Flexjet Expands Fleet with Gulfstream G700s

Flexjet has formally launched a Gulfstream G700 programme, adding three of the ultra-long-range jets to its US fleet in September 2025. The Cleveland-based company unveiled the aircraft at its headquarters after weeks of teasing a "mystery" addition, bringing Gulfstream's flagship into a fractional ownership programme.

For fractional owners, the G700 offers a way into an aircraft for which new orders face long waits for a delivery slot. Buying a share gives access to the type for a fraction of the purchase price of a whole aircraft, with Flexjet providing crews, maintenance and scheduling.

The aircraft

The G700 is Gulfstream's largest and fastest business jet in service. It received FAA certification in March 2024 and entered service the following month. Powered by two Rolls-Royce Pearl 700 engines, it can fly 7,750 nm at Mach 0.85, or 6,650 nm at Mach 0.90, enough to connect city pairs such as New York and Hong Kong nonstop.

Item	Gulfstream G700
Range	7,750 nm at Mach 0.85; 6,650 nm at Mach 0.90
Maximum operating speed	Mach 0.935
Maximum altitude	51,000 ft
Engines	2 x Rolls-Royce Pearl 700, 18,250 lb thrust each
Cabin length	17.35 m (56 ft 11 in), excluding baggage
Cabin height / width	1.91 m (6 ft 3 in) / 2.49 m (8 ft 2 in)
Cabin altitude at 41,000 ft	2,840 ft
Passengers (Flexjet layout)	Up to 15, plus a cabin server

Gulfstream offers up to five living areas in the G700 and up to 19 seats. Flexjet's aircraft are configured for up to 15 passengers, with a queen-length bed and a fully enclosed aft lavatory. The cabin uses circadian lighting designed to reduce jet lag, and Gulfstream says the air is fully replaced every two to three minutes with fresh, plasma-ionised air. The cabin altitude of 2,840 ft at 41,000 ft is among the lowest of any business jet, which reduces fatigue on long flights.

Flexjet quotes endurance of about 10 hours with a standard crew, 12 hours with one augmented crew and up to 16 hours with a double augmented crew, depending on configuration.

Red Label and the LXi cabins

The G700s operate in Flexjet's Red Label programme, its premium tier, in which each aircraft is assigned a dedicated flight crew rather than drawing pilots from a pool. Like the rest of Flexjet's large-cabin fleet, they are fitted with interiors from the company's LXi Cabin Collection, its range of custom designs. Flexjet has been installing Starlink satellite internet across its fleet.

Chairman Kenn Ricci described the G700 as the latest example of a level of luxury and service that, in his view, no other fractional provider offers. Chief executive Michael Silvestro pointed to strong demand from private owners and corporate flight departments for larger, longer-range aircraft.

Flexjet's growth

The G700 launch came during a year of rapid expansion for Flexjet, which marked its 30th anniversary in 2025:

• Fleet: more than 340 aircraft in North America and Europe, including Embraer Phenom and Praetor jets, Bombardier Challengers, Gulfstream G450s and G650s, and Sikorsky S-76 helicopters.
• Embraer order: a $7 billion firm order for 182 Phenom and Praetor jets, with options for 30 more, the largest order in either company's history. Flexjet said it would nearly double its fleet over five years.
• Investment: in July 2025 it closed an $800 million equity raise led by L Catterton, the private equity firm backed by LVMH, which it described as the largest investment ever made in a private aviation company.
• Future aircraft: also in September 2025, Flexjet was named launch customer for Otto Aerospace's Phantom 3500, a clean-sheet super-midsize jet expected to enter service around 2030.

Flexjet and NetJets are the two largest fractional providers in the US. NetJets, owned by Berkshire Hathaway, operates a much larger fleet, but Flexjet has positioned itself around newer aircraft and higher-specification cabins. Gulfstream's large-cabin jets are central to that strategy: Flexjet placed a large Gulfstream order in 2014, its first move away from an all-Bombardier fleet.

Why it matters

Demand for large-cabin and ultra-long-range jets has been strong since the pandemic, and Gulfstream and Bombardier both carry large order backlogs. Fractional programmes allow wealthy individuals and companies to fly these aircraft without waiting for a delivery slot or committing to the full purchase price. For Gulfstream, placing aircraft with a fractional operator exposes the type to a wider group of potential buyers.

What has happened since

• 25 June 2026: the Gulfstream G500 formally entered the Flexjet fleet. Flexjet said it had agreed exclusivity with Gulfstream as the only fractional provider to receive new G500 and G700 aircraft, and that the G500 would gradually replace its G450s. Its Gulfstream offering now covers four types: the G700, G650, G500 and G450.
• 1 July 2026: Flexjet became Official Private Aviation Supplier to Formula 1 under a multi-year partnership.
• 10 September 2026: Flexjet opened a $34 million private terminal at Farnborough Airport, its first in Europe, adding to a network of nine terminals open or in development in the US. By then the company described its fleet as more than 350 jets and helicopters.

Details of the G500 addition and the Gulfstream exclusivity agreement are in Flexjet's announcement.