🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Gulfstream working with FAA to address soot on some private jets

Published 11/29/2022, 10:02 AM
Updated 11/29/2022, 10:06 AM
© Reuters. FILE PHOTO: People stand in front of a G500 Gulfstream aircraft during the European Business Aviation Convention & Exhibition (EBACE) at Geneva Airport, Switzerland May 22, 2017. REUTERS/Denis Balibouse/File Photo
GD
-
BDRBF
-

By Allison Lampert

(Reuters) - General Dynamics Corp (NYSE:GD)'s Gulfstream Aerospace has notified owners of its G500 and G600 jets and the Federal Aviation Administration that it has discovered soot at the rear of some of those business jets, possibly because of the way a small engine vents gas in flight.

The FAA and Gulfstream both said they did not consider the issue to be a safety risk.

Gulfstream told plane owners, in a previously unreported letter to operators of the G500 dated Nov 8 and reviewed by Reuters, that it would have a plan for a fix ready early next year after testing.

"While it is not a safety-of-flight issue, we are working with Gulfstream to ensure the company addresses it," the FAA told Reuters.

In its letter to operators of the G500, a large-cabin jet which entered service in 2018, Gulfstream said it had found soot build up on the inside of the aircraft skin and the frame near the auxiliary power unit (APU) – a small engine at the tail of the plane installed for supplementary power.

The company said in the maintenance letter that in some cases planes would need to have structural components replaced due to "no allowance for localized overheating."

Gulfstream, however, said in the letter the presence of soot was not necessarily "indicative of an overheat condition," but that if components needed to be replaced "additional aircraft downtime may be required."

It was not immediately clear how many planes might require those repairs.

Business jet makers have seen strong demand from wealthy buyers and companies who opted to fly private during the height of COVID-19.

While Gulfstream did not disclose a specific explanation, material from a company presentation and a source familiar with the matter said it's likely due to APU exhaust gases getting pushed through a structural gap and leaving soot deposits.

"We have investigated soot on the G500 and G600 aircraft, believe we know the cause, and are testing and validating our conclusions," Gulfstream said in an emailed statement, adding that the "appearance of soot in and around the APU exhaust is not abnormal."

Savannah, Georgia-based Gulfstream is the market leader by value of deliveries against large-cabin rivals Bombardier (OTC:BDRBF) of Canada and France's Dassault. Parent General Dynamics has seen its aerospace unit backlog swell to $19.1 billion during the third quarter.

© Reuters. FILE PHOTO: People stand in front of a G500 Gulfstream aircraft during the European Business Aviation Convention & Exhibition (EBACE) at Geneva Airport, Switzerland May 22, 2017. REUTERS/Denis Balibouse/File Photo

Gulfstream said it did not anticipate any restrictions on the use of the APU, which generates energy for functions like starting power for the main engines.

Gulfstream said it has "notified the FAA and are working collaboratively with them on this issue."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.