For as little as $14 million, you can buy an early serial number 2003 Gulfstream G550, a large-cabin business aircraft that is capable of flying eight passengers more than 6,700 nm. These jets sold new for more than $45 million.
There now are more than 460 Gulfstream G550 business jets in service and operators say it's a top performer, a versatile workhorse offering solid dispatch reliability and backed by unmatched product support.
What are the driving factors that affect the value of a business aircraft, such as the Gulfstream G550? Using a G550 with an in-service and Certificate of Airworthiness date of 2007, a microeconomic review shows what impacts value for this aircraft.
