News Release
GULFSTREAM AND TAG AVIATION SIGN AGREEMENT TO PROMOTE GULFSTREAM G200 IN EUROPE
Two Large-Cabin, Mid-Range G200s To Be Based In Geneva For Charter
SAVANNAH, Ga., Oct. 8, 2003 --Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE:GD), and TAG Aviation S.A., one of the world’s leading providers of business aviation services, with facilities in Geneva, Switzerland, Farnborough, England, and the United States, today signed an agreement which will significantly heighten the profile of Gulfstream’s large-cabin, mid-range G200 business jet aircraft in Europe.
Under the terms of the agreement, which commences in December, TAG Aviation will lease two Gulfstream G200 business aircraft which will be available for charter throughout Europe and the Middle East. Under the same agreement, the aircraft will be used by Gulfstream for customer demonstration flights.
“We are delighted to be able to partner with TAG Aviation in promoting the G200 to charter customers and aircraft owners in Europe,” said Bryan Moss, president, Gulfstream Aerospace. “The combination of TAG’s industry-leading reputation and the Gulfstream G200’s performance characteristics, which are ideally suited to the European environment, should provide convincing evidence to people looking for a business jet with large-cabin comfort and mid-range capabilities.”
The G200 lives up to large-cabin expectations, accommodating up to 10 passengers and offering outstanding performance with its excellent climb, high-cruising altitude, high-speed, 3,400 nautical mile range and short-landing capabilities. Powered by two Pratt & Whitney PW 306A engines, the G200 can reach speeds up to Mach .85 and altitudes up to 45,000 feet. With low ambient noise levels, 100 percent fresh air and ample natural light from generous windows, the cabin provides a comfortable workspace for business travelers. G200 owners also enjoy the lowest operating costs in the large-cabin, mid-range class.
“You have to see and fly the G200 to truly appreciate its passenger comfort and experience its superb flight characteristics,” said Rob Wells, president, TAG Aviation. “Its large cabin comfort, low ramp profile and outstanding performance are ideally suited to our market place. The G200 can reach any point in Europe without stopping. Should a customer need to go to North America, the eastern seaboard of the United States is well within reach for the G200. As more and more people get to experience the G200, I know they will be impressed with this true member of the Gulfstream family,” Wells added.
NOTE TO EDITORS
Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics (NYSE: GD), designs, develops, manufactures, markets, services and supports the world’s most technologically advanced business jet aircraft. Gulfstream has produced more than 1,400 aircraft for customers around the world since 1958. To meet the diverse transportation needs of the future, Gulfstream offers a comprehensive fleet of aircraft, comprising the mid-cabin, high-speed Gulfstream G100™; the wide-cabin, high-speed Gulfstream G150™; the large-cabin, mid-range Gulfstream G200™; the large-cabin, mid-range Gulfstream G300™; the large-cabin, long-range Gulfstream G400™; the large-cabin, ultra-long-range Gulfstream G500™ and the large-cabin, ultra-long-range Gulfstream G550™. Gulfstream also offers aircraft ownership services via Gulfstream Financial Services Division and Gulfstream Pre-Owned Aircraft Sales®. The company employs more than 6,750 people at seven major locations. We invite you to visit our Web site for more information and photos of Gulfstream aircraft at www.gulfstream.com.
General Dynamics, headquartered in Falls Church, Virginia., employs approximately 64,600 people worldwide and estimates 2003 revenues of $15.5 billion. The company has leading market positions in mission-critical information systems and technologies, land and amphibious combat systems, shipbuilding and marine systems, and business aviation. More information about the company can be found on the World Wide Web at www.generaldynamics.com.
