Gulfstream Aerospace parent General Dynamics today finalized its purchase of Zurich, Switzerland-based Jet Aviation for approximately $2.18 billion, significantly expanding the General Dynamics aftermarket service footprint around the world. The move not only increases General Dynamics’s maintenance and completions/refurb capability worldwide but also adds 15 FBOs to its portfolio, including five in the U.S. At Gulfstream’s Savannah, Ga.
The second phase of a new Savannah Service Center for Gulfstream Aerospace is under way and slated to enter service by next year’s third quarter. According to Gulfstream, it will be the largest maintenance facility in the world built specifically for business jets.
Despite what parent company General Dynamics chairman and CEO Nicholas Chabraja termed a “tumultuous period in the markets and dislocation in the financial services sector,” Gulfstream Aerospace “had a terrific [third] quarter.” Aircraft sales in the quarter climbed 4.3 percent as a result of orders for large-cabin Gulfstreams and the new larger-cabin G650, though Chabraja noted there was a “soft spot” in sales of the midsize G150 and, to some
Gulfstream Aerospace at the NBAA Convention last month took the wraps off the G250, a successor to the G200 (née Galaxy), marking the second new aircraft launch this year for the Savannah, Ga.-based manufacturer. The $24 million derivative is expected to address several shortcomings of Gulfstream’s super-midsize business jet offering, including runway performance, range and the lack of a hot-wing de-icing system.
Despite what General Dynamics chairman and CEO Nicholas Chabraja termed a “tumultuous period in the markets and dislocation in the financial services sector,” its Gulfstream Aerospace division “had a terrific quarter.” Thanks in part to higher sales and deliveries of business jets at Gulfstream, General Dynamics yesterday reported third-quarter profits of $634 million, an increase from the $544 million posted in the same period last year, on r
Morro Vermelho Taxi Aereo (MVTA) in São Paulo, Brazil, has been added to Gulfstream Aerospace’s international product-support network. The Brazil-based company will distribute aircraft parts to Gulfstream operators located in or traveling through South America.
Gulfstream Aerospace (Booth No. 275) yesterday morning unveiled the G250 to succeed the G200, which entered service in 2000 as the Galaxy super-midsize business jet. This marks the second new aircraft launch this year for the Savannah, Ga. manufacturer following the official go-ahead for the large-cabin G650 in March. The company began accepting orders here at NBAA for the roughly $24 million (complete) airplane.
Gulfstream Aerospace yesterday said its midsize G150 received type certificate validation from Transport Canada, allowing operators of the twinjet to register their aircraft in Canada.
Gulfstream Aerospace this morning unveiled the G250 to succeed the G200 (née Galaxy), which was the first super-midsize business jet to enter service–back in January 2000. This marks the second new aircraft launch this year for the Savannah, Ga.-based manufacturer, following the official go-ahead for the ultra-large-cabin G650 in March.
Gulfstream Aerospace is demonstrating its second-generation enhanced-vision system (EVS II) on its G150 experimental flight-test aircraft here at the NBAA Convention.