Backlog Up at Gulfstream Despite $1.2B Frax Order Loss | Aviation International News

Backlog Up at Gulfstream Despite $1.2B Frax Order Loss

A “backlog clean-up” during the second quarter resulted in Gulfstream purging its backlog by $1.2 billion, but funded orders still rose 38.9 percent YOY.

A “backlog clean-up” during the second quarter resulted in Gulfstream purging its backlog by $1.2 billion, but funded orders still rose 38.9 percent year-over-year. (Photo: Gulfstream)

By Chad Trautvetter • Online Editor

July 27, 2022

A “backlog clean-up” during the second quarter resulted in Gulfstream purging its backlog by $300 million in firm orders and $900 million in options from “fractional aircraft operators,” parent company General Dynamics revealed today during its quarterly investor call. Flexjet, the only known fractional customer for Gulfstreams, declined comment to AIN.

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