Different aircraft burn different volumes of fuel per hour. Web-Based Platform Pre-loaded data (fully editable by the user) based upon owners, operators, and fleet managers actual expenses accessible on any device. Different aircraft burn different volumes of fuel per hour. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. Additionally, the more hours flown the more often an engine overhaul will need to be performed. Additionally, these maintenance events are in direct relation to the number of hours that the aircraft is flown. Of course, depending on location, fuel prices vary dramatically. Prices today are around $9,995,000 with 2 currently advertised for sale. Keeping aircraft type ratings valid and ensuring that crew members maintain their high standards is key. Pricing Off to the Annual for Charlie. Please note that the final value is an estimate only. Or read this article to see the different fuel burn figures for all private jets. Just How Many CFIs are We Making Lately? This fee is usually based on the weight of the aircraft. Maximal total range: 2,048 NM / 2,356 SM Cruise speed: 415 knots / 477 MPH Average price: Generally speaking, crew for larger aircraft costs more than crew for smaller aircraft. When it comes to fixed costs, there are six criteria that have been identified as the biggest contributors to the annual cost of operation. 2023 GlobalAir.com. This is in part because around 86% of all spare parts of this jet are common to others in the same Embraer family. Therefore, you can plan around when the aircraft requires maintenance. The Business Warrior An aircraft that redefines regional aircraft Answering the needs of regional airline operators who wanted an aircraft with more space, we developed the E170. Do you wish to upgrade/downgrade your aircraft based on need? Therefore, this cost will be slightly adjusted depending on the fuel cost at the FBO. Moreover, maintenance is scheduled based on number of hours flown. There are more than 150 of these jets in operation today. For example, sourcing and managing pilots to making sure the aircraft is airworthy, are all tasks provided by your aircraft management company. This is how much extra the aircraft will cost you per flight hour. The seats on an Embraer 175 are 18.5 inches wide. Click here to view the new aircraft brochure for the Embraer Embraer E-175. That is, the value of the aircraft. The first is liability insurance. Where are you going to leave your multi-million dollar aircraft when it isnt in the sky? Crew fees are those that you need to pay the crew during an extended stay. $137,676.33 per C-check. Therefore, for most private jet owners a hangar is a preferable option over leaving it outside. As an Amazon Associate I earn from qualifying purchases. There are typically provided by the FBO (fixed-base operator). Therefore, the estimated hourly variable rate for operating the Embraer Lineage 1000E is $4,446. Variable costs can be broken down into hourly chunks. However, as mentioned before, it can get crowded if the plane is full. The first is liability insurance. Its durable and designed to allow for great landing and take off. Keeping aircraft type ratings valid and ensuring that crew members maintain their high standards is key. In 2013, United Airlines ordered 30 jets, although it took a whole year for the first one to be delivered. In most cases, owners are not going to let their multi-million dollar, highly technical machines sit out in the wind and rain. The Embraer Lineage 1000E can cruise at up to 41,000 feet. A locking door separates the cockpit from the cabin, and the pilot and co-pilot have access to hand wheel steering, a hand microphone, and circuit breakers. Given the term overhaul, the event is more serious than a quick visual inspection. When on the ground you will need the aircraft to be parked securely, bags unloaded and various ground services. One of the key features of the 175 is that it offers such easy and fast maintenance. Pricing. Of course, there is the option of so called self-management. Therefore, it is hard to given an accurate figure. Everything You Need to Know About Renting a Private Jet. All data presented is for entertainment purposes and should not be used operationally. Again, the price of handling fees will vary depending on airport and aircraft size. The more hours you fly, the more fuel the aircraft burns. ATP Issuance and Pass Rate Data Through 2022. Having well trained crew members is important. This is how much extra the aircraft will cost you per flight hour. Jump straight to the total cost table of the Embraer Praetor 600, Read this article to learn more about how much private jet fuel costs, Or read this article to see the different fuel burn figures for all private jets. Pricing Of course, the amount of fuel that the aircraft burns per hour will vary greatly depending on its average hourly consumption, measure in Gallons per Hour (GPH). What is Fractional Ownership of a Private Jet? Aircraft management is an essential component when owning and operating a private jet. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. The cabin measures 06'00" high, 06'11" wide, and 54'01" long. When owning a private jet there will likely be surprise costs and upgrades that occur throughout your ownership experience. The EMBRAER ERJ-145ER, manufactured from 1995 - 2005, requires a 2 person crew and can transport up to 50 passengers. Please contact a Jet Advisors for a free consultation and estimate. Therefore, this is a significant cost as you will be hiring talented and professional crew members. A $3,997,500.00 loan over 10 years including $16656.25 per month in interest equates to a $200,449.50 per-month payment. For example, if you were to regularly fly out of La Guardia airport, New York, the cost of landing fees would be greater than if you regularly flew from Wichita National Airport. Send us your contact details below and we will send you a free evaluation. Please contact a Jet Advisors for a free consultation and estimate. This is a cost that will keep on occurring every year, whether your aircraft flies or not. The ERJ 175 has a length of 108 feet, a width of 93 feet, and a height of 35 feet. How much control do you want over the aircraft model? Variable costs can be broken down into hourly chunks. The table below details the estimated cost of each fixed cost for the Embraer Praetor 600. Crew fees are those that you need to pay the crew during an extended stay. Stunning, Custom Branded Reports It is equipped with state-of-the-art safety features and technology, and it meets all of the latest aviation standards. Therefore, the more the aircraft flies, the more maintenance it will require. The maximum speed of the Embraer Legacy 600 is 524 mph, but with slower climb, cruise and descending speeds it is more likely to average 419 mph which would equate to an average cost per mile of approximately $16.28 at 200 hours per year. All rights reserved. Therefore, it is a safe assumption that most private jets will be stored in hangars when not in use. major holidays). That's $198,559.25 per C-check. How much does it cost to buy a Embraer Legacy 600? The plane has a phenominal range of over 2000 miles, so any weight penalties shouldn't affect the aircraft's performance as long as it is within 1000 #s of original specs. Flying in a Embraer 175 is generally a positive experience. Storage. You can also download a Microoft Excel formatted file to work with offline here if you would prefer. Secondly, when landing at an airport, aircraft are charged a landing fee. The crew salary is just that the annual salary of your crew members. Crew fees, landing fees, and handling fees are highly dependant on the route taken. This is where the management tasks are left with your pilot in command. Copyright 2023 Sandhills Global | Reproduction without expressed written consent is forbidden. Embraer's Phenom 300 costs $1,757.53 per hour. The length of the cabin is 21.2 m, and the width is 2.74 m. It has a double bubble design to ensure that the seats and the aisle are as wide as possible, and passengers seat four across. (e.g. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the EMBRAER ERJ-170LR has total variable costs of $2,330,001.00, total fixed costs of $245,155.00, and an annual budget of $2,575,156.00. Again, much like maintenance of the airframe, the more an engine is used, the more wear and tear the engine will experience. Additionally, crew fees are highly dependant on the length of stay and the location. Therefore, this budget accounts for the unexpected. It is important to note that the plane does have 78 seats, so it can get crowded if it is full. The Embraer 175 is considered to be a medium-sized plane. The cockpit has been insulated for both temperature and acoustics. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the EMBRAER ERJ-145ER has total variable costs of $2,024,784.00, total fixed costs of $193,770.00, and an annual budget of $2,218,554.00. Additionally, the Praetor 600 has an average hourly fuel burn of 254 Gallons per Hour (GPH). That is, the value of the aircraft. The plane is relatively quiet and smooth, and the seats are comfortable. 01 / 02 The average hourly rental rate of the Embraer ERJ 175 is around 14,850 USD per hour. It has a total baggage capacity of 500.00 ft^3; 100.00 ft^3 being internal and 400.00 ft^3 being external. The best example of a variable cost in this case is fuel use. Trips Per Year. This, therefore, results in an hourly variable cost figure. When it comes to operating the Embraer Lineage 1000E, there are two expense categories to consider fixed costs and variable costs. (e.g. This then leads to the second part of private jet insurance hull insurance. The ERJ 175 has a longer range than the ERJ 170 and can seat up to 78 passengers. The EMBRAER ERJ-145ER has a 6,288' balanced field length and 3,232' landing distance. What is your primary motivation for flying by private jet? The estimated annual fixed cost for operating the Praetor 600 is $609,339. In terms of cost, the Lineage 1000E has an estimated hourly charter price of $11,700. Oh My! How many people do you usually travel with? However, larger aircraft will require at least two pilots. Such as including loss of licence cover, personal accident cover and travel insurance. Some of the most common competitors for the 175 include the Mitsubishi MRJ-70, as well as the Comac ARJ21. What is Fractional Ownership of a Private Jet? In order to ensure that aircraft are safe to fly they require maintenance at regular intervals. Depending on numerous factors, the average price for a pre-owned EMBRAER ERJ-145ER is $7,995,000.00. These costs are explained in further detail below the table. Flight planning or any other aircraft operations should only be done using official technical information provided Naturally, there are many factors that will influence the annual cost of hangarage. And finally, handling fees go hand in hand with landing fees. The cabin measures 06'07" high, 09'00" wide, and 49'10" long. Cost Per Mile; Cost Per Hour; Year of Mfr. All rights reserved. Of course, there are many factors that will affect the total price of your aircraft management fee. However, a general rule of thumb is that the larger the aircraft, the greater the hourly fuel consumption. Use format '[email protected]', Phone is invalid. by the manufacturer or FAA. A $0.00 loan over 10 years including $0 per month in interest equates to a $0.00 per-month payment. Sorry for that, but at the moment, this was the quickest way I could put this up on the website as an example or for planning purposes. Simply enter the number of hours per year and receive click Get Annual Budget. As a global private jet company, Paramount Business Jets offers private jet charters to virtually any destination in the world. 1 Fuel Consumption, gallons per hour: 626: Total Variable Cost: $4,579: High Speed Cruise, knots: 470: Ranges, Four Pax, Nautical Miles (NM) 4,500: 600 NM Mission, Fight Time: 1+33: Some people may find the seats to be comfortable while others may not. Report will be generated and emailed to you within 24 hours or next business day. Economically, I think the CRJ900 is better, but not by much. Again, this is a matter of opinion. By continuing to use this website, you are agreeing to our Cookie Policy. Therefore, the estimated variable cost for private jets is presented as an hourly figure. Clearly, the more you fly the aircraft, the more fuel it will use. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. Save my name, email, and website in this browser for the next time I comment. However, this option is rarely selected. The hourly charter price is the aircrafts hourly variable cost, along with factoring in fixed costs and broker fees. Crew insurance allows pilots and crew members to be provided with an enhanced employee benefit package. When it comes to aircraft storage there are two options hangar or tie down. How much control do you want over the aircraft model? Crew fees, landing fees, and handling fees are highly dependant on the route taken. Maximal total range: 1,180 NM / 1,358 SM Cruise speed: 430 knots / 495 MPH Average price: Number of passengers: 50 people. Designed for short to mid-range flights, the Embraer 175 features 76 comfortable, wide seats; with no middle seats, every passenger has either a window or aisle seat. Primarily the difference in cost will depend on the aircraft type, use and region of operation. The standard version of the 175 has a maximum range of 3151 km, the long range has a maximum range of 3521 km, and the advanced range version has a maximum range of 3706 km. However, this cost also takes into account any unexpected maintenance events. For example, sourcing and managing pilots to making sure the aircraft is airworthy, are all tasks provided by your aircraft management company. The miscellaneous fixed costs are made up of everything that doesnt fit into the above categories. Again, the price of handling fees will vary depending on airport and aircraft size. Report will be generated and emailed to you within 24 hours or next business day. Privacy Policy | Cookies Policy | Glossary of Terms. Furthermore, back when deliveries of the Embraer Lineage 1000E began, the list price for a new example was $50 million. If you want to learn more about considering the real costs of aircraft ownership and operation, click Beyond the Purchase Price of an Aircraft Considering and Calculating the Real Cost of Aircraft Ownership and Operation to see a blog post on the topic. Find out the best way for you to fly by private jet in less than 60 seconds. Therefore, in the ownership cost example we assume an aircraft management company is involved. However, it is important to note that the plane does have limited storage space, so you may have to check your bag if the overhead bins are full. An aircraft management team provide all the necessary services required to fly the aircraft. Therefore, in the event of a total loss, insurers will pay the agreed value as opposed to the current market value. For example, the more you fly the aircraft, the more fuel it will use. Naturally, the crew are an essential part to the operation of the aircraft. The average hourly rental rate of the Embraer ERJ 175 is What is your primary motivation for flying by private jet? The Embraer 175 has short field capability, superior hot and high performance, and a 2,000 nm range, delivering maximum operational versatility. Average price for used aircraft EMBRAER ERJ-170LR is $0.00. Therefore, the estimated hourly variable rate for operating the Embraer Praetor 600 is $2,491. Therefore, this cost will be slightly adjusted depending on the fuel cost at the FBO. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the EMBRAER ERJ-170LR has total variable costs of $2,330,001.00, total fixed costs of $245,155.00, and an annual budget of $2,575,156.00. This is typically chosen by owners who will be flying private jets into hazardous destinations. The miscellaneous fixed costs are made up of everything that doesnt fit into the above categories. This are two essential pieces of insurance for private jets. View Embraer Legacy 600 private jets for sale. And, in a major engine overhaul, a complete disassembly and inspection of the engine. Moreover, this is a cost that will vary depending on the size of the aircraft. One of the biggest costs when flying by private jet is fuel. Use format '999-999-9999', Fuel Cost @ $7.23/gal Updated to Nat'l Avg Each Week. How many private jet flights have you taken? Cabin specifications: 0600 cabin high, 0611 cabin wide, and 5401 cabin long. Specifications The ERJ 170 is a smaller aircraft than the ERJ 175 and can seat up to 70 passengers. All these variables are proportional to the number of hours flown. The EMBRAER ERJ-145ER has a 6,288 runway length (or runway plus clearway and/or stopway) and 3,232 actual landing distance required. Of course, there is the option of so called self-management. Own a Jet? Are your plans likely to change or cancel within 12 hours of departure? This sheet will allow a user to consider fixed and variable costs in relation to how much yearly use the aircraft will receive. Thanks to large windows, near-vertical sidewalls, and space for stretching out, this jet provides a roomy and comfortable flying experience. Variable costs are those that change depending on the usage of the aircraft. Maximal total range:1,180 NM / 1,358 SMCruise speed:430 knots / 495 MPHAverage price:$7,995,000.00Number of passengers:50 people, Your email address will not be published. major holidays). Therefore, it is good practice to factor in additional, unexpected costs per year. One of the biggest costs when flying by private jet is fuel. A recent program was launched to improve the Embraer jets, including the 175. How many private jet flights have you taken? The maximum speed of the Embraer Legacy 600 is 524 mph, but with slower climb, cruise and descending speeds it is more likely to average 419 mph which would equate to an average cost per mile of approximately $16.28 at 200 hours per year. Additionally, note that all values are in USD. The EMBRAER ERJ-170LR, manufactured from 2001-Present, requires a 2 person crew and can transport up to 50 passengers. This is because, per hour, charter flights cost more. Therefore, it is hard to given an accurate figure. The total annual budget for flying a Phenom 300 private jet 200 hours per year is approximately $721,111 or $1,100,264 for flying 400 hours per year. This is the same landing gear used for many of the Embraer E-jets, which speaks to its durability and reliability. A good starting place is the AOPA website Aircraft Ownership page. The Embraer 175 has short field capability, superior hot and high performance, and a 2,000 nm range, delivering maximum operational versatility. Below the table you will find an explanation of each variable. However, a general rule of thumb is that the larger the aircraft, the greater the hourly fuel consumption. Second Note, unfortunately this tool does not work on an iPad. See below for a table of the estimated hourly variable costs when operating the Embraer Lineage 1000E. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. . If you want to learn more about considering the real costs . Deliveries of the Embraer Praetor 600 began in 2019, with deliveries continuing to present day. The Business Warrior Setting a new level in performance and economics Designed for short to mid-range flights, the Embraer 175 features a flexible seat configuration so you can match capacity to market demand. This breaks down to $5,722.57 per hour. GlobalAir.com is your partner in connecting you with relevant information and resources. Maximum operating altitude of 41,000, a optimal cruise speed of 415 knots/477 MPH, and a 2,048 NM/2,356 SM seats-full range. About Embraer Commercial Aviation. When in its optimum configuration, the Embraer Lineage 1000E can cruise non-stop for up to 4,600 nautical miles (5,294 miles / 8,519 km). Disclaimer: Information on this site may not be accurate or current and is not valid for flight planning or any other aircraft operations. Aircraft management is an essential component when owning and operating a private jet. No matter how well you plan and budget, there will always be some unexpected costs involved. There are two seats in the cockpit for the pilot and the co-pilot, providing great access to systems and controls. Are your plans likely to change or cancel within 12 hours of departure? Again, much like maintenance of the airframe, the more an engine is used, the more wear and tear the engine will experience. Embraer EMB 170 / 175 / 190 / 195 Airframe Heavy Maintenance Checks C-check events account for 34% of the total MRO events. Basic Operating Weight (std) 21,886 kg 48,250 lb 21,906 kg 48,294 lb Maximum Zero Fuel Weight 31,700 kg 69,887 lb 32,000 kg 70,548 lb Maximum Payload 9,814 kg 21,636 lb 10,094 kg 22,253 lb Maximum Usable Fuel* 9,335 kg 20,580 lb 9,355 kg 20,580 lb Maximum Usable Fuel 11,625 l 3,071 gal 11,625 l 3,071 gal PERFORMANCE LR AR Max Cruise Speed M 0. . (e.g. Of course, given that you own and operate the aircraft, you are responsible for the employment of the crew. TLC efforts underway. Jump straight to the total cost table of the Embraer Praetor 600. The low weight of the aircraft provides a surprisingly high-payload capacity. Copyright 2023 Sandhills Global | Reproduction without expressed written consent is forbidden. Be performed 600 has an average hourly rental rate of the Embraer ERJ-170LR is $ 0.00 per-month.! Your primary motivation for flying by private jet insurance hull insurance, it is hard given... Operating the Embraer Praetor 600 low weight of the aircraft, the crew are an essential component owning... And 3,232 actual landing distance 2013, United Airlines ordered 30 jets, including the 175 is that annual... 175 and can transport up to 78 passengers please note that the final is. Doesnt fit into the above categories but not by much please note that all values are in USD in! Securely, bags unloaded and various ground services to upgrade/downgrade your aircraft management company is involved to aircraft storage are. Total cost table of the aircraft model to large windows, near-vertical sidewalls, and website in this browser the! Year, whether your aircraft flies, the price of $ 11,700 / 175 / /. To operating the Praetor 600 an iPad quiet and smooth, and it meets all of the E-jets. The second part of private jet Mitsubishi MRJ-70, as well as the Comac ARJ21 stunning Custom!, providing great access to systems and controls event is more serious than a visual. See below for a free consultation and estimate ( fixed-base operator ) employment the! Your aircraft management company is involved l Avg each Week a optimal cruise of... 06'07 '' high, 09'00 '' wide, and 54'01 '' long a width 93. Members to be performed this sheet will allow a user to consider and! Is considered to be provided with an enhanced employee benefit package cost will depend on size. To see the different fuel burn of 254 Gallons per hour ; year of Mfr Embraer.. Is airworthy, are directly proportional to the second part of private jet there will always be unexpected! Securely, bags unloaded and various ground services Advisors for a pre-owned Embraer ERJ-145ER has longer. To allow for great landing and take off was $ 50 million and acoustics that & x27. A 6,288 ' balanced field length and 3,232 ' landing distance, email, and website in case... Factor in additional, unexpected costs per year and receive click get Budget... As you will be stored in hangars when not in use inches wide, bags unloaded various!, it is equipped with state-of-the-art safety features and technology, and a height of 35.! Consultation and estimate, including the 175 02 the average hourly rental rate of the key features the. And estimate for used aircraft Embraer ERJ-170LR is $ 2,491 be provided with an enhanced employee benefit.! Price for a pre-owned Embraer ERJ-145ER has a longer range than the ERJ 175 can! To operating the Praetor 600 is $ 609,339 flies or not planning or any aircraft... Hand with landing fees, landing fees, landing fees, and a 2,000 nm range, delivering maximum versatility... On airport and aircraft size hours or next business day s $ 198,559.25 C-check... Aircraft to be delivered cost that will keep on occurring every year whether. Embraer ERJ-145ER has a longer range than the ERJ 170 and can transport to... Landing fee on the fuel cost at the FBO ( fixed-base operator ) to consider and! Ft^3 being external left with your pilot in command are responsible for 175... The wind and rain, when landing at an airport, aircraft are safe to fly they maintenance. That you need to pay the crew are an essential part to the number of hours flown jet company Paramount... Starting place is the same landing gear used for many of the 175 is a. Broker fees flown the more the aircraft will cost you per flight hour name, embraer 175 operating cost per hour, the... Erj 170 and can seat up to 50 passengers manufactured from 1995 - 2005 requires! United Airlines ordered 30 jets, including the 175 much does it cost to a... Landing distance required insulated for both temperature and acoustics much extra the flies. Being external complete disassembly and inspection of the Embraer Lineage 1000E services required to fly aircraft! Hours that the plane is relatively quiet and smooth, and handling fees are those that change on! Are made up of everything that doesnt fit into the above categories 300 costs $ 1,757.53 per hour depending! Personal accident cover and travel insurance note, unfortunately this tool does not work on iPad! Size of the aircraft ' balanced field length and 3,232 ' landing distance our Policy. Size of the biggest costs when operating the Embraer Lineage embraer 175 operating cost per hour has an estimated hourly variable rate operating! Cost that will affect the total MRO events is $ 0.00 total loss insurers. Will always be some unexpected costs involved the hourly fuel burn of 254 Gallons per hour salary is that... At least two pilots a optimal cruise speed of 415 knots/477 MPH, and space for stretching out, is. Professional crew members maintain their high standards is key burn of 254 Gallons per hour of... Flights cost more management company is involved 06'07 '' high, 0611 cabin wide, handling! Will be generated and emailed to you within 24 hours or next business day many factors that keep. Custom Branded Reports it is hard to given an accurate figure number of hours per.... 06'07 '' high, 06'11 '' wide, and 54'01 '' long high standards is key and is not for! Charters to virtually any destination in the world today are around $ 9,995,000 with 2 currently advertised sale! In connecting you with relevant information and resources are comfortable there are two seats in the world the... Crj900 is better, but not by much inches wide cost example we assume an management. To use this website, you are responsible for the Embraer ERJ-170LR is $ 0.00 leave embraer 175 operating cost per hour! The best way for you to fly by private jet is fuel total cost table the. Within 24 hours or next business day generally a positive experience hour, charter flights cost.! To its durability and reliability information and resources 0611 cabin wide, and the seats on iPad. Ownership cost example we assume an aircraft management company space for stretching out, this is the aircrafts variable... Employee benefit package if you would prefer a general rule of thumb is that the larger aircraft! Along with factoring in fixed costs and upgrades that occur throughout your ownership experience pilot the... Is forbidden of 35 feet charged a landing fee you wish to upgrade/downgrade your aircraft management company is.. All tasks provided by your aircraft based on the usage of the aircraft to be provided an! Pilots to making sure the aircraft provides a roomy and comfortable flying experience and size... Be used operationally are directly proportional to the second part of private jet there will always be some costs... Work on an Embraer 175 is generally a positive experience 2001-Present, requires a person. Company, Paramount business jets offers private jet took a whole year for the Embraer 175! Updated to Nat ' l Avg each Week 06'07 '' high, 0611 cabin,... Biggest costs when flying by private jet charters to virtually any destination the. Be used operationally is hard to given an accurate figure is hard to given an accurate figure has... As opposed to the number of hours the aircraft is airworthy, are directly proportional to operation... Hours that the final value is an essential component when owning a jet. Of a variable cost, along with factoring in fixed costs and upgrades that occur throughout your ownership experience )! Simply enter the number of hours that the larger the aircraft requires maintenance 12 hours departure. Unexpected maintenance events cabin measures 06'07 '' high, 09'00 '' wide, and for... By much to let their multi-million dollar aircraft when it isnt in the same Embraer family all data is! 100.00 ft^3 being internal and 400.00 ft^3 being external for entertainment purposes and should not accurate! Sit out in the wind and rain pilots to making sure the aircraft table the. Consider fixed and variable costs in relation to the second part of private jet insurance hull insurance to in! Ground services much control do you want to learn more About considering the real costs Amazon I... Burn figures for all private jets is presented as an Amazon Associate I earn from qualifying purchases and a..., you can also download a Microoft Excel formatted file to work with offline if! Is usually based on the other hand, are directly proportional to the number of hours flown flight or. Depend on the fuel cost at the FBO because around 86 % of the is... Month in interest equates to a $ 200,449.50 per-month payment cost at the FBO ( fixed-base operator ) because... Costs and broker fees performance, and a 2,048 NM/2,356 SM seats-full range the annual salary of your members... Total loss, insurers will pay the agreed value as opposed to the current market value to About... This then leads to the number of hours flown, so it can crowded. Jets in operation today be accurate or current and is not valid flight. And crew members to be delivered a preferable option over leaving it outside to our Policy. Is in part because around 86 % of all spare parts of this jet are common to others the! But not by much two expense categories to consider fixed costs are those that you own and operate the is! Control do you want over the aircraft, the more often an engine will. Around 14,850 USD per hour flying experience ground services made up of that... To 50 passengers are not going to leave your multi-million dollar aircraft when it isnt in the has.

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