Gulfstream officials yesterday got a chuckle out of claims by rival Bombardier that the Canadian manufacturer’s Global 5000 business jet beat their own Savannah, Georgia-built G450 on a recent speed-record flight.
Demonstrating that Boeing and Airbus aren’t the only bitter rivals in the aerospace schoolyard, Bombardier yesterday issued a public challenge to Gulfstream by proposing the two commit to the idea of holding a race.
The U.S. Exim Bank has approved a long-term loan guarantee to support the sale of three Gulfstream G350 business jets to Saudi Arabian executive air transport provider National Air Services. Gulfstream signed a letter of intent in May for the aircraft, which the Exim Bank accord finalizes. The transaction is structured as an asset-based financing arrangement with the G350s serving as collateral. Arab Banking Corp.
During 2005 Gulfstream Aerospace sold 16 business jets in the Asia/Pacific region including the first large-cabin, long-range G450 and the second large-cabin, mid-range G200 to operate in the People’s Republic of China.
Gulfstream delivered 83 business jets in the first nine months of this year versus 65 in the same period last year, according to figures released today by parent company General Dynamics.
Gulfstream formally launched a synthetic vision system (SVS) development program yesterday at the Farnborough Air Show with avionics maker Honeywell. The software upgrade to the PlaneView cockpits in the G350 through G550 will bring a virtual-reality view of terrain, obstacles, water and runways to the flight displays.
Gulfstream has received a third STC for installation of high-speed Broad Band Multi-Link (BBML) data systems, this time in the ultra-long-range G550/G500. The approval opens the door for installations of equipment used for connecting laptop computers and other Web-enabled devices with the Arinc SkyLink and Direct broadband satellite data service.
Reporting on first-quarter results, General Dynamics (GD) singled out Gulfstream for “superb performance.” According to GD chairman and CEO Nicholas Chabraja, the Savannah, Ga.-based OEM had significant growth in virtually every segment: sales, deliveries, earnings, revenue, margins and backlog. “I think our disciplined approach to cost controls and productivity continues to pay extraordinary dividends,” Chabraja said.
In a bid to bring the functionality of its larger siblings to the G150 midsize jet, Gulfstream announced that it is adding pilot and copilot cursor control devices (CCDs) to the airplane’s Rockwell Collins Pro Line 21 avionics system. The CCD for the G150 will be nearly identical to the controllers in the G550, G500, G450 and G350, mounted in roughly the same locations as those models on the cockpit sidewalls.
Gulfstream’s results for the first nine months of this year show double-digit improvements in net sales and operating earnings, as well as an increase in backlog and a marked jump in aircraft deliveries, compared with the same period last year.