Some 11,103 business jets worth $240 billion will be delivered over the next 10 years, according to the second annual industry forecast published yesterday by Montreal-based business aviation services firm Zenith Jet. The exhaustive 40-page “bottom up” forecast estimates compounded annual growth of 15 percent for new business jet shipments from now until 2016, the predicted peak year with 1,468 delivered jets worth $31.6 billion.
Gulfstream Aerospace recently expanded its product support organization with the opening of an In-Flight Support Center, the centerpiece of which is three FlightSafety International-built flight-deck simulators that can mirror what is happening in flight.
CRS Jet Spares will be establishing a footprint in Asia over the coming year. “We have been involved in providing our services to the Asia region for a long time and now believe the timing is right to establish a footprint in the region,” said Armando Leighton, Jr, CRS Jet Spares founder and CEO. According to Leighton, the plan will be developed over the next 12 months and implemented in phases.
The Gulfstream G350 and G450 received Transport Canada approval to operate at their maximum cruise altitude of 45,000 feet. Transport Canada normally restricts flight to below 41,000 feet unless special conditions are met to ensure against rapid cabin depressurization. To achieve this Gulfstream added its automatic emergency descent mode (AEDM) feature to the two jets.
Gulfstream Aerospace announced ambitious plans last month for a $500 million, seven-year expansion project at its Savannah, Ga. headquarters “to ensure that the company is well positioned to meet future demand for business jets and support services.” To facilitate the new development, the aircraft manufacturer entered into a 50-year lease with the Savannah Airport Commission to build additional facilities on 159 acres of airport land.
Gulfstream selected Universal Avionics’ cockpit voice recorder with recorder independent power supply (Rips) and flight data recorder as forward-fit, standard equipment on the G450, G550 and G650. With this move, Gulfstream will be the first fixed-wing OEM to be in compliance with an FAA final rule mandating Rips for
certain aircraft. Rips technology provides a backup power source in the event of a main power failure.
What the GAMA third-quarter numbers subtracted from the upbeat mood generated by October’s NBAA Convention, Gulfstream Aerospace restored in part when it announced ambitious plans last month for a major seven-year expansion project at its Savannah, Ga. headquarters “to ensure that the company is well positioned to meet future demand for business jets and support services” (see page 6).
Gulfstream Aerospace yesterday announced plans for a $500 million, seven-year expansion project at its Savannah headquarters “to ensure that the company is well positioned to meet future demand for business jets and support services.” The aircraft manufacturer entered into a 50-year lease with the Savannah Airport Commission to build additional facilities on 159 acres of airport land.
WinAir of Taiwan announced at the NBAA Convention that it will launch a charter and aircraft management service in Taipei, Taiwan, on October 29. It will be the country's first such service. WinAir, which began as a private flight department, operates two U.S.-registered aircraft, a Gulfstream IV and a G450. The company recently took delivery of a G550 that was the first business jet to receive Taiwanese registration.
Gulfstream Aerospace (Booth No. 2043) has been able to “proactively manage our business to respond to market realities,” said company president Joe Lombardo. “When you consider today’s market realities, we’re doing relatively well.”