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Gulfstream Aerospace celebrates flight test program milestone

Gulfstream Aerospace has reflected on the first ten flight tests for the Gulfstream G500 and Gulfstream G600 jets. The jets are twin-engine, with the G500 replacing the G450. The G500 has a range of 5,000 nautical miles (9,260km) at Mach 0.85, with nonstop flights connecting distant cities such as Istanbul to Cape Town, Los Angeles to London, and San Francisco to Tokyo. The G600 can fly 4,800 nautical miles (8,890km) at a high-speed cruise of Mach 0.90, and seats up to 19 passengers, with room for nine to sleep.

19th September 2017



Dassault's Falcon 5X jet takes its first flight

Fractional-share provider PlaneSense has completed a five-yearly functional test of its emergency fire extinguishing system in its 40,000ft2 hangar at its Portsmouth International Airport headquarters in New Hampshire.

29th August 2017

This month (October), Business Airport International would like to know, which of these statements best describe your awareness of GDPR?

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Strong economic growth in India fuels business aviation market

Research from Global Capital Jet, a provider of financing solutions for large-cabin, long-range business jets, has revealed strong growth in the Indian business aviation market with 70 mid to heavy business jets delivered between 2006-2015 with a combined value of US$3.5bn.

This growth is being driven by an increase in GDP in the country, according to Simon Davies, vice president, sales – India, Global Jet Capital. “For the fiscal year 2015-2016, India’s GDP growth was around 7.6%, and some market commentators are predicting that growth will gain momentum in 2016-2017, with GDP growth of around 7.8%,” he said.

“Demand for business aviation is closely correlated to economic growth so we believe in the long-term, India will see a significant increase in demand for business jets. This is already a very attractive market for us, and we expect it to become even more appealing in the coming years.”

The Indian business aircraft fleet has a greater proportion of mid-sized to heavy jets than the global average – 44% of the Indian fleet is classed as mid-sized to heavy, compared with a worldwide figure of 31%, indicating that demand for finance from Indian buyers is likely to be greater than from other regions. According to the research, 80% of the funding used to purchase these aircraft, which typically cost between US$25m and US$75m each, was through external financing.

June 28, 2016


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