Jay Johnson, president and CEO of Gulfstream Aerospace and Jet Aviation parent company General Dynamics, said yesterday that Gulfstream had a “banner” fourth quarter, with deliveries of 35 green aircraft–including 12 G650s–versus 20 jets in the same period in 2010. For 2011, Gulfstream shipped 107 jets, eight more than in the previous year.
It is with some justification that Theodore “Teddy” Forstmann, the founder of Forstmann Little & Company, is described in aviation circles as “the man who saved Gulfstream.”
Larry Flynn, president of Gulfstream Aerospace, said at a press briefing here yesterday that the Middle East remains a growing market for its business jets and that political turmoil of the Arab Spring has “not had as much impact as we expected.”
JetBed began offering its patented design in 2008 and it has since become the gold standard for sleeping flat in a small aircraft cabin. Its beds weigh 20 to 26 pounds and deploy from a single integral bag when placed on the floor between two or four facing seats. The foundation inflates in less than a minute with the aid of a portable, rechargeable battery pump.
Gulfstream Aerospace expects to receive provisional type certification (PTC) of its wide-cabin G650 this year–possibly by the end of this month–followed by issuance of the full type certificate early next year. Deliveries will begin in the second quarter of 2012 “as we said years ago,” said Gulfstream president Larry Flynn.
General Dynamics reported third-quarter earnings yesterday, and chairman and CEO Jay Johnson said the company’s aerospace group–Gulfstream Aerospace and Jet Aviation–saw “continued emerging market customer interest and improved aircraft service volume” in the quarter.
Gulfstream Aerospace is showing its newly announced “Elite” interiors for the G550 and G450 here at NBAA 2011. The extra-cost package incorporates much of the look, feel and functionality of the clean-lines interior the company developed for its new flagship G650 ultra-long-range business jet.
FlightSafety International (FSI) announced a variety of new offerings aimed at enhancing its ability to train customers in current and forthcoming aircraft. For example, it is designing and manufacturing 14 Level D-qualified simulators that will be installed in its learning centers in 2012 and 2013. Next year, moreover, it will add training locations for Gulfstream’s G450 and G550 in Dallas and Hong Kong.
Gulfstream Aerospace unveiled its new “Elite” interiors for the G550 and G450 at the NBAA Convention this week in Las Vegas. The extra-cost package incorporates much of the clean-lines look, feel, and functionality of the interior the company developed for its ultra-long-range flagship G650. “The Elite package is built on the brand DNA of the G650,” said Gulfstream president Larry Flynn.
Class warfare is much in the headlines of late, and there’s a sort of parallel in business aviation. While the wealthiest citizens and corporations are sitting on mounds of cash for fear of investing it in the wrong place in troubled times, the middle class, the poor and many small businesses are feeling the financial deprivation of this downturn day-to-day. So goes it in the hierarchy of business-jet manufacturers.