N237GR

This entry covers airframe N237GR, a 2006-built Gulfstream G450 (GIV-X) with manufacturer serial number 4055. The airframe is owned by RED FLAG TWO LTD, a corporate entity based in Dayton, OH, US, and is registered in the US. The aircraft carries an estimated market valuation of $17,500,000, reflecting typical mid-life pricing for the model and its fitted equipment. Registered to RED FLAG TWO LTD in Dayton, Ohio, this specific G450 presents the standard executive fit and avionics common to Gulfstream examples of its build year.

The cabin of N237GR conforms to the Gulfstream G450’s typical executive arrangement, accommodating a nominal 12–16 passenger executive layout across three zones—forward, center, and aft—with options for a forward and/or aft galley. Avionics are fitted with the Honeywell Primus Epic / PlaneView suite, supporting modern flight management, communications, and integrated cockpit systems used in charter and corporate operations. Typical operations for this aircraft type and configuration include long-range corporate missions and executive charter flights up to intercontinental sectors within its 4,350 nm range and at cruise speeds around 459 kts, operating from its owner’s home base in Dayton, Ohio. Maintenance considerations align with twin Tay-powered Gulfstreams, with overhaul and inspection cycles commensurate with corporate flight schedules.

The Gulfstream G450 (GIV-X) occupies the large-cabin, long-range corporate jet niche, offering transcontinental and intercontinental capability with a high operational ceiling of 45,000 ft. Competitors in this segment include other large-cabin business jets that balance range, speed, and cabin size; the G450’s combination of cruise performance and cabin flexibility maintains steady buyer and charter demand. Resale and maintenance considerations for this airframe emphasize engine program enrollment, tracking of life-limited components, and the value impact of avionics suites such as the Honeywell Primus Epic / PlaneView, which contribute to its assessed $17,500,000 valuation.