Is Flexjet still the only fractional with the G650?

Yes. As of mid-2026, Flexjet remains the only fractional jet operator offering the Gulfstream G650. The company has built its G650 fleet in part by scouring the pre-owned market for newer-vintage airframes. The G650 Unlimited Access Program continues to be the line's flagship fractional product at the long-range end of the fleet.

How many G700s does Flexjet operate in 2026?

Flexjet took delivery of its first Gulfstream G700 in October 2025 and aims to have 12 G700s in operation by end of 2026, scaling from the three operational in late 2025. The company was a launch customer for the type in 2019 when it placed an initial order for 16 G700s and has since taken further commitments through the type's certification and EIS process.

What is the new fleet type Flexjet is planning to announce?

Flexjet has indicated plans to announce a new fleet type in 2026 but has not formally disclosed the type at the time of writing. The candidate aircraft based on industry speculation include the Bombardier Global 8000 (which would put Flexjet head-to-head with NetJets on that platform), the Dassault Falcon 6X (which would broaden Flexjet's range beyond Gulfstream and Bombardier in the long-range segment), or potentially the Dassault Falcon 10X once the type enters service. Flexjet's actual disclosure will determine which competitor is most affected.

What is Flexjet's overall fleet growth plan?

Flexjet plans to nearly double its current fleet of approximately 280 aircraft to over 600 aircraft by early next decade. The growth includes the announced Embraer order signed in 2022 for 182 firm Praetor 500, Praetor 600, and Phenom 300E aircraft with 30 options, the continued G700 deliveries, the G650 pre-owned acquisitions, and the yet-to-be-announced new fleet type. The total programme value is in the high single-digit billions of dollars over the coming five-to-seven years.

Flexjet's Gulfstream Strategy: G650 Exclusive, G700 Scaling

Flexjet has spent the last decade positioning itself as the higher-end alternative to NetJets in US fractional aviation. The strategy has worked on several measurable dimensions: Flexjet is the only fractional operator of the Gulfstream G650; the company’s G650 Unlimited Access Program has been the line’s flagship product at the long-range end since 2014; the new G700 fleet is building steadily; the broader Embraer order is the largest single Praetor and Phenom commitment in the type’s history. The strategy now enters its most consequential growth phase, with the G700 scaling, the new fleet type pending announcement, and the ambitious goal of doubling the fleet to over 600 aircraft within several years.

This is the read on Flexjet’s 2026 long-range Gulfstream strategy, what the G700 deliveries actually mean for customers, and how the company’s positioning competes against NetJets at the top of the fractional segment.

The G650 fleet

Flexjet remains the only fractional jet operator offering the Gulfstream G650. The company’s G650 fleet — built up over a decade through a combination of new Gulfstream orders and aggressive pre-owned acquisition of newer-vintage airframes — currently numbers in the high single digits to low double digits of aircraft, though Flexjet does not publish the exact count. The G650 Unlimited Access Program remains the line’s flagship fractional product, with hourly rate structures that are positioned at the top of the US fractional market.

The structural advantage of being the only fractional operator with the G650 is significant. The aircraft itself is widely regarded as one of the best-engineered ultra-long-range business jets ever produced — Gulfstream delivered approximately 575 G650s and G650ERs over the type’s 2012-2024 production run, and the aircraft remains in service across the corporate, government, and private-owner segments globally. The pre-owned market for G650s has been active throughout the type’s life, with current pre-owned pricing in the range of approximately USD 35 million to 55 million depending on year, hours, and configuration.

The G650 fleet at Flexjet operates principally on transatlantic, transpacific, and long-haul South American missions where the type’s range, cabin comfort, and operational reputation justify the fractional positioning. The aircraft is well-suited to the type of high-utility mission where a buyer at the long-range end of the fractional market is making the case for fractional ownership rather than full ownership — the type carries the operational characteristics of a full-ownership aircraft at the fractional cost basis.

The G700 introduction

Flexjet took delivery of its first Gulfstream G700 in October 2025, marking the start of the line’s G700 fleet build. The company was a launch customer for the type in 2019 when it placed an initial order for 16 G700s. The G700 entry into service for Flexjet has scaled steadily through late 2025 and early 2026: three operational by late 2025, with the published target of 12 in operation by end of 2026 implying approximately one delivery per month through the year.

The G700 is the larger sibling of the G650 — a five-zone cabin (versus the G650’s four), approximately 7,750 nautical miles of range (versus the G650ER’s 7,500), Mach 0.925 top speed, and a substantially larger cabin volume. The aircraft entered service in April 2024 with the FAA certification and has been progressively delivered to fleet customers through 2024-2026. Gulfstream’s published delivery pace through 2026 puts the G700 at approximately 35 to 45 deliveries per year, with Flexjet’s 12-aircraft 2026 target representing a meaningful share of the type’s annual production.

The G700 fractional pricing at Flexjet is published at approximately USD 24 million for a 1/16th share, with monthly management fees and hourly occupied rates that bring the all-in hourly cost into the range of approximately USD 18,000 to 21,000 for a typical mission profile. The pricing is broadly comparable to NetJets’ Global 7500 pricing at the equivalent fractional share level, and modestly below the early-period Global 8000 pricing on NetJets.

The competitive question for a fractional buyer choosing between the G700 (Flexjet) and the Global 7500 or Global 8000 (NetJets) is largely the same as the question that applies to the underlying aircraft choice in full ownership. The G700 has a wider cabin (eight feet two inches versus the Global 7500’s seven feet eleven and the Global 8000’s seven feet eleven), the Gulfstream service network, and the established Gulfstream operational culture. The Global 7500 and 8000 have the higher top and cruise speeds, the lower cabin altitude on the 8000, and the established Bombardier operational network. Both are excellent aircraft at this end of the market; the choice is largely a matter of preference and existing fleet familiarity.

The new fleet type

Flexjet has indicated plans to announce a new fleet type in 2026 but has not formally disclosed the type at the time of writing. The candidates that have been speculated about in industry coverage include:

The Bombardier Global 8000, which would put Flexjet head-to-head with NetJets on the same platform. This would be a significant strategic shift — Flexjet has historically chosen to differentiate its long-range product through the G650 and G700, and adding the Global 8000 would mean carrying both ultra-long-range platforms with overlapping mission capability.

The Dassault Falcon 6X, which would broaden Flexjet’s long-range range beyond Gulfstream and Bombardier into Dassault. The 6X has been in service since late 2023 with more than 20 aircraft delivered by late 2025 and is the established alternative in the segment. A Flexjet 6X fleet would be the first fractional operator of the type in the US market.

The Dassault Falcon 10X, once the type enters service. The 10X is positioned to compete directly against the Gulfstream G700/G800 and the Bombardier Global 7500/8000 at the largest-cabin end of the long-range segment. The aircraft has had a series of certification timeline delays — Dassault is now targeting a maiden flight in 2026 — and entry into service is unlikely before 2028.

Without formal disclosure, my best inference is that the announcement is most likely to be one of the smaller types in the Flexjet target market rather than the largest long-range aircraft — possibly the Falcon 6X or a midsize jet that complements the Embraer Praetor and Phenom programme. The formal announcement will tell us more about how Flexjet is positioning against NetJets at each cabin class.

The overall growth picture

Flexjet’s announced plan to nearly double its current fleet of approximately 280 aircraft to over 600 by early next decade is the most aggressive fleet growth target in US fractional aviation. The plan includes the 182-aircraft Embraer order signed in 2022 (Praetor 500, Praetor 600, and Phenom 300E across the firm and option positions), the continued Gulfstream deliveries, the pre-owned G650 acquisitions, and the unannounced new fleet type.

The capital requirement for the plan is substantial — at average list prices across the fleet types, the total programme value is in the high single-digit billions of dollars. Flexjet’s parent company has been the subject of several capital-raise events and the company’s financial position has been the subject of industry attention through 2024-2026. The successful execution of the fleet growth plan depends on continued capital availability, continued strong demand for fractional aviation at the long-range end, and the ability to scale operations and maintenance infrastructure to support the larger fleet.

The competitive implications are significant. If Flexjet executes the 600-aircraft plan, the US fractional market will become a more genuine duopoly between Flexjet and NetJets than it has been in recent years, with both operators at meaningfully larger scale than the competing fractional operators. The structural advantage of scale — in aircraft availability, geographic coverage, and operational reliability — accrues to the operators that can sustain the fleet investment programme. Flexjet’s bet is that the demand at the long-range end of the market continues to support both the G650 exclusive positioning and the G700 and new-type fleet growth.

What this means for customers

For an existing Flexjet G650 owner, the 2026 picture is largely unchanged — the G650 fleet remains stable, the service standard remains at the level the line has built, and the new type announcement is unlikely to materially affect the G650 product.

For a prospective Flexjet customer considering the G700, the 2026 timing is the right window to enter. The fleet is scaling, the service infrastructure is being built out, and the fractional pricing is competitive with the comparable NetJets long-range product. The G700 fractional ownership is a credible alternative to NetJets Global 7500 fractional ownership for a buyer with substantial transatlantic or transpacific mission requirements.

For a buyer choosing between Flexjet and NetJets at the broader fractional level, the structural comparison continues to favour NetJets on fleet breadth and geographic coverage, and Flexjet on the specific G650 exclusivity and the more curated overall fleet positioning. The choice is increasingly a function of preferred aircraft type and operational profile rather than of overall service quality, which is competitive at both operators.

The 2026 disclosures from Flexjet — the new fleet type announcement, the G700 delivery pace, the continued execution of the broader growth plan — will define the company’s competitive position through the back half of the decade. The early indications are favourable; the larger test is the multi-year execution of the published fleet plan.

Verification

Filed against the following sources, last verified on June 2, 2026. The desk re-checks the source URLs on every dated modification of the piece.

Standing Questions

Is Flexjet still the only fractional with the G650?: Yes. As of mid-2026, Flexjet remains the only fractional jet operator offering the Gulfstream G650. The company has built its G650 fleet in part by scouring the pre-owned market for newer-vintage airframes. The G650 Unlimited Access Program continues to be the line's flagship fractional product at the long-range end of the fleet.
How many G700s does Flexjet operate in 2026?: Flexjet took delivery of its first Gulfstream G700 in October 2025 and aims to have 12 G700s in operation by end of 2026, scaling from the three operational in late 2025. The company was a launch customer for the type in 2019 when it placed an initial order for 16 G700s and has since taken further commitments through the type's certification and EIS process.
What is the new fleet type Flexjet is planning to announce?: Flexjet has indicated plans to announce a new fleet type in 2026 but has not formally disclosed the type at the time of writing. The candidate aircraft based on industry speculation include the Bombardier Global 8000 (which would put Flexjet head-to-head with NetJets on that platform), the Dassault Falcon 6X (which would broaden Flexjet's range beyond Gulfstream and Bombardier in the long-range segment), or potentially the Dassault Falcon 10X once the type enters service. Flexjet's actual disclosure will determine which competitor is most affected.
How does Flexjet pricing compare to NetJets at the long-range end?: Flexjet's published 2026 G700 fractional pricing is approximately USD 24 million for a 1/16th share, with monthly management fees and hourly occupied rates that bring the all-in cost per hour into the range of approximately USD 18,000 to 21,000 for a typical mission profile. NetJets pricing on the Global 7500 is broadly comparable; the Global 8000 pricing on NetJets is in a similar range with the early-period scarcity premium I have discussed elsewhere.
What is Flexjet's overall fleet growth plan?: Flexjet plans to nearly double its current fleet of approximately 280 aircraft to over 600 aircraft by early next decade. The growth includes the announced Embraer order signed in 2022 for 182 firm Praetor 500, Praetor 600, and Phenom 300E aircraft with 30 options, the continued G700 deliveries, the G650 pre-owned acquisitions, and the yet-to-be-announced new fleet type. The total programme value is in the high single-digit billions of dollars over the coming five-to-seven years.