How much does a Gulfstream G550 cost?

The Gulfstream G550 costs between $14.50m for a 2003 model and $40m for a 2020 model, according to Aircraft Bluebook’s Spring 2023 data. These values represent averages for the model year. The sale price of a specific G550 could be above or below average for its model year, however, depending on a range of aircraft-specific factors, including how well the jet has been maintained, and how complete its logbooks are, whether it is enrolled on an aircraft maintenance program, and how close to the next overhaul or major inspection it is (among other things).Buyers and sellers set an ultimate sale price according to the specifics of the aircraft being purchased.

What competes with the Gulfstream G550?

Two other major players in the Ultra-Long-Range jet market compete with the Gulfstream G550 (other than the previously-mentioned G600). These include the Bombardier Global 5500 and the Dassault Falcon 8X.The Global 6500 has a shorter range of approximately 6,000nm but can accommodate up to 16 passengers, while the Falcon 8X can reach out to 6,450nm and also has capacity for up to 16 passengers.

What makes the Gulfstream G550 stand out?

The G550 was the first of Gulfstream’s product line to offer the company’s PlaneView flight deck. Gulfstream also emphasises the aircraft’s speed of up to Mach 0.885, with the aircraft having established almost 60 speed records over the years. Ultimately, travellers aboard the G550 can cover long distances, quickly.

What is the difference between a Gulfstream G550 and a Gulfstream G600?

The Gulfstream G600 has a slightly shorter range of 6,600nm than the G550, but also accommodates a maximum of 19 passengers.However, the technology aboard the G600 is naturally newer, including Gulfstream Symmetry Flight Deck avionics, and two Pratt & Whitney PW800-series engines.