The Gulfstream G550 is an ultra-long-range business jet that has become a principal factor at the top end of private jet aviation since its introduction in 2003. This comprehensive guide will explore the aircraft’s essential features, performance capabilities, and market position.
An overview of the Gulfstream G550
The Gulfstream G550, also known by its certification designation GVSP, is an upgraded version of the Gulfstream V. It was designed to compete in the heavy iron category of business jets and has been highly successful, with over 600 aircraft produced during its production run from 2003 to 2021.
The G550’s cabin is a significant selling point, offering space and luxury. But that’s not all. The Gulfstream G550 represents a considerable evolution from its predecessor, the Gulfstream GV, with many improvements.
Its range is increased to 6,750 NM at Mach 0.80, surpassing the GV’s range of 6,500 nautical miles. The extended range allows the G550 to complete longer intercontinental flights non-stop. The G550 also boasts enhanced cabin space.
Gulfstream made significant modifications to make the G550’s cabin more space efficient, such as moving the main entry door two feet forward and installing an avionics system with a smaller footprint. The alterations created 58 cubic feet more cabin space than the GV.
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Gulfstream G550 Cabin Features |
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|---|---|
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Cabin Dimensions |
50.1 ft long, 6.2 ft high, and 7.4 ft wide |
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Passenger Capacity |
Typically configured for 810 passengers in an executive arrangement, but can accommodate up to 19 in high-density configurations |
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Cabin Zones |
Usually divided into three distinct areas |
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Amenities |
A lavatory with shower, a conference/dining room, multiple workstations, and a crew rest area |
The G550’s cabin design prioritizes comfort and functionality, with strategically placed windows and doors to maximize usable space. As a result of the cabin modifications, the G550 features two additional windows compared to the GV, enhancing natural light and passenger comfort.
Engineers also made drag-reducing modifications to the G550 airframe, including reconfiguring the cabin pressurization outflow valve to provide additional thrust and changing the wing contour to a more blunt design.
Photo: Fasttailwind | Shutterstock
Aircraft performance
The G550 has impressive performance metrics:
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G550 Performance |
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|---|---|
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Range |
6,750 NM (12,501 km) at Mach 0.80 |
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Maximum Speed |
Mach 0.885 (584 mph) |
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Cruise Speed |
Mach 0.80 to 0.85 for long-range flights |
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Maximum Operating Altitude |
51,000 ft |
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Takeoff Distance |
5,910 ft at Maximum Gross Takeoff Weight |
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Landing Distance |
2,770 feet at Maximum Landing Weight |
Power plant and efficiency
Two Rolls-Royce BR710 C411 turbofan engines, each producing 15,385 pounds of thrust, power the G550. These engines contribute to the G550’s exceptional range and speed while maintaining fuel efficiency. Compared to its predecessor, the G550 burns an average of 50 gallons per hour less fuel.
Avionics and advanced technology
The G550 features the advanced PlaneView avionics suite, a version of Honeywell’s Primus Epic system. This glass cockpit includes four flat panel displays and an interactive navigation system (INAV), providing pilots with enhanced situational awareness and flight planning capabilities.
The G550 features Gulfstream’s PlaneView cockpit, which combines:
- Honeywell Primus Epic avionics suite
- Four 14-inch flat-panel displays
- Cursor control devices for improved interface
- Head-up display (HUD) for enhanced situational awareness
- Enhanced vision system for improved visibility in low-light conditions
- Interactive navigation system (INAV) for real-time flight planning adjustments
Market position and competition
The G550 competes in the ultra-long-range business jet category against aircraft such as the Bombardier Global 6000, Dassault Falcon 7X, and Gulfstream G500 and G650.
As of 2024, the G550 remains a popular choice in the preowned market, with approximately 10% of the fleet (61 aircraft) available for sale. Some of the motives for sales are introducing new designs by the major OEMs, including newer Gulfstream models G700 and G800.
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The jet boasts a combination of range, performance, and luxury – and is favored among business, government, and even the military.
Operating costs
Operating a G550 involves significant expenses.
- Hourly Operating Cost: Approximately $6,764.64 (based on 300 hours per year
- Annual Fixed Costs: Around $1,365,346
- Fuel Consumption: 438 gallons per hour
- Engine Overhaul: Approximately $5,300,000 every 8,000 hours
Investment considerations
For potential buyers and investors, the typical price and indirect costs are:
- Price Range: $11,950,000 to $35,500,000 (as of 2024, depending on age and condition)
- Annual Depreciation: Approximately 8% per year
- Total Cost of Operation: Estimated at $5,292,738 annually (based on 300 flight hours).
Three hundred flight hours per year is a standard private jet ownership and flying metric. Some owners fly more, particularly those whose jets are on leaseback or operate in the on-demand arena. However, it is essential to note that most private jets will not reach the mandatory engine overhaul time limit in less than 20 years. A prorated time remaining for TBO is generally a factor in the price of a pre-owned aircraft.
The Gulfstream G550 has established itself as an ultra-long-range business jet market leader. Its range, speed, cabin comfort, and advanced technology have made it a favorite among corporations and high-net-worth individuals. While operating costs are substantial, the G550’s capabilities and prestige make it an attractive option in private jet aviation.
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