Gulfstream PlaneParts Program Reaches Milestone

SAVANNAH, Ga., August 2011 — Gulfstream Aerospace Corp. announced today that the 50th customer has enrolled in the company’s cost-per-hour maintenance program known as PlaneParts. The Brazilian customer will operate a Gulfstream G550 upon delivery in September.

PlaneParts provides Gulfstream operators with no-charge replacement components for parts removed due to failure, life limit or wear, in exchange for monthly payments based on the aircraft’s model and age.

“PlaneParts has been well-received by our operators since we launched the program last year at NBAA in Atlanta,” said Mark Burns, president, Gulfstream Product Support. “Particularly in these economic times, controlling costs is critical for any company, big or small. PlaneParts gives our operators a tool to accurately forecast the cost of component replacements for their aircraft. Our operators benefit from single-source component ordering and can take advantage of our worldwide product support network, which includes 24/7 AOG assistance.”

The PlaneParts program was officially launched in October 2010.