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Illustration of a Gulfstream G550. Not a photo of N1799C.
Illustration of the Gulfstream G550, not a photo of N1799C.

N1799C 2006 Gulfstream G550

Serial number 5128. Registered to Caruso Development Co LLC, Los Angeles, CA, US.

  • 2006Built
  • 20Seats
  • 6,750 nmRange
  • 488 ktCruise
  • 51,000 ftCeiling

INSIDE

The Gulfstream G550 cabin.

Illustrations of a typical Gulfstream G550 cabin, not N1799C’s. Every aircraft’s completion differs.

The long cabin of a Gulfstream G550, with ivory club seats, a conference table and large oval windows
A typical Gulfstream G550 cabin.
Top-down view of a Gulfstream G550 cabin. Typical 16-passenger layout: forward club, a dining group opposite a divan, an aft stateroom.
Typical 16-passenger layout: forward club, a dining group opposite a divan, an aft stateroom.

RADAR ESTIMATE

What N1799C is worth, and where it’s heading.

Radar's aircraft value model for a 2006 Gulfstream G550, starting from typical time. Move the hours, the engine program and the horizon to see what each is worth. An estimate, not an appraisal: the logbooks, damage history and programs on N1799C move the number.

2006 G550 · 7,200 hrs · On program

$14.5M

$12.9M$16.2M
In 2031
$11.4M
Value kept
79%
Per year
−4.7%
Program effect
$1M
Confidence
Medium

5-year projection

As of today, on and off an engine program, at 360 hrs a year

$9.4M$11.4M$13.4M$15.5MNow20272028202920302031On program $11.4MOff program $10.3M
Engine program
Horizon
Value N1799C in the full tool

RECENT SALES

What G550s have sold for.

Source-reported sale prices for the type, the same market evidence the Radar value model calibrates on. Each sale is a different aircraft with its own hours, programs and records.

Reported sale N1799C, Radar Estimate
  1. 2014 G550 Sold Jul 10, 2026 $22M
  2. 2006 G550 Sold Jul 6, 2026 · on program $13M
  3. 2012 G550 Sold Jul 6, 2026 · on program $25.9M
  4. 2015 G550 Sold Jun 17, 2026 · on program $24.5M
  5. 2008 G550 Sold May 1, 2026 · on program $17M
  6. 2015 G550 Sold Apr 6, 2026 · on program $28M

SPECIFICATIONS

Gulfstream G550 specs

Published figures for the type, from public sources. A given aircraft varies with its completion, weight and mods.

Model
Gulfstream G550
Year
2006
Serial number
5128
Engines
2 × Rolls-Royce BR700 / BR710 C4-11
Thrust
15,385 lbf each
Seats
Up to 20
Range
6,750 nm
Cruise
488 ktas
Published Mach
0.85
Ceiling
51,000 ft
Fuel capacity
6,164 US gal
ICAO type
GLF5

THE AIRCRAFT’S LIFE

N1799C, from delivery to today.

Registration events from FAA records, compiled November 2025. Maintenance, damage and component history live in the logbooks, not the registry.

  1. Private owner

    FAA registry
  2. Canal Air LLC

    Registration/ownership entry for Canal Air LLC (earlier record).

    FAA registry
  3. Canal Air LLC

    Registered to Canal Air LLC (prior registration).

    FAA registry
  4. Caruso Development Co LLC

    Registered to CARUSO DEVELOPMENT CO LLC (certificate action recorded for registration N1759C).

    FAA registry

FAA REGISTRATION

Registration details

Registration
N1799C
Airworthiness date
Oct 3, 2006
Last FAA action
Oct 9, 2025
Mode S code (hex)
A12F56
Aircraft category
Fixed-wing multi-engine
Weight class
12,500-19,999lbs

From FAA registry data as of November 2025. Check the FAA registry for the current record.

OWNERSHIP

Registered owner

Caruso Development Co LLC

Corporation · Los Angeles, CA, US

EQUIPMENT AND HISTORY

As reported in public sources

Avionics
PlaneView / Honeywell Primus Epic
Cabin
Typical executive 14-19 passenger layout (customer completions vary)
Interior
Large-cabin executive completion options; exact interior varies by completion and operator.

Listings and registries are not the logbooks. A pre-buy confirms equipment, program status and damage history from the records themselves.

RESEARCH NOTES

About N1799C

Compiled with AI assistance from the public sources listed below, November 2025. Not checked against the aircraft's logbooks.

Overview

This article covers airframe N1799C, a factory-built Gulfstream G550 (GV-SP) delivered in 2006 with manufacturer's serial number 5128. The type was manufactured by Gulfstream Aerospace and is registered in the US; current recorded owner is corporate operator Caruso Development Co LLC, based in Los Angeles, CA, US. No publicly noted major registry changes beyond the current corporate ownership are recorded in the supplied data.

Operations & Cabin

The cabin is fitted in a typical executive configuration accommodating 14-19 passengers as the standard customer completion for the G550, while the specific seating on this airframe is noted as 20. Avionics on N1799C are listed as PlaneView / Honeywell Primus Epic, supporting integrated flight management and long-range operational capability. Operated from the owner’s base in Los Angeles, CA, US, the aircraft’s range of 6,750 nm and cruise speed of 488 kts make it suitable for transcontinental and many intercontinental executive missions without frequent enroute stops. Maintenance considerations for this airframe align with high-time Rolls-Royce BR700/BR710 powerplant care and factory-recommended inspections; corporate ownership suggests centralized, operator-managed maintenance programs.

Model & Market Context

The Gulfstream G550 (GV-SP) occupies the long-range large-cabin niche, offering transoceanic capability and a high service ceiling of 51,000 ft, which supports favorable fuel burn and time-saving cruise profiles. Primary competitors include other long-range business jets in its class, and buyer or charter demand typically favors airframes with comprehensive avionics suites such as PlaneView / Honeywell Primus Epic and low localized maintenance risk. Resale and maintenance considerations for this specific airframe reflect its 2006 build year, Rolls-Royce BR700/BR710 engines, and the corporate ownership structure of Caruso Development Co LLC, factors that influence marketability and ongoing operational costs.

SOURCES

Where this page comes from

Built from FAA registry records, manufacturer specifications, and public flight-tracking and market data, compiled November 2025. Values come from Radar’s aircraft value model. Owners and operators can ask for a correction or removal.

BUYING, SELLING OR FINANCING

What to check before a deal