Gulfstream G550

April 15, 2014 - 10:45am

Switzerland-based Jet Aviation Management (Booth P326) announced here at ABACE 2014 in Shanghai that it is adding two Gulfstream G450s and a new Gulfstream G550 to its managed fleet in Asia, bringing to 30 the number of aircraft it operates in the region.

The G550 and one of the G450s will be based in Hong Kong and maintained by the company’s Hong Kong maintenance facility, a Gulfstream Authorized Warranty Service Center for G450/G550/G650 aircraft. Delivery of the aircraft is expected by the end of next month.

April 15, 2014 - 10:32am

Minsheng Financial Leasing (MSFL), Asia’s largest business jet leasing firm, announced nearly $3 billion in orders with Gulfstream and Bombardier today at ABACE 2014 in Shanghai. It placed the orders from both OEMs in the fourth quarter.

April 15, 2014 - 10:20am

Minsheng Financial Leasing Co. (MSFL), Asia’s largest business jet leasing firm, is climbing steeply to increase the size of it inventory even more. On perhaps one of the clearest days in ABACE memory, Minsheng confirmed yesterday that it had placed orders with both Gulfstream and Bombardier in the fourth quarter of last year.

April 11, 2014 - 12:15pm
Gulfstream

Gulfstream Aerospace’s substantial investment in establishing China’s first factory-owned service center for business aircraft appears to be paying off as the U.S. airframer prepares to add support capability for its latest G650 and G280 models later this year.

April 1, 2014 - 1:52pm

Gulfstream Aerospace recently delivered the 300th outfitted G450, a milestone that comes nearly nine years after the twinjet entered service in May 2005. “The delivery…is a proud moment for Gulfstream because it demonstrates the reliability, performance and comfort the aircraft provides and reflects continuing interest from customers,” said Scott Neal, Gulfstream senior vice president of worldwide sales and marketing. “The G450 remains the market leader in its class.

February 26, 2014 - 12:26pm

Gulfstream has a fleet of over 100 business aircraft owned and operated in the Arabian Gulf region, with both Saudi Arabia and the United Arab Emirates (UAE) representing strong customer basses in the large-cabin market.

February 12, 2014 - 11:35pm

The paint shop by Hawker Pacific at Singapore Seletar Airport has seen brisk business in its first year of operation, and the company is anticipating demand continuing to grow during the this year. Built inside an aircraft hangar with a floor area of nearly 11,000 sq ft, the facility is the only paint shop in the region dedicated to business aircraft. It can handle the larger business jets such as Bombardier Global Express, Dassault Falcon 7X and Gulfstream G550. Among the tasks already undertaken are OEM warranty repairs, livery changes and full resprays.

February 11, 2014 - 10:46pm
Gulfstream has enjoyed a surge of sales in the region over the 2008-2014 time period.

Gulfstream Aerospace is here with its entire line of business jets, hoping to keep its Asia Pacific fleet growing after a spectacular surge over the 2008-2014 period. On the static display, airshow visitors can see the G150, G280, G450, G550 and G650 models, with the super-midsize G280 and the ultra long-range G650 being debutants at the Singapore Airshow. The airframer is continuing to invest in its sales force and product support offering in the region, Roger Sperry, senior regional v-p international sales told AIN.

February 4, 2014 - 3:10am

The worldwide supply of used aircraft is revisiting a level not seen in more than five years, despite a growing business jet population that saw nearly 4,000 enter service during that period. The U.S. claimed nearly half of those new aircraft deliveries, followed by Europe and Asia, South America and Africa and Australia. One might speculate that if a buyer is purchasing a business jet in a down economy there must be an excellent reason for the investment, and perhaps this is why only 200 of those delivered during this period have made their way onto the used market.

January 23, 2014 - 3:20pm
Gulfstream Aerospace had a banner year in 2013. According to full-year results from parent company General Dynamics, the aerospace division, which includes Gulfstream and Jet Aviation, saw revenues climb 17.4 percent year-over-year to $8.118 billion, while profits soared 65 percent to $1.416 billion.  Gulfstream delivered 144 completed jets (121 large-cabin and 23 midsize jets) last year versus 94 (83 large-cabin and 11 midsize) in 2012. Meanwhile, backlog was boosted in the fourth quarter mainly by rising

Gulfstream Aerospace “is the primary growth engine for both earnings and revenue” at General Dynamics, parent company chairman and CEO Phebe Novakovic said yesterday during a fourth-quarter investor call. The company’s aerospace unit, which includes Gulfstream and Jet Aviation, had a “very good year” in 2013, she added.

 
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