Operating Cost main page The total annual budget for flying a Citation Mustang private jet 200 hours per year is approximately $448,624 or $667,099 for flying 400 hours per year. ... 2009 CESSNA AIRCRAFT CO LC41-550FG. These numbers are based on a Fuel Cost of $5.50 per gallon and a maintenance shop Rate of $107.00 per hour. Ouch. The Cessna 150 burns about 5.6 gallons per hour with Avgas typically costing about $6 per gallon, hourly fuel costs for the Cessna 150 run between $30-$34 per hour. Wilmington, DE. Without people renting aircraft, we wouldn’t have the general aviation market we have now. End Model Year: In Production. All of this propels the Denali at a speed of up to 285 knots, with a range of 1,600nm with 4 passengers and a single pilot. The answer would be buy, you should always buy, that is the only option! Its simple yet elegant systems are intuitive as any turboprop allowing for straightforward repairs and troubleshooting. When researching an aircraft, you may find both statistics, or you may just find one. Smith is also owner of Sky Smith Insurance Agency. Pretty… This aircraft features a new design and has a sturdy landing gear, which is suitable for take off from runways that are not upgraded and short fields. The fewer hours per year that you fly, the more it costs per hour, because there are many fixed costs, such as insurance, hangar or tie-down, annual inspection, which are the same, whether you fly 100 hours or 10 hours each year. Insurance. Twin-engine aircraft are a good example to explain this. We won't address the loan question here, but our downloadable worksheet provides a way to calculate the effect of loan payments on the cost of ownership. A cross country trip of 1,500 miles with an average 25mpg would cost about $150. If you do not fly very much, or you really are not in a financial position to buy a Cessna 150 or Cherokee 140, rental is an option. RANGE: 903 NM / 1,039 SM SPEED: 182 KTS / 209 MPH PRICE: $226,500.00 MAX PASSENGERS: 5 people CESSNA T210R. Flying 450 Hours per Year. OFFICE DUNNINGEN; Stollenweg 12; D-78655 Dunningen; Germany Routing; OFFICE FRANKFURT; Thurn-und-Taxis-Platz 6; D-60316 Frankfurt a. M. Germany Routing; Questions? One of the topics I always talk about in my seminars is the cost of ownership. (both aviation and car gasoline can be used with the appropriate approval.) As pilots, renters, and wannabe owners, there is no question. This breaks down to $260.23 per hour. For the second year, AOPA Pilot is making Conklin and de Decker’s aircraft operating cost comparison available to those shopping for business jets; new this year are the costs of turboprops. The goal is to fly whenever you can, and if renting or being a member of a flying club is the best way, that is still part of aviation. Pretty… Refurbishing and modernization: $2,755.40. In fact, I was looking at new pontoon boats and some retail for well over $100,000. The total annual budget for flying a Citation X private jet 200 hours per year is approximately $1,075,202 or $1,688,733 for flying 400 hours per year. Compare the fixed costs, variable cost, and performance of over 500 jets, turboprops, helicopters and piston aircraft, with accurate data from Conklin & de Decker. Conversely, more hours means more fuel, and that's a big expense, no matter what you fly. Fuel costs for a Cessna 172. Cessna Denali is powered by a single turboprop engine manufactured by GE Aviation. RANGE: 790 NM / 909 SM SPEED: 231 KTS / 266 MPH PRICE: $346,944.83 MAX PASSENGERS: 5 people CESSNA 421C. Watch the video produced by GE Aviation on the progress of the Catalyst. Understand where the costs of ownership: $ 60,911.59 total fixed cost 49,296.84... 4.5 Million aviation market we have now not as nice as ours and is not much different a. 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