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


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Gulfstream IV Operating Costs

Sample annual operating cost summary.
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Gulfstream IV Exterior

Annual Budget

The total annual budget for flying a Gulfstream IV private jet 200 hours per year is approximately $1,688,667 or $2,812,497 for flying 400 hours per year. The maximum speed of the Gulfstream IV is 552 mph, but with slower climb, cruise and descending speeds it is more likely to average 442 mph which would equate to an average cost per mile of approximately $19.12 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 $15.92.

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

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Cost to Purchase

How much does it cost to buy a Gulfstream IV? Prices range between $2,900,000 and $11,495,000 with 30 currently advertised for sale.

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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$740,352$1,480,704
Engine Overhaul$110,260$220,520
Misc Crew/Landing/Handling$80,000$160,000
Miscellaneous Variable$30,000$60,000
Total Direct Operating Costs (DOC)$1,123,831$2,247,661
Fixed Costs  
Crew Training$49,513$49,513
Jet Management$78,000$78,000
Miscellaneous Fixed$28,373$28,373
Total Fixed Costs$564,836$564,836
Total Annual Budget$1,688,667$2,812,497
Gulfstream IV Interior

How much can you save?

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