ED DAHLBERG got 40 calls in one day when he put a Gulfstream G650 up for sale in February. That is unusual for a private jet — especially when the asking price tops the $64.5m on the sticker."We believe this plane’s going to bring north of $75m," says Mr Dahlberg, president of Manassas, Virginia-based Emerald Aviation and part-owner of the G650.Barely 15 months after its debut, the world’s biggest and fastest business jet is a corporate status symbol, with owners as high profile as Exxon Mobil, Walmart Stores and Qualcomm.The waiting list is almost four years long for a factory-fresh model, whetting appetites among tycoons and CEOs when a used G650 hits the market."It’s the must-have airplane if you’re in the top end of the spectrum," said Steve Varsano, founder of London-based Jet Business, who has sold two pre-owned G650s since November last year for more than $70m each to buyers he would not identify.G650s are also must-have for Gulfstream parent General Dynamics Corporation, the...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.