One of the biggest costs when flying by private jet is fuel. How much control do you want over the aircraft model? These intervals are scheduled and depend on the manufacturers guidelines. Therefore, you can plan around when the aircraft requires maintenance. However, as mentioned before, it can get crowded if the plane is full. The cost-effective design has improved features so that the jet isnt just the bare bones, but also provides ample comfort to all passengers. Of course, all these services will come at a price. Crew insurance allows pilots and crew members to be provided with an enhanced employee benefit package. Click here to view the new aircraft brochure for the Embraer Embraer E-175. 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SMCruise speed:430 knots / 495 MPHAverage price:$7,995,000.00Number of passengers:50 people, Your email address will not be published. The aircraft is used by major airlines around the world, including American Airlines, United Airlines, and Delta Air Lines. Jump straight to the total cost table of the Embraer Lineage 1000E. Maximum operating altitude of 37,000, a optimal cruise speed of 430 knots/495 MPH, and a 1,180 NM/1,358 SM seats-full range. A $4,975,000.00 loan over 120 months including $20729.17 per month in interest equates to a $249,464.98 per-period payment. Variable costs can be broken down into hourly chunks. Below you will then see the estimated annual budget for owning and operating the Praetor 600. So, therefore, whether you fly the aircraft 50 hours per year or 500 hours, the fixed costs will remain the same. Naturally, there are many factors that will influence the annual cost of hangarage. Therefore, larger aircraft have greater landing fees than smaller aircraft. How much does it cost to fly: $4,899.05 per hour. How much control do you want over the aircraft model? Of course, there are many factors that will affect the total price of your aircraft management fee. Or read this article to see the different fuel burn figures for all private jets. And, in a major engine overhaul, a complete disassembly and inspection of the engine. 2023 GlobalAir.com. 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. How much does it cost to fly: $4,899.05 per hour. These improvements ensure that the airplane will remain competitive until the second generation of the jet, the E175-E2, goes into operation in 2020 when it will offer even greater operating efficiency. E175 E190 E195 E-JETS. This breaks down to $4,930.12 per hour. 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. The fuselage design of the jet is purposeful, to ensure that passengers can enjoy as much personal space as possible. The more hours you fly, the more fuel the aircraft burns. For example, the more you fly the aircraft, the more fuel it will use. That is, the value of the aircraft. 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. Therefore, it is good practice to factor in additional, unexpected costs per year. However, when configured for the fastest cruise speed, the Praetor 600 can maintain a cruise speed of 466 knots. An aircraft management team provide all the necessary services required to fly the aircraft. Different aircraft burn different volumes of fuel per hour. 2022 Airman Certification Events by DPEs Record Setting? If you are interested in learning more about engine overhauls, then read this article. 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. That is, the value of the aircraft. This is how much extra the aircraft will cost you per flight hour. There are more than 150 of these jets in operation today. Aircraft management is an essential component when owning and operating a private jet. The first is liability insurance. Aircraft management is an essential component when owning and operating a private jet. These costs do not change in relation to the number of hours the aircraft flies. This is where the management tasks are left with your pilot in command. The Cessna Citation CJ4 is $1,970.13 per hour. Storage. However, this cost also takes into account any unexpected maintenance events. These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.). This jet can easily support between 78 and 88 passengers. An aircraft management team provide all the necessary services required to fly the aircraft. However, a general rule of thumb is that the larger the aircraft, the greater the hourly fuel consumption. Some people may find the seats to be comfortable while others may not. Apply Year of Mfr. No matter how well you plan and budget, there will always be some unexpected costs involved. When owning a private jet there will likely be surprise costs and upgrades that occur throughout your ownership experience. EMBRAER EMB-135KL (ERJ 140LR) (1997 - 2003) . The Embraer 175 has short field capability, superior hot and high performance, and a 2,000 nm range, delivering maximum operational versatility. The weight limit for luggage on an Embraer 175 is 50 pounds per bag. (e.g. Liberty Jet offers Jet Management, Private Jet Cards and Private Jet Charter services. Furthermore, back when deliveries of the Embraer Praetor 600 began, the list price for a new example was $21 million. Factors such as aircraft size, airport location and service amenities will all impact the cost. Additionally, note that all values are in USD. How much does it cost to fly: $4,445.70 per hour. Therefore, this budget accounts for the unexpected. Therefore, for most private jet owners a hangar is a preferable option over leaving it outside. It also requires 18.04 m for a 180-degree turn. In terms of cost, the Praetor 600 has an estimated hourly charter price of $8,000. This is how much extra the aircraft will cost you per flight hour. Stunning, Custom Branded Reports No matter how well you plan and budget, there will always be some unexpected costs involved. 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). TLC efforts underway. This then leads to the second part of private jet insurance hull insurance. The Praetor 600 can accommodate up to 12 passengers, with a maximum baggage capacity of 155 cubic feet. Maximum luggage capacity of 325.00 ft^3; 325.00 ft^3 being internal and N/A ft^3 being external. How often do you plan to/currently fly by private jet? 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. Things such as the fees for charts, software and computers to manage your aircraft will be in this category. When it comes to fixed costs, there are six criteria that have been identified as the biggest contributors to the annual cost of operation. It is capable of carrying up to 78 passengers and has a range of 2,485 miles. Depending on numerous factors, the average price for a pre-owned EMBRAER ERJ-170LR is $9,950,000.00. What is the minimum notice before departure that you require? 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. 8 Lineage 1000E aircraft are currently in active service. This then leads to the second part of private jet insurance hull insurance. Use the calculator below to calculate the estimated annual budget to operate the Embraer Praetor 600. Please note that the final value is an estimate only. The more hours you fly, the more fuel the aircraft burns. Variable costs can be broken down into hourly chunks. 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: This is because, per hour, charter flights cost more. The following is a LIVE editable, spreadsheet that you can use to consider operating costs of a personal aircraft. Sure, there will be some days that the aircraft is away from base and at other airports. The EMBRAER ERJ-170LR, production in 2001 to present, requires a two man crew and can be configured in 50 seats. See below for a table of the estimated hourly variable costs when operating the Embraer Praetor 600. The fly-by-wire technology in the cockpit, the cockpit itself, and other systems throughout the jet are common to the family, making maintenance and repair fast and easy. This aircraft is a low-wing, monoplane design that has a conventional tailed body. We use cookies to provide the best experience. Moreover, maintenance is scheduled based on number of hours flown. The Embraer 175 is a relatively advanced plane. Primarily the difference in cost will depend on the aircraft type, use and region of operation. 800-247-4890 +1-402-479-2143 info@AircraftCostCalculator.com Contact Us. Annual Hours. What is the cost per oil change (parts & labor, oil analysis)? Prices today are around $9,995,000 with 2 currently advertised for sale. Do you wish to upgrade/downgrade your aircraft based on need? Type of Ops. 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. What is the minimum notice before departure that you require? Specifications It has a total baggage capacity of 500.00 ft^3; 100.00 ft^3 being internal and 400.00 ft^3 being external. Landing fees will vary from airport to airport. And finally, handling fees go hand in hand with landing fees. Therefore, it is good practice to factor in additional, unexpected costs per year. Liberty Jet can save you thousands each year. 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