Aircraft
Gulfstream G500, G600 Development On Track
Company plans to use ground testing and greater flight test approval authority to optimize certification
Gulfstream is here at EBACE in force,with its G150, G280, G450, G550 and G650ER models on display. Back in Savannah, Georgia, development of the new G500 and G600 continues apace. Earnings were up 6.7 percent in the first quarter, despite overall revenues dropping by 0.8 percent. (Photo: David McIntosh/AIN)
Gulfstream is here at EBACE in force,with its G150, G280, G450, G550 and G650ER models on display. Back in Savannah, Georgia, development of the new G500 and G600 continues apace. Earnings were up 6.7 percent in the first quarter, despite overall revenues dropping by 0.8 percent. (Photo: David McIntosh/AIN)

Gulfstream Aerospace reported that the development programs of its G500 and G600 are well underway, while its European fleet has grown to more than 200 aircraft, an increase of 30 percent in the last five years. First quarter revenue for the company, at $2.1 billion, was down 0.8 percent from the first quarter of 2014, while earnings were up 6.7 percent over the same periods.

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