Many costs factor into the economics of small aircraft ownership. On average, a $75,000 financed Cessna winds up costing $200 per hour, if flown 100 hours per year, with $80 going toward fuel, oil and maintenance. Similar aircraft may be rented for about $125 per hour.
How much does it cost to fly a 747 per hour?
The average airborne operating cost of a Boeing 747-400 is between $24,000 and $27,000 per hour, around $39.08 to $43.97 per mile, using approximately $15,374 in fuel per hour.
How much does it cost to hire a private jet per hour?
PRIVATE JET PRICES BY THE HOUR
|Citation Mustang||Cost efficient Very Light Jet (VLJ) for short trips, widely available for charter||£1,300/ €1, 535 / $2,037|
|King Air BE 200||The most popular twin turboprop, offering comfort and shorter runway access.||£1,350/ €1, 592/ $2,116|
How do you calculate flight hour cost?
Cost per flying hour (CPFH) is a well-known DoD cost metric. As the name suggests, CPFH is calculated as an aircraft fleet’s costs divided by its flying hours: CPFH = Total O&S Costs Total Flying Hours .
How much does it cost to fly a 777 per hour?
The average hourly rental rate of the Boeing 777-300 is around 25,900 USD per hour.
How much does it cost to fill up a 747 airplane?
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 $851,244.00, and an annual budget of $8,664,018.00. This breaks down to $19,253.37 per hour.
Can you smoke on a private plane?
Can you smoke on a private jet? The short answer is yes, although whether or not you can on a specific aircraft is determined on a case by case basis. … If your preference is to enjoy a cigar, pipe or cigarette while you are in flight, we will arrange for an aircraft that allows smoking.
What is the cheapest way to fly private?
The cheapest form of private flight is an empty leg. These are journeys that are scheduled to fly without passengers so any money the company makes is a bonus. Another is the prepaid jet card, where members can buy time in jets by the hour and renew as needed.
How rich do you have to be to fly private?
To fly private on a regular basis, it’s best to have both a $1+ million annual income and $25+ million net worth. In years when your income drops below $1 million, even if you still have a $25 million net worth, fly commercial instead.
What is the cheapest private jet to buy?
The cheapest private jet on the market is the small but mighty Cirrus Vision Jet at $1.96 million. The Vision Jet is the world’s first single-engine private jet, powered by a Williams International FJ33-5A turbofan engine that produces 1,800lbs of thrust.
Is owning a plane worth it?
It really depends on what kind of flying you like to do and how much you want to fly, plus how much enjoyment you’ll get out of “pride of ownership.” If you like to go on long trips or want/need a plane that’s not something you can rent (like a twin, experimental, etc.) then yes, owning is worth it.
How much does airplane fuel cost?
Gas and Oil
The average small plane fuel burn rate is five-to-10 gallons per hour. Aviation fuel is significantly more expensive than typical automotive fuel, averaging $5 dollars per gallon.
How much does a 100 hour inspection cost?
The cost of 100 hr. inspections will vary with the engine type, the number of engines, and the age of the airframe. You can expect a base price for the 100hr. inspection on a single small piston engine to start at around $900 and increase from there with the age of the engine.
How much is jet fuel gallon?
As of Monday afternoon, Jet-A is selling to corporate jets for an average of $5.21 per gallon. (Fuel is usually more expensive on the coasts and cheaper in the Midwest.) Because the cost of Jet-A closely tracks the price of a barrel of oil, fuel costs for private jets have quadrupled since 2000.
How much fuel does a 737-800 burn per hour?
Boeing 737-800 Engine
This aircraft burns 850 gallons of jet fuel per hour, or about 80% of the fuel required by an MD-80 on a comparable flight, even while carrying more passengers than the latter.
How much does a plane make per flight?
Here’s How Much Airlines Are Profiting Off Your Plane Ride
According to the Wall Street Journal, the average “profit per passenger” of the seven largest U.S. airlines was $17.75 — for just a one-way flight — and the average profit margin across those seven airlines was 9% in 2017.