Year to date, Gulfstream Aerospace has logged more sales from customers outside the U.S. than inside, 66 versus 62, according to Joe Lombardo, Gulfstream president. By comparison, total Gulfstream orders for all of last year were 92 domestic and 67 international, and in 2004 they were 75 domestic and just 22 international.
After a year-and-a-half-long court battle, maintenance-tracking provider Camp Systems International and Gulfstream Aerospace signed a cross-licensing agreement that settles the dispute. Under the agreement, Gulfstream will permit Camp to use Gulfstream’s copyrighted maintenance manuals on a non-exclusive worldwide basis for 15 years.
Rosen Aviation’s 17- and 20-inch display monitors have been selected as standard equipment for Gulfstream’s G450 and G550 cabin entertainment systems. Gulfstream Aerospace has also recognized the Eugene, Ore.-based company as one of its 2006 Top Performer suppliers, based on quality and on-time delivery...
The holding company for Fort Lauderdale, Fla.-based regional Gulfstream International Airlines and Gulfstream Training Academy hopes to raise some $10.2 million through an IPO on the American Stock Exchange, according to a registration statement filed with the SEC early last month. The company plans to sell 1 million shares on the Amex under the symbol GIA.
Recent news reports that Gulfstream plans to build a prototype supersonic business jet (SSBJ) by 2013 are inaccurate, according to a company spokesman. “We’re still doing basic research on sonic boom suppression,” he said.
Robert Harold Cooper, often referred to by those who knew him as “a true gentleman” and known to his friends at Gulfstream Aerospace as “Captain Bob,” died March 17 while playing golf with friends, as reported briefly in AIN’s April issue (page 108).
Revenue at Gulfstream Aerospace increased 18.7 percent in the first quarter of this year over the first quarter of last year, operating earnings grew 19.3 percent and backlog increased 9.8 percent from the end of last year on the strength of a “robust order book,” according to Nicholas Chabraja, chairman and CEO of parent company General Dynamics. Chabraja said Gulfstream plans to deliver 82 large aircraft this year.
Denver-based Avtrak, in association with technology partner Advanced Solutions of Littleton, Colo., has entered into an agreement with Gulfstream Aerospace. The agreement stipulates that Avtrak will provide its GlobalNet maintenance management technology to be the foundation for Gulfstream’s new computerized maintenance program, CMP.net.
PrivateSky Aviation Services, Inc. (www. privatesky.net) of Fort Myers, Fla., has enhanced its NDT capability with the addition of a ComScan non-destructive testing scanning machine. The company is an FAA-certified Part 145 repair station specializing in Gulfstream IIs, IIIs, IVs and Vs.
Gulfstream’s first-quarter operating earnings and margins improved from the same period last year. Business jet deliveries increased for the second consecutive quarter–to 17 in the first quarter compared with 15 in the first three months of last year. Gulfstream projects delivering 53 to 55 “large” aircraft (G300 through G550) this year, compared with 50 last year.