Gulfstream Aerospace on August 12 received FAA type certification for its new long-range G450. With this certification, Gulfstream remains on schedule to begin customer deliveries of completed G450s in the second quarter of next year.
Gulfstream Aerospace has received an STC that permits installation of the Savannah-based company’s new Broadband Multi-Link data transfer system in its G350 and G450. The first installation is being done on a G450 that was scheduled for delivery last month.
The STC came just a month after the company received an STC for the installation of Gulfstream’s Broad Band Multi-Link in the G500 and G550.
Two years ago at this time, Jim Renfro, president and owner of Highlands Aviation at Avon Park, Fla., said he was spending most of his time on the road, “drumming up business and hanging on.” Last July, he allowed that things were looking better and his small independent shop was booked through the summer. As it turned out, last year was “the best year we’ve ever had,” and as of June this year, the company was booked well into the fall.
Gulfstream parent General Dynamics’ second-quarter revenues totaled $5.2 billion, a 12-percent year-over-year gain propelled mostly by a 33-percent increase in earnings at the Savannah, Ga. aircraft manufacturer. The OEM delivered 22 completed aircraft–14 large-cabin and eight midsize jets–in the second quarter versus 18 (15 large, three midsize) in the same period last year.
Deliveries of new turbine business airplanes–particularly from Bombardier, Cessna, Gulfstream and Raytheon–in the first half of this year shot up more than 31 percent compared with the same period last year, according to the second-quarter shipment report from the General Aviation Manufacturers Association (GAMA) released recently.
On August 11 European private equity group Permira said it would buy a majority stake in Zurich, Switzerland-based aviation services company Jet Aviation for an undisclosed amount. With a formal closing expected later this month, the sale will end the uncertainty about the fate of the Hirschmann-family-controlled enterprise, which was informally “in play” since it was first put up for sale in early 2002.
Gulfstream Aerospace has selected the Honeywell Ovation C series cabin management system for its new G150.
A 27-percent increase in orders to 121 aircraft last year, compared with orders for 95 aircraft in 2004, and a further expected increase in sales is prompting Gulfstream to increase production. The Savannah, Ga.-based OEM expects to deliver a record 111 business jets this year and 127 next year. Gulfstream delivered 78 green aircraft in 2004 versus 89 last year, the most deliveries since the record 101 in 2001.
AIN’s annual product support report (scheduled this year for the August issue) can usually be counted on to generate an article or two downstream about how the low-ranking players say they are going about improving the way they take care of their customers after the sale.
Gulfstream Aerospace president Bryan Moss has announced plans for a $300 million, seven-year expansion of the company’s manufacturing and service facilities in Savannah, Ga. The facility’s square footage will increase approximately 70 percent by 2012, resulting in an increase of about 1,100 jobs, a 25-percent jump from the current employment level of 4,300 people.