How much it costs to own and operate a Gulfstream IISP private jet


Have a question? 800-879-2345

Gulfstream IISP Operating Costs

Sample annual operating cost summary.
Change Jet Type:
Gulfstream IISP Exterior

Annual Budget

The total annual budget for flying a Gulfstream IISP private jet 200 hours per year is approximately $2,035,445 or $3,543,070 for flying 400 hours per year. The maximum speed of the Gulfstream IISP is 581 mph, but with slower climb, cruise and descending speeds it is more likely to average 465 mph which would equate to an average cost per mile of approximately $21.90 at 200 hours per year. If you fly 400 hours per year, you can spread the total fixed costs over more flight hours which reduces your cost per mile to $19.06.

These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.)

In the market to buy, sell or manage a jet you own? Please contact a Jet Advisors for a free consultation and estimate. Liberty Jet offers Jet Management, Private Jet Cards and Private Jet Charter services.

Sample Operating Budget

Costflying 200 hours/yearflying 400 hours/year
Direct Operating Costs (DOC)  
Fuel Cost @ $7.23/gal Updated to Nat'l Avg Each Week$837,234$1,674,468
Engine Overhaul$180,449$360,899
Misc Crew/Landing/Handling$80,000$160,000
Miscellaneous Variable$30,000$60,000
Total Direct Operating Costs (DOC)$1,507,625$3,015,250
Fixed Costs  
Crew Training$35,129$35,129
Jet Management$78,000$78,000
Miscellaneous Fixed$28,436$28,436
Total Fixed Costs$527,820$527,820
Total Annual Budget$2,035,445$3,543,070
Gulfstream IISP Interior

How much can you save?

Get a FREE Consultation and Evaluation Own a Jet? Liberty Jet can save you thousands each year. Send us your contact details below and we will send you a free evaluation. See our Jet Management sample proposal to see how much you can save.