Analyst Raises Alarm over Rising Used G650 Inventory
Deutsche Bank downgraded Gulfstream Aerospace parent General Dynamics due to concerns about the effect of rising pre-owned G650 inventory on new sales.
Rising inventory of pre-owned Gulfstream G650s and their effect on new sales and deliveries is causing concern for Deutsche Bank's aerospace analyst. According to JetNet, pre-owned inventory of the ultra-long-range jet rose from six last March to 19 this month, or 11.5 percent of the in-service fleet. (Photo: AIN)