Gulfstream Moves To Reclaim High Ground From Bombardier With Luxe New $75M Executive Jet
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October 22, 2019 - by Jeremy Bogaisky for forbes.com
The Gulfstream G650 was the undisputed king of business jets until the Bombardier Global 7500 showed up this year. On Monday evening in Las Vegas, Gulfstream unveiled a new plane designed to take back the crown that the company says will have the largest, most comfortable cabin on the market. It will also be the most expensive business jet on the market with a list price of $75 million.
The G700, which is based on the fuselage of the G650, will match that plane's industry-leading maximum speed of Mach 0.925 despite its greater size, thanks to new Rolls Royce Pearl 700 engines.
Gulfstream introduces the G700 as the new flagship of its business jet family – AIN www.youtube.com
Gulfstream opted not to try to top the Global 7500's market-leading range of 7,700 nautical miles – with a range of 7,500 nm, the G700 arguably gets close enough. Instead Gulfstream is positioning the G700 as giving owners more space, in every dimension.
"The tallest, widest, longest cabin in business aviation," Gulfstream President Mark Burns said – twice – while introducing the company's new flagship jet.
With a length of 109 feet, 10 inches, the G700 will be 10 feet longer that the G650 and a foot shorter than Bombardier's Global 7500,