GULFSTREAM G700 Price and Operating Costs

Specifications
The GULFSTREAM G700, manufactured from 2019-present, requires a 2 person crew and can transport up to 12 passengers. The aircraft has a maximum operating altitude of 51,000', a normal cruise speed of 600 KTS/690 MPH, and a 6,600 NM/7,595 SM seats-full range. The GULFSTREAM G700 has a 6,250' balanced field length and 2,680' landing distance. The cabin measures 06'03" high, 08'02" wide, and 56'11" long. It has a total baggage capacity of 195.00 ft^3; 195.00 ft^3 being internal and 00.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned GULFSTREAM G700 is $75,000,000.00. A $37,500,000.00 loan over 120 months including $156250 per month in interest equates to a $1,880,389.29 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the GULFSTREAM G700 has total variable costs of $1,660,725.00, total fixed costs of $766,500.00, and an annual budget of $2,427,225.00. This breaks down to $5,393.83 per hour.