GULFSTREAM G550 Price and Operating Costs

Specifications
The GULFSTREAM G550, manufactured from 2003 - 2020, 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 6,328 NM/7,282 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 $18,252,916.67. A $8,927,000.00 loan over 120 months including $37195.83 per month in interest equates to a $447,632.94 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the GULFSTREAM G550 has total variable costs of $2,259,450.00, total fixed costs of $1,207,985.00, and an annual budget of $3,467,435.00. This breaks down to $7,705.41 per hour.