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

Kerry Lynch

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.

The facility is larger and more modern than the previous LA location

Bombardier’s LA Production Operations Moves to New Plant

Flight activity, backlogs, transactions all up in first-half 2025

GJC: Business Jet Market Trends Suggest a Growth Year

Hanneke Weitering

Company raised $18.4 million through public offering in June

XTI Aero Touts Progress on TriFan 600 VTOL Aircraft

Amy Wilder

Air Doc founders combine pilot and engineering experience

ADS Celebrates Anniversary, 75th Pre-purchase Inspection

Charles Alcock

News and developments about aircraft engines, including turbofan, turboprop, turboshaft and piston.

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

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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XTI Aero Touts Progress on TriFan 600 VTOL Aircraft

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Metrics were stable or up across the board in IADA’s market perceptions survey

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Six Midnight eVTOL aircraft are on the company's assembly line

Interview with Steve Varsano: Buying Your First Private Jet

If you fly often enough, it could make financial sense to purchase your own aircraft.

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