by Chad Trautvetter Pre-owned Gulfstream G650/650ER inventory has been nearly halved from its peak of 21 aircraft a year ago. Over the past two quarters, supply has decreased to 12 aircraft for sale, representing just 5.4 percent of the fleet. (Photo: Gulfstream Aerospace) The inventory of pre-owned Gulfstream G650s/650ERs has been steadily decreasing since supply … Continued

AINonline by Kerry Lynch   Business aviation brokerage and Gulfstream aircraft specialist Hagerty Jet Group agrees that the G650 market must be closely watched as inventory has sharply risen and prices softened. Deutsche Bank analyst Myles Walton recently downgraded the stock of Gulfstream parent General Dynamics, citing concerns about the effect of rising pre-owned G650 … Continued

AINONLINE by Chad Trautvetter – April 27, 2016, 11:17 AM Revenues and earnings at General Dynamics’ aerospace division slid in the first-quarter as Gulfstream deliveries fell nearly 16 percent year-over-year, the company announced today. The segment, which also includes aircraft MRO and completions firm Jet Aviation, posted revenues of $1.987 billion in the quarter, down $121 … Continued

by Kerry Lynch, August 12, 2015 http://www.ainonline.com/aviation-news/business-aviation/2015-08-12/bizav-monthly-usage-rates-continue-rebound Business aviation flight hours have returned to about 83 percent of the 2008 peak levels, Jet Support Services, Inc. (JSSI) estimates. The maintenance support company, which tracks global flight hours by industry segment and aircraft, estimates that monthly usage reached about 27.75 hours per aircraft in the second … Continued

by Chad Trautvetter, August 12, 2015 http://www.ainonline.com/aviation-news/business-aviation/2015-08-12/first-impressions-embraer-legacy-450 As I stepped aboard PR-LGV on Friday, the first Embraer Legacy 450 with a full interior, it was hard not to compare it to the iconic Hawker business jet series. Both have a cabin width and height of about six feet and seat two pilots and seven to … Continued

by Kerry Lynch AINonline While deliveries dipped slightly in the first quarter, Gulfstream Aerospace executives are not seeing an appreciable difference in the market for its products. “Some deals are taking a little longer to get done,” said Mark Burns, who is set to succeed Larry Flynn as president of the aircraft manufacturer on July 1, … Continued

by Kerry Lynch, AINonline House Ways and Means Committee member Pat Tiberi (R-Ohio) last week introduced a bill to permanently extend the 50-percent bonus depreciation provision covering certain capital equipment, including business aircraft. The bill, H.R.2510, has attracted 23 cosponsors—all Republicans—so far. A number of the cosponsors are members of the Ways and Means Committee, … Continued

by  Chad Trautvetter, AINonline.com Cessna Aircraft’s Citation Latitude prototype made its maiden flight on Tuesday from Wichita Mid-Continent Airport, where the aircraft manufacturer is based. The new midsize jet fuses the Citation Sovereign+ wings, tail and aircraft systems with a new, larger fuselage, making the Latitude’s cabin the widest of any Citation and the only … Continued

by  Matt Thurber, AINonline.com February 20, 2014 The Learjet 85 is one step closer to beginning its flight-testing phase after the announcement yesterday by Bombardier that the FAA issued the jet’s first flight-test permit. Engineers have run flight test vehicle 1’s (FTV1) Pratt & Whitney Canada PW307Bs and completed low-speed taxi testing. Before the first … Continued