“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”
Gulfstream Reiterates G650 Is on Schedule
Gulfstream has announced that it expects FAA approval by the end of this year for its G650 ultra-large-cabin, ultra-long-range jet. Although the April 2
crash of a G650 during a test flight may cause delays in the certification program, the Savannah, Ga.-based manufacturer still expects to deliver 12 “green” G650s (with unfinished cabins) by the end of this year. Gulfstream, which has more than 200 orders for the model, is working with the National Transportation Safety Board on the crash investigation, according to Pres Henne, a senior vice president for the company.