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 6,620 NM/7,618 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 $21,811,250.00. 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 $7.00-per-gallon fuel cost, the GULFSTREAM G550 has total variable costs of $2,453,400.00, total fixed costs of $1,011,522.00, and an annual budget of $3,464,922.00. This breaks down to $7,699.83 per hour.