If you’re looking to buy: Anglo American CEO selling the $50 million Gulfstream G550 corporate jet

Posted on February 11th, 2019

The chief executive of Anglo American PLC (AAL.LN) has put the firm’s $50 million corporate jet up for sale in a bid to cut costs at the mining firm, The Sunday Times reports. Mark Cutifani, who took the helm at Anglo American in April, will sell the company’s Gulfstream G550 jet that the company bought in…

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Gulfstream revenues soared in 2012

Posted on January 26th, 2019

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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