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News: Gulfstream Q2 Deliveries Good; Sales Stagnant

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  1. Second Quarter Deliveries Up, Sales Slow For Gulfstream
    Gulfstream had a decent second quarter from deliveries standpoint with shipments being slightly up compared to the same period last year. The General Dynamics company shipped 32 executive jets in the second quarter which compares to 31 in the same period in 2019. This time around they handed over 26 large cabin category jets and 6 super midsize category -G280-). Compared to the second quarter of 2019, Gulfstream shipped 8 G280s as well as 23 jets from the large cabin line.
  2. Covid-19 has been a problem for Gulfstream in terms of sales. The restrictions on travel has hampered Gulfstream from going out to market (in person) jets to potential customers which is a really important part of inciting sales through demonstrations. According to General Dynamics chairman and CEO Phebe Novakovic, Gulfstream is expected to meet its projected deliveries of between 125 and 130 jets, which it downgraded three months ago from 150 units as a result of the impact of the Covid-19 crisis.

    For more information:

    Gulfstream Aerospace
    500 Gulfstream Road
    Savannah, GA 31407

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