Gulfstream Announces 60-aircraft Deal
April 16--Savannah-based business jet manufacturer Gulfstream Aerospace Corp. on Tuesday announced a deal to sell 60 aircraft to a Chinese leasing company, one of the largest orders in Gulfstream's history. The agreement, finalized in the fourth quarter of 2013 with Minsheng Financial Leasing Co., includes firm orders for 40 airplanes and options for 20 more. Financial details were not disclosed, although a conservative estimate puts the deal in the billions of dollars. The order spans the...