AVJET CORPORATION MARKET TRENDS >
GOOD THIRD QUARTER FOR GULFSTREAM
October 28, 2011
Reporting third-quarter earnings yesterday, General Dynamics chairman and CEO Jay Johnson noted that Gulfstream Aerospace experienced “continued emerging market customer interest and improved aircraft service volume” in the quarter. Gulfstream’s sales in the period were $1.4 billion, the result of an increase in the delivery of new "green" aircraft and completed aircraft. Increased market demand arising from buyers in China helped to build demand. Chinese and other emerging markets in Asia continue to represent good opportunities for owners looking to sell their aircraft. Avjet's leadership in the Asia-Pacific market means that those who list their aircraft with us can benefit from our knowledge of the market and our many well-established relationships in the aviation communities in those countries. Gulfstream also noted that it anticipates provisional certification of the G650 “in the next several weeks” and plans to deliver 10 to 12 green aircraft before year-end, with entry into service of outfitted G650s beginning in the second quarter. Avjet is uniquely positioned to provide expert guidance to clients interested in learning more about purchasing or leasing the G650, and we are already involved in helping many of our clients navigate that process. For more information on our Gulfstream aircraft sales and acquisition services, or our expertise in other large cabin jet aircraft, contact an Avjet representative at sales@avjet.com.
About Avjet
Avjet Corporation is an international provider of aircraft charter and management solutions. Specializing in large-cabin, VIP aircraft, the company also offers expert assistance in aircraft sales and acquisitions. Avjet’s clients maximize the many benefits of private aviation, while reducing the cost and complexity of aircraft ownership. Avjet holds the highest safety ratings by the world’s leading auditing services.
The company is headquartered in Burbank, California, and maintains a global presence in Washington D.C., Seoul, Dubai, Abu Dhabi, Moscow and other locations around the globe.
To learn more about the company, visit www.avjet.com.
