Gulfstream Execs See Steady Market | Aviation International News

Gulfstream Execs See Steady Market

Deliveries will remain flat, but North America and Europe has improved for manufacturer, incoming president Mark Burns said.

By Kerry Lynch • Editor, AIN monthly magazine

May 21, 2015

While deliveries dipped slightly in the first quarter, Gulfstream executives say they are not seeing an appreciable difference in the market. Gulfstream’s large cabin deliveries were down by two in the first quarter and down by four to 117 in 2014. “Some deals are taking a little longer to get done,” said Mark Burns, who is set to succeed Larry Flynn as president of Gulfstream on July 1, “but it was still a very good quarter.”

The company has expected deliveries to remain relatively flat for this year. The strength of the North American market has helped offset the slower regions such as Russia. The European market, meanwhile, also has improved, said Burns, speaking to reporters on “Breakfast over the Alps” flight.

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