Stephanie Snyder, vice president of marketing and communications at Gulfstream Aerospace, resigned unexpectedly last month. She had been with the Savannah, Ga. manufacturer for more than six years. Snyder also served as an executive assistant to former Gulfstream president Bill Boisture, who left the company abruptly in April, to be replaced by then vice chairman Bryan Moss (AIN, May, page 1).
Gulfstream Aerospace parent General Dynamics yesterday reported a 25-percent increase in profits during the second quarter, thanks in large part to climbing sales of Gulfstream business jets. The company posted a second-quarter profit of $641 million, up from $513 million in the same period a year ago, on sales of $7.3 billion.
In a project that adds more than 45,000 sq ft to its Love Field facility, General Dynamics Aviation Services is expanding its Dallas Service Center by leasing a hangar from Signature Flight Support. Terms of the agreement were not disclosed.
Just over a year after completing its biggest acquisition to date, Meggitt group has, according to chief executive Terry Twigger, made significant strides in its ongoing goal of achieving meaningful synergies between a diverse product range spread among its three core divisions: sensing systems, aerospace equipment and defense systems.
The 200th Gulfstream G200 rolled out June 4 at Israel Aerospace Industries’ (IAI) manufacturing plant at Ben Gurion International Airport in Tel Aviv. “This is a historic moment for Gulfstream and IAI,” said Gulfstream Aerospace president Joe Lombardo.
Executive Jet Management, a NetJets company (part of Warren Buffett’s Berkshire Hathaway empire), celebrated another milestone at NBAA 2002 by announcing the addition of the 100th aircraft, a Gulfstream IV-SP owned by Charles Cohen of Design Professionals. EJM president and CEO Albert Pod emphasized, however, that this isn’t the end of its charter fleet expansion–by a long shot.
Gulfstream Aerospace is developing a derivative midsize business jet based on the former Astra SPX and–in a Herculean effort to transform its product line in the minds of customers, suppliers and company personnel alike–is revising the nomenclature, options and mission profiles of its current business jet offerings, the company revealed at the Marriott World Center Hotel on Sunday night and further elaborated at an NBAA Convention press confe
Gulfstream Aerospace announced that its Gulfstream IV-SP has achieved a 99.6-percent dispatch reliability rate over the past year, while the GV dispatch rate is now exceeding 99 percent. The fleet of GIVs, GIV-SPs and GVs comprises some 551 in-service aircraft, and the GIV fleet alone recently passed a cumulative total of 1.5-million in-flight hours and exceeded a fleet total of 770,000 landings.
Gulfstream Aerospace has announced it is extending the same benefits package to previously owned Gulfstream 100 and Gulfstream 200 jets that it has traditionally offered on the sale of other previously owned Gulfstream business jets. Gulfstream Aerospace acquired the type certificates for the G100 and G200–midsize and super-midsize bizjets, respectively–in the June acquisition of Galaxy Aerospace by parent company General Dynamics.
Wing Aviation recently began construction of a 54,000-sq-ft facility to house its new Gulfstream maintenance center at the Montgomery County Airport in Conroe, Texas, located approximately 45 mi north of Houston. The new facility is scheduled to open in April 2002.