Gulfstream G-V

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2801 PGA Blvd, Suite 220
Palm Beach Gardens, FL 33410
Office:
+1 (561)-691-3545
+1 (310)-980-9069
Fax:
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Gulfstream G-V

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Gulfstream G-V Specifications
Passenger Capacity:
13
Baggage Capacity:
226 ft3
Airspeed (knots):
508
Cabin Width:
7' 4"
Cabin Length:
50' 1"
Cabin Height:
6' 2"
Lavatory:
Full
Range (nm):
5000

Gulfstream G-V

The Gulfstream G-V arrived as the first true long-range business jet with the most dramatic demonstration of its market acceptance and value being that a used G-V increased in price by 18 percent, such that a new G-V which sold in 2002 for $43.2 million new commanded $45.5 million on the used market. These planes created a seller’s market due to its direct operating costs of just over $10 a mile and annual costs for 400 hours (not including depreciation) of almost $3 million.

Gulfstream G-V Development

The G-V was developed while Gulfstream was in significant internal organizational and financial turmoil and bare-knuckle external competition with Bombardier and Dassault. Between 1985 and 1990, the company had 3 owners and during its development the company’s cash reserves dwindled to less than 90 days’ worth. In 1993 the founder of a New York private equity firm, took over as Gulfstream’s chairman while he never ran a company before.

Gulfstream G-V Flight

Even before the G-V made its first flight in November 1995, Gulfstream had turned the corner by cutting costs, increasing productivity and a growing order book, it already achieved a modest 5 percent profit in 1994 when it received an unusually large $500 million order from the parent company of NetJets.

Gulfstream G-V Risks

The G-V still remains a technical and financial risk with new avionics and engines, a longer wing, a stretched fuselage and longer range–6,500 nautical miles (1,700 more than the GIV-SP) with 8 passengers and 4 crew members. The question remains if enough customers would order the $37.5 million (1996 dollars) G-V to make the program a success.

Gulfstream G-V Outlook

Technologically, the airplane was impressive, as evidenced by a 1997 award of the National Aeronautic Association’s Collier Trophy for aeronautical achievement, with its featured 6-screen, well-advanced Honeywell digital avionics system, even by today’s standards.

Private Jets For Sale

Get Exclusive Reports on 17  G-V aircraft worldwide
1999 GULFSTREAM G-V
  • Price: MAKE OFFER
  • Total Time: 5,686 Hours
  • Serial Number: 
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1999 GULFSTREAM G-V
  • Price: MAKE OFFER
  • Total Time: 5,686 Hours
  • Serial Number: 
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1997 GULFSTREAM G-V
  • Price: $14,990,000
  • Total Time: 5,689 Hours
  • Serial Number: 
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1997 GULFSTREAM G-V
  • Price: $14,990,000
  • Total Time: 5,689 Hours
  • Serial Number: 
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1999 GULFSTREAM G-V
  • Price: MAKE OFFER
  • Total Time: 7,039 Hours
  • Serial Number: 
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1999 GULFSTREAM G-V
  • Price: MAKE OFFER
  • Total Time: 7,039 Hours
  • Serial Number: 
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1999 GULFSTREAM G-V
  • Price: $14,500,000
  • Total Time: 6,393 Hours
  • Serial Number: 
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1999 GULFSTREAM G-V
  • Price: $14,500,000
  • Total Time: 6,393 Hours
  • Serial Number: 
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2000 GULFSTREAM G-V
  • Price: $13,750,000
  • Total Time: 10,137 Hours
  • Serial Number: 
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2000 GULFSTREAM G-V
  • Price: $13,750,000
  • Total Time: 10,137 Hours
  • Serial Number: 
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2000 GULFSTREAM G-V
  • Price: $15,000,000
  • Total Time: 5,087 Hours
  • Serial Number: 
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2000 GULFSTREAM G-V
  • Price: $15,000,000
  • Total Time: 5,087 Hours
  • Serial Number: 
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1999 GULFSTREAM G-V
  • Price: $15,995,000
  • Total Time: 6,906 Hours
  • Serial Number: 
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1999 GULFSTREAM G-V
  • Price: $15,995,000
  • Total Time: 6,906 Hours
  • Serial Number: 
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2000 GULFSTREAM G-V
  • Price: MAKE OFFER
  • Total Time: 7,683 Hours
  • Serial Number: 
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2000 GULFSTREAM G-V
  • Price: MAKE OFFER
  • Total Time: 7,683 Hours
  • Serial Number: 
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1999 GULFSTREAM G-V
  • Price: $14,950,000
  • Total Time: 6,498 Hours
  • Serial Number: 
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1999 GULFSTREAM G-V
  • Price: $14,950,000
  • Total Time: 6,498 Hours
  • Serial Number: 
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2000 GULFSTREAM G-V
  • Price: $14,500,000
  • Total Time: 5,957 Hours
  • Serial Number: 
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2000 GULFSTREAM G-V
  • Price: $14,500,000
  • Total Time: 5,957 Hours
  • Serial Number: 
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2000 GULFSTREAM G-V
  • Price: $15,700,000
  • Total Time: 5,869 Hours
  • Serial Number: 
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2000 GULFSTREAM G-V
  • Price: $15,700,000
  • Total Time: 5,869 Hours
  • Serial Number: 
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2001 GULFSTREAM G-V
  • Price: $14,000,000
  • Total Time: 7,555 Hours
  • Serial Number: 
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2001 GULFSTREAM G-V
  • Price: $14,000,000
  • Total Time: 7,555 Hours
  • Serial Number: 
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2001 GULFSTREAM G-V
  • Price: $12,900,000
  • Total Time: 12,272 Hours
  • Serial Number: 
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2001 GULFSTREAM G-V
  • Price: $12,900,000
  • Total Time: 12,272 Hours
  • Serial Number: 
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2002 GULFSTREAM G-V
  • Price: MAKE OFFER
  • Total Time: 0 Hours
  • Serial Number: 
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2002 GULFSTREAM G-V
  • Price: MAKE OFFER
  • Total Time: 0 Hours
  • Serial Number: 
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2002 GULFSTREAM G-V
  • Price: MAKE OFFER
  • Total Time: 6,136 Hours
  • Serial Number: 
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2002 GULFSTREAM G-V
  • Price: MAKE OFFER
  • Total Time: 6,136 Hours
  • Serial Number: 
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2001 GULFSTREAM G-V
  • Price: $12,900,000
  • Total Time: 11,121 Hours
  • Serial Number: 
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2001 GULFSTREAM G-V
  • Price: $12,900,000
  • Total Time: 11,121 Hours
  • Serial Number: 
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2002 GULFSTREAM G-V
  • Price: $15,800,000
  • Total Time: 5,101 Hours
  • Serial Number: 
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2002 GULFSTREAM G-V
  • Price: $15,800,000
  • Total Time: 5,101 Hours
  • Serial Number: 
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