Indicative 1983 market price€707k€846k
Estimated annual cost at 80 h€1.06m
Five-year cash outlay€6.05m

Key figures

Indicative planning data, compiled 2026-07. Verify against the AFM and records.

Seats14
Realistic payload with mission fuel1080 kg
Advertised range3374 nm
Practical planning radius (4 people)2261 nm
Cruise speed478 kt
Runway need~1600 m
PressurisedYes
FuelJet A-1
Fixed annual base€180k
Direct cost per flight hour7230

The ownership trade-off

The GIII combines 14-seat jet capability with about 3,374 NM reported range and about 478 kt reported cruise, while payload, runway and operating-cost figures remain indicative and should be verified for the specific aircraft before making a decision.

Cost picture at different usage

  • 40 hours/year: about €766k per year ( €19155 per flight hour all-in)
  • 80 hours/year: about €1.06m per year ( €13193 per flight hour all-in)
  • 120 hours/year: about €1.34m per year ( €11205 per flight hour all-in)
  • 180 hours/year: about €1.78m per year ( €9880 per flight hour all-in)

Older examples add calendar-driven maintenance: a 2011-built airframe is estimated at €803k per year at 80 hours. Condition, engine time remaining and avionics matter more than the year itself — price the aircraft in front of you, not the model.

Where it fits well

  • 478 kt cruise supports fast regional travel.
  • 3374 nm advertised range creates a practical planning radius of about 2261 nm with 4 occupants.
  • 1080 kg realistic payload proxy and 14 seats define the usable cabin mission.

Limitations to price honestly

  • The GIII combines 14-seat jet capability with about 3,374 NM reported range and about 478 kt reported cruise, while payload, runway and operating-cost figures remain indicative and should be verified for the specific aircraft before making a decision.
  • €180k fixed annual planning base before flying a single hour.
  • Approximate 1600 m take-off requirement must be checked against runway, surface, slope, temperature and loading.

Recommended missions

  • Family and small-group touring with a weight-and-balance check for every trip.
  • Longer regional missions, with reserves and payload reducing brochure range.
  • Time-sensitive business travel where dispatch reliability justifies the cost.

Similar aircraft to consider