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 has secured an exclusive arrangement with Gulfstream, making it the sole fractional provider to receive new G500 and G700 aircraft, with the G500s replacing the G450s as its flagship large-cabin jet.
This move significantly expands and modernizes Flexjet's ultra-luxury fleet, solidifying its position as the largest owner, operator, and maintainer of Gulfstream models, alongside previous substantial orders from Embraer and Otto Aerospace.
The new G500 aircraft boast a 5,200 nm range, 33% better fuel efficiency than the G450, and a premium cabin featuring the largest windows in private aviation, refreshed air, Starlink Wi-Fi, and advanced pilot controls.

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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.