Gulfstream expects market growth in the year 2019 on new business jets: President

ORLANDO, Florida (AP) — Gulfstream Aerospace expects growth in sales opportunities, and shipments in the next year as the US Business Jet manufacturer brings two new large cabin Corporate aircraft on the market company President Mark Burns said on Wednesday.

file photo: people face a Gulfstream G500 airplane during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland may 22 2017. REUTERS/Denis Balibouse / file photo

Burns said in an interview, that the Commissioning of the company new G500 and G600 business jets market growth for Gulfstream, a division of General Dynamics Corp. ride (DG. N)

“I expect next year will be a year of growth,” he said on the sidelines of the National Business Aviation Association of annual corporate jet show in Orlando, Florida. “We at a time, when the market improves, bring two new aircraft on the market.”

are looking for potential buyers at the fair after years of weak sales, closely on new aircraft with longer ranges and technology for smoother trips while weighing the benefit of recent U.S. tax deductions. Hopes for the new industrial orders also underpinned a dwindling supply of used aircraft.

Burns said that he is convinced that Gulfstream 2018 is planning its existing between 115 to 125 aircraft deliver fair this year, although he result report might be not accurate before the company next week in the third quarter.

the G500 was certified in July and the first delivery took place in September. The slightly larger G600 which fly nonstop from London to Los Angeles can, is expected to be certified at the end of the year and enter service in the year 2019.

A-10-year Outlook by Honeywell Aerospace (NHon) before the Convention predicts up to 7,700 business jet new auslieferungen value $251 billion from 2019 to 2028 to 1 percent to 2 percent of the 10-year forecast in the year 2017.

message from Allison Lampert; Editing by our standards Jonathan Oatis

:the Thomson Reuters trust principles.