NewsCommercial AviationHow Much Does It Cost To Own The New Gulfstream G700?

How Much Does It Cost To Own The New Gulfstream G700?

Gulfstream V is so Two Thousand And Late, G700 Is The Cool Jet To Have Now

If you are a mega wealthy member of the global community, there are a number of essentials. You have to have multiple mansions in desirable spots. You have to have a yacht. And you have to have a Gulfstream. Back in the early 2000s, buying a Gulfstream V was a status symbol. Then a G-6(50) was what Black Eyed Peas said was cool. Now there’s a new jet out there to prove your exuberance. The new and mighty Gulfstream G700.

What is the Gulfstream G700, You Ask?

It’s the new flagship jet built by the luxury aircraft builder. The Gulfstream G700 is the largest, fastest, and one of the longest range aircraft. It features up to five living areas, can comfortably fly 19 passengers in luxury accommodations and can sleep up to 13 passengers at any one time.

How far can it fly?

The jet can fly up to 7,750 nautical miles without a fuel stop. That’s enough to fly between the west coast of the US and all of Europe along with New York and Dubai. To be clear, it is not the longest range business jet in the world. That title belongs to the Global 7500 for a bit. The Gulfstream G800 also has a slightly longer range of 8,000nm. These standard bearers will eventually be bested by the massive Boeing 777x business jet when it enters service later this decade. That said, the G700 still has plenty of range to fly from business meetings to parties anywhere in the world.

How fast can it fly?

The G700’s is a speed demon. It’s top speed is M.935, besting its Global 7500 competitor by .01 mach. Long range cruise at M.85 is required to achieve its max range. At M.9, it can still fly over 6,000 nm.

How big is it?

The G700 is the largest jet Gulfstream has ever built. It measures 99.8 feet long, about as long as Boeing’s 737-200. It’s wingspan is 99.7 feet, just a few feet shorter than the venerable MD-80 wingspan of 107 feet.

But is it nice inside?

Do you even have to ask this question? Of course, this plane is built for billionaires. The jet features ten very large oval windows on each side of the jet. Inside the air is ultra purified with the cabin refreshing every 2-3 minutes. The spacious cabin features up to five separate cabins that can be customized to include a master bedroom, exercise suite, shower, and conference room along with high speed internet and as many high-def screens as you desire. If you don’t believe us, check out this video by Gulfstream.

How much does it cost?

Aircraft Cost Calculator estimates that the G700 costs $75 million dollars. If you fly 450 hours a year, it will set you back just over $4.1 million dollars a year with an average operating cost of just over $9,000 an hour. It’ll be difficult to get your hands on one of these jets though. Gulstream just began deliveries in April of 2024. So far only two are flying for their owners.

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