Building upon 11 years of U.S. operations, Jet Parts of Boynton Beach, Fla., has announced that it is expanding into Europe. The company offers rotable and consumable parts for all Falcons, Gulfstream IIs, IIIs and IVs and Hawker 600s, 700s, 800s and 800XPs with a 24-hour AOG service. The Geneva office is slated to open by year-end.
Third-quarter results show that Gulfstream is on its way to ending this year with significantly improved numbers in deliveries, earnings and sales. According to figures released by parent company General Dynamics, Gulfstream delivered a total of 57 green aircraft in the first nine months of this year, compared with 53 in the same period last year. Earnings and margin rates more than doubled.
Although Gulfstream Aerospace has repeatedly denied speculation that it is working on a G600, thought to be a composite-fuselage, long-range widebody business twinjet, last month’s announcement of four new directors at the Savannah, Ga. headquarters hints that the company is looking at new design elements.
Gulfstream Aerospace's announcement yesterday of four new directors at its Savannah, Ga. headquarters hints at design elements for the widely expected G600, which is thought to be a composite-fuselage, long-range widebody business twinjet. Gulfstream has repeatedly denied such speculation, and a spokesman today maintained there officially is no G600 model, even though the company holds trademarks for this model name, the G625 and G675.
General Dynamics’ aerospace segment, which includes Gulfstream, saw its third-quarter earnings rise 37 percent, to $226 million, while sales climbed 21 percent, to $1.31 billion. International sales are rising and accounted for 53 percent of Gulfstream’s orders in the three-month period, a trend evident throughout the industry.
A federal judge approved a deal between the Equal Employment Opportunity Commission and Gulfstream Aerospace in which the airframe manufacturer agreed to pay $2.1 million to more than 60 former employees–none of them pilots–to settle an age-discrimination suit.
Gulfstream Aerospace has awarded FlightSafety International a five-year contract to perform maintenance technician training at its Savannah, Ga. factory. The contract also includes training for all other Gulfstream
Since parent company General Dynamics acquired Galaxy Aerospace last year, Gulfstream has been on a program to improve the performance of the Gulfstream 200 (nee Galaxy) to meet a request by NetJets that it be able to fly London to New York in 85-percent winds with four passengers at Mach 0.75.
On August 31 Gulfstream and Israel Aircraft Industries, manufacturer of the G100 and G200, celebrated the rollout of the 100th G200 at a ceremony in Tel Aviv. Since 2001, when Gulfstream purchased the G200 product line and type certificate from the now defunct Galaxy Aerospace, the company has delivered 67 outfitted aircraft.
Gulfstream president Bryan Moss accepted the 2003 Collier Trophy from National Aeronautic Association president and CEO Donald Koranda and National Aero Club board president Stewart Orr at ceremonies on May 19 in Arlington, Va.