Gulfstream Aerospace announced on October 1 that it has acquired the Nordam Group production line that produces nacelles for the Gulfstream G500 and Gulfstream G600 models. Gulfstream had been operating the Tulsa, Oklahoma-based line since early September 2018 as part of an agreement with Nordam following its July 2018 bankruptcy. A US bankruptcy judge approved the transfer on September 26, 2018, allowing Gulfstream to finalize the acquisition. This agreement filed by Nordam in a Delaware court, allowed Gulfstream to restart the manufacturing program and allowed for the eventually to transfer the assets to its Savannah, Georgia facilities.
27 July 2017
Patrick Hansen, CEO of Luxaviation Group, addressed an open letter to Athar Husain Khan, Secretary General of the European Business Aviation Association (EBAA)
28 November 2018