Press Release

Issued by Gulfstream Aerospace Corporation.

November 8, 2015

Gulfstream Aerospace Corp. recently opened a regional parts distribution center near Al Maktoum International Airport in United Arab Emirates (UAE). The center, located in Dubai South, formerly known as Dubai World Central, houses high-usage items and provides rapid-response support to Gulfstream's factory-authorized service center and customers throughout the Middle East, India and Africa.

“Our new distribution center is in a prime location to serve our customers,” said Derek Zimmerman, president, Gulfstream product support. “Al Maktoum International is projected to be the world's largest airport and appears poised to become the preferred business aviation airport in the Dubai area. The state-of-the-art facility within the fast-cycle logistics environment of Dubai South will enable us to more efficiently address customer requirements.”

Gulfstream has started stocking parts at the new regional distribution center, which is approximately 6,000 square feet/557 square meters. The facility is expected to have approximately $10 million in parts and materials inventory by the end of 2015. Gulfstream worked with the Kuehne + Nagel Group to provide the warehouse and handle logistics services.

Gulfstream maintains a worldwide spares inventory of more than $1.6 billion.

Gulfstream's customer resources in the Middle East help support a fleet of more than 180 aircraft in the Middle East, India and Africa. Most are based in Saudi Arabia, UAE, Egypt, Nigeria and India. The resources include Jet Aviation's service center at Dubai International Airport and fixed-based operation (FBO) at Al Maktoum International along with Jet Aviation FBOs in Jeddah, Medina and Riyadh, Saudi Arabia.

The inventory at Gulfstream's new regional distribution center complements what is housed at Jet Aviation's warehouse at Dubai International.