Gulfstream Aerospace Deliveries Climb 54% as G700 Provides Lift | Aviation International News

Gulfstream Deliveries Climb 54% as G700 Provides Lift

Large-cabin deliveries zoomed by 72% while super-midsize shipments remained flat

Gulfstream G700 at EBACE 2023 — Gulfstream G700 © David McIntosh/AIN

By Chad Trautvetter • Online Editor

July 24, 2024

Second-quarter aircraft deliveries soared by 54% year over year (YOY) at Gulfstream Aerospace, to 37 aircraft (six super-midsize G280s and 31 large-cabin jets). While G280 handovers were flat from a year ago, the large-cabin jet shipments climbed by 72%, mostly driven by 11 deliveries of the recently certified G700. First-half deliveries rose nearly 36% YOY, to 61 jets (nine G280s and 52 large cabins), putting it on pace to reach parent company General Dynamics’ forecast of about 150 this year.

According to General Dynamics chairman and CEO Phebe Novakovic, 15 G700 deliveries were planned in the quarter, but four slipped into July—two related to cabin STC approvals. One is now in the hands of the customer, while the other three handovers are “imminent.” She reconfirmed that Gulfstream will deliver 50 to 52 G700s this year, with 16 more planned by October and 23 to 25 in the fourth quarter.

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