Furthermore, back when deliveries of the Embraer Lineage 1000E began, the list price for a new example was $50 million. The following is a LIVE editable, spreadsheet that you can use to consider operating costs of a personal aircraft. Required fields are marked *. One of the biggest costs when flying by private jet is fuel. The maximum speed of the Phenom 300 is 521 mph, but with slower climb, cruise and descending speeds it is more likely to average 417 mph which would equate to an average cost per mile of . Find and Compare EMBRAER ERJ 145 for sale Also Consider. The best example of a variable cost in this case is fuel use. 2023 Liberty Jet Management All rights reserved. All rights reserved. There are further parties involved. Will you be flying at peak times? around 14,850 USD per hour. Read this article to learn more about how much private jet fuel costs. E175 in detail Share this aircraft Range E170 E175 E190 E195 In order to ensure that aircraft are safe to fly they require maintenance at regular intervals. In the market to buy, sell or manage a jet you own? The fuselage design of the jet is purposeful, to ensure that passengers can enjoy as much personal space as possible. Embraer 120 Brasilia Charter Rates (Per hour) One-way $3,120 - $3,822 Round-trip $2,808 - $3,440 Additionally, these maintenance events are in direct relation to the number of hours that the aircraft is flown. Again, this is a matter of opinion. Privacy Policy | Cookies Policy | Glossary of Terms. E175 E190 E195 E-JETS. That is, the value of the aircraft. RANGE: 2,383 NM / 2,743 SM SPEED: 415 KTS / 478 MPH PRICE: $9,950,000.00 MAX PASSENGERS: 50 people Embraer Country: Brazil Manufactured: 2004 to: Present ICAO: E190 Price: US$51 million Performance Weights Dimensions Avionics: Honeywell Primus Epic EFIS Engine: 2 X General Electric CF34-10E - Power: 18,500 pound-force Max Cruise Speed: 480 knots 889 Km/h Approach Speed (Vref): Travel range: 2,300 Nautical Miles 4,260 Kilometers Fuel Economy: document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. See this to learn about private jet fuel costs. View cookie policy. These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.). View Embraer Legacy 600 private jets for sale. The hourly charter price is the aircrafts hourly variable cost, along with factoring in fixed costs and broker fees. If you are considering purchasing an aircraft, I also encourage you to refer to some of the resources AOPA publishes. There are five factors that we have built into the hourly variable cost figure. Everything You Need to Know About Renting a Private Jet. What is your primary motivation for flying by private jet? Prices today are around $9,995,000 with 2 currently advertised for sale. The ERJ 175 has a length of 108 feet, a width of 93 feet, and a height of 35 feet. 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. What is the minimum notice before departure that you require? These intervals are scheduled and depend on the manufacturers guidelines. See below for a table of the estimated hourly variable costs when operating the Embraer Lineage 1000E. Things such as the fees for charts, software and computers to manage your aircraft will be in this category. No warranty of Having well trained crew members is important. In 2013, United Airlines ordered 30 jets, although it took a whole year for the first one to be delivered. What is Fractional Ownership of a Private Jet? The design of the cabin improves cargo and baggage capacity. This, therefore, results in an hourly variable cost figure. There are typically provided by the FBO (fixed-base operator). For example, a bird strike or blown tire will introduce an unexpected maintenance check. Request FAA Wings Credit And finally, handling fees go hand in hand with landing fees. How many private jet flights have you taken? An aircraft management team provide all the necessary services required to fly the aircraft. The best example of a variable cost in this case is fuel use. Fixed costs are those that you pay no matter what. Aviation hull war insurance provides cover for loss of the aircraft due to war, hijack, confiscation, malicious damage and other similar risks. Different aircraft burn different volumes of fuel per hour. Naturally, the crew are an essential part to the operation of the aircraft. Therefore, in the ownership cost example we assume an aircraft management company is involved. In terms of cost, the Praetor 600 has an estimated hourly charter price of $8,000. by the manufacturer or FAA. In simple terms, there are two types of insurance that private jets must have. However, this cost also takes into account any unexpected maintenance events. 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: For example, crew overnight expenses, such as hotels and food, will cost far more in New York City than Wichita, Kansas. Generally speaking, the ERJ 175 is an expensive plane and can cost upwards of $30 million. Use our Business Jet Charter to get an edge over your competitors. Specifications This provides cover against loss, damage or injury to third parties. Depending on numerous factors, the average price for a pre-owned EMBRAER ERJ-170LR is $9,950,000.00. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the EMBRAER ERJ-170LR has total variable costs of $1,697,638.50, total fixed costs of $506,932.75, and hypothetical summary cost of $2,204,571.25. Therefore, the estimated hourly variable rate for operating the Embraer Lineage 1000E is $4,446. For example, sourcing and managing pilots to making sure the aircraft is airworthy, are all tasks provided by your aircraft management company. Of course, all these services will come at a price. Additionally, note that all values are in USD. Therefore, it is a safe assumption that most private jets will be stored in hangars when not in use. This jet can easily support between 78 and 88 passengers. The EMBRAER ERJ-145ER, manufactured from 1995 - 2005, requires a 2 person crew and can transport up to 50 passengers. The crew salary is just that the annual salary of your crew members. The first is liability insurance. Therefore, this cost will be slightly adjusted depending on the fuel cost at the FBO. E175 Price: US$45.7 million (2016) Performance Weights Dimensions Avionics: Honeywell Primus Epic Engine: 2x 2 X General Electrics CF34-8E Turbofan Power: 14,200 pound-force Max Cruise Speed: 480 knots 889 Km/h Approach Speed (Vref): Travel range: 2,200 Nautical Miles 4,074 Kilometers Fuel Economy: 0.65 nautical mile / gallon 2022 Pass Rates on Pilot Certification Start to Slip Downward, Michigan FAASTeam Representative of the Year, MI FAASTeam Presentation Non-Towered Airports Operations, Conflicts, and Remedies with Jason Blair and Andrew Focks, ATP Certificates Issued in 2022 Show Increases; but Maybe a Plateau Point. The Embraer E175 takes 18 minutes to climb to altitude and can fly at a maximum operating speed of 0.82 mach. The GE CF 34-8E engines are located under the wings on this jet. It is equipped with state-of-the-art safety features and technology, and it meets all of the latest aviation standards. Therefore, ensuring that your crew members are appropriately certified and skilled is of paramount important. Below the table you will find an explanation of each variable. Additionally, the more hours flown the more often an engine overhaul will need to be performed. Cabin specifications: 0600 cabin high, 0611 cabin wide, and 5401 cabin long. Therefore, the estimated variable cost for private jets is presented as an hourly figure. Personal Aircraft Operting Cost Calculator. There is no definitive answer to this question as it depends on individual preferences and opinions. Your aircraft management team will typically perform the following tasks: Additionally, your aircraft management team will likely provide many more small activities in order to ensure a smooth operation of the aircraft. Clearly, the more you fly the aircraft, the more fuel it will use. Therefore, this budget accounts for the unexpected. Pricing The seats on an Embraer 175 are 18.5 inches wide. We use cookies to provide the best experience. The following is a LIVE editable, spreadsheet that you can use to consideroperating costs of a personal aircraft. 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. 41 Praetor 600 aircraft are currently in active service. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. Note, since this is a live sheet, if multiple people are attempting to access the file at the the same time, you could end up changing numbers at the same time. Prices for the ERJ 175 can vary depending on a number of factors, such as the specific model, age of the aircraft, and overall condition. 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 . And finally, handling fees go hand in hand with landing fees. Generally speaking, crew for larger aircraft costs more than crew for smaller aircraft. A $3,997,500.00 loan over 120 months including $16656.25 per month in interest equates to a $200,449.50 per-period payment. All these variables are proportional to the number of hours flown. Achieve greater productivity and higher utilization. Hourly Cost Calculator FORMAT: NO Commas In any fields, .01 = 1% How much do you pay for a gallon of aviation fuel? 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