In a conference call with analysts yesterday, General Dynamics president and CEO Jay Johnson summarized full-year and fourth-quarter results for the defense and aerospace manufacturing conglomerate. Overall, sales climbed 9.2 percent over 2008, to nearly $32 billion, “driven entirely by our defense businesses,” he said. This growth was offset by a 6.2-percent decline in aerospace revenue during 2009 versus 2008.
Savannah Air Center will change its name to Midcoast Aviation effective January 1. The Savannah, Ga.-based company was acquired by Jet Aviation in 2008, two years after Jet Aviation acquired Midcoast Aviation in St. Louis, as part of the company’s effort to strengthen its completions, modification and maintenance services in North America.
Gulfstream Aerospace and Israel Aerospace Industries (IAI) flew the super-midsize G250 for the first time on December 11, and at press time were expecting the new airplane to fly again, weather permitting. This second flight could see the Honeywell HTF7250G-powered twinjet reach 40,000 feet and Mach 0.8, according to IAI chief test pilot Ronen Shapira.
A shell-shocked business aviation industry is peeking out from behind the bulwarks and wondering if the lull in gunfire signals the beginning of an end to the battle.
“Flying has picked up again in a meaningful way, which is a good sign for everybody,” said Steve O’Neill, CEO of CitationAir, which announced last month it would be recalling 16 furloughed pilots and accepting its first two Citation Xs by the end of the year.
Effective January 1 Savannah Air Center will be named Midcoast Aviation. In the U.S., Midcoast Aviation will now operate two completions and maintenance centers (St. Louis and Savannah). In an effort to strengthen its completions, modification and maintenance services in North America, Jet Aviation acquired Midcoast Aviation in 2006 and, in 2008, Savannah Air Center.
Gulfstream Aerospace and Israel Aerospace Industries (IAI) flew the G250 super-midsize business jet for the first time today, fulfilling a promise made earlier this year to fly the airplane before the end of 2009. The milestone completes Gulfstream’s goal to fly both its completely new G650 ultra-long-range jet and the G250, which is a derivative of the G200 (the former IAI Galaxy), before year-end.
Executives from Gulfstream Aerospace were clearly starting to relax about the economic situation at a Dubai Airshow press conference here this week. The business aircraft manufacturer is banking on an upturn to ensure that its two new jets–the G250 and G650–prove real winners.
Gulfstream Aerospace has recently added two representatives to its field service organization. Mohammed Alghanim will assist customers in the Middle East, while David Perez supports customers in northern Africa and southern Europe.
The Republic of Mauritius has awarded Gulfstream Aerospace’s Savannah service center approved maintenance organization (AMO) status. It is the first U.S. AMO approved by the island nation. The designation means that any Gulfstream IV or V registered under the Mauritius Department of Civil Aviation can use the Gulfstream Savannah service center for maintenance, inspection and modification.
Gulfstream and Israel Aerospace Industries publicly intro- duced the first example of the Gulfstream G250 at IAI’s facility on Ben Gurion International Airport near Tel Aviv, Israel, two weeks before the opening of this year’s NBAA Convention in Orlando.