Gulfstream Aerospace has reduced the price of more than 6,000 spare parts. The company issued letters to Gulfstream aircraft owners and operators informing them that price of many ‘wear and tear’ hardware, airframe, interior and major component consumable spare parts had been reduced by up to 48 per cent.

The reductions apply to over-the-counter transactions as well as parts bought from Gulfstream and General Dynamics Aviation Services service centres.

“Over the past few months, we’ve been cutting our prices on many of our most popular consumable parts, some by nearly half, and as a result, we’ve received an overwhelmingly positive response from our customers,” said Larry Flynn, president, product support.