Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

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Gulfstream designs, develops, manufactures, markets, and services business jet aircraft.

Chad Trautvetter

Gulfstream Aerospace saw its highest-ever first-quarter delivery total, with 38 business jets (31 large-cabin and seven super-midsize G280s) handed over, Danny Deep, president of parent General Dynamics, said this morning during an investor call. That compares with deliveries of 36 aircraft (30 large-cabin and six G280s) in the same period last year.
According to Deep, the aerospace division—Gulfstream and FBO/MRO provider Jet Aviation—performed “very well” in the quarter. Revenues at the division rose 8.4% year over year, to $3.279 billion, while earnings soared 14.1%, to $493 million. Order intake stood at $3.843 billion, equating to a 1.2:1 book-to-bill ratio. Backlog, meanwhile, climbed to $22.267 billion as of March 31—up about $500 million quarter over quarter and some $3.3 billion higher than a year ago.
Despite the strong sales, Deep noted that the Iran war slowed some Gulfstream order intake toward the end of the first quarter, though he said the business jet industry remains “durable.” He also expressed concerns about supply of the G280, which is manufactured in Tel Aviv at Israel Aerospace Industries, due to labor issues caused by military call-ups related to the war.
Still, Deep expects deliveries in the second quarter to be similar to those of the first quarter, with the third and fourth quarters seeing increasingly higher shipments. He said the 25th G800 will also be handed over in the second quarter.

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Bizjet Deliveries at Gulfstream Aerospace Hit All-time 1Q Record

Order intake also remained strong during the first three months

Gulfstream Aerospace saw its highest-ever first-quarter delivery total, with 38 business jets (31 large-cabin and seven super-midsize G280s) handed over.

Bizjet Deliveries at Gulfstream Aerospace Hit 1Q Record

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Kerry Lynch

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

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