How much it costs to own and operate a Global 5000 private jet

Loading

Got a question? 800-879-2345

Global 5000 Operating Costs

Sample annual operating cost summary.
Change Jet Type:
Global 5000 Exterior

Annual Budget

The total annual budget for flying a Global 5000 private jet 200 hours per year is approximately $1,482,697 or $2,272,015 for flying 400 hours per year. The maximum speed of the Global 5000 is 574 mph, but with slower climb, cruise and descending speeds it is more likely to average 459 mph which would equate to an average cost per mile of approximately $16.14 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 $12.37.

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.

Cost to Purchase

How much does it cost to buy a Bombardier Global 5000? Prices range between $11,250,000 and $31,995,000 with 48 currently advertised for sale.

View Bombardier Global 5000 private jets for sale

Global 5000 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.

Sample Operating Budget

Costflying 200 hours/yearflying 400 hours/year
Direct Operating Costs (DOC)  
Fuel Cost @ $4.40/gal Updated to Nat'l Avg Each Week$400,400$800,800
Maintenance$94,330$188,659
Engine Overhaul$184,589$369,178
Misc Crew/Landing/Handling$80,000$160,000
Miscellaneous Variable$30,000$60,000
Total Direct Operating Costs (DOC)$789,319$1,578,637
Fixed Costs  
Crew$345,030$345,030
Crew Training$98,874$98,874
Hangar$103,434$103,434
Insurance$39,435$39,435
Jet Management$78,000$78,000
Miscellaneous Fixed$28,605$28,605
Total Fixed Costs$693,378$693,378
Total Annual Budget$1,482,697$2,272,015