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Gulfstream unveils 'most spacious' G700 private jet

Gulfstream raised the curtain this week on its widely-anticipated G700 long-range jet, in a bid to rival Bombardier's Global 7500 aircraft.

The Global 7500 was the first business jet to have a queen-sized bed and hot shower.

But Gulfstream is promising an "unprecedented" flight -- hailing the G700 as quote the "most spacious, best-performing aircraft in the business-jet industry."

It also features a master suite and shower, and up to five living areas in a cabin that can seat up to 19 passengers and sleep up to 10.

With a $75 million price tag, Gulfstream executives say it will be the "tallest, widest cabin," in the industry and can fly up to 7,500 nautical miles.

Customer deliveries are expected in 2022.