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Orders for Gulfstream's G650 soaring, extend through 2017

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Strong international orders have grown Savannah-based Gulfstream Aerospace ’s business during a challenging market, the company’s president said this week, reports the Savannah Morning News. The aircraft manufacturer has an $18 billion order backlog, which grew by more than $400 million in the second quarter. “Businesses that were once regional are now global, and their leaders need long-range transportation,” said Larry Flynn, who became president of Gulfstream last month. With delivery for… (www.bizjournals.com) Mais...

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ATCguy1
ATCguy1 0
I just hope that the businesses making these purchases aren't the same who took government bailout money. Good for Gulfstream though..keep up the good work.
dbaker
dbaker 0
Why's that? The reason companies buy corporate jets is to use them as a business tool to increase revenue and profits.

The notion that companies that received bailouts shouldn't have aircraft reminds me of politicians who didn't want the banks (that were bailed out) holding parties for prospective parties. I have no idea why you would give a company money and then make it difficult for them to conduct business and get new customers.
ATCguy1
ATCguy1 0
The companies should have been more responsible from the get go so they wouldn't need a government bailout. And if they have received one, then I'm sure there are many other things they should be worrying about than buying G6's. There are other more cost effective ways to cover the company's transportation needs. I'm not against companies owning or using private jets, just not on my dollar.

Do you fly for AIG Daniel?
dbaker
dbaker 0
Your statements are contradictory. If you believe in companies owning and using private jets, then they're good for business. If you don't, you don't. You can't be in favor of them in general but be opposed to them based on past funding of the company.

Your AIG question is a argumentum ad hominem so I won't respond.
ATCguy1
ATCguy1 0
The statements are not contradictory. We obviously have different opinions on the matter.
dbaker
dbaker 0
I guess your argument is valid and not contradictory if your intention is to have companies "on your dollar" be less successful.
chiphermes
Chip Hermes 0
You do realize that the companies are paying back the TARP loans, right? With the money they earn doing things like ... flying jets to conduct business.
BenKFIT
Ben Lillie 0
Yeah, But how much revenue does a multimillion-dollar jet create?
chiphermes
Chip Hermes 0
Billions?
rjudy175e
Richard Judy 0
I'll chime in here and say that while I don't oppose businesses having corporate aircraft and FLYING those aircraft, what I do oppose is their having a larger aircraft than needed. If a company insists on having a G-V but their longest trip is only 300nm, there's a problem with that.

Even if they need to take 19 people, a couple of King Air's or Citations would do the job MUCH more efficiently than a G-V.
BenKFIT
Ben Lillie 0
And from what i've seen most of the time they don't fly more than one or two people.
ATCguy1
ATCguy1 0
Exactly!
chiphermes
Chip Hermes 0
Tell us what you've seen.
BenKFIT
Ben Lillie 0
Ok I will. When I watch jets come in to KFIT only one or two people disembark. ( Discluding the pilots). For example when a Hawker 800 came in only one person got off. I'm not saying companies need to refrain from buying jets, the more planes the better, but maybe lay off the expensive ones.
ATCguy1
ATCguy1 0
Excellent point.
ATCguy1
ATCguy1 0
I realize that the companies are repaying the bailout money, however it's my opinion that they never should have received it. The companies in question (insurance firms, banks) do not make money by flying these aircraft. They are an expense, until of course a profit is made by selling their product. But if you're breaking laws in order to turn a profit, do you really deserve to have the aircraft?

"If you believe in companies owning and using private jets, then they're good for business. If you don't, you don't"...A very general statement. The discussion is not balck and white, there are many gray areas. My original post was to say I hope companies with bailout money aren't going out to but the new G650. Also, companies with corporate jets rarely use them for strictly business. So to say they are a 'business tool' is a far stretch.
bishops90
Brian Bishop 0
@ATC GUY, It simply appears to me that you have no idea what you are talking about and want to make decisions for people which Are none of your business.

And BTW, Mr Baker runs a small business called "flightaware.com".
ATCguy1
ATCguy1 0
I know what I'm talking about Brian. I'm around it every day. Some of my comments are opinionated and if you disagree with them then great.

I'm aware that Mr. Baker runs this site...your point?
BenKFIT
Ben Lillie 0
I guess it doesn't matter who buys the GLF6 as long as somebody is.
kb9uwu
Matt Comerford 0
Whaaaaaaaat??? I thought this administration ruined GA and private jets?

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