Aircraft
Gulfstream Won't 'Relinquish' Top-of-market Position
Mark Burns, president and CEO of Gulfstream Aerospace, said his company won't allow the new Global 7500 bizjet to overtake its top-of-the-market position.

“Gulfstream has no intention to relinquish control of the market we created with the G650/G650ER,” Gulfstream president and CEO Mark Burns said Wednesday at the Corporate Jet Investor Miami conference in reference to the Bombardier Global 7500’s imminent service entry. While he implied that Gulfstream Aerospace will respond with a new top-of-the-market aircraft, he declined to elaborate further at this time.