Gulfstream Won't 'Relinquish' Top-of-market Position
Mark Burns, president and CEO of Gulfstream Aerospace, said his company won't allow the new Global 7500 bizjet to overtake its top-of-the-market position.

ā€œGulfstream has no intention to relinquish control of the market we created with the G650/G650ER,ā€ Gulfstream president and CEO Mark Burns said Wednesday at the Corporate Jet Investor Miami conference in reference to the Bombardier Global 7500ā€™s imminent service entry. While he implied that Gulfstream Aerospace will respond with a new top-of-the-market aircraft, he declined to elaborate further at this time.


Asked about Gulfstreamā€™s interest in developing a supersonic business jet, he pointed out several technological and regulatory issues that continue to be barriers. Burns responded more generically to a question on whether Gulfstream is entertaining a vertical takeoff and landing/urban aircraft, saying the company ā€œcontinues to look at many things.ā€


Meanwhile, he addressed future workforce issues, highlighting Gulfstreamā€™s active fronts on promoting STEM education in elementary through high schools; its Starbase program, which offers week-long STEM camps for fifth-grade students; job shadow days; youth apprentice programs; and promotion of the industry in general. On the latter, he concluded, ā€œBusiness aviation has created the global commerce we see today. You canā€™t rely on an airline flight to get you to Accra [Ghana].ā€