Despite facing the gravest economic slowdown in decades, officials for Gulfstream Aerospace (Chalet No. 24) say they remain optimistic about the long-term health of business aviation and point to the Middle East market as an enduring bright spot.
Despite what parent company General Dynamics chairman and CEO Nicholas Chabraja termed a “tumultuous period in the markets and dislocation in the financial services sector,” Gulfstream Aerospace “had a terrific [third] quarter.” Aircraft sales in the quarter climbed 4.3 percent as a result of orders for large-cabin Gulfstreams and the new larger-cabin G650, though Chabraja noted there was a “soft spot” in sales of the midsize G150 and, to some
Gulfstream Aerospace at the NBAA Convention last month took the wraps off the G250, a successor to the G200 (née Galaxy), marking the second new aircraft launch this year for the Savannah, Ga.-based manufacturer. The $24 million derivative is expected to address several shortcomings of Gulfstream’s super-midsize business jet offering, including runway performance, range and the lack of a hot-wing de-icing system.
Despite what General Dynamics chairman and CEO Nicholas Chabraja termed a “tumultuous period in the markets and dislocation in the financial services sector,” its Gulfstream Aerospace division “had a terrific quarter.” Thanks in part to higher sales and deliveries of business jets at Gulfstream, General Dynamics yesterday reported third-quarter profits of $634 million, an increase from the $544 million posted in the same period last year, on r
Gulfstream Aerospace (Booth No. 275) yesterday morning unveiled the G250 to succeed the G200, which entered service in 2000 as the Galaxy super-midsize business jet. This marks the second new aircraft launch this year for the Savannah, Ga. manufacturer following the official go-ahead for the large-cabin G650 in March. The company began accepting orders here at NBAA for the roughly $24 million (complete) airplane.
Gulfstream Aerospace yesterday said its midsize G150 received type certificate validation from Transport Canada, allowing operators of the twinjet to register their aircraft in Canada.
Gulfstream Aerospace is demonstrating its second-generation enhanced-vision system (EVS II) on its G150 experimental flight-test aircraft here at the NBAA Convention.
Safe Flight Instrument Corp.’s AutoPower automatic throttle system will be an option on the Gulfstream G150, thanks to a contract that Gulfstream has signed with the White Plains, N.Y. company.
The 200th Gulfstream G200 rolled out June 4 at Israel Aerospace Industries’ (IAI) manufacturing plant at Ben Gurion International Airport in Tel Aviv. “This is a historic moment for Gulfstream and IAI,” said Gulfstream Aerospace president Joe Lombardo.
It’s become tradition. No sooner does a manufacturer introduce a new airplane than NetJets follows right behind with an order announcement. This year’s NBAA Convention is no exception. The Woodbridge, N.J.-based fractional jet operator has placed orders and options for 200 of the newest midsize business jets, introduced here by Cessna and Gulfstream, transactions that have a potential value of nearly $2 billion.