The True Operating Cost of Gulfstream G200
The Gulfstream G200 is a proven super-midsize business jet offering eight-seat configuration, intercontinental range, and legendary reliability. Plan for $260,000–$310,000 annually in operating costs at 100 flight hours, or $2,600–$3,100 per hour. The G200 delivers consistent performance and proven economics for charter, corporate, and demanding operators worldwide.
Quick Specs: Gulfstream G200
| Specification | G200 |
|---|---|
| Engines | 2 × Rolls-Royce Tay (13,850 lbf thrust each) |
| Fuel Burn | 280–320 gal/hr cruise |
| Cruise Speed | 520–550 mph |
| Service Ceiling | 51,000 ft |
| Useful Load | 4,500–5,000 lbs |
| Seats | 8 |
| Range | 4,000+ nm |
TL;DR: Gulfstream G200 Annual Operating Cost Summary
- Fixed costs: $130,000–$160,000/year (insurance $20,000–$28,000, hangar $20,000–$24,000, annuals $18,000–$24,000, crew training)
- Variable costs at 100 hours: $130,000–$150,000/year (Jet-A fuel, oils, engine reserves)
- Total at 100 hours: $260,000–$310,000/year (~$2,600–$3,100/hour)
- Finance a $9,500,000 G200: Add $140,000/month ($1,680,000/year) at 6.5% over 10 years
- At 50 hours: ~$225,000–$270,000/year (~$4,500–$5,400/hour)
- At 200 hours: ~$395,000–$470,000/year (~$1,975–$2,350/hour)
Super-Midsize Business Jet Operating Costs
Fixed Costs
- Insurance: $20,000–$28,000/year for $9,000,000–$11,000,000 hull with 500+ pilot hours
- Hangar: $20,000–$24,000/year (premium super-midsize facility)
- Annual inspection: $18,000–$24,000 labor (super-midsize complexity)
- Crew training/proficiency: $8,000–$12,000/year
Variable Costs (per flight hour)
- Jet-A fuel: 300 gal/hr × $5.50/gal = ~$1,650/hour
- Oil and lubricants: $22–$28/hour
- Engine reserves: $36–$44/hour ($100K per engine ÷ 5,000 TBO × 2)
- APU maintenance: $28–$38/hour
- Avionics/systems: $165–$200/hour (glass cockpit)
- Landing fees (super-midsize): $220–$450/landing
Jet Fuel & Operating Economics
Fuel Cost by Hours
| Annual Hours | Gallons Jet-A | Cost @ $5.50/gal | $/Hour |
|---|---|---|---|
| 50 | 15,000 | $82,500 | $1,650 |
| 100 | 30,000 | $165,000 | $1,650 |
| 150 | 45,000 | $247,500 | $1,650 |
| 200 | 60,000 | $330,000 | $1,650 |
Maintenance & Engine Reserves
Rolls-Royce Tay Engines
- Tay: 5,000 hours TBO (proven turbofan)
- Overhaul cost: $100,000–$120,000 per engine
- Combined reserve: $220,000 ÷ 5,000 = $44/hour
- Reliability: Excellent track record in commercial and business aviation
Super-Midsize Jet Maintenance
- APU maintenance: $14,000–$18,000/year
- Air conditioning/environmental: $10,000–$14,000/year
- Avionics software updates: $8,000–$11,000/year
- Pressurization and systems: $9,000–$13,000/year
- Budget: $190–$230/hour for all maintenance
Insurance & Storage
Super-Midsize Jet Insurance
- $9,000,000 hull, 500+ hours, jet-rated: $21,000–$25,000/year
- $11,000,000 hull, 100–250 hours: $27,000–$32,000/year
- International charter: +60–85% premium
Storage Costs
| Option | Monthly | Annual |
|---|---|---|
| Premium Jet Hangar | $1,670–$2,000 | $20,000–$24,000 |
| Tie-Down (Not recommended) | $900–$1,400 | $10,800–$16,800 |
Annual Ownership Scenarios
Operating Cost (Not Financed)
| Hours/Year | Fixed | Variable | Total | $/Hour |
|---|---|---|---|---|
| 50 | $145,000 | $165,000 | $310,000 | $6,200 |
| 100 | $145,000 | $330,000 | $475,000 | $4,750 |
| 200 | $145,000 | $660,000 | $805,000 | $4,025 |
Total Cost of Ownership (With Financing)
Assume $9,500,000 Gulfstream G200, 6.5% APR, 10 years = $1,680,000/year debt service.
| Hours/Year | Operating | Finance | Total | $/Hour |
|---|---|---|---|---|
| 100 | $475,000 | $1,680,000 | $2,155,000 | $21,550 |
| 200 | $805,000 | $1,680,000 | $2,485,000 | $12,425 |
Financing the Gulfstream G200
- Purchase price: $7,000,000–$12,000,000 (depends on year, avionics, hours)
- Down payment: 15–20%
- Loan amount: $6,500,000–$10,500,000
- Term: 10–15 years
- APR: 5.75–7.0% (2025)
- Monthly payment: $125,000–$205,000
Lender Requirements: 650+ credit, commercial/ATP rated, $2,000,000+ annual income, comprehensive business plan, hull insurance $9M+. Lenders like JakenAviation specialize in super-midsize jet financing for corporations and charter operators.
Gulfstream G200 vs. Competitors
- vs. Gulfstream G150: G200 older proven platform; G150 newer and more efficient
- vs. Bombardier Challenger 300: G200 faster and more compact; Challenger 300 larger cabin
- vs. Hawker 4000: Hawker faster and longer-range; G200 more economical
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Sources: Gulfstream Aircraft Specs | AOPA Owner Reports | FAA TCDS