The Gulfstream G550 is an ultra long range jet that is typically outiftted with three cabin zones and a crew rest with a range of 6,750 NM. The aircraft was in production from 2003-2021 and there have been over 600 aircraft produced.
Start Model Year: 2003
End Model Year: 2021
Fleet Size: 611
Engine Count: 2
Typical Passengers: 15
Model Class: Jet - Ultra Long Range
Up to - Passengers: 19
AIRCRAFT DIMENSION
Tail height (feet):25.8
Wing span (feet):93.5
Length (feet):96.4
Max Takeoff Weight (lbs.):91,200
CABIN DIMENSION
Height (feet):6.2
Width (feet):7.4
Length (feet):50.1
Cabin Zones:3
Ask Price Min:$11,950,000
Ask Price Max:$35,500,000
Model Year Min:2004
Model Year Max:2019
Total Time Min (hours):272
Total Time Max (hours):14,404
% of Fleet for Sale:10%
# For Sale:61
Engine Manufacturer : Rolls-Royce
Engine Model : BR 710-C4-11
Hourly Rate /engine : $490
Overhaul Interval (hours) : 8,000
Overhaul Cost : $5,300,000
Mid Life Interval : 4,000
Mid Life Cost : $2,650,000
Typical Avionics Suite : Primus Epic for Gulfstream PlaneView
APU Model : RE220GV
Based on 300 hours a year
FINANCIAL: ANNUAL FIXED COSTS
Crew:$818,740
Hangar:$148,500
Hull Insurance:$35,588
Liability Insurance:$45,000
Miscellaneous:$317,518
Annual Amount:$1,365,346
FINANCIAL: VARIABLE HOURLY COSTS
Fuel Consumption (gallons per hour):438
Fuel Cost (at $5.00 per gallon):$2,751
Maintenance:$1,796
Engine Reserves:$1,487
Miscellaneous:$731
Total Cost / Per Hour:$6,764.64
FINANCIAL: ANNUAL SUMMARY
Based on 300 hours a year
Typical Purchase Price:$23,725,000
Market Depreciation (%):8%
Market Depreciation ($):$1,898,000
Total Fixed Costs:$1,365,346
Total Variable Costs:$2,029,392
Total Cost of Operation:$5,292,738
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