HangarMath

Iai Ltd GULFSTREAM G280

Jet · 64 active US registrations

FAA Registry DataNTSB Public DataUpdated Mar 2026
Iai Ltd GULFSTREAM G280

Iai Ltd GULFSTREAM G280

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Purchase Price

$3.0M-$15.0M

Fuel Burn

240 gph

Cost/Hour

$1610.00/hr

US Fleet

64

Ownership Cost Summary

Purchase

$3.0M-$15.0M

Annual Fixed

$128K-$206K

/yr

Hourly Variable

$1610.00/hr

/flight hour

5-Year Total

$4.4M-$17.6M

Purchase Price$3,000,000 – $15,000,000
Annual Fixed Costs$128,050 – $205,950 /yr
Hourly Variable Cost$1610.00/hr
Annual Cost (100 hrs/yr)$289,050 – $289,050 /yr
Annual Cost (200 hrs/yr)$450,050 – $450,050 /yr
5-Year Total Cost$4,445,250 – $17,639,750

Cost estimates based on published data and industry averages. Actual costs vary by condition, location, usage, and maintenance history.0

Specifications & Engine

Performance

Horsepower7765 hp

Engine & Weights

EngineHONEYWELL AS907-2-1G
Engine Typeturbofan
Engines2
TBO6,000 hrs
Overhaul Cost$840,000-$1,200,000
Overhaul Reserve$170.00/hr
Fuel Burn240.0 gph
Propconstant speed

Source: FAA Type Certificate Data Sheet, ENGINE.txt registry. TBO and overhaul costs from industry standard data.

Market Prices by Year

Typical asking prices. Actual prices vary by condition, total time, avionics, and engine time.

1970-1979
$1.4M
1980-1989
$1.9M
1990-1999
$2.7M
2000-2009
$4.0M
2010-2019
$6.8M
2020-present
$13.5M

Similar Jet Aircraft

Compare the GULFSTREAM G280 to other jet aircraft.

Insurance Estimates

Annual hull + liability premiums by pilot experience.

new ppl$121,500 – $175,500/yr
experienced$85,050 – $103,950/yr
atp$43,200 – $59,400/yr

Hangared aircraft save 15-30% on premiums

Covered tiedown vs. open tiedown also affects rates.

Get Your Real RateCompare insurance across similar aircraft

Rates are estimates only and vary by hull value, pilot experience, training, location, and carrier. Contact an aviation insurance broker for accurate quotes.

Safety Record

NTSB data, 1982-2025.

1

Total Reports

1

Accidents

0

Fatal

15.6

Per 1K Fleet

Raw NTSB report counts. Not a safety rating. Factors including fleet size, flight hours, pilot demographics, and mission profile affect rates.

Fuel Cost

240.0 gph at ~$6.50/gal 100LL

$1560

/hr

$156,000

100 hrs

$312,000

200 hrs

Prices vary by region. View by state.

Fleet & Registration

64

Active US Registrations

Source: FAA Aircraft Registry (active, valid registrations).

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Frequently Asked Questions

How much does a Iai Ltd GULFSTREAM G280 cost?

A Iai Ltd GULFSTREAM G280 typically sells for $3,000,000 to $15,000,000 depending on year, condition, total time, and avionics.

How much does it cost per hour to fly a Iai Ltd GULFSTREAM G280?

The variable cost is approximately $1610.00/hr, including fuel, oil, and engine reserve.

What is the fuel burn of a Iai Ltd GULFSTREAM G280?

Approximately 240.0 gallons per hour at normal cruise.

What are the annual costs of owning a Iai Ltd GULFSTREAM G280?

Annual fixed costs run $128,050 to $205,950/yr before fuel and engine reserves.

How much does an engine overhaul cost on a Iai Ltd GULFSTREAM G280?

$840,000 to $1,200,000, TBO of 6,000 hours.

How many Iai Ltd GULFSTREAM G280 aircraft are still flying?

There are 64 Iai Ltd GULFSTREAM G280 aircraft with active US registrations according to the FAA Aircraft Registry.

Important Disclaimer

All cost estimates, specifications, and data on HangarMath are provided for informational and educational purposes only. This information does not constitute financial, legal, or aviation safety advice. Aircraft ownership involves significant financial risk, and actual costs can vary dramatically from estimates shown here. Always conduct your own due diligence, hire a qualified A&P/IA mechanic for prebuy inspections, consult with an aviation attorney for purchase agreements, and work with a certified financial advisor before making aircraft purchase decisions. HangarMath makes no warranties about the accuracy, completeness, or reliability of any data presented. We are not responsible for any financial losses, property damage, personal injury, or death that may result from decisions made based on information found on this site.