Narrative:

As we were climbing through FL350; the cabin altitude started to climb. I put on my oxygen mask; contacted ATC and told them I needed to descend immediately. I was cleared to FL240. As the cabin altitude rapidly climbed through 14;000 ft I initiated an emergency descent; declared an emergency and requested a lower altitude. I was re-cleared to 11;000 ft. As a result of my rapid rate of descent; I descended 300 ft below my assigned altitude as I leveled off but immediately climbed back up to 11;000 where we were given a heading while we assessed the situation. None of the passengers or crew was injured. We cancelled the emergency and continued to our destination at a lower altitude. Closer to our destination we diverted to another airfield for maintenance. In the future I would try to start arresting my descent rate earlier in order not to descend below my assigned altitude. Today I realized the importance of the use of oxygen masks at high altitude and the training that we receive regarding emergency descents. I am very thankful for both. Without oxygen this situation could have ended up much worse.

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Original NASA ASRS Text

Title: While making an emergency descent due to a loss of pressurization at FL350 the flight crew of a G-IV descended 300 FT below their cleared altitude of 11;000 MSL before recovering.

Narrative: As we were climbing through FL350; the cabin altitude started to climb. I put on my oxygen mask; contacted ATC and told them I needed to descend immediately. I was cleared to FL240. As the cabin altitude rapidly climbed through 14;000 FT I initiated an emergency descent; declared an emergency and requested a lower altitude. I was re-cleared to 11;000 FT. As a result of my rapid rate of descent; I descended 300 FT below my assigned altitude as I leveled off but immediately climbed back up to 11;000 where we were given a heading while we assessed the situation. None of the passengers or crew was injured. We cancelled the emergency and continued to our destination at a lower altitude. Closer to our destination we diverted to another airfield for maintenance. In the future I would try to start arresting my descent rate earlier in order not to descend below my assigned altitude. Today I realized the importance of the use of oxygen masks at high altitude and the training that we receive regarding emergency descents. I am very thankful for both. Without oxygen this situation could have ended up much worse.

Data retrieved from NASA's ASRS site as of July 2013 and automatically converted to unabbreviated mixed upper/lowercase text. This report is for informational purposes with no guarantee of accuracy. See NASA's ASRS site for official report.