Gulfstream Deliveries Drop Off During 'Production Transition' | Aviation International News

Gulfstream Deliveries Drop Off During 'Production Transition'

However, the company said order intake at Gulfstream was “the strongest third quarter since 2011.”

By Chad Trautvetter • Online Editor

October 26, 2016

Third-quarter deliveries of completed business jets at Gulfstream plunged 37.2 percent as the company works through a “planned production transition” from the legacy G450 and G550 to the new, fly-by-wire G500 and G600, Phebe Novakovic, chairman and chief executive officer at parent company General Dynamics, said this morning during an investor conference call. However, she said order intake at Gulfstream was “the strongest third quarter since 2011,” adding that she is optimistic that this sales momentum will continue in the current quarter.

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