How much does it cost to operate a jet per hour?

How much does it cost to operate a jet per hour?

These costs typically range from $1,000 per hour on a small jet like an Embraer Phenom 100 to over $10,000 per hour on larger aircraft such as a Global 5000 or Gulfstream G650ER. Average Cost per Flight Hour: The total flight hours is the length of time an aircraft operates – from takeoff to landing.

How much does it cost to operate a business jet?

Regardless of where and how frequently you intend to fly, jet owners are faced with substantial ongoing expenses, beginning with routine maintenance and on-the-ground downtime. As a rule of thumb, you can expect to pay around $500,000 to $1 million annually in operating costs.

How much does it cost to maintain a BOEING 737?

Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the BOEING 737-200 has total variable costs of $3,094,110.00, total fixed costs of $321,630.00, and an annual budget of $3,415,740.00. This breaks down to $7,590.53 per hour.

How much does it cost to operate a Boeing 787?

Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the BOEING 787-8 has total variable costs of $4,056,300.00, total fixed costs of $532,500.00, and an annual budget of $4,588,800.00. This breaks down to $10,197.33 per hour.

What is the cost of owning a private jet?

Owning a private jet comes with a minimum price tag of $3 million for a pre-owned light jet, to more than $50 million for a heavy jet like a Global 6000 or Gulfstream 650ER. However, chartering a private jet can be as low as Rs1. 5 lakh per hour in an aircraft like Cessna Citation II to as high as Rs3.

What is the cheapest jet to operate?

Cirrus Vision SF50 jet
As a quick summary, the least expensive to operate is a Cirrus Vision SF50 jet at $661.53 per hour. The most expensive, as you might expect, is a private airliner.

How is aircraft operating cost calculated?

Simply add up all of the expenses for one year, and divide by the number of hours flown. Overall expenses go up the more the aircraft is flown, but hourly operating costs go down. The most common mistake made in computing hourly costs is an error of omission.

What is the cost of a private jet?

How much does it cost to maintain a Boeing?

Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the BOEING 747-400 has total variable costs of $7,812,774.00, total fixed costs of $416,150.00, and an annual budget of $8,228,924.00. This breaks down to $18,286.50 per hour.

How much does airplane maintenance cost?

The average maintenance cost per flight hour for the 11 years has been about $210 while the cost per year for the most recent year, as shown, was $625. This is a very significant point to make especially if it ensures longer-term employment.

How much does a 787 9 Cost?

Boeing’s 737 aircraft series have emerged as the company’s best sellers. The Boeing 737 twinjet is a shorter, more economical model similar to Boeing’s 727 and 707….Average prices for Boeing aircraft as of March 2021, by type (in million U.S. dollars)

Aircraft type	Price in million U.S. dollars
787-8	248.3
787-9	292.5