Aircraft
Gulfstream Expects Dominance In Asia To Continue

The number of Gulfstream jets in the Asia Pacific region has more than tripled in the last six years, according to the Savannah, Georgia-based airframer. At its press conference here at ABACE on Monday, Larry Flynn, president of Gulfstream, noted that the number of the company’s large-cabin twinjets in the region has risen from 50 to 169 since 2007. Overall, the manufacturer, which claims 63 percent of the large-cabin market and 65 percent of the super-midsize market, has 208 aircraft based in the area, including 61 in mainland China and 45 in Hong Kong. At the end of 2012, 23 percent of Gulfstream’s $15.7 billion backlog was destined for the region.

“Asia, particularly China, remains our leading export market,” Flynn said. “As investors and businesses look around the globe for opportunities, the need for long-range, rapid transportation increases. The capabilities of our aircraft easily allow Chinese operators to reach markets in North America, Europe, the Middle East and beyond.”

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