How much does it cost to own a G550?

How much does it cost to own a G550?

Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the GULFSTREAM G550 has total variable costs of $1,756,687.50, total fixed costs of $290,362.00, and an annual budget of $2,047,049.50. This breaks down to $4,549.00 per hour.

Why are gulfstreams so expensive?

The increasing market demand for large-cabin jets puts Gulfstream in a strong position, where it dominates the top of the market. The upper end of the market has seen stronger sales and profits in the recession and continuing into recovery, showing that for many customers ‘big is better’.

How much does a G500 cost?

The list price for a new G500 is $45 million.

How much is a new G650?

Gulfstream G650 Facts While the list price for a new G650 is $65 million, used aircraft are currently listed starting at $39 million.

How long can a Gulfstream G550 fly?

96′
Gulfstream G550/Length

How many hours can a Gulfstream G550 fly?

The G550 can transport up to 16 passengers and still has the range to fly non-stop more than 12 hours. Powered by two Rolls-Royce engines that provide the most thrust of any jet in its class.

What does a Gulfstream G700 cost?

Large corporate planes that can fly farther are popular with customers and a highlight of the NBAA show which begins on Tuesday. Gulfstream Aerospace President Mark Burns said the flagship G700, priced at $75 million, would be the “tallest, widest cabin in our industry.”

How much is a Praetor 600?

The aircraft are based on Embraer’s Legacy 450 midsize and Legacy 500 super midsize jets. The base price for the Embraer Praetor 500 is $16,995,000, while the Praetor 600 starts at $20,995,000.

How much is the Gulfstream G700?

$75 million G700 brings the future of aviation to a new level. The G700 is the newest aircraft of Gulfstream that brags the most spacious, flexible, and inventive cabin in the aviation industry, with high-thrust Rolls-Royce engines and the innovative Symmetry Flight Deck.

How much is a new Gulfstream G700?

How much is a global 7500?

But if you prefer putting your money on something much bigger, invest in the Global 7500, an ultra long-range business jet by Bombardier Aerospace. The Global 7500, which comes as a green aircraft (meaning, no fixed interior), is yours for a starting price of US$73 million (that’s almost S$100 million).

How many Gulfstream G550 were built?

Produced continually between 2003 and 2021, Gulfstream have built well over 600 G550s. The only exclusively 21st century jet to come close is the Embraer Phenom 300 (built 2009 onwards) currently hovering at the 600 mark.

In summary, the total annual cost for the G550 will be $2,853,926 and the cost per flight hour, for the 400 hours the owner uses the aircraft, comes out to $7,135. Note the above calculations do not include any figures for depreciation or for any financing charges, which may be a factor. These numbers are courtesy of AirPower Software Group, Inc.

How much does it cost to charter a Gulfstream G550?

Thanks to its Rolls-Royce BR710 engines, the G550 has a total thrust output of 30,770 lbs. In terms of cost, the G550 has an estimated hourly charter price of $7,650. Furthermore, back when deliveries of the Gulfstream G550 began, the list price for a new example was $62 million.

What is the G 550?

Spacious, advanced, luxurious and timeless, the G 550 is an icon of capability and pure design. Crafted by hand, with an exceptional variety of ways to personalize it, you can take your G virtually anywhere you want.

What is the difference between the Gulfstream G550 and G500?

It is sometimes also known as the GV-SP. Over 550 have been produced, including the Gulfstream G500 which has a lower fuel capacity and reduced range. The G550 replaced the Gulfstream V, and has improved aerodynamics leading to an increased range and fuel efficiency. It is the most successful model in Gulfstream history.