Brad Hatt resigned from his position as senior v-p of sales at Hawker Beechcraft. The Wichita airframer has announced several other changes to its executive management team. Richard Emery, most recently a v-p of sales at Gulfstream, has been appointed president of its Americas jet sales division. Justin Firestone, previously CEO of private jet card provider Asia Jet, was named president of its Asia-Pacific sales division.
The FAA and the European Aviation Safety Agency (EASA) last week certified the Gulfstream G150 for a steep-approach angle of up to six degrees versus the normal approach angles of 3.5 degrees or less. Several airports worldwide–including London City Airport–require steep-approach certification to land at their facilities due to terrain, obstacles or local noise ordinances.
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.
At a Bank of America/Merrill Lynch Global Industrial Conference last month, General Dynamics chief Jay Johnson said that his company’s aerospace division–namely Gulfstream and Jet Aviation–hit their troughs last year. He said the prospects for both companies this year are good, and he expects next year to be a strong growth year, especially for Gulfstream.
Gulfstream “held its own again in the third quarter” despite a planned five-week plant shutdown, Jay Johnson, the president and CEO of parent company General Dynamics, said yesterday during a third-quarter investor call. Due to the shutdown, Gulfstream delivered 14 green large-cabin jets in the quarter versus 24 a year ago; it also delivered only three green midsize jets in the three-month period compared with 16 last year.
Gulfstream “held its own again in the third quarter” despite a planned five-week plant shutdown, according to Jay Johnson, president and CEO of parent company General Dynamics. Due to the shutdown, Gulfstream delivered 14 green large-cabin jets in the quarter versus 24 a year ago; it also delivered only three green midsize jets in the three-month period compared with 16 last year.
Gulfstream isn’t shy about saying that the new wide-cabin G650 will not forever be the upper echelon of the Savannah, Ga.-based company’s aircraft line. “We are already working on product development beyond the G250 and G650; that’s not the end of the line,” Jay Johnson, president and CEO of Gulfstream parent General Dynamics, said last month. Recent U.S.
Joe Lombardo became president of Gulfstream Aerospace on April 9, 2007. He also serves as executive vice president of the General Dynamics aerospace group and was Gulfstream’s chief operating officer before becoming president. Before joining Gulfstream in 1996 as vice president of co-production, he served in leadership roles at Douglas Aircraft.
Gulfstream Aerospace is designating the Jet Aviation facility in São Paulo, Brazil, as an authorized warranty repair facility. “Because Jet Aviation is now part of the General Dynamics parent-company aerospace group, it allows us to improve our service capabilities in the region, and in particular in Brazil,” Gulfstream said. General Dynamics is also the parent company of Gulfstream.
Bombardier Aerospace and Gulfstream Aerospace are well known fierce rivals, but that doesn’t mean they can’t agree from time to time, especially when it comes to the outlook for business jets.