Word: gulfstream
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Dates: during 1970-1979
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...State," his hosts last week treated him as if he still held that office. Anwar Sadat sent him from Cairo to Tel Aviv in an official Mystere jet; King Hussein of Jordan dispatched a helicopter to carry him from the Allenby Bridge to Amman; the Saudis sent a Gulfstream II executive jet (with closed-circuit TV) to fly Kissinger, his wife Nancy and his son David, 17, to Riyadh. "What we're doing for Henry," said one Egyptian official, "we normally do only for Presidents and Prime Ministers...
...money," complains Tom Evans of the oil-rich Arab sheiks whose sumptuous private planes are serviced by his Houston-based firm. One of his customers is Zayed bin Sultan al-Nahyan of Abu Dhabi, president of the United Arab Emirates, who paid $10 million in 1974 for a Grumman Gulfstream II, equipped with royal blue morocco-leather seats and gold seat-belt buckles...
...phenomenal growth in general aviation in the U.S. has continued unabated for a decade. The category embraces everything from a $5,000 secondhand Piper Cub used for weekend joyrides to a $6.5 million, 18-seat Grumman Gulfstream executive jet crammed with the latest airborne electronics. In between are the twins, turboprops and smaller jets operated by some 2,200 air-taxi operators and 200 commuter airlines. This year alone, companies such as Cessna, Beech and Piper will deliver 18,000 aircraft worth $1.8 billion to customers around the country...
Amin has been a fond Page customer since 1973. That year a Page vice president sold Amin a Gulfstream after giving him a lift from Uganda to a meeting of Third World leaders in Algiers. Page subsequently sold Amin a Lockheed cargo plane and furnished crews for it. When Amin wanted to buy medical supplies and seed wheat, Page executives rounded them up from U.S. suppliers. Amin gave Wilmorite the contract to build Uganda's new $5 million U.N. mission in Manhattan. Only after Congress began investigating U.S. suppliers selling equipment to Uganda about a year ago did Page...
Although it could be many months before the SEC's charges come to trial, Wilmot's days as a highflyer in international aviation seem over. Last month Grumman sold its Gulfstream-manufacturing subsidiary to American Jet Industries, of Van Nuys, Calif. Its president, Allen Paulson, says flatly that Page will not be asked to help sell any more Gulfstreams...