Orders and Deliveries Climb at Gulfstream

AINalerts » April 20, 2006
November 22, 2006, 6:05 AM

Gulfstream appears to be off to a good start in meeting its projection to deliver this year 72 or 73 “large aircraft” (G350s, G450s, G500s and G550s). According to Nicholas Chabraja, chairman and CEO of parent company General Dynamics, “We had orders for more aircraft, both in units and dollars, than we had in the year-ago quarter.” Gulfstream delivered 18 large aircraft in the first quarter compared with 14 in the same period last year. This year’s production of large aircraft (built in Savannah, Ga.) is 100-percent sold, as it is through the third quarter of next year, Chabraja said. General Dynamics projects Gulfstream will deliver 80 large aircraft next year. The company delivered seven midsize aircraft (G150s and G200s built in Israel) in the first quarter, down one compared with the same period a year ago. In total, the Savannah-based OEM expects to deliver a record 111 business jets this year and 127 next year.

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