PPRuNe Forums - View Single Post - Why are Gulfstream II and IIB so cheap?
View Single Post
Old 9th Jan 2009, 23:19
  #14 (permalink)  
Phil77
 
Join Date: Apr 2006
Location: USA (PA)
Age: 47
Posts: 300
Likes: 0
Received 0 Likes on 0 Posts
I crunched the numbers for a GIIB before...

If you want to break it down to the flight hour (I know, don't combine fixed cost into variables - but for the sake of the argument) - flight time of 150 hours/year - without setting anything aside for refurb or paint, but including maintenance, hangar, crew and other "minor" things like insurance, you are looking at close to $4,500/hr - provided you get $2,00/gal in FLL; let it rise back up to $5,00 and you are looking at $5,500/hr (assuming a fuel burn of 488gal/hr).

That said, nothing set aside for overflight permits and other international fees and other afore mentioned cost like catering and FA.

Is a GIIB with Stage III hush kits allowed in Nice? I don't know - but as you said yourself, the airplane is in its last 5 years of duty.
Phil77 is offline