Bombardier,
Gulfstream, Boeing, Airbus ... And Galaxy?
Paris (June 18,
1997) -- Aiming their sights at the midsize and super-midsize corporate
jet market, Galaxy Aerospace Corporation makes it's first appearance at
the Paris Air Show this year. The company's top seller, the SPX model, has
a production rate of 11 aircraft a year with plans for an increase to up
to 15 in 1998. Galaxy has hopes of a production rate of around 24 total
aircraft a year, but can support an increase of up to 36, if necessary.
Certified just last year, 10 of Galaxy's Astra SPX's were delivered in
1996. The company boasts clients from U.S. Fortune 500 companies as well
as commercial enterprises in Argentina, Brazil, Canada, and the United Kingdom.
The SPX has also been selected recently by the U.S. Air Force and Air National
Guard for transport and medical evacuation missions.
In a joint-venture with Israel Aircraft Industries, Galaxy is presently
in the stages of developing an intercontinental super-midsize business jet
to add to its product line.
Roger Sperry, executive vice president for the fledgling company, says
Galaxy will continue to enhance the value of it's aircraft through improved
service. Galaxy plans to add more field service representatives, placed
closer to customers in addition to increasing parts inventories by 25 percent
to ensure accessibility. The company already offers trade-in programs and
guarantees a lower cost-per-nautical-mile than any midsize jet traded for
a new Galaxy.
Galaxy President and CEO Brian Barents asserts his belief in his company's
potential for growth, insisting, "The market is recognizing the unmatched
performance of the SPX and it's reliability. There is also growing confidence
in Galaxy Aerospace as we follow through on our commitment to improve and
expand the service organization that supports the Astra and Westwind family.
I think it is very realistic for us to increase our share of the mid-size
market."
Both Sperry and Barents hail from Learjet, where Berents served as CEO
for the Bombardier subsidiary. As Galaxy's new president, Berents claims
to have put together a winning team, a point he emphasizes often. As Berents
states, "This is a business built on personal relationships. It is
more than one person; it is a team and that team is what makes the difference."
Berents also buys into the concept of fractional ownership, a hot topic
at this years show, and in the corporate jet market in general. "I'm
a firm believer in the program," says Berents, "and we will be
involved with a fractional program, either through a third-party or on our
own."
Still, fractional ownership may be a ways away as Galaxy must first scramble
to establish itself as a real contender in a market full of seasoned veterans.
Berents is confident in his company's ability to do so, stating, "You
will see a substantial increase in sales of the SPX. It is truly a remarkable
aircraft."
Paris Daily Cover
Page | Contact AeroWorldNet
 |