June 24, 2020
The Gulfstream G200 (formerly known as the Galaxy 1126) is a super-midsize medium-range twin-turbofan corporate jet.
As of May 2020, 84% of Gulfstream G200 aircraft were purchased pre-owned by their current owner, the other 16% new. 11.6% are for sale with the majority of those (89%) under an exclusive broker agreement. When for sale the average time on the market is 224 days.
Originally named Astra Galaxy, the G200 began as a product of Israel Aircraft Industries’ subsidiary Galaxy Aerospace Inc. Design of the Galaxy model first began in the late 1980’s. The first flight took place on December 25, 1997 and it received certification one year later from the US and Israeli aviation agencies. The Galaxy was renamed “G200” after Gulfstream Aerospace acquired Galaxy Aerospace in June 2001, 2 years after deliveries began. Production ended in 2011 with a total of 250 deliveries of which nine have been retired.
There are 241 Gulfstream G200 business jets in operation today. The majority of these (232) are wholly owned, with 9 in shared ownership. 6% are currently leased. North America has the largest percentage of wholly owned Gulfstream G200 aircraft (73%), followed by Europe (12%) and Asia (11%).