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☆ Gulfstream Aerospace exec discusses Gulfstream G700 jet
  + stars: | 2024-02-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGulfstream G700 has 'longest range at the fastest speeds' of any business jet: Gulfstream AerospaceScott Neal, senior vice president of worldwide sales at Gulfstream Aerospace, discusses the records that the aircraft has set and the company's business outlook.
Persons: Gulfstream Aerospace Scott Neal Organizations: Gulfstream, Gulfstream Aerospace
☆ Gulfstream Aerospace weighs G550 replacement for special missions
  + stars: | 2022-10-17 | by ( ) www.reuters.com   time to read: +1 min
ORLANDO, Fla., Oct 17 (Reuters) - General Dynamics Corp's (GD.N) Gulfstream Aerospace is weighing one of its business jets to replace its popular G550 aircraft which is now out of production for special mission purposes, President Mark Burns said on Monday. Governments are eying "special mission" business jets capable of looking or listening at potentially lower running costs than converted passenger or military planes. The rising demand for small jets with systems once reserved for bigger planes has energised a market led by Gulfstream, which faces challenges from rivals Bombardier (BBDb.TO) and France's Dassault Aviation SA (AM.PA). In September, Canada's Bombardier Inc (BBDb.TO) said the company's defense business involving special mission private jets could grow to a possible $1 billion in annual revenues from a 'fraction' of it right now. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Allison Lampert in Orlando, Fla.
☆ Private jet makers tout emission-fighting efforts, backlogs at air show
  + stars: | 2022-10-17 | by ( Allison Lampert | ) www.reuters.com   time to read: +5 min
It will also test the strength of business jet demand, which surged during COVID-19 and swelled order backlogs, but could now face a softer economy. Honeywell International Inc (HON.O) has forecast up to 8,500 new business jet deliveries worth $274 billion from 2023 to 2032, up 15% from last year's outlook. BUSY QUARTERU.S. business jet traffic recovered faster in 2021 than commercial flight traffic, soaring above 2019 levels. Independent aviation analyst Brian Foley expects private jet usage in the United States to go down to more traditional levels this fall. Despite being a sellers' market, aviation attorney Stewart Lapayowker sees some early signs of softness.
☆ Private jet makers tout emissions-fighting efforts, backlogs at air show
  + stars: | 2022-10-17 | by ( Allison Lampert | ) www.reuters.com   time to read: +4 min
It will also test the strength of business jet demand, which surged during COVID-19 and swelled order backlogs, but could now face a softer economy. BUSY QUARTERU.S. business jet traffic recovered faster in 2021 than commercial flight traffic, soaring above 2019 levels. Independent aviation analyst Brian Foley expects private jet usage in the United States to go down to more traditional levels this fall. Despite being a sellers' market, aviation attorney Stewart Lapayowker sees some early signs of softness. Some buyers in real estate and construction, sectors hit by rising rates, are reconsidering their orders, said Lapayowker, who leads Lapayowker Jet Counsel in Florida.
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