China Demand Cools but Russia Hot, Says Gulfstream | Aviation International News

China Demand Cools but Russia Hot, Says Gulfstream

Gulfstream Aerospace president Larry Flynn indicated that business aviation market growth in Russia could now be outstripping that seen in China.

By Vladimir Karnozov

September 28, 2012

Cooling demand from the recently buoyant Chinese market for business jets is set to result in weaker overall sales for 2012, Gulfstream Aerospace president Larry Flynn said this week at Jet Expo in Moscow. The U.S. manufacturer has seen a dip in new orders from China this year in a reversal of last year’s market conditions in which Flynn said, “Overheated orders from China drove our 2011 sales well ahead of plan.”

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