Nothing but Net

  • 07-Aug-2008 03:42 EDT

Gulfstream Aerospace Corp. reached an agreement with NetJets to supply 40 new Gulfstream aircraft. The agreement, valued at $1.9 billion, calls for four Gulfstream G450s and four Gulfstream G550s to be delivered to NetJets each year from 2012 through 2016. This deal also includes a long-term maintenance support agreement. NetJets has more than 90% of the long-range cabin fractional market and is the largest operator of Gulfstream aircraft in the world. As of June 2008, NetJets’ worldwide Gulfstream fleet totals 110 and is comprised of 21 Gulfstream G550/V, 55 Gulfstream G450/400/IV-SP, and 34 Gulfstream G200s.

Share
HTML for Linking to Page
Page URL
Grade
Rate It
4.00 Avg. Rating

Read More Articles On

2016-12-08
While unmanned systems are already transforming the way that modern warfighting is conducted, the commercial sector is still at the starting gate. That said, personal UAV ownership is expanding at an exponential rate, as small, stable, UAVs enter the market.
2016-10-20
The fusing of emerging technologies from the aerospace materials sector and biological sciences are now, for the first time, heading toward the prospect of growing parts, systems, and, ultimately, perhaps whole aircraft.
2016-10-20
Imperial College London researchers are working on technology that could allow drones to stay airborne indefinitely simply by hovering over a ground support vehicle to recharge.
2017-01-26
Colorado-based Boom Technology’s “Baby Boom” XB-1 supersonic demonstrator—a one-third scale stepping stone to a supersonic 40-seat passenger airliner—will make its first test flight late-2017. Although currently under construction, the XB-1 is described as “the first independently developed supersonic jet and history’s fastest civil aircraft.”

Related Items

Technical Paper / Journal Article
2011-04-12
Article
2016-12-08
Book
2010-06-01
Technical Paper / Journal Article
2011-04-12