📉 Gulfstream Under Dual Pressure: Pre-owned Market Tightening, New Aircraft Utilization Still Ramping
Pre-owned Gulfstreams are among the hardest assets to source in today's market. Industry data shows 195 pre-owned Gulfstreams sold in 2025, with available inventory now critically tight — scarcity is actually accelerating transaction velocity. On the supply side, Safran Nacelles has introduced HEHF hydroforming for Pearl 700 nacelles, targeting ~80 shipsets in 2026, supporting a 20%+ increase in combined G700/G800 deliveries over 2025's 66 aircraft. Avi-Go.ai data shows the active G600 fleet grew from 149 to 174 aircraft in Q1 2026 (+16.8%), with total business aviation movements reaching 4,664 sectors (+4.7% YoY); however, per-aircraft utilization fell from 30.2 to 26.8 sectors (~-4%), reflecting a ramp-up phase for newly delivered aircraft. The G700 has received type certification from Transport Canada and Indian regulators, and completed delivery to Thailand's MJets.
Implications: Accelerating new production alongside depleted pre-owned inventory will continue to drive up acquisition difficulty and cost for Gulfstream assets, creating a structural bottleneck for near-term fleet expansion. Lower utilization on new deliveries versus the existing fleet also signals that some operators are still in the customer onboarding phase, with a lag before revenue materializes.
Recommendations: Operators seeking pre-owned Gulfstreams should accelerate decision-making in H1 2026 — the window is narrowing. Charter brokers should monitor low-utilization tail numbers within the newly delivered G600 fleet, where near-term wet lease or charter partnership opportunities may exist.