Gulfstream G700: Buyer’s and Investor’s Guide

Alud Davies
By Alud Davies November 14, 2019 14:44

Gulfstream G700: Buyer’s and Investor’s Guide

Pros:

Longest, widest cabin out there

Cons:

Cost, at $75m it is $3m more expensive than the nearest rival

About

Although many aircraft claim to be ‘game-changers’, few could really carry the title as well as the G700s predecessor the G650. So, the G700 has a lot to live up to, even if it is not meant to be a direct replacement for the G650.

Gulfstream says that it has taken the technologies from its new G500 and G600 and ‘morphed’ them into the G700. As a direct comparison against the G650ER, the G700 flies the same distance but has a longer cabin. It also has newer engines, with Gulfstream going back to Rolls-Royce after choosing Pratt & Whitney Canada to power the G500 and G600.

Gulfstream launched the G700 in October 2019, with orders for 10 aircraft from Qatar Executive and 16 from Flexjet.


Flying

The G700 can fly for a maximum of 7,500nm, the same as the G650ER. According to the range map on the Gulfstream website, that means that the G700 can fly from Beijing to Cape Town non-stop, as well as making cities pairs like New York to Hong Kong, Dubai to Los Angeles and Sydney to Dallas.

It should be noted however that 7,500nm is the initial quoted range target for the aircraft, and that Gulfstream has a history of beating its original targets with all its recent aircraft. We are therefore fully expecting the G700 to fly further than 7,500nm by the time the first deliveries take place.

Its maximum speed is Mach 0.925, which makes it the fastest business jet alongside the G650.

Travelling

Gulfstream is rightfully very proud that it has been able to put a larger cabin in a smaller airframe. The G700 has the tallest, longest and widest cabin of any purpose-built business jet, and can be configured to have as many as five separate zones as well as a 10-foot forward galley.

It can carry a maximum of 19 passengers, with one of the potential configurations including a master bedroom with a shower. One of the living zones features a dinning area that can seat six.

The G700 can also be configured with four living zones, plus a crew rest area – something that is essential for longer-range journeys.

WiFi is not fitted as standard but is classed as a no-cost optional extra. Customers that choose this option will have the Inmarsat Jet ConneX Ka-band system fitted to their aircraft.

The G700 has 20 of Gulfstream’s signature oval windows.

Owning

When Gulfstream launched the original G650, it allocated production serial numbers based on the precise second that a customer’s deposit hit its bank account. Gulfstream announced orders at the same time as the announcement of the G700, so it is unlikely that it has repeated the earlier process.

Aftermarket care is one area in which manufacturers have been investing heavily in over these past few years, with revenues accounting for a healthy proportion of overall revenue. Gulfstream already has several wholly-owned service centres around the world, as well as an increasing number of authorised service centres. It is investing more money into services and has begun work on a new European service centre at Farnborough Airport in the UK.

Gulfstream has a reputation for building fine aircraft that hold their values well. And at the end of the day, a lot of people will tell you: “There’s just something about a Gulfstream.”


Hard Facts:

Range: 7,500 nm
Maximum speed: Mach 0.95
Typical passengers: 19
Typical crew: 3
Competitor aircraft: Bombardier Global 7500
List price for a new Gulfstream G700: $75m
First delivery: 2022

Alud Davies
By Alud Davies November 14, 2019 14:44

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