✈️ Gulfstream G550 Acquisition Cost

New Purchase Price: $54.5 million to $62 million, depending on configuration and options Air Charter 
Pre-Owned Price Range: $12.9 million to $32.5 million, based on age, condition, and total hours 


🔧 Gulfstream G550 Operating Costs

Fixed Annual Costs
Crew Salaries: $345,000 to $818,740
Crew Training: $104,000
Hangar Fees: $102,000 to $148,500
Insurance (Hull & Liability): $48,000 to $78,296 
Miscellaneous Fixed Costs: $317,518
Total Fixed Costs: Approximately $1.3 million to $1.36 million annually
Variable Operating Costs (Per Flight Hour)
Fuel Consumption: 420 to 438 gallons/hour
Fuel Cost: $2,751/hour at $5.00/gallon
Maintenance: $1,796/hour
Engine Reserves: $1,487/hour
Miscellaneous Variable Costs: $731/hour
Total Variable Costs: Approximately $6,765/hour


🛠️ Gulfstream G550 Maintenance & Parts Costs

Engine Overhaul: $200,000 to $400,000 annually, depending on usage
Major Inspection (Every 180 Months): $800,000 to $1.2 million
Cabin Window Replacement: Costs vary; FAA-certified replacements available
Spare Parts: Prices vary; Gulfstream offers price-matching on popular exchange parts


🛬 Airport Parking & Handling Fees

Landing Fees (Europe): €100 to €500 per landing
Parking Fees: €10 to €100 per hour
Handling Fees: €50 to €200 per occurrence
Security Fees: €10 to €50


📊 Annual Operating Cost Summary (Based on 300 Flight Hours)

Total Fixed Costs: $1,363,054
Total Variable Costs: $2,029,392
Total Annual Operating Cost: $3,392,446
Cost Per Flight Hour: Approximately $11,308

 

Read more about the Gulfstream G550