GULFSTREAM G500 Price and Operating Costs
Specifications
The GULFSTREAM G500, production in 2017-2019, requires a two man crew and can be configured in 19 seats. Maximum operating altitude of 51,000′, a optimal cruise speed of 515 knots/592 MPH, and a 4,600 NM/5,294 SM seats-full range. The GULFSTREAM G500 has a 5,385′ runway length (or runway plus clearway and/or stopway) and 3,100′ actual landing distance required. Cabin specifications: 06’04” cabin high, 07’11” cabin wide, and 41’06” cabin long. Maximum luggage capacity of 175.00 ft^3; 175.00 ft^3 being internal and N/A ft^3 being external.
Pricing
Average price for used aircraft GULFSTREAM G500 is $42,240,000.00. A $21,120,000.00 loan over 10 years including $88000 per month in interest equates to a $1,059,035.25 per-month payment. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the GULFSTREAM G500 has total variable costs of $1,522,575.00, total fixed costs of $691,941.00, and hypothetical summary cost of $2,214,516.00. How much does it cost to fly: $4,921.15 per hour.
Maximal total range:
4,600 NM / 5,294 SM
Cruise speed:
515 knots / 592 MPH
Average price:
$42,240,000.00
Number of passengers:
19 people
GULFSTREAM G500 |
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 | $691,941.00 | $-140,759.00 |
| Variable operation and maintenance cost | $1,522,575.00 | $1,522,575.00 |
| How much does a helicopter cost per year | $2,214,516.00 | $1,381,816.00 |
| Cost per hour | $4,921.15 | $3,070.70 |