How much it costs to own and operate a Gulfstream G200 private jet


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Gulfstream G200 Operating Costs

Sample annual operating cost summary.
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Gulfstream G200 Exterior

Annual Budget

The total annual budget for flying a Gulfstream G200 private jet 200 hours per year is approximately $1,078,813 or $1,632,232 for flying 400 hours per year. The maximum speed of the Gulfstream G200 is 541 mph, but with slower climb, cruise and descending speeds it is more likely to average 433 mph which would equate to an average cost per mile of approximately $12.46 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 $9.43.

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 G200? Prices today are around $2,750,000 with 19 currently advertised for sale.

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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$264,880$529,760
Engine Overhaul$126,089$252,178
Misc Crew/Landing/Handling$70,000$140,000
Miscellaneous Variable$10,000$20,000
Total Direct Operating Costs (DOC)$553,419$1,106,839
Fixed Costs  
Crew Training$53,810$53,810
Jet Management$78,000$78,000
Miscellaneous Fixed$24,902$24,902
Total Fixed Costs$525,393$525,393
Total Annual Budget$1,078,813$1,632,232
Gulfstream G200 Interior

How much can you save?

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