General Dynamics unveils two Gulfstream business jets

The Gulfstream logo is seen during the Latin American Business Aviation Conference & Exhibition fair at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitakerhas launched two new Gulfstream aircraft, as it looks to tap a rebound in demand for business jets after the pandemic shrunk orders.

"The G400 and G800 announced last night flesh out Gulfstream's upper-end product line ... Risks and R&D look moderate as both are derivatives," Cowen analyst Cai von Rumohr said on Tuesday.Challenger 650, and given it is at a price point where Gulfstream has no products, it should not cannibalize demand for existing Gulfstream models.

Gulfstream, which engages in business jet services, however, continues to be hit by pandemic-related shutdowns and shortages. In the second quarter this year, the company delivered only 21 jets, compared with 32 a year earlier.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reba McEntire on taking charge of her business after divorce: 'Huge change for me'Reba McEntire opened up about what it was like to start handling her own business ventures after two very dramatic personal losses in 2015. & a hit country song coming out soon right? take a little HUGE CHUNK of my heart now baby!
Source: FoxNews - 🏆 9. / 87 Read more »