Gulfstream increases European spares inventory
“Today, 13 percent of all the world’s business jets are based in Europe,” said Larry Flynn, Gulfstream president for product support. “This is our largest market outside the United States. As such, we have ramped up our parts inventory to ensure our European operators as well as transient operators in Europe receive the parts they need, when they need them.”
In April 2003, Gulfstream began operating in Luton after acquiring the BBA Aviation Luton maintenance business that was known as Signature Flight Support. A year later, Gulfstream doubled its Luton hangar space to 56,000 sq ft by leasing an adjacent site. Last year the Luton facility serviced approximately 1,300 Gulfstreams.
According to Flynn, over the past four years the company has quadrupled the size of its parts inventory in Europe and has recently topped $12 million in high-turnover parts at the Luton facility.