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Gulfstream G450 Operating Costs

Sample annual operating cost summary.

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Annual Budget

The total annual budget for flying a Gulfstream G450 private jet 200 hours per year is approximately $1,588,600 or $2,509,200 for flying 400 hours per year. The maximum speed of the Gulfstream G450 is 605 mph, but with slower climb, cruise and descending speeds it is more likely to average 484 mph which would equate to an average cost per mile of approximately $16.41 at 200 hours per year. If you fly 400 hours per year, you can spread the total fixed costs over more flight hours which reduces your cost per mile to $12.96.

These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.)

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Sample Operating Budget

Cost	flying 200 hours/year	flying 400 hours/year
Direct Operating Costs (DOC)
Fuel Cost @ $7.23/gal Updated to Nat'l Avg Each Week	$578,400	$1,156,800
Maintenance	$84,400	$168,800
Engine Overhaul	$147,800	$295,600
Misc Crew/Landing/Handling	$80,000	$160,000
Miscellaneous Variable	$30,000	$60,000
Total Direct Operating Costs (DOC)	$920,600	$1,841,200
Fixed Costs
Crew	$308,000	$308,000
Crew Training	$105,000	$105,000
Hangar	$79,000	$79,000
Insurance	$33,000	$33,000
Jet Management	$78,000	$78,000
Miscellaneous Fixed	$65,000	$65,000
Total Fixed Costs	$668,000	$668,000
Total Annual Budget	$1,588,600	$2,509,200

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