By averaging the high and low numbers for fuel consumption, you get 53.5 gallons per hour. The Mega Challenges Facing the Aviation Industry and What Can be Done R&D Airlines - A Way for Airlines to Find New Routes
This breaks down to $1,368.72 per hour. Average hourly rate including fixed and variable costs based on the number of annual flight hours. The jet's cruse speed is 375 knots (nautical miles). As the chart displays, fixed costs are spread over more hours, the more you fly up to the point where additional crew will be required. And the Eclipse 550 is the least expensive … The main areas include: the aircraft itself (fuel cost), insurance, storage/parking/hanger, maintenance, training, and if need crew costs. You can then just multiply the 0.14 gallon per mile by the miles flown to get a rough estimate of the fuel costs. Overnight expenses will be greater in New York City than in the other parts of the country and flights to Europe will incur large handling and landing fees.
Fuel prices will vary greatly while the aircraft is away from home base and will depend on how much competition there is at each airport. Lower fees can also be obtained by relocating to less populated areas and ferrying the aircraft back and forth which will increase the number of flight hours and maintenance cycles. As the chart displays, fixed costs are spread over more hours, the more you fly up to the point where additional crew will be required.
David and the FlyRadius team can help with your questions. Larger fleet operators will have a network of pre-approved maintenance facilities around the World, reducing the costs and improving safety. You will then need to factor in any sales and registration taxes that you will have to pay in order purchase the jet. With this information you should be able to create a cost formula / projections after doing some research.Eclipse Aerospace has continuously stated that the Eclipse 550 uses around 48 to 59 gallons of Jet A per hour. Most management companies will have fleet policies with discounted rates.This will include fees for things such as charts, software and computers to manage your jet.Most owners purchase the majority of their fuel at their home base airport which is why the selection of a hangar an important component in managing costs. Currently the cost for a new Eclipse 550 jet is $2,895,000 USD with out any upgrades like auto throttles. The Eclipse 550 costs only $2.995MM in it's standard configuration (the only twin-engine jet in the world under $3MM). Unscheduled events are more difficult to manage and happen on the road such as a blown tire, bird or lightning strike.
Below is an overview of each of the costs for each of these sections.
The Eclipse 550 operating costs are spread out over many areas. When comparing the to other jets, the Eclipse 550 does have the lowest fuel costs of any jet commercial jet built today. FlyRadius is focused on increasing access to information about the aviation industry.
If you have a management company, they will often times pass their fleet discounts on to owners.Hangar costs will vary greatly by region and airport. Performance . This gives you a fuel burn of approximately 0.14 gallons per mile or 7 miles per gallon of Jet A. These costs typically include crew, hangar, insurance, training and other miscelaneous expenses.Crew expenses will vary based on many factors such as the experience, certifications, location and amount of time they are expected to be away from home base. Even though it has the lowest fuel costs, you will have to factor in the cost of the jet and the rest of the operating costs listed below to find out if the jet does have the lowest operating costs.Also the Eclipse 550 is an updated and completed version of the Eclipse 500, you will see better performance when compared to Eclipse 500s that do not have all of the upgrades.With all this information and some additional research you should be able to get an idea of the cost of operating the Eclipse 550 jet.If your company provides services to Eclipse 550 operators, Above Eclipse 550 Photo of an Total Eclipse 500, the "launch Eclipse 550" by Do you have a question about an aviation topic or need help with something aviation related? © 2018 All rights reserved PriJet LLC. We added 50% more crew at 800 flight hours and double the crew expense for 1,000 hours.Total Fixed Costs are expenses which are required no matter how many hours you fly. Up Front: $2 Million - $3 Million Direct: $510 per hour Indirect: $312,650 per year. Some high density locations offer shared hangar space which is offered on a first come-first served basis and is a good option for those who will be away from home base often. Jet Charter . By having an idea of how much you are going to fly per year you can then get an estimate of your operating costs for fuel. If you want a more accurate fuel usage numbers you will need to look at the aircraft flight manual, use flight planning software or use Eclipse's application for iOS to get even more accurate numbers. Flying 300 hours per year would cost you $88,275 USD (Jet A $5.50 / Gallons) based on these estimates. A good management company will have most major jet fuel cards who negotiate discounts with the fuel providers (FBO's) and will check pricing prior to landing to better manage these costs.Scheduled maintenance events, which are required and predetermined by the manufacturers specifications, can be predicted and costs controlled since they can be performed close to home base at prenegotiated rates. If you are looking at owning, operating or leasing an Eclipse 550 very light jet, operating costs for the jet are one of the most important areas to look at.