✈️ Gulfstream V Acquisition Cost

Original New Price (Late 1990s): Approximately $36 million

USD Pre-Owned Market Price (2024): Approximately $7.5 million to $9.995 million USD, depending on year, total hours, and maintenance status

🔧 Gulfstream V Operating Costs

Fixed Annual Costs (Based on 200–400 Flight Hours)

Crew Salaries: $343,667

Crew Training: $73,866

Hangar Fees: $102,217

Insurance: $26,434

Jet Management: $78,000

Miscellaneous Fixed Costs: $28,491

Total Fixed Costs: $652,675 annually

Variable Costs (Per Flight Hour)

Fuel Consumption: Approximately 500 gallons/hour

Fuel Cost (at $7.23 per gallon): $3,615/hour

Maintenance: $730/hour

Engine Overhaul: $1,006/hour

Miscellaneous Variable Costs: $150/hour

Total Variable Costs: Approximately $5,501/hour

🛠️ Gulfstream V Maintenance & Parts Costs

Engine Overhaul Interval: Approximately 8,000 hours or 10 years, whichever comes first

Engine Overhaul Cost: Approximately $1.25 million per engine

Annual Maintenance Costs: Approximately $500,000 to $1.5 million, depending on usage

🛬 Airport & Handling Fees (Typical Heavy Jet Rates)

Landing Fees: $100 to $600 per landing, depending on airport

Parking Fees: $100 to $300 per day at major airports

FBO Handling Fees: $200 to $1,000 per stop (can be waived with fuel purchase)

Navigation Fees (Europe/Canada): $100 to $500 per flight

📊 Annual Operating Cost Summary

Total Fixed Costs: $652,675

Total Variable Costs (200 hours/year): $1,100,200

Total Annual Operating Cost (200 hours/year): $1,752,875

Cost Per Flight Hour: Approximately $8,764/hour