1958 In our first aircraft analysis, we examined the Grumman Gulfstream I (left) a few months before its first flight. The list price was $700,000, but we estimated the equipped price at $900,000. We figured the hourly operating cost at $365, based on a pilot salary of $16,000, a copilot salary of $8,000 and 27 cents per gallon for kerosene. The aircraft was certificated in June 1959. The JetStar 329 was the first business jet to grace our editorial pages. The equipped price was ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "40th Anniversary".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.