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Gulfstream G500 Operating Costs

The Gulfstream G500 represents a new era in the realm of business aviation, blending cutting-edge technology with exceptional comfort and efficiency. This aircraft is renowned for its impressive range of up to 5,200 nautical miles at Mach 0.85, allowing seamless travel between continents such as Los Angeles to London. The aircraft incurs significant operating costs, encompassing both direct and fixed expenses. Direct operating costs—such as fuel, maintenance, and crew salaries—scale with flight hours, leading to an estimated $1,813,601 annually for 200 hours and $2,934,438 for 400 hours. This equates to an hourly rate of approximately $9,068 at 200 hours and $7,336 at 400 hours. Fixed costs, including hangar fees, insurance, and management fees, remain stable at about $634,465 annually. Chartering the aircraft can offset some costs, reducing the owner’s total hourly expense, as the average hourly rental rate of the Gulfstream G500 is around $10,500 per hour.

Gulfstream G500 Budget

$1813601

Starting From*

*Average yearly budget for a Gulfstream G500 based on current fuel price and 450 hours flew per year.

Gulfstream G500 Costs

Discover the operating costs of a Gulfstream G500 before finding the jet that suits your needs:
Gulfstream G500

450 Hours per Year

Total Fixed Costs*

$692763

Total Variable Costs**

$1120837

Annual Budget

$1813601

Charter Revenue***

$287000

Hourly Cost

$9068

*Crew, Crew Training, Hangar, Insurance, Jet Management, Miscellaneous Fixed

**Fuel cost, Maintenance, Engine Overhaul, Misc Crew/Landing/Handling, Miscellaneous Variable

***200 hours of charter per year

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