General Dynamics’s aerospace division, which includes Gulfstream Aerospace and Jet Aviation, had “a powerful quarter, with the highest revenue, operating earnings [and] operating margins reported in the last six quarters,” according to chairman and CEO Phebe Novakovic. Aerospace revenues for the first half climbed $616 million or 19.2 percent, with operating earnings up $171 million (32.4 percent), she said, “a clear manifestation of Jet Aviation’s return to profitability and the performance improvement at Gulfstream.”
Aviation authorities in China and Canada have completed type certification for Gulfstream’s new G280. The U.S. manufacturer confirmed the approvals late last week and the new super-midsize model now meets all airworthiness and environmental requirements in the two countries. The steps clear the way for customers to place G280s on the national registers of China or Canada for the first time. The aircraft has previously been certified in the U.S. and Israel, as well as having been approved by the European Aviation Safety Agency. It entered service on November 13 last year.
Gulfstream Aerospace has opened a sales and design center in Dallas. The 9,300-sq-ft facility allows customers to see and evaluate potential paint schemes, cabin layouts and interior cabin selections. At the heart of the offerings is a software design program.
Gulfstream has made shopping for its aircraft more convenient for European, Middle Eastern and African customers with the opening of a London sales and design center. Located in the heart of the city, in upper-crust Mayfair, the 5,500-sq-ft center provides easier access for international customers, who no longer have to journey to the U.S. to view their cabin interior choices.
APP Jet Center has broken ground on a new 20,000-sq-ft heated hangar at its Manassas Regional Airport facility near Washington, D.C. When completed in January, the FBO’s sixth hangar will be able to accommodate business aircraft up to the size of a Gulfstream G650. The addition will bring the total aircraft storage space at the facility to 150,000 sq ft. APP’s existing hangar space at Manassas is fully occupied, and the company said it continues to receive inquiries from operators based at Dulles seeking to relocate there.
Grossmann Jet Service, a Prague-based aircraft management and charter group, has contracted with Jet Aviation Basel to perform the 96-month inspection on a Legacy 600. It will be the MRO’s first inspection of this magnitude on the type.
The FAA issued a final rule today that prohibits jets with an mtow of 75,000 pounds or less from operating in the contiguous U.S. after Dec. 31, 2015, unless they meet Stage 3 noise levels. To take effect on September 3, the rule could affect up to 599 civil jets, though any of these aircraft that are hushkitted or otherwise modified to meet Stage 3 standards will be permitted to operate in the U.S. in 2016 and beyond.
Gulfstream (Chalet A144) is claiming three new city-pair records for the G650 demonstrator flown to the Paris Air Show, and three records for the super-midsize G280 that is also on Gulfstream’s static display (Static N). These record flights await official confirmation by the National Aeronautic Association (NAA). The company also announced that it has opened a new sales and design center in London.
Phebe Novakovic, CEO of Gulfstream parent company General Dynamics, says that Gulfstream has remedied the production/completion “disequilibrium” (her word at the time) that slowed initial deliveries of the G650. Speaking this morning at the Deutsche Bank Global Industrials and Basic Materials Conference in Chicago, she said approximately 30 copies of the airframer’s new flagship had to undergo retrofits in the completions process to comply with FAA certification requirements.
Gulfstream Aerospace has entered into an exclusive parts consignment agreement with Air Works India Engineering. Under the terms of the agreement Air Works arranges for parts warehousing, customs clearance and delivery to customers while Gulfstream positions frequently needed aircraft replacement parts at Air Works’ warehouse in Bengaluru, India. Gulfstream began stocking parts at Air Works’ warehouse adjacent to Bengaluru International Airport in April. The approximate parts value is expected to reach $15 million by year-end.