The Real Cost Of Owning a Gulfstream G700

private jets are becoming the favorite means of air travel for those who can afford them it's one of the most sought-after ways to travel with having an aircraft being one of the most sought after ways to travel the gulfstream g700 is one of the numerous opulent private jets available and owning one comes with various perks like dedicated use improved convenience and an unlimited number of flying hours the gulfstream g700 is one of the expensive private jets accessible without a doubt this is the true expense of owning a gulfstream g700 hello there and thank you for visiting our youtube channel let's take a look at what it costs to own a gulfstream g700 please hit the bell button like subscribe and share our channel and remain connected with us before we begin it really helps us in pushing our video to all of you through the youtube algorithm so without further ado let's get to the video it's no secret that in 2018 two of aviation's greatest names have been slugging it out in the sky for dominance the bombardier global 7500 has dethroned the gulfstream g650 as the world's most powerful business jet the 7500 had a long and successful run smashing records and impressing pilots and jet setters alike the gulfstream g700 topped our ranking of best aircraft of the year gulfstream on the other hand had no intentions of giving up the g700 a soon-to-be monster was unveiled with gulfstream seeking to become the world's biggest business jet manufacturer with it the gulfstream g700 is on exhibit at the national business aviation association's annual corporate aircraft show in las vegas powered by rolls-royce's pearl 700 engines these two engines each create over 18 000 pounds of thrust giving the plane plenty of power the pearls are upgraded adaptations of the engines used on the g650 series with a takeoff distance of slightly over 6000 feet and are cleaner and more efficient they increase thrust by 8 percent while using 3.5 percent less fuel and meet or exceed international noise and nitrous oxide emissions requirements in the air the all-new winglet assist minimizes drag the gulfstream g700 is able to access airports that its rivals are unable to the enormous jet will equal the g650s industry-leading maximum speed of mach 0.925 and can fly 7 500 nautical miles at mach 0.85 which is a little less than the bombardier's 7 700 nautical miles 200 miles isn't much of a difference when it comes to getting home thanks to honeywell's award-winning symmetry flight deck the aircraft will be pressurized to assure the industry's lowest cabin height less than 4000 feet at most cruising altitudes the g700 comes with advanced touchscreen controls for flight management communication weather forecasting and other activities keep listening until the conclusion because we'll discuss the actual price of hosting the world's greatest business dialogue the g700 excels in areas other than specifications the opulence is heightened by the cabin the gulfstream g700 promises more room in every dimension according to gulfstream president mark burns the g700 boasts the industry tallest widest and longest cabin on any private jet a bedroom with an ensuite is the ultimate luxury but on the g700 which is 57 feet long and 8 feet broad it's much more so the interior is spacious but it's the little details that set it different from every other business aircraft on paper the new gulfstream g700 the company's next biggest model boasts an additional 10 feet of internal room although the g650 does not look to be a large vehicle it was clear that the designers had carefully examined every inch of the interior space and layout the g700 includes a master suite with a spa shower that is equivalent to the global 7500 and it can be split into five living areas one more than the global 7500 in this cabin the g700 can accommodate up to 19 people the gulfstream g700 is a completely new advanced technology aircraft that redefines safety comfort and range at high speeds by combining the best aspects of our most innovative products with cutting edge technology gulfstream's president mark burns said when you choose to sleep in the main bedroom on an aircraft you will surely feel pampered with a push of a button the plane's smartphone app the bad smartphone mattress descends from recumbent seating into a full sleep position while the lights dimmed in tandem and the oval windows went from transparent to dark instantly transforming the softly lit room with equally soft music into a more luxe hotel than the all business lounge thanks to superb design intuition s-curves are softly interlaced into the chair ceiling and even the carpeting provides a soothing feeling of movement throughout what might otherwise be a cold dry machine the planked walnut and black ebony as well as the 20 massive panoramic oval windows that let in plenty of natural light add plenty of warmth to the ambiance as do the 20 massive panoramic oval windows that let in plenty of natural light however circadian lighting is also available to help you adjust to your destination seamlessly the curving geometry of the led lighting above the six-seat zone that transformed into a dining area kept the bulbs concealed in the rear on the g700 there are more mysteries to be discovered for starters a dining table that spans the length of the cabin is available for in-flight meals for up to six people with a built-in wireless charging for your iphones first and mainly the designers used casablanca marble for the gallery because well why not the gallery's clean color scheme black tinted cabinetry and leather covered couch give it an understated sophisticated look without losing openness or functionality a spacious fridge lots of storage and even a regular oven and microwave are included in the galley design instead of having trips served in the entertainment zone this might be the first business aircraft to let owners invite their own chefs on board to create meals from scratch a 43-inch screen rises from the credenza the lights and windows darken automatically and surround sound is transmitted via transducers concealed behind wall panels rather than speakers please consider liking and subscribing to our youtube channel as we reach the finish of the video the expense of processing such a beautiful private plane now comes into play to begin any affluent individual who wants to fly around the globe in a state-of-the-art private aircraft must first obtain 75 million dollars in order to acquire one gulfstream aerospace president mark burns wants the industry's tallest and biggest cabin as a consequence this gulfstream jet will compete with the bombardier global 7500 a 73 million dollar plane that is sold out until 2021 the first is the expense of the fuel which is one of the most expensive aspects of owning a private aircraft the gulfstream g700 is a huge jet that can burn through 380 gallons of gasoline per hour putting your minimum hourly fuel expenditures at nearly 850 the g700 can't fly itself yet as sophisticated as it is so if a g700 owner isn't trained to fly they'll need to hire an onboard crew including a pilot you can park your private jet in your garage unless you're john travalta whose home is a working airport with two runways for his private planes it will cost you around and the cost varies depending on the crew and the number of flying hours but they should expect to pay anywhere from two hundred thousand dollars per year now you can't park your private jet in your garage unless you're john travolta whose home is a working airport with two runways for his private planes while you spend a lot of money for your pleasure of owning a private plane it has to be properly maintained while it's not in use and hiring a private hangar for a big private jet such as the g700 costs fifty thousand dollars to sixty thousand dollars per year the cost of upkeep may vary depending on how the g700 is used so if you're considering purchasing one expect to spend between two to three million dollars every year to maintain it in top shape whether the price has you perplexed and you're wondering if anybody would want to purchase the world's biggest business jet there comes good news cutter airways which has bought 10 aircraft for its charter service branded called the f700 is the initial client and this is it for today guys what are your thoughts on today's video share with us in the comments below hit the bell icon and also like subscribe and share our channel and stay tuned with us till our next video we will see you soon with our next video so be with us and go watch the top 10 cheapest private jets you can buy today on your left or you can also watch the most expensive private jets owned by celebrities on your right thank you for watching

Channel: Fly Private

Views: 210

Keywords: fly private, private jet, private jets, how much does it cost to fly private, The Real Cost Of Owning a Gulfstream G700, The Real Cost Of Owning, Gulfstream G700, gulfstream g700 price, gulfstream g700 real cost, how much does it cost to own a gulfstreamG700

Id: m9RNdEN-Bys

Length: 9min 2sec (542 seconds)

Published: Tue Feb 01 2022