Gulfstream unveils new biz jet
Gulfstream, a subsidiary of General Dynamics Corp., unveiled a new wide-cabin business jet Thursday, the G650. The new model promises longer range (7,000 nautical miles) than past models, reports MarketWatch. The company will take its first orders on April 15, and expects to deliver its first G650 in 2012 at $58.5 million each, according to the report. The market may welcome the new jet as business travelers look to avoid airport congestion.
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