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Non-Tech : Gulfstream Aerospace GAC

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To: Jonathan Cleveland who wrote (117)3/19/1998 11:55:00 PM
From: Carmine Cammarosano  Read Replies (1) of 197
 
Gulfstream Introduces Gulfstream Charter Services

Program Designed To Facilitate Charter Transportation On Gulfstream Aircraft

SAVANNAH, Ga.--(BUSINESS WIRE)--March 19, 1998--Gulfstream Aerospace Corporation(NYSE:GAC - news) today announced the introduction of Gulfstream Charter Services(SM), a comprehensive program designed to facilitate charter transportation on Gulfstream aircraft. Gulfstream
Charter Services will act as a central clearinghouse for Gulfstream customer charter needs - simplifying the process by engaging an independent charter specialist to coordinate the availability of Gulfstream FAA Part 135-certified aircraft with the request for charter services.

''Gulfstream Charter Services is another strategic initiative which complements the already broad array of products and services offered by Gulfstream, and supports our goal of exceeding customer expectations in all aspects of their aviation requirements,'' said Bill Boisture, president and chief operating officer, Gulfstream Aircraft Incorporated.

Over one hundred Gulfstream aircraft, located throughout the United States and in Europe, Mexico and Canada, are FAA Part 135-certified operators. For these operators, Gulfstream Charter Services provides
easy access to Gulfstream customers who need charter services. Gulfstream Charter Services will have offices at Gulfstream's facilities in Long Beach and in Oakland, California.

Founded in 1958, Gulfstream Aerospace Corporation is the leading designer, developer, manufacturer and marketer of the world's most technologically advanced intercontinental business jet aircraft. The company has produced more than 1,000 aircraft for customers around the world. Gulfstream offers a range of aircraft products and services to meet the aviation needs of its customers, including the Gulfstream
IV-SP(R), the ultra-long range Gulfstream V(R), Gulfstream Shares(R), Gulfstream Financial Services, Gulfstream Pre-Owned Aircraft Sales and Gulfstream Charter Services(SM). In 1997, Gulfstream
reported revenues of $1.9 billion. The company employs approximately 5,800 people at five locations. Gulfstream Aircraft Incorporated is the sales and marketing subsidiary of Gulfstream Aerospace
Corporation.
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