Deciding to concentrate on the larger business jet market; Gulfstream Business Jets as decided to call time on the G150.
The aircraft was Gulfstream’s smallest offering and the company’s aim of covering all options of the business jet market for its loyal buyers.
But the business jet faces stiff opposition from other new entrants, and the companies larger cabin models proving very successful, Gulfstream has made the decision to concentrate its efforts where the customers are.
Gulfstream is to cease production in the summer of 2017; after it sold its last build slot for the G150.
Mark Burns, president of the Savannah, announced Gulfstream would “focus on the super-midsize and large-cabin jet markets”.
The G150 has enjoyed a 10-year production run; manufactured in Tel-Aviv, Israel.
“The G150 has had a distinguished history, spanning more than a decade,” said Burns, “and it remains an important part of our business.”
Our product support organization will continue to provide support to our G150 owners and ensure there are enough parts, tooling, sustaining engineering and personnel available for the worldwide G150 fleet.”
AIN reports “nearly 120 G150s are currently in service around the world and the twinjet is certified in more than 45 countries, including the U.S., Brazil, Canada, China, England, Germany, Israel and Switzerland.”