Jay Johnson, the new president and CEO of Gulfstream parent company General Dynamics, said yesterday during an investor conference that he is “encouraged right now” about the “gradually improving” business jet market. As proof, he noted that Gulfstream fleet flying hours are increasing and new order interest is improving.
International Water-Guard (IWG) of Burnaby, B.C., has delivered the first IWG-A6 water treatment units to Gulfstream Aerospace for installation in the OEM’s new G650. The IWG-A6 incorporates a new, modular design, allowing many water system product configurations to be developed from a common core.
Gulfstream Aerospace received FAA certification to use the second-generation Gulfstream enhanced-vision system (EVS II) on the midsize G150. The system is available for both new and in-service G150s, Gulfstream said. Using an infrared camera mounted in the airplane’s nose, the EVS II projects real-time images of the aircraft’s surroundings on a multifunction display.
David Schmidt has been named president of newly formed Tailwind Technologies subsidiary Hartzell Aerospace. He previously held senior leadership positions at Meggitt and Esterline.
St. Louis-based engineering services and structural component supplier LMI Aerospace has appointed Jim McQueeney president and CEO. Most recently he was
v-p for material with Gulfstream Aerospace.
Gulfstream Aerospace has reintroduced its “Meet the Quote” spare parts price-matching program. Originally launched in 2004, the program this time will be in effect through the end of this month.
The program includes the most popular exchange parts, says Gulfstream, including valves, alternators, regulator and brake assemblies, actuators and display units, for the entire line of Gulfstream jets.
Jet Aviation has appointed Jakob Straub vice president and general manager of the company’s Zurich maintenance and FBO operations, succeeding interim general manager Paul Kempf. He joins the company from SR Technics Ireland in Dublin, where he was senior vice president and COO.
Gulfstream Aerospace has instituted a two-year parts warranty program. “In light of the economy and our ongoing commitment to create value for Gulfstream customers, we’re implementing a program that will allow our operators to reduce their costs,” said Mark Burns, president of product support at Gulfstream.
Gulfstream Aerospace added another European parts distribution center to its product support network. The Corjet Europe facility in Madrid, Spain, will serve as a strategic parts distribution facility for high-usage items commonly required by Gulfstream customers. Located at Madrid Barajas Airport, the facility currently holds almost $4 million in Gulfstream parts, with plans for expansion this year.
General Dynamics Aviation Services (GDAS) plans to shutter its facility located at Minneapolis-St. Paul International Airport (MSP) at the end of this month. The closure affects about 70 employees.
“We have issued warn notices to our employees in Minneapolis. We deeply regret that good, loyal, competent people are being affected through no fault of their own,” said a Gulfstream Aerospace spokesman.
With layoffs, furloughs, production cutbacks and cost controls, the industry is adjusting to the stress of the recession and the reduced demand for business aircraft.
Despite a rising stock market, a decline in new unemployment filings and other signs that the economy is recovering, the business aviation market is still bouncing along the rocky bottom, according to some analysts.