The Gulfstream G280 has rapidly become the super mid-size private jet of choice since its launch in 2011. This is the ultimate option for long-distance travel thanks to its interior cabin elegance, capacity for ten passengers, and superior range.

Now entering its 14th year of production, there are more than 230 G280 jets in the skies today. It’s been meticulously designed to optimize the ride, including two high-thrust engines and the lowest interior cabin altitude in its class, all while maintaining excellent fuel efficiency.

With Volato set to accept delivery of its new fleet in 2024, now is the perfect time to explore the Gulfstream G280 price, specifications, performance, and paths to ownership.

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G280 pricing, performance, & specifications.

Pricing

Performance

Specifications

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Factors influencing Gulfstream G280 pricing.

How much does a Gulfstream cost? Price starts with the investment in the G280 base model — $25 million — and is then layered with optional design customizations, add-on features, and the ongoing operational costs associated with jet ownership.

Here are the major considerations for anyone investigating the specifics of a Gulfstream G280 price.

Base aircraft cost

A 2024 Gulfstream G280 price starts at $25 million. This is the initial upfront investment for the base model. Customizations, extras, and operational costs are separate.

Interior customization options

Owners of this super mid-size jet will find a lot of interior cabin space to play with in terms of amenities and customizations. Gulfstream offers four design configurations. Beyond the standard fully enclosed lavatory and galley, options include two separate living areas, a couch configuration, and sleeping space for up to five passengers.

But it’s always possible to go beyond the base designs into a more extravagant interior. Private jet interior designers can take your cabin to new heights with high-end finishings, including cabinetry, seating, accessories, and special touches like monograms and upgraded entertainment systems.

Avionics and technology upgrades

The G280 has Two Honeywell HTF7250G engines and uses the PlaneView 280 avionics(a system based on Collins Aerospace Pro Line Fusion technology). The jet comes equipped with standard autothrottle and auto-brake systems as well.

Since its inception, Gulfstream has continued improving the foundational technologies powering this executive aircraft. The latest G280 models feature SiriusXM graphical weather and surface management systems.

Gulfstream also recently announced a plasma ionization clean air system for the cabin. “While the aircraft already has a 100%-fresh-air environment,” according to GlobalAir, “this system has proven lab tests to neutralize pathogens and allergens.”

These avionics and technology upgrades contribute to the higher cost of a brand-new G280 compared with older models.

Maintenance and Gulfstream G280 operating costs

All of the above are standard capital expenses associated with the purchase and customization of the aircraft. But, as with any vehicle, there are ongoing operational expenses, including maintenance, insurance, storage, fuel, management fees, and crew, just to name a few.

For example, the G280 requires two pilots and, typically, at least one flight attendant. As the owner, you’ll be responsible for the estimated crew costs starting at $270,000.

Hangarage is a secondary consideration. This is the storage of your craft when not in use.

Approximate Gulfstream G280 annual costs for hangarage are $43,000 to 53,000, although this will depend on the hangar location. Insurance options vary widely depending on type and coverage, but you can expect $30,000 at the bare minimum.

Whether or not you choose to fly, these are the costs you’ll incur. Once you fly, you’ll also have to pay for fuel, airport fees, maintenance, regular inspections, repairs, and more. These are highly variable and, therefore, difficult to quantify.

All told, your fixed operational expenses will come to more than $500,000 a year for the Gulfstream G280. That is, unless you choose a fractional ownership model, where the expenses are divided among owners and charged as a consistent monthly handling fee through a management company like Volato. A third option, chartering, avoids the expenses and hassle of ownership altogether.

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Owning vs. chartering a Gulfstream G280.

Comparative Analysis

Full ownership sits at one end and chartering at the other on the spectrum of private jet travel options. Ownership facilitates freedom and the ultimate discretion but comes at a greater investment cost. Gulfstream G280 charter costs are much more affordable, yet you’ll need to be more flexible with your travel schedule.

What’s the best option? The decision boils down to travel lifestyle, financial status, and personal preference.

Cost breakdown

At first glance, ownership offers a much lower occupied hourly fee than charter, but this variable doesn’t reflect the costs associated with capital investment and operational expenses.

A Gulfstream G280 charter is more expensive on an hourly basis but requires no upfront investment in the aircraft itself or for ongoing maintenance, insurance, and labor.

Travel advantages

Chartering offers more flexibility than flying commercial but without the long-term commitment required for full ownership. It’s a pay-as-you-go model where you aren’t responsible for all Gulfstream G280 maintenance costs, and you can easily switch jet types or even charter companies depending on each mission’s needs.

Chartering a G280 is especially appealing for anyone who prioritizes flexibility in departure location. Not to mention, there are no upfront investment considerations. As the owner, you assume all maintenance and crew management responsibilities.

However ownership does come with certain advantages that aren’t available via the chartering model. For starters, your jet will always be available, even if you need to leave at a moment’s notice. You’ll also be guaranteed the utmost privacy as you crisscross the country.

Chartering is about flexibility and minimal financial commitment but comes with possible restrictions to scheduling and availability. In contrast, ownership is about personalization and unlimited accessibility, albeit with added responsibilities.

Considerations for frequent fliers

The balance of cost considerations realistically depends on the frequency of use. For example, chartering makes sense if you typically take only a few private flights a year. It’s all the benefits of private jet travel without the overhead.

But, with a chartered Gulfstream G280 cost per hour being three to four times greater than with ownership, the chartering will quickly add up if you are a frequent flier. As an owner, the more you fly, the more the Gulfstream annual cost works out in your favor.

Plus, as a frequent flier, it’s not just the Gulfstream G280 price per hour worth considering. If you need a jet ready at the drop of a hat, travel during holidays, or simply want consistency from one flight to the next, the ownership model may be the better choice.

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Is the Gulfstream G280 worth the investment?

There is a reason why the Gulfstream G280 is the leading super mid-size jet in the world. Its intercontinental range, its fuel efficiency, and its sleek interior are all features that make it the option of choice for jet setters and executives.

But is it worth it?

Assessing the value proposition of a Gulfstream G280

What makes the G280 one of the most sought-after executive private jets in the world? Its value proposition is the cabin experience, advanced avionics, and industry-leading performance specs.

Let’s start with the cabin. As one of the largest in its class, the G280 cabin boasts several different iterations, including seating for up to ten passengers and the potential to sleep up to five. Plus, it has a 6’1″ ceiling, may contain two separate living spaces, and offers in-flight baggage accessibility. The cabin also maintains a low altitude cabin throughout your flight.

Aviation geeks and pilots appreciate the advanced avionics and technologies of the G280. It has PlaneView 280 avionics, autothrottle, and auto brakes, among other advanced piloting systems, to ensure every flight is a safe one.

Then, it’s the jet’s performance specs that prove its value. With a range of 3,600 nm, the G280 can fly nonstop from London to New York or Hong Kong to Brisbane. It has a high cruising speed of Mach 0.84 and clean wing technology to lift passengers beyond the turbulence.

It’s also one of the most sought-after jets for charter companies. As an owner, this means you can easily increase your ROI through chartering agreements with private jet aircraft management companies.

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Why Gulfstream G280?*

• As stated to Corporate Jet Investor

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FAQs.

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Gulfstream G280: The super mid-size private jet of choice among globetrotters.

Since its release in 2011, the Gulfstream G280 has easily emerged as the industry-leading super mid-sized jet. With its impressive performance, range, and meticulously designed interiors, the G280 is an unparalleled in-flight experience.

Whether opting for full ownership, a fractional share, or simply chartering, the G280 is the quintessential choice for larger parties, more cabin space, and range.

For frequent flyers, businesses, and individuals who prioritize comfort and privacy, the G280 stands out.

Interested in learning more about Volato’s new fleet of Gulfstream G280s? Contact our team today.