1998 Gulfstream G550 for sale

1998 Gulfstream G550

Large Cabin Jet

FOR SALE
Contact for price
Location Van Nuys, CA
Total Time 9,254 hrs
Engine SMOH 8,797 hrs
Seats 18
Serial # GV-536
Reg # N1111P
Cruise 488 kts (904 km/h)
ICAO Type G550
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
Planedeck DU-885 Upgrade Dual Honeywell SPZ-8500 AFCS Honeywell SPZ-8500 FCS EFIS 2 Collins VHF-422D VHF Comm Transceivers w/ 8.33 spacing 3 Collins VIR-432 VHF NAV Receivers 3 Collins RTU-4280 2 Collins ADF-462 ADFs 2 Collins DME-422 DMEs 2 Collins TDR-94D Mode S Transponders w/ ADS-B Out v1 (DO-260A) 3 Honeywell NZ-2000 FMS (IAC) w/ 6.1 Software 2 Honeywell HG2021GD02 GPS Sensors (SBAS / WAAS Certified) 3 Honeywell LaserRef Ill IRS 1 Honeywell Mark V EGPWS w/ RAAS & Windshear Warning System 2 Honeywell RT-300 Radio Altimeters 1 Honeywell Primus 880 Weather Radar 1 Honeywell DL 950 Data loader 3 Honeywell AZ-840 Micro Air Data Computers 1 Artex 406 MHz ELT 2 Collins RM-855 Radio Management Units w/ Color CDUs 2 Collins HF-9034 HF Communication w/ SELCAL 1 Honeywell AFIS/SAT AFIS Teledyne Controls Voice Recorder (CVR) Flight Data Recorder (FDR) 1 Honeywell MCS-6000 SATCOM 1 Honeywell TCAS w/ Change 7.1 (ASC-188B Part 2)

Description

This exceptional Gulfstream GV presents a rare opportunity to acquire a fully reimagined, one-of-a-kind aircraft. Featuring a complete bespoke interior redesign completed in 2024 by renowned design studio BorromeodeSilva, complemented by fresh exterior paint completed in 2023, nearly $5M was invested to create a refined, contemporary cabin experience. Configured for 14 passengers, this GV seamlessly blends proven long-range performance with modern cabin sophistication, making it ideally suited for discerning owners seeking both capability and distinction.

Interior

Gulfstream GV serial number 536 underwent a comprehensive exterior and interior refurbishment in 2023/2024 totaling approximately $5,000,000. The bespoke cabin interior reflects a collaborative vision between the owner and internationally recognized designer BorromeodeSilva, masterfully executed by Duncan Aviation to exacting standards. Every element was thoughtfully redesigned with meticulous attention to detail, resulting in a refined, contemporary cabin where quality and craftsmanship are evident throughout. Technological enhancements include the latest Venue cabin management system featuring Prism LED upwash and downwash lighting, an Alto Technologies premium audio system with Bluetooth capability, and a 22” high-definition Rosen LCD monitor integrated into the credenza for an elevated entertainment experience. Global high-speed connectivity is provided via Starlink, ensuring seamless internet access wherever the aircraft operates. Further enhancing passenger comfort and wellness, the cabin is equipped with ACA’s Advanced Clean Air Ionization System, a maintenance-free air and surface purification solution designed to neutralize the cabin environment and promote a cleaner, healthier onboard experience. The 14 place interior consists of a forward crew rest area, forward crew galley annex, forward crew lavatory and an AFT main galley and AFT main lavatory. The interior features a forward-cabin 4-place club, a mid-cabin left-side 4-place divan opposite 2 single club chairs, and an aft-cabin 4-place club opposite a credenza.

Exterior

The exterior was designed by BorromeodeSilva, overall Volvo Sage Green with accents of Matte Porsche Black Olive and a stripe of Porsche Bahama Yellow.

Modifications / STCs

FANS 1/A+

Enhanced Soundproofing upgrade

DU-885 PlaneDeck upgrade

Satcom Direct SDR Gateway Router

Starlink Global Satellite wifi

Venue Cabin Management System

Alto Technologies Audio System with Bluetooth receiver

22” High Definition Rosen LCD in Credenza

Prism LED Lighting

ACA Aviation Clean AIr Ionization System

USB outlets throughout the cabin

Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.

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AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Gulfstream G550

This 1998 Gulfstream G550 (N1111P) is a 18-seat large cabin jet with 9,254 hours on the airframe. There are currently 66 G550 aircraft listed for sale with asking prices ranging from $5,000,000 to $34,950,000.

The G550 cruises at 488 kts (904 km/h) with a range of 6,750 nm (12,501 km) — enough for transcontinental flights without refueling. Service ceiling of 51,000 ft allows operation above most weather.

Operating costs: Fuel burn is 380 GPH (1438 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $2090/hr in fuel alone. Total variable cost including maintenance reserves is approximately $5,500/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $900,000. With 9,254 hours on the airframe, this aircraft has exceeded TBO (7,000 hrs) — verify engine status and overhaul reserve.

NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 9,254 hours — verify engine time vs TBO (7,000 hrs)
Budget $5,700 for pre-purchase inspection

Gulfstream G550 — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
18
Cruise Speed
488 kts (904 km/h)
Max Speed
505 kts (935 km/h)
Range
6,750 nm (12,501 km)
Ceiling
51,000 ft (15,545 m)
Max Weight
91,000 lbs (41,278 kg)
Useful Load
27,500 lbs (12,474 kg)
Fuel Capacity
6078 gal (23005 L)
Fuel Burn
380 GPH (1438 L/h)
Engines
2
TBO
7,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

GULFSTREAM G550

Fuel Burn
380.0 GPH
~$2470/hr
Variable Cost
$5,500/hr
fuel + mx + reserves
Annual Fixed
$900,000/yr
hangar + insurance + annual
Engine Overhaul
$1,300,000
every 7,000 hrs

AeroGurus estimates based on industry averages for the GULFSTREAM G550. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registration data pending for N1111P.

Location & Ownership

FAA records

Aircraft Location

Van Nuys, CA

Seller reported 722 more aircraft in CA →

Title Status

No FAA title records

Available for US-registered aircraft only

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

NTSB safety data coming soon.

We'll check N1111P against the NTSB accident database.

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Prices and listings updated daily · Data: FAA Registry, NTSB · About our data
Disclaimer: All prices, cost estimates, and market values shown are based on asking prices from third-party sources and are provided for informational purposes only. AeroGurus is not an appraiser, broker, or financial advisor. Always obtain a professional appraisal and independent inspection before making a purchase decision. Actual transaction prices may differ from asking prices.