Page 16 - AAA MAY - JUNE 2018 Online Magazine

2,700 worldwide fleet is based in tion in an increasingly
Asia Pacific. We believe interest in crowded market?
Gulfstream aircraft in Asia Pacific
and the Middle East will continue Gulfstream is primarily focused on
to grow over the next several years. its next two aircraft to enter ser-
vice, the G500 and G600, but we
As per trends and various continuously evaluate the products
recent reports, Asia is and services we offer to custom-
the driver of future global ers. This kind of exploration could
aviation growth. Will this not be accomplished without a
reflect on the business robust research and development
aviation market? program, which involves the work
of approximately 1,500 engineers.
We have a positive view about Gulfstream also prepares for the
the continued growth of our fleet future by listening carefully to its
in Asia Pacific over the next sev- customers. How do they use their
Our order activity is strongest in the eral years. According to the latest aircraft? How has their passenger
North America, Europe and the Far Honeywell Global Business Aviation experience been? What has their
East. The Middle East continues to Outlook, released in October 2017, ownership experience been? That
be a consistent market. We have nearly 500 new business jets will be kind of customer feedback sets
a diverse backlog both in terms of delivered to the Asia-Pacific region the course for Gulfstream going
product mix and geography. And, from 2017 to 2027. Honeywell pre- forward.
because of our commitment to dicts approximately 57 percent of
research and development, we have the deliveries will be large-cabin Has the new U.S. tax law
a steady cadence of new prod- aircraft. As the large-cabin mar- proved beneficial for the
uct introductions and deliveries. ket-share leader in the region, one business aviation indus-
New products generate additional with growing customer resources try? How has it impacted
demand, so we’re optimistic and and a commitment to continu- the company’s business
confident about our market posi- ous improvement, Gulfstream is prospects?
tion. well-positioned to sell and deliver
many of those aircraft. We’ve seen some positive signs.
How many Gulfstream air- We already have significant cus- We believe Donald Trump’s use of
craft operate in the Middle tomer resources in Asia, including business aviation before becom-
East and Asia and do you a company-owned service center ing president is a good indication
see the number increas- in Beijing; company-authorized that he understands the value of
ing substantially over the service centers in Hong Kong what we do, not just from a safety
next decade? and Singapore (both Jet Aviation and productivity standpoint, but
facilities); a company-authorized also from an economic standpoint.
We have approximately 100 aircraft warranty facility in Hong Kong Our industry employs more than 1.1
in the Middle East and more than (Metrojet); and our Asia Customer million people and has an annual
330 in the Asia-Pacific region. We Support Contact Center in Hong economic impact of more than
continue to see demand for our Kong. Earlier this year, sister com- US$200 billion.
large-cabin aircraft in the Middle pany Jet Aviation purchased Hawker As always, we will continue to
East. In particular, the G650/ Pacific. As part of this acquisition, work with advocacy organiza-
G650ER are extremely popular in Jet Aviation will add 19 locations tions, such as the General Aviation
the region, with more than 30 of across Asia-Pacific and the Middle Manufacturers Association,
these aircraft models based there. East to its global network, including the National Business Aviation
The Asia-Pacific region is home seven FBOs, 14 maintenance facil- Association and the International
to our largest international fleet of ities and more than 400,000 sq ft Business Aviation Council, to create
aircraft and is our fastest-growing of hangar space, as well as Hawker awareness around the needs of the
international market. From 2013 to Pacific’s 800 employees. business aviation community and
2017, the Asia-Pacific fleet grew represent the industry on policies
more than 40 percent. Almost 12 What is the key to staying that could impact business aviation.
percent of Gulfstream’s nearly ahead of the competi-

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