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, making it the sole fractional provider to receive new G500 and G700 aircraft.
The G500s will replace Flexjet's G450s as its flagship large-cabin jet, significantly expanding its ultra-luxury, ultra-long-range fleet.
This deal reinforces Flexjet's position as the largest global owner and operator of Gulfstream models, enhancing its offerings with more fuel-efficient aircraft capable of international routes.
Flexjet anticipates taking delivery of 50 new jets this year, integrating the advanced G500s into its Red Label program and supporting new international services, including a planned U.K. private terminal.

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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.