WHEELS UP announced plan to purchase 17 Phenom 300/300Es from Grandview Aviation, acquire Challenger 300/350s on open market and sell its 13 Citation Xs to third party, consolidating fleet types. It also contracted GOGO to supply Galileo HDX inflight Wi-Fi and secured financing commitment from BANK OF AMERICA with credit support from DELTA.
GENERAL DYNAMICS AEROSPACE earned $305m on $2.5b sales in 3Q24 vs $268m on $2b in 3Q23; book-to-bill ratio was 1.0 vs 1.4 a year ago. GULFSTREAM delivered 28 business jets in 3Q23/89 in 1Q-3Q24 vs 27 in 3Q23/72 in 1Q-3Q23.