Gulfstream Deliveries Lag, but Sales and Service Shine | Aviation International News

Gulfstream Deliveries Lag, but Sales and Service Shine

Revenues and earnings at General Dynamics’ aerospace unit climbed in the first quarter as higher service income more than offset fewer aircraft deliveries.

While General Dynamics’ aerospace unit reports a decrease in aircraft deliveries in the first quarter of this year, higher service income at both Gulfstream and Jet Aviation made up for the aircraft delivery shortfall resulting in a 10.8 percent increase in revenue for the company. (Photo: Gulfstream)

By Chad Trautvetter • Online Editor

April 27, 2022

Revenues and earnings at General Dynamics’ aerospace unit, composed of Gulfstream Aerospace and Jet Aviation, climbed in the first quarter as higher service income more than offset fewer aircraft deliveries. Aerospace revenues in the quarter eked out a 0.8 percent year-over-year increase, to $1.9 billion, while earnings soared 10.8 percent, to $243 million.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

ACJ: Strong Large-aircraft Market Growth Ahead in Asia

Research finds most financiers and brokers in Asia see market demand increasing

Airbus Corporate Jets ACJTwoTwenty

Britten-Norman Targets Eight New-build Islanders Annually

UK production expansion follows inaugural flight of latest Bembridge-built unit

Britten-Norman Islander

Bizjet Market Value To Reach $60B per Year in Next Decade

Market estimated to grow from $27 billion in 2025 to more than $60.5 billion

Phenom 100

Atlas Will Build Electra’s EL9 Hybrid-electric Prototypes

Wichita-based aerospace manufacturing group has partnered with the U.S. start-up

Electra EL9 aircraft

Honda Aircraft Finishes Echelon Wing, Delays 1st Flight

Final assembly of the first jet will take place early next year

Honda Aircraft team and the Echelon wing

Cape Air To Add Eight Caravans for Montana Service

Will introduce aircraft in 2027 to the Montana network

Textron Aviation Cessna Grand Caravan EX

The 25th Anniversary of 9/11: How it Changed Airbus and Boeing

The fall-out from the terror attacks was to have short- and long-term consequences

Boeing Sonic Cruiser

Will Embraer Go Big by Developing a Large Narrowbody Jet?

Industry experts privately debate whether the Brazilian airframer can take the risk

Embraer E195-E2 aircraft