Gulfstream revenues soared in 2012

Incomes at General Dynamics’ aerospace division, that includes Gulfstream Aerospace and Jet Aviation, shot up to $ 6.91 billion last year, up even more than $ 900 million from 2011, thanks in big part to Gulfstream. Profits at the division climbed by $ 129 million to $ 858 million. Throughout an investor teleconference yesterday, General…

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J.P.Morgan Reports Business Jet Market Still Sluggish in Q2 2013

Second-quarter 2013 earnings are likely to bring few signs of recovery for the business jet market, according to the July Business Jet Monthly report from analyst J.P.Morgan, which highlighted several manufacturers. The report predicts that demand for smaller Cessna Citations will remain depressed but “we will look for more color on the Sovereign and XLS,…

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Gulfstream enjoys seven-fold growth in Russia and CIS countries

Over the past 6 years, Gulfstream Aerospace has garnered a seven-fold growth in the Russia and CIS market, with the number of its aircraft based in the region rising from 11 in 2007 to 76 as of the end of June this year. According to Trevor Esling, the US producer’s senior vice president for global sales,…

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Save On Your Next Private Jet With JetOptions’ European Empty Legs

When a private jet lands but there are no passengers scheduled for another trip we can sometimes offer an Empty Leg or a Dead Head. If the aircraft has to get back to base or pick up passengers elsewhere, we can offer a specific charter at a discounted price. This means that the origin, destination…

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Business aviation tweets from Cessna, Beechcraft, NYTimes May 27th

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Reports Swirl Around Gulfstream G450 Replacement

Credible sources in the aerospace community are reporting that Gulfstream Aerospace plans to replace the G450, with an official announcement from Gulfstream expected in the second half of 2014—and perhaps as early as this week. Without confirming or denying the reports, a Gulfstream official described the information as “speculation,” adding that “Gulfstream has a robust…

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Embraer Legacy 450 and 500 to be assembled in Florida, Gulfstream and Embraer Tie for Best Business Jet Product Support

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