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GULFSTREAM G550

GULFSTREAM G550 Price and Operating Costs

Specifications

The GULFSTREAM G550, production in 2003-2019, requires a two man crew and can be configured in 18 seats. Maximum operating altitude of 51,000′, a optimal cruise speed of 488 knots/562 MPH, and a 6,328 NM/7,290 SM seats-full range. The GULFSTREAM G550 has a 6,045′ runway length (or runway plus clearway and/or stopway) and 2,800′ actual landing distance required. Cabin specifications: 06’02” cabin high, 07’04” cabin wide, and 50’01” cabin long. Maximum luggage capacity of 226.00 ft^3; 226.00 ft^3 being internal and N/A ft^3 being external.

Pricing

Average price for used aircraft GULFSTREAM G550 is $17,628,750.00. A $21,397,500.00 loan over 10 years including $89156.25 per month in interest equates to a $1,072,950.13 per-month payment. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the GULFSTREAM G550 has total variable costs of $1,756,687.50, total fixed costs of $716,808.00, and hypothetical summary cost of $2,473,495.50. How much does it cost to fly: $5,496.66 per hour.

Maximal total range:
6,328 NM / 7,290 SM
Cruise speed:
488 knots / 562 MPH
Average price:
$17,628,750.00
Number of passengers:
18 people

GULFSTREAM G550

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 $716,808.00 $-13,242.00
Variable operation and maintenance cost $1,756,687.50 $1,756,687.50
How much does a helicopter cost per year $2,473,495.50 $1,743,445.50
Cost per hour $5,496.66 $3,874.32

GULFSTREAM G550

High–low pricing
Highest Price $27,250,000.00
Lowest Price $12,995,000.00
Average Price $17,628,750.00
Avg. w/o High & Low $16,797,500.00

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