Gulfstream IV Acquisition, Maintenance, Operating Costs

✈️ Gulfstream IV Acquisition Cost

Original New Price (1980s–1990s): Approximately $28 million USD
Pre-Owned Market Price (2024): Approximately $2.5 million to $3.95 million USD, depending on year, total hours, and maintenance status

🔧 Gulfstream IV Operating Costs

Fixed Annual Costs (Based on 300 Flight Hours)
Crew Salaries: $670,670
Hangar Fees: $113,100
Hull Insurance: $5,621
Liability Insurance: $45,000
Miscellaneous Fixed Costs: $236,143
Total Fixed Costs: $1,070,534 annually

Variable Costs (Per Flight Hour)
Fuel Consumption: 540 gallons/hour
Fuel Cost (at $5.00 per gallon): $3,391/hour
Maintenance: $1,790/hour
Engine Reserves: $982/hour
Miscellaneous Variable Costs: $707/hour
Total Variable Costs: Approximately $6,870/hour

🛠️ Gulfstream IV Maintenance & Parts Costs

Engine Overhaul Interval: Approximately 7,000–8,000 hours
Engine Overhaul Cost: Approximately $1.2 million per engine
Annual Maintenance Costs: Approximately $500,000 to $1.5 million, depending on usage and condition

🛬 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 (Based on 300 Flight Hours)

Total Fixed Costs: $1,070,534
Total Variable Costs: $2,061,060
Total Annual Operating Cost: $3,131,594
Cost Per Flight Hour: Approximately $10,438/hour