Light jet

N302SB

2003 Gulfstream G550

Registered No accidents on file
Built
2003
Serial
5026
Class
Light jet
Engines
2 × Rolls-Royce BR 700 series
Status
Current as of October 2026
Registered owner
Schell Brothers II LLC (LLC)
Based
Rehoboth Beach, DE
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2003 Gulfstream G550
Representative photo of a Gulfstream G550. Not a photo of N302SB.
Registration record

N302SB on the FAA register

Type
2003 Gulfstream G550 (FAA: Gulfstream GV-SP (G550))
Serial
5026
Engines
2 × Rolls-Royce BR 700 series
Registered owner
Schell Brothers II LLC
Rehoboth Beach, DE
Certificate issued
2021-01-06
Airworthiness date
2003-12-03
Registration expires
2028-01-31
Airworthiness class
Standard · transport
Mode S (hex)
A32852
Mode S (octal)
50624122
Seats (type)
20
Weight class
12,500–19,999 lb
Range (type)
6,750 nm
Cruise (type)
500 kt
Status
Current as of October 2026
Registry history

Timeline

  • 2028-01-31
    Registration expires (renewal due).
  • 2021-01-06
    Certificate of registration issued as N302SB to the current registrant.
  • 2006-02-28
    N302SB previously assigned to a Mooney M20J 201 / M20J Mse / M20J 205 (s/n 24-0933); cancelled.
  • 2003-12-03
    Airworthiness date on the current FAA record (standard category (transport)).
Overview

About N302SB

N302SB is a 2003 Gulfstream G550 (FAA model GV-SP (G550)), serial number 5026. The FAA register lists Schell Brothers II LLC as the registrant in Rehoboth Beach, Delaware. The current certificate of registration was issued on January 6, 2021 and expires on January 31, 2028.

The FAA aircraft reference file describes the type as a light jet, two Rolls-Royce BR 700 series engines and 20 seats. Published figures for the type give a cruise speed of about 500 knots and a range of about 6,750 nm; actual performance depends on configuration, load and conditions. Its airworthiness certificate is standard category (transport), dated December 3, 2003.

No NTSB accident or incident reports and no FAA preliminary notices are on file for this airframe as N302SB. 1 earlier record involves a different aircraft that carried the same N-number.

Cruise
500 kt
Range
6,750 nm
Power / thrust (each)
15385
Fuel burn
440 gph

Published figures for the Gulfstream G550 type. They describe the model, not this airframe's equipment or condition. Gulfstream G550 specs, prices and for-sale inventory →

Safety record

Accident & incident history

2004-07-11 Accident · Hackettstown, NJ Damage: Substantial Minor injury NTSB · NYC04LA163
Reported aircraft: Mooney M20J — a different aircraft that carried the N302SB registration before this airframe.
Probable cause: The pilot's inadequate preflight inspection, which resulted in the total loss of engine power due to fuel contamination, during the initial climb after takeoff.

Sources: NTSB aviation accident database and CAROL case system, FAA preliminary accident & incident notices. Search accident records

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Browse: Gulfstream aircraft for sale· Gulfstream G550 overview· Aircraft registered in Delaware· Registry by state· FAA registry stats

Data: FAA Aircraft Registry (October 2026), including deregistered aircraft; NTSB and FAA accident data; fyiAero listing history. Individual owners' names are shown to signed-in users and street addresses are never shown. Type figures are published specifications, not this aircraft's.