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.
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.
Dallas Aeronautical Services, located 20 miles south of Dallas Love Field, is a highly specialized maintenance, repair and overhaul facility focused on a niche market. According to Mike Manning, the company’s vice president, DAS specializes in component repair.
“We do a significant amount of spares and rotables work for OEMs; however, we also work with both maintenance providers and owner/operators. Our specialization is working with clients who need a high quality but fast solution to their component repair requirements,” he told AIN.
International Water-Guard Industries (IWG) announced earlier this week that its agreement with Gulfstream Aerospace to provide water treatment units for the G450 and G550 has been renewed. The Canadian water systems specialist, based in Burnaby, B.C., has been providing water treatment units to Gulfstream for more than 20 years. The unit, manufactured by IWG Technologies, is standard on the G650.
Operations at London Stansted Airport were disrupted for several hours on Tuesday after a Gulfstream G550 caused some damage to the ILS while landing. The aircraft touched down safely, and the UK’s Air Accidents Investigation Branch is looking into the incident. Arriving flights were delayed for a few hours until fog lifted later in the morning.
Just outside Phoenix, Arizona, Lockheed Martin’s Goodyear facility is a key provider of ISR capabilities. The facility was first developed by Goodyear Aerospace, a subsidiary of the tire company that had developed farms in the area to provide cotton for the belts in its tires. The company built Corsair fighters in World War II, and airships.
California-based Clay Lacy Aviation is seeing the highest growth in its managed aircraft fleet in the company’s history. Over the past six months 15 business jets ranging from a Gulfstream G550 to a Learjet 45XR have joined its corporate charter fleet, which now numbers 75 aircraft.
Drake Group, an engineering services provider, recently received STC approval for deploying parachutists and cargo under parachute from a Gulfstream GV/G550. In addition to single and tandem sport parachuting, the STC allows the delivery of emergency medical supplies, survival equipment and specialized critical replacement components by static line at great distances from the aircraft departure point. The STC, a multiple certificate applicable to any GV or G550, requires no changes to the aircraft and consists of copyrighted AFM supplements.
Gulfstream Aerospace’s deliveries of completed aircraft more than doubled to 38 (32 large-cabin and six midsize jets) in the third quarter versus 17 large-cabin jets in the same period a year ago, parent company General Dynamics said during its quarterly investor conference call yesterday morning. In the first nine months, Gulfstream (Booth No. N3932) has shipped 103 outfitted airplanes (87 large cabin, 16 midsize), a nearly 81-percent rise from the 57 aircraft (52 large cabin, five midsize) handed over to customers in the same period last year.
The Gulfstream Elite interior concept that made its debut in the G650 and found its second application in the G450, has now arrived–literally–here in Las Vegas, in a G550. It is on display, inside N550GA, at Henderson Executive Airport during NBAA 2013. To date, Gulfstream has delivered some 30 Elite cabins.