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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.’

Flexjet Gulfstream G500 private jet
Flexjet formally added an undisclosed number of Gulfstream G500s and new G700s to its large cabin fleet. [Credit: Flexjet]
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Key Takeaways:

  • Flexjet has secured an exclusive arrangement with Gulfstream, becoming the only fractional provider to receive new G500 and G700 aircraft.
  • The G500 will replace the G450 as Flexjet's flagship large cabin aircraft, offering enhanced fuel efficiency, international range, and premium cabin features.
  • This deal further expands Flexjet's ultra-luxury, long-range fleet, reinforcing its status as the largest owner, operator, and maintainer of Gulfstream models globally.
  • Flexjet is making significant investments across its fleet, with plans to take delivery of 50 new jets this year, alongside other large orders from Embraer and Otto Aerospace.
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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.

Jack Daleo

Jack is a staff writer covering advanced air mobility, including everything from drones to unmanned aircraft systems to space travel—and a whole lot more. He spent close to two years reporting on drone delivery for FreightWaves, covering the biggest news and developments in the space and connecting with industry executives and experts. Jack is also a basketball aficionado, a frequent traveler and a lover of all things logistics.

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