How Gulfstream will conquer the business aviation market in the next 10 years
Last week, Gulfstream unveiled their newest business jet- the G700 at the NBAA in Las Vegas. But the manufacturer has been slowly turning into a titan of the business aviation market.
But how has it got like this? First we need to provide a little bit of insight into how the manufacturer got started, and mainly the last 10 years, as well as the next.
How did Gulfstream start out?
The company that would later go on to become Gulfstream, started out as a division of Grumman Aerospace. It was started because Grumman, mainly a military aviation company, noticed a lack of aircraft manufacturers in the business aviation market.
Grumman started by making a small business jet to test whether the market was safe for them to enter. The aircraft that Grumman produced was a twin turb...