GULFSTREAM G550 Price and Operating Costs


Specifications
The GULFSTREAM G550, manufactured from 2003-2019, requires a 2 person crew and can transport up to 18 passengers. The aircraft has a maximum operating altitude of 51,000', a normal cruise speed of 488 KTS/562 MPH, and a 6,328 NM/7,290 SM seats-full range. The GULFSTREAM G550 has a 6,045' balanced field length and 2,800' landing distance. The cabin measures 06'02" high, 07'04" wide, and 50'01" long. It has a total baggage capacity of 226.00 ft^3; 226.00 ft^3 being internal and 00.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned GULFSTREAM G550 is $42,795,000.00. A $21,397,500.00 loan over 120 months including $89156.25 per month in interest equates to a $1,072,950.13 per-period payment. 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 $716,414.00, and an annual budget of $2,473,101.50. This breaks down to $5,495.78 per hour.

RANGE:
6,328 NM / 7,290 SM
SPEED:
488 KTS / 562 MPH
PRICE:
$42,795,000.00
MAX PASSENGERS:
18 people

GULFSTREAM G550

Flying 450 Hours per Year
Flying 450 Hours per Year + 200 Charter Hours
Annual Owner Hours
450
450
Annual Charter Hours
-
200
Fuel Cost
$4.25
$4.25
Total Fixed Cost
$716,414.00
$-13,636.00
Total Variable Cost
$1,756,687.50
$1,756,687.50
Annual Budget
$2,473,101.50
$1,743,051.50
Total Hourly Cost
$5,495.78
$3,873.45
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