Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Gulfstream designs, develops, manufactures, markets, and services business jet aircraft.

Gulfstream G200 and G280, also IAI Galaxy

Gulfstream GIV, GIV-SP,G300, G350,  and G450

Chad Trautvetter

According to Hagerty Jet Group, preowned Gulfstream transactions soared 20% last year for the 10 models it tracks: the G150, G200, G280, GIV-SP, G450, G500, GV, G550, G600, and G650/650ER. It said the “final transaction numbers for 2024 were a lot stronger than we anticipated,” finishing the year with 261 Gulfstreams changing hands versus 217 in 2023. Hagerty Jet’s data showed that most models saw pricing fall, returning to at or near-pre-pandemic levels.
The top seller last year from this group was the G550, production of which ended in July 2021, with 64 sales, up from 50 in 2023 and 37 in 2022. Inventory of these ultra-long-range jets was consistent throughout the year at 35 to 40 aircraft, representing 6% of the fleet, Hagerty Jet said.
Meanwhile, the G600 maintained the lowest inventory of the Gulfstream models the company actively monitors, with only 2.5% of the fleet for sale. “We had anticipated more preowned G600s coming to market when the G700s started delivering, but so far we haven’t seen a flood of any models impacted” by shipments of Gulfstream’s flagship G700.
Not far behind is the G650/650ER, with only 4% of the fleet for sale and transactions in the fourth quarter being “the highest in the history of this model.” Hagerty said supply of this model “remained more stable than expected” and is “proving to be very popular.”
Notably, the G450 saw a market resurgence last year, according to Hagerty. A one-year G450 supply buildup ended in mid-2024 and by year-end inventory had dropped in half and transactions nearly doubled to 37, it said.

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

Preowned Gulfstream Business Jet Sales Climb 20% in 2024, Says Hagerty Jet

G550 was the top seller in the used Gulfstream marketplace among the 10 models tracked

Sales of used Gulfstreams surged 20% in 2024, with the out-of-production G550 being the top seller among 10 Gulfstream models, according to Hagerty Jet Group.

Preowned Gulfstream Bizjet Sales Climb 20% in 2024

2024 Corporate Aviation Leadership Summit

Charlotte Bailey

News and issues relating to the aerospace industry that are related to the science, engineering and business of flight in space involving civil, industrial and military applications, and similar topics related to flight in the atmosphere of the Earth that are not covered more directly by other AINonline subject channels. In other words, both astronautical and aeronautical subjects, except for those aeronautical topics that are specifically covered elsewhere on this website.

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News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Texas conference to unite owners and operators in early October 

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Julie Boatman

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Rolland Vincent

RVA predicts deliveries will reach nearly 900 aircraft this year

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Essential news and analysis on the defense aerospace business. Your trusted source for new and ongoing programs and requirements in military aircraft (manned and unmanned), engines, avionics, weapons and associated systems, including ground-based air defense.

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Kerry Lynch

News and issues relating to international air transport and cargo carriers, national airlines and regional airlines, including aircraft, engines, personnel, acquisitions, accidents, safety, security and training.

In this article

Gulfstream GV/G550

Gulfstream G400/G500/G600

Gulfstream G200/G280/Galaxy

Gulfstream GIV/GIV-SP/G300/G350/G450

Gulfstream G650/G650ER

Gulfstream

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Market to remain strong in fourth quarter

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