Flexjet Adds Gulfstream G500 and More G700s for Fractional Owners

Provider said new agreement gives it ‘exclusivity as the only fractional provider to receive delivery of new Gulfstream G500 and G700 aircraft.’

Jack Daleo

Thursday, June 25, 2026 at 01:30 PM ET

Verified

Edited By:

Travis Tingle

Flexjet formally added an undisclosed number of Gulfstream G500s and new G700s to its large cabin fleet. [Credit: Flexjet]

Key Takeaways:

Flexjet secured an exclusive agreement with Gulfstream to be the sole fractional provider receiving new G500 and G700 aircraft, adding the G500 to its large cabin fleet as a replacement for its G450s.
The new Gulfstream G500 significantly enhances Flexjet's ultra-long-range capabilities, offering international routes with improved fuel efficiency and a premium, technologically advanced cabin.
This move solidifies Flexjet's position as the largest owner and operator of Gulfstream models and is part of a broader strategy to modernize its diverse, ultra-luxury fleet and expand its global infrastructure.

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After CEO Mike Silvestro alluded to it during a Thursday morning interview with Yahoo Finance, Flexjet on Thursday confirmed it has a new, exclusive arrangement with Gulfstream that will add the G500 to its growing large cabin fleet.

Flexjet formally announced that the G500 entered its fleet on Thursday afternoon and said its agreement with the manufacturer grants it “exclusivity as the only fractional provider to receive delivery of new Gulfstream G500 and G700 aircraft.” The G500s will replace Flexjet’s approximately 30 G450s as its flagship large cabin airframe. They will be available to fractional owners through the provider’s Red Label by Flexjet program, which assigns flight crews to a single aircraft.