✈️ Gulfstream G500 Acquisition Cost

Original New Price (2018–Present): Approximately $45 million USD Simple Flying
Pre-Owned Market Price (2024): Approximately $12.5 million to $42 million USD, depending on year, total hours, and maintenance status


🔧 Gulfstream G500 Operating Costs

Fixed Annual Costs (Based on 300 Flight Hours)
Crew Salaries: $818,740
Hangar Fees: $129,600
Hull Insurance: $57,709G
Liability Insurance: $45,000
Miscellaneous Fixed Costs: $236,143
Total Fixed Costs: $1,287,192 annually


Variable Costs (Per Flight Hour)
Fuel Consumption: Approximately 455 gallons/hour
Fuel Cost (at $5.00 per gallon): $2,857/hour
Maintenance: $1,648/hour
Engine Reserves: $1,424/hour
Miscellaneous Variable Costs: $716/hour
Total Variable Costs: Approximately $6,645/hour


🛠️ Gulfstream G500 Maintenance & Parts Costs

Engine Overhaul Interval: Approximately 8,000 hoursAir Charter
Engine Overhaul Cost: Approximately $3.35 million per engine 
Mid-Life Inspection Interval: Approximately 4,000 hours
Mid-Life Inspection Cost: Approximately $1.675 million per engine


🛬 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: $1,287,192Guardian
Total Variable Costs: $1,993,620
Total Annual Operating Cost: $3,280,812
Cost Per Flight Hour: Approximately $10,936/hour