Private jet charter rental

SAVANNAH, Ga., Aug 14, 2006 – Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE: GD), held an entry-into-service ceremony today at its Dallas facility in celebration of the newest addition to its fleet – the wide-cabin, high-speed G150 business jet.

As Gulfstream's first true mid-size private business jet, the G150 has tangible advantages when compared to rental competitors in this market segment.

"We've increased both the jet's comfort and performance," said Bryan Moss, president, Gulfstream Aerospace. "The G150 also has a more spacious cabin than that of any other aircraft in its class."

Gulfstream introduced the G150 in September 2002. On May 3, 2005 , the G150 completed its first flight, which lasted 4 hours, 13 minutes. The G150 received its certification from both the Civil Aviation Administration of Israel (CAAI) and the Federal Aviation Administration (FAA) on Nov. 7, 2005 , 10 weeks ahead of schedule. This marked the first time that two civil aviation agencies certified the same aircraft on the same day.

Following extensive flight testing and rental, Gulfstream determined the G150's maximum range had proven better than originally projected. Drag reduction efforts resulted in an additional 250 nautical miles and a new maximum range of 2,950 nautical miles with two flight crew members and four passengers onboard.

Additionally, the G150's required balanced field length was also better than first projected. The G150's actual balanced field length is 5,000 feet, 830 feet shorter than the original estimate, which enables the G150 to take off from shorter runways.

Most recently, Gulfstream rental verified the outfitted weight of the G150 came in lower than originally estimated as a result of engineering design, material selection and manufacturing techniques, thus providing additional payload flexibility for its operators.

The unique oval charter cabin cross-section of the G150 offers more seated headroom than any of its competitors. With a choice of three cabin configurations, the G150 accommodates six to nine passengers and features ample aisle space and generous legroom and headroom when seated. G150 owners can choose from a variety of fine private jet leathers, upholstery fabrics, wood finishes and floor coverings.

Powered by two Honeywell TFE731-40AR engines, the G150 can reach speeds of up to Mach .85 and altitudes of 45,000 feet, well above commercial traffic and weather. At a long-range cruise speed of Mach .75, the G150 can fly four passengers nonstop up to 2,950 nautical miles – longer than any other aircraft charter in its class. The G150 easily connects cities such as New York to Los Angeles , London to Moscow , or Rio de Janeiro to Santiago .

The fully-equipped G150 rental flight deck features Collins Pro Line 21 Avionics private jet charter. Also included is Gulfstream's signature Cursor Control Device (CCD), which is standard equipment on all of Gulfstream's large-cabin aircraft – the G550, G500, G450 and G350. Just as with every Gulfstream business jet model, the new G150 is backed by Gulfstream's award-winning product support.

G150 aircraft are designed and built in collaboration with Israel Aircraft Industries (IAI) in Tel Aviv, Israel . Initial manufacturing is completed in Tel Aviv, then the private jet are flown to Gulfstream's Dallas facility for the final phase of charter manufacturing.