The Gulfstream III private jet, developed as an advanced version of the Gulfstream II, is a long-range business jet that blends robust transcontinental capabilities with timeless luxury. Designed for intercontinental performance, the GIII is well-suited for corporations and charter operators that prioritize reliability, cabin space, and range.
With its proven track record and classic Gulfstream design, the GIII remains a preferred aircraft in the pre-owned market for long-haul missions.
– Maximum cruise speed: 476 knots (547 mph)
– Range: 3,650 nautical miles
– Service ceiling: 45,000 feet
– Takeoff distance: 5,150 feet
– Engines: Two Rolls-Royce Spey Mk511-8 turbofans
The Gulfstream III was built for extended missions, capable of nonstop travel between cities like New York and London or Los Angeles and Caracas. Despite its vintage, the aircraft’s performance still rivals modern competitors thanks to its robust engineering and wing design enhancements.
– Cabin length: 41.3 ft | Height: 6.1 ft | Width: 7.3 ft
– Typical seating: 12–14 passengers
– Forward or aft galley and enclosed lavatory
– Optional sleeping accommodations and onboard entertainment
The GIII’s stand-up cabin and wide-body cross-section make it ideal for executive configurations. Many aircraft have undergone interior refurbishments, offering plush leather seats, new veneers, Wi-Fi, and custom layouts to meet modern comfort demands.
– Estimated pre-owned price: $750K–$1.8M (condition-dependent)
– Hourly operating cost: $3,800–$4,300
– Fuel burn: Approx. 500 gal/hr
– Strong presence in Africa, Latin America, and U.S. charter fleets
While newer Gulfstream models offer greater efficiency, the GIII holds appeal for buyers needing a high-capacity platform at an entry-level price. Operators should evaluate maintenance schedules, engine hours, and upgrade history when considering acquisition.
Jet Advisors offers professional appraisals, comparative model analyses, and due diligence services to protect your investment.
Jet Advisors brings over two decades of experience helping buyers and owners navigate the complexities of aircraft ownership. From acquisition strategy to resale timing, we provide:
– Data-driven fair market valuations
– Operational cost forecasting
– Inspection and maintenance advisory
– Resale market trend analysis
We advocate for your best interest with zero broker bias—ensuring smarter decisions and long-term value.
Whether you’re exploring the Gulfstream III private jet as an acquisition or evaluating fleet upgrades, Jet Advisors can help you buy, sell, or optimize with confidence.
📞 Call 617.600.6990 or schedule a strategy session today.
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