August 29, 2024
Gulfstream G700 Overview (2019 – Present)
Product Overview
Gulfstream Aerospace officially unveiled the G700 at the National Business Aviation Association (NBAA) Convention & Exhibition in Las Vegas in 2019. The G700 was announced as the company’s new flagship aircraft, designed to push the boundaries of speed, range, and cabin comfort in the business jet market.
As of August 2024, 12% of the Gulfstream G700 aircraft were purchased new by their current owners with 87% still yet to deliver. None of the aircraft are currently for sale or under any exclusive brokerage agreement.
Brief History
The production of G700 started in 2019. In 2020 the G700 took its maiden flight from Gulfstream’s headquarters in Savannah, Georgia. As of March 2024, the G700 received certification from the Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA), with deliveries to customers beginning soon after.