Jay Johnson, the new president and CEO of Gulfstream parent company General Dynamics, said yesterday during an investor conference that he is “encouraged right now” about the “gradually improving” business jet market. As proof, he noted that Gulfstream fleet flying hours are increasing and new order interest is improving.
Gulfstream Aerospace received FAA certification to use the second-generation Gulfstream enhanced-vision system (EVS II) on the midsize G150. The system is available for both new and in-service G150s, Gulfstream said. Using an infrared camera mounted in the airplane’s nose, the EVS II projects real-time images of the aircraft’s surroundings on a multifunction display.
Duncan Aviation recently delivered its first Learjet 45 with Waas LPV certification by installing dual UNS-1Ew FMS units. The STC covers the Learjet 40 and 45 series. Duncan plans to offer the same Universal approval with LPV certification for the Astra SPX/Gulfstream G100 and is working with Honeywell on its upcoming dual NZ-2000 FMS with Waas LPV certification for the Falcon 900.
Duncan Aviation (Booth No. 227) is back at the EBACE show looking to add to its base of foreign customers who already account for about 15 percent of the U.S. group’s business. “The services we provide include large multi-shop work scopes where we are able to offer very efficient turn times, as well as more specific accessory and engine repair work or parts sales,” Duncan president Aaron Hilkemann told EBACE Convention News.
Gulfstream Aerospace recently completed its 2,000th airborne product support flight, achieving the milestone seven years after introducing the on-demand maintenance service in May 2002.
Bucking the current economic tide, Gulfstream Aerospace and Jet Aviation parent company General Dynamics yesterday posted strong revenues and profits for 2008, thanks in no small part to its aerospace division. Overall the company posted $29.3 billion in revenues and $2.48 billion in profits last year, up from $27.2 billion and $2.1 billion in the respective previous periods.
The UK Civil Aviation Authority (CAA) has approved Gulfstream’s London Luton Service Center to perform maintenance on EASA-registered Gulfstream G150s.
The amended certificate means the maintenance facility can now provide comprehensive service for the Gulfstream G550, G500, G450, G350, G200, G150, G400 and G300 as well as the GV, GIV-SP, GIV, GIII and GII.
UBS Investment Research’s recently issued business jet update indicates that flight activity, measured by takeoffs and landings, was 10 percent lower in November on a rolling 12-month basis and down 11 percent year-to-date. According to UBS analyst David Strauss, the decline has been led by reduced charter activity, which dipped 15 percent in November, while all other business jet activity fell 9 percent.
Gulfstream Aerospace recently launched BudgetPlus, a parts subscription service that offers mid-cabin Gulfstream owners and operators a way to manage their annual maintenance costs. The launch formalizes a pilot program Gulfstream introduced in 2005.
Metrojet has added the G100/G150 to its capabilities list as a Gulfstream-authorized warranty repair facility.