joe Lombardo became president of Gulfstream Aerospace on April 9, 2007. He also serves as executive vice president of the General Dynamics aerospace group and was Gulfstream’s chief operating officer before becoming president. Before joining Gulfstream in 1996 as vice president of co-production, he served in leadership roles at Douglas Aircraft.
Gulfstream Aerospace is designating the Jet Aviation facility in São Paulo, Brazil, as an authorized warranty repair facility. “Because Jet Aviation is now part of the General Dynamics parent-company aerospace group, it allows us to improve our service capabilities in the region, and in particular in Brazil,” Gulfstream said. General Dynamics is also the parent company of Gulfstream.
Bombardier Aerospace and Gulfstream Aerospace are well known fierce rivals, but that doesn’t mean they can’t agree from time to time, especially when it comes to the outlook for business jets.
Jay Johnson, the new president and CEO of Gulfstream parent company General Dynamics, said yesterday during an investor conference that he is “encouraged right now” about the “gradually improving” business jet market. As proof, he noted that Gulfstream fleet flying hours are increasing and new order interest is improving.
Israel’s Elbit showed the latest member of its UAV family for the first time at the Paris Air Show in June. The Hermes 90 has an 85-kilogram mtow, of which 25 kilograms can be sensor payload. It can be operated by a crew of two, who can turn it round between missions in about 15 minutes. Endurance is over 18 hours at an altitude of 15,000 feet.
Gulfstream Aerospace has instituted a two-year parts warranty program. “In light of the economy and our ongoing commitment to create value for Gulfstream customers, we’re implementing a program that will allow our operators to reduce their costs,” said Mark Burns, president of product support at Gulfstream.
General Dynamics Aviation Services (GDAS) plans to shutter its facility located at Minneapolis-St. Paul International Airport (MSP) at the end of this month. The closure affects about 70 employees.
“We have issued warn notices to our employees in Minneapolis. We deeply regret that good, loyal, competent people are being affected through no fault of their own,” said a Gulfstream Aerospace spokesman.
According to letters sent to the Texas Workforce Commission, Gulfstream Aerospace is laying off 219 Dallas-based employees. This comes on the heels of similar Warn letters sent earlier this month to the 70 employees of the General Dynamics Aviation Services (GDAS) facility in Minneapolis notifying them of its closure at the end of June.