GULFSTREAM G700 Price and Operating Costs
Specifications
The GULFSTREAM G700, production in 2019-present, requires a two man crew and can be configured in 12 seats. Maximum operating altitude of 51,000′, a optimal cruise speed of 600 knots/690 MPH, and a 6,600 NM/7,595 SM seats-full range. The GULFSTREAM G700 has a 6,250′ runway length (or runway plus clearway and/or stopway) and 2,680′ actual landing distance required. Cabin specifications: 06’03” cabin high, 08’02” cabin wide, and 56’11” cabin long. Maximum luggage capacity of 195.00 ft^3; 195.00 ft^3 being internal and N/A ft^3 being external.
Pricing
Average price for used aircraft GULFSTREAM G700 is $75,000,000.00. A $37,500,000.00 loan over 10 years including $156250 per month in interest equates to a $1,880,389.29 per-month payment. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the GULFSTREAM G700 has total variable costs of $1,660,725.00, total fixed costs of $706,946.00, and hypothetical summary cost of $2,367,671.00. How much does it cost to fly: $5,261.49 per hour.
Maximal total range:
6,600 NM / 7,595 SM
Cruise speed:
600 knots / 690 MPH
Average price:
$75,000,000.00
Number of passengers:
12 people
GULFSTREAM G700 |
Flying 450 Hours per Year | Flying 450 Hours per Year + 200 Charter Hours |
| Owner-operated hours | 450 | 450 |
| Charter-operated hours | – | 200 |
| Fuel Cost per-gallon | $4.25 | $4.25 |
| Fixed operation and maintenance cost | $706,946.00 | $-24,954.00 |
| Variable operation and maintenance cost | $1,660,725.00 | $1,660,725.00 |
| How much does a helicopter cost per year | $2,367,671.00 | $1,635,771.00 |
| Cost per hour | $5,261.49 | $3,635.05 |