HangarMart
Back to the G500

G500 cost of ownership

What does it cost to own and operate the Gulfstream Aerospace G500? The calculator below estimates annual cost and fully-burdened cost per flight hour, pre-filled with assumptions typical for its class and fully editable to your operation.

Class
Business Jets
Engines
2 × Turbofan
Seats
19
Max range
5,200 nm

Your assumptions

Edit any field — the estimate updates instantly.

Cost per flight hour
$6,893
fully-burdened
Annual operating cost
$1,749,000
fixed + variable
Annual fixed cost
$545,000
Variable cost / hour
$3,010

Where the money goes (annual)

  • Other$1,387,293
  • Maintenance$520,000
  • Fuel$480,000
  • Crew$280,000
  • Insurance$90,000
Members & partners

The complete ownership & ROI analysis

The figures above are indicative. The complete model — built on verified data and current market pricing for a specific aircraft, and extended to financing, charter economics, a five-year projection and full ROI, NPV and IRR analysis — is prepared for our members and partners.

5-year ROI projection

Year-by-year cash flow, equity & ROI

Financing & amortization

Down payment, interest, balance owed, true cost of debt

Charter revenue & break-even

Utilisation, occupancy, break-even hours

NPV / IRR + client-ready PDF

Discounted returns and an exportable report

View membership plans

An account shows cost per flight hour and annual cost. Membership adds the five-year ROI, financing, charter economics, NPV/IRR and report exports.

These figures are indicative — class-typical starting values for the G500, not its price or a quotation. A precise, data-backed analysis with current market pricing is available through a HangarMart membership on the G500 page, or prepared with our advisors.

About the G500

The Gulfstream Aerospace G500 — part of the G500/G600 family — is a business jet aimed at private and corporate travel that values cabin comfort and speed. It entered service in 2018 and is now one of the more recent designs in its class, developed in the United States.

On performance, it offers a maximum range of about 5,200 nautical miles and a cruise of roughly 488 knots. It seats up to 19 passengers and is powered by 2 Pratt & Whitney Canada PW814GA engines.

Its 5,200 nm range makes it well matched to long-haul and transoceanic missions. It is flown by a two-pilot crew and is approved for IFR flight. Before committing to the G500, weigh it against the closest alternatives below and talk to an advisor about acquisition and operating costs.

G500 cost of ownership: FAQs

How much does it cost to own a G500?

Total cost of ownership for the G500 depends mostly on how much you fly it. The largest drivers are crew, the engine/maintenance program, fuel, insurance and hangarage. Enter your own annual hours in the calculator above for an estimated annual cost and a fully-burdened cost per flight hour, then talk to our advisors for a precise model built on current market data.

What is the G500's operating cost per flight hour?

Hourly cost is driven by fuel burn, engine and airframe maintenance programs, and reserves. As a business jets with turbofan powerplant, the G500 sits in that class's cost band — variable (hourly) costs rise with utilisation while fixed costs are spread across more hours. Use the calculator to see the cost per hour at your expected annual hours.

What are the biggest costs of owning a G500?

Ownership costs split into fixed costs that you pay regardless of flying (crew salaries, insurance, hangar, management and scheduled maintenance reserves) and variable costs that scale with hours flown (fuel, engine-program charges and maintenance). For a business jets like the G500, crew and the engine program are typically among the largest line items.

Is it cheaper to charter or to own a G500?

At low or variable annual utilisation, chartering or leasing is usually more economical because you avoid the fixed costs of ownership; above a breakeven level of annual hours, owning the G500 tends to win. Model your hours in the calculator, then compare against our charter and leasing options to find your breakeven.

Are these G500 cost figures exact?

No — the defaults are indicative, class-typical starting values, not the price of the G500 or a quotation. They are there so the estimate is sensible for the aircraft's class; adjust every input to your operation. A precise, data-backed ownership model with current market pricing is available through our acquisition advisory team.

Thinking about the G500?

Our advisory team can build a precise ownership model for the G500and tell you, independently, whether it's the right aircraft for your mission.

Acquisition advisory