Gulfstream and National Air Services

(NAS) have secured a firm order for

three G300 aircraft. The purchase,

which Gulfstream says amounts to

over $75 million, will be financed by

Arab Banking Corporation (ABC)

headquartered in Manama, Bahrain.

It will be guaranteed by the Export-

Import Bank of the United States (Ex-

Im), an independent federal

government that helps finance the

sale of US exports.

“NAS is a leader in private aviation

in the Middle East and we are pleased

to continue to support the company’s

growth, expanding our long-term

mutually beneficial relationship,”

stated Ghazi Abdul-Jawad, president

and chief executive of ABD. “We are

pleased to have this opportunity to

cooperate with Ex-Im on this

important transaction for both NAS

and Gulfstream.”

The mid-range G300 can fly up to

3,600 nautical miles, reach speeds of

up to Mach 0.88 and an altitude of

45,000 feet. It can accommodate up

to 19 passengers, but Gulfstream says

it is typically outfitted for 11 to 14

passengers. The NAS aircraft are

configured for 14 passengers.