Originally Posted by
Pervis
$1.2 Billion in firm orders and options cancelled. What’s up? Gulfstream souring on fractionals in general or Is there other writing on the wall?
It may have something to do with a couple of G500s pounding hard into the ground from a software glitch that’s yet to be fixed. Apparently, there’s an AD in place restricting the airplanes to 15 knots max wind for landing. Lots of angry billionaires with brand new Gulfstreams they can’t fly if that limitation will be exceeded. Many orders have been cancelled because of this too. Gulfstream better get on the ball and resolve this issue soon.