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The Gulfstream G700 was certified by the FAA on March 29th, after protractive delays resulting in the aircraft being later than expected to the market. The G700 was launched in October, 2019 and Gulfstream estimated first customers deliveries in late 2022 at that time. However, the intervening global pandemic and new FAA certification requirement resulted in delays. FAA certification standards were strengthened in the wake of the Boeing 737 MAX crashes, and the G700 was the first application for those standards, resulting in a learning curve and delayed entry into service by about 18 months from Gulfstream’s initial estimates.
