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Challenger 350 Costs
Challenger 350 Cost
Up Front: $20 Million - $23 Million
Direct: $1847 per hour
Indirect: $1,165,975 per year
When analyzing the cost of owning an aircraft, up-front, direct, and indirect costs must be accounted. Up- front costs are how much you may be expected to pay for an aircraft as the price of purchasing, this decreases based on number of cycles, length of service, and age of the aircraft. Direct costs are averages of how much it costs you per hour you fly. Direct costs increase with the age of the aircraft. Indirect costs are defined by how much the plane will cost regardless of flight time. This does not change normally.
| Cost | |
|---|---|
| Direct Cost | |
| Fuel | $1,275 |
| Maintenance | $334 |
| Total | $1,847 |
| Annual (Fixed) Cost | |
| Captain Salary | $141,328 |
| Co Pilot Salary | $101,803 |
| Hangar | $97,000 |
| Insurance | $84,000 |
| Misc. | $131,200 |
| Depreciation | $568,750 |
| Total | $1,165,975 |
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