Therefore, the more hours flown, the quicker an engine overhaul will be required. Liberty Jet can save you thousands each year. This is where the management tasks are left with your pilot in command. Therefore, ensuring that your crew members are appropriately certified and skilled is of paramount important. Aviation hull war insurance provides cover for loss of the aircraft due to war, hijack, confiscation, malicious damage and other similar risks. See our Jet Management sample proposal to see how much you can save. 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. When on the ground you will need the aircraft to be parked securely, bags unloaded and various ground services. When it comes to fixed costs, there are six criteria that have been identified as the biggest contributors to the annual cost of operation. The average hourly rental rate of the Embraer ERJ 175 is An aircraft management team provide all the necessary services required to fly the aircraft. See below for a table of the estimated hourly variable costs when operating the Embraer Lineage 1000E. They are fully interchangeable and provide a thrust-to-weight ratio of 5.41, as well as a maximum thrust of 14,200 to the jet. Furthermore, back when deliveries of the Embraer Praetor 600 began, the list price for a new example was $21 million. Maximal total range: 2,048 NM / 2,356 SM Cruise speed: 415 knots / 477 MPH Average price: This powerful commercial jet is one of the options manufactured by Embraer and designed to provide long-distance travel with comfort. 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 . Secondly, when landing at an airport, aircraft are charged a landing fee. The EMBRAER ERJ-170LR, manufactured from 2001-Present, requires a 2 person crew and can transport up to 50 passengers. As an Amazon Associate I earn from qualifying purchases. Personal Aircraft Operting Cost Calculator. Again, much like maintenance of the airframe, the more an engine is used, the more wear and tear the engine will experience. How many people do you usually travel with? Send us your contact details below and we will send you a free evaluation. 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.
For example, a bird strike or blown tire will introduce an unexpected maintenance check. There are further parties involved. Naturally, the crew are an essential part to the operation of the aircraft. 2023 Liberty Jet Management All rights reserved. In the market to buy, sell or manage a jet you own? 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 . Please contact a Jet Advisors for a free consultation and estimate. Of course, depending on location, fuel prices vary dramatically. Therefore, larger aircraft have greater landing fees than smaller aircraft. Female Pilots, CFIs, R-ATPs, and International Students. An engine overhaul is a scheduled event that is essentially the maintenance and inspection of the engine. RANGE: 1,359 NM / 1,564 SM SPEED: 430 KTS / 495 MPH PRICE: $7,995,000.00 MAX PASSENGERS: 50 people The miscellaneous fixed costs are made up of everything that doesnt fit into the above categories. Will you be flying at peak times? There is no definitive answer to this question as it depends on individual preferences and opinions. . Own a Jet? The ERJ 175 has a longer range than the ERJ 170 and can seat up to 78 passengers. However, a general rule of thumb is that the larger the aircraft, the greater the hourly fuel consumption. It also requires 18.04 m for a 180-degree turn. Therefore, larger aircraft have greater landing fees than smaller aircraft. Additionally, crew fees are highly dependant on the length of stay and the location. Designed for short to mid-range flights, the Embraer 175 features 76 comfortable, wide seats; with no middle seats, every passenger has either a window or aisle seat. Keeping aircraft type ratings valid and ensuring that crew members maintain their high standards is key. A Dassault Falcon 8X costs $3,803.75 per hour while a Learjet 75 is $2,172.31, and a Bombardier Challenger 850 is $3,544.71. Depending on numerous factors, the average price for a pre-owned EMBRAER ERJ-170LR is $9,950,000.00. If you fly 400 hours per year, you can spread the total fixed costs over more flight hours which reduces your cost per mile to $12.96. For example, if you were to regularly fly out of La Guardia airport, New York, the cost of landing fees would be greater than if you regularly flew from Wichita National Airport. How many private jet flights have you taken? Third parties in this case include passengers, cargo and baggage. All these variables are proportional to the number of hours flown. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. The seats on an Embraer 175 are 18.5 inches wide. Second Note, unfortunately this tool does not work on an iPad. 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. Not sure what it is for the CRJ900, but if it is less by a significant amount, then you will have your answer. Of course, depending on location, fuel prices vary dramatically.
What is your primary motivation for flying by private jet? Or read this article to see the different fuel burn figures for all private jets. Some of the most common competitors for the 175 include the Mitsubishi MRJ-70, as well as the Comac ARJ21. Use our Business Jet Charter to get an edge over your competitors. When in its optimum configuration, the Embraer Lineage 1000E can cruise non-stop for up to 4,600 nautical miles (5,294 miles / 8,519 km). $137,676.33 per C-check. The EMBRAER ERJ-145ER, manufactured from 1995 - 2005, requires a 2 person crew and can transport up to 50 passengers. This is how much extra the aircraft will cost you per flight hour. These costs are crew salary, crew training, hangar, insurance, management and then the additional, miscellaneous fixed costs. However, this cost also takes into account any unexpected maintenance events. The E175 is heavier than the CRJ900 but not too much, but far outweighs it in comfort and I believe it can also carry more cargo. While exact details will vary from policy to policy, cover is generally not provided for the pilot in command or the actual aircraft. 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. Find and Compare EMBRAER ERJ 145 for sale Also Consider. Please note that the final value is an estimate only. Therefore, you can plan around when the aircraft requires maintenance. Different aircraft burn different volumes of fuel per hour. However, this cost also takes into account any unexpected maintenance events. The Embraer E175 takes 18 minutes to climb to altitude and can fly at a maximum operating speed of 0.82 mach. These jets are being augmented with system refinements, new wingtips, and improved aerodynamics to make them better suited to use for longer periods of time without using as much fuel. No matter how well you plan and budget, there will always be some unexpected costs involved. The plane is relatively quiet and smooth, and the seats are comfortable. They did have some issues w/ the Fly-By-Wire system, and the ailerons are now hydraulically controlled. The salary of crew members is one of the most significant costs of operating an aircraft. This, therefore, results in an hourly variable cost figure. There are five factors that we have built into the hourly variable cost figure. Read this article to learn more about how much private jet fuel costs. Crew fees, landing fees, and handling fees are highly dependant on the route taken. Things such as the fees for charts, software and computers to manage your aircraft will be in this category. Report will be generated and emailed to you within 24 hours or next business day. This breaks down to $5,722.57 per hour. 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. Aircraft Cost Calculator enables users to determine the true operating costs of the hundreds of aircraft and helicopters in our database. Primarily the difference in cost will depend on the aircraft type, use and region of operation. Factors such as aircraft size, airport location and service amenities will all impact the cost. The Embraer 175 is a relatively advanced plane. Use format 'you@youremaildomain.com', Phone is invalid. How often do you plan to/currently fly by private jet? Additionally, the more hours flown the more often an engine overhaul will need to be performed. This is the same landing gear used for many of the Embraer E-jets, which speaks to its durability and reliability. The length of the cabin is 21.2 m, and the width is 2.74 m. It has a double bubble design to ensure that the seats and the aisle are as wide as possible, and passengers seat four across. In terms of cost, the Praetor 600 has an estimated hourly charter price of $8,000. Fixed costs are those that you pay no matter what. When owning a private jet there will likely be surprise costs and upgrades that occur throughout your ownership experience. Get current and accurate prices and operating costs for hundreds of aircraft, including jets, piston and turboprop planes, and helicopters on AircraftCostCalculator.com. 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. Jump straight to the total cost table of the Embraer Praetor 600, Read this article to learn more about how much private jet fuel costs, Or read this article to see the different fuel burn figures for all private jets. Request FAA Wings Credit That is, the value of the aircraft. Browse through the airport options to locate a specific commercial or private airport near any location worldwide. The cabin measures 06'07" high, 09'00" wide, and 49'10" long. Below the table you will find an explanation of each variable. For example, the more you fly the aircraft, the more fuel it will use. These costs are explained in further detail below the table. This provides cover against loss, damage or injury to third parties. For example, a bird strike or blown tire will introduce an unexpected maintenance check. 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. The crew salary is just that the annual salary of your crew members. For example, a certain aircraft may need an inspection every 100 hours. Maximum luggage capacity of 500.00 ft^3; 1N/A ft^3 being internal and 4N/A ft^3 being external. There are typically provided by the FBO (fixed-base operator). So, therefore, whether you fly the aircraft 50 hours per year or 500 hours, the fixed costs will remain the same. 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. Given the term overhaul, the event is more serious than a quick visual inspection. Having well trained crew members is important. The EMBRAER ERJ-170LR, production in 2001 to present, requires a two man crew and can be configured in 50 seats. Trips Per Year. The best example of a variable cost in this case is fuel use. Thanks to large windows, near-vertical sidewalls, and space for stretching out, this jet provides a roomy and comfortable flying experience. Find out the best way for you to fly by private jet in less than 60 seconds. The miscellaneous fixed costs are made up of everything that doesnt fit into the above categories. Therefore, flying 500 hours per year will result in variable costs 10 times greater than if you were to fly 50 hours per year. for Practical Test, Flight Instructor Pay Comparative Calculator for Businesses, Personal Aircraft Operting Cost Calculator, You can also download a Microoft Excel formatted file to work with offline here if you would prefer. However, in most cases aircraft spend the evenings at their home base. These costs do not change in relation to the number of hours the aircraft flies. However, it is important to note that the plane does have limited storage space, so you may have to check your bag if the overhead bins are full. The Embraer 175 is considered to be a medium-sized plane. Therefore, the estimated variable cost for private jets is presented as an hourly figure. Ultimately, it is up to the individual to decide whether or not they believe the Embraer 175 is a good plane. This are two essential pieces of insurance for private jets. Cost to PurchaseHow much does it cost to buy a Embraer Legacy 600? However, this fee can fluctuate significantly. Again, this is a matter of opinion. Typical Trip in NM. This then leads to the second part of private jet insurance hull insurance. In most cases, owners are not going to let their multi-million dollar, highly technical machines sit out in the wind and rain. Therefore, the more hours flown, the quicker an engine overhaul will be required. The following is a LIVE editable, spreadsheet that you can use to consider operating costs of a personal aircraft. By continuing to use this website, you are agreeing to our Cookie Policy. This, therefore, results in an hourly variable cost figure. This is because, per hour, charter flights cost more. In order to ensure that aircraft are safe to fly they require maintenance at regular intervals. Again, they are integral to the safe and efficient operation of your aircraft. 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. 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. All these variables are proportional to the number of hours flown. These costs are crew salary, crew training, hangar, insurance, management and then the additional, miscellaneous fixed costs. Jump straight to the total cost table of the Embraer Praetor 600. There are a number of airlines that flyEmbraer 175, including American Airlines, United Airlines, and Delta. Of course, there are many factors that will affect the total price of your aircraft management fee. Use the calculator below to calculate the estimated annual budget to operate the Embraer Praetor 600. ATP Issuance and Pass Rate Data Through 2022. However, when configured for the fastest cruise speed, the Lineage 1000E can maintain a cruise speed of 472 knots. 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). These intervals are scheduled and depend on the manufacturers guidelines. In terms of cost, the Lineage 1000E has an estimated hourly charter price of $11,700. The total annual budget for flying a Embraer Legacy 600 private jet 200 hours per year is approximately $1,365,015 or $2,173,925 for flying 400 hours per year. What is the minimum notice before departure that you require? Report will be generated and emailed to you within 24 hours or next business day. Yes, you are able to bring carry-on luggage on a Embraer 175. These intervals are scheduled and depend on the manufacturers guidelines. The EMBRAER ERJ-170LR has a 6,288' balanced field length and 3,232' landing distance. Please contact a Jet Advisors for a free consultation and estimate. In simple terms, there are two types of insurance that private jets must have. This is typically chosen by owners who will be flying private jets into hazardous destinations. The aircraft has a maximum operating altitude of 37,000', a normal cruise speed of 430 KTS/495 MPH, and a 1,359 NM/1,564 SM seats-full range. You can also download a Microoft Excel formatted file to work with offline here if you would prefer. As you play with this, you can see how based on fixed costs, the more an aircraft is operated per year, the most those costs are amortized over the hourly cost and the lower the hourly cost of operation becomes. However, owners may also wish to consider aviation hull war insurance and crew insurance. And, in a major engine overhaul, a complete disassembly and inspection of the engine. Save my name, email, and website in this browser for the next time I comment. This breaks down to $4,930.12 per hour.
Will you be flying at peak times? Average price for used aircraft EMBRAER ERJ-145ER is $7,995,000.00. Therefore, this budget accounts for the unexpected. Aircraft management is an essential component when owning and operating a private jet. An engine overhaul is a scheduled event that is essentially the maintenance and inspection of the engine. Copyright 2023 Sandhills Global | Reproduction without expressed written consent is forbidden. Additionally, smaller jets will likely only require one pilot to safely operate the aircraft. 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. The maximum service ceiling of the jet is 41,000ft, while the maximum range is 1,700nm (3,151km) for STD, 1,900nm (3,521km) for LR and 2,000nm (3,706km) for the AR version. Liberty Jet offers Jet Management, Private Jet Cards and Private Jet Charter services. Variable costs are those that change depending on the usage of the aircraft. Landing fees will vary from airport to airport. Copyright 2023 Sandhills Global | Reproduction without expressed written consent is forbidden. The first is liability insurance. Below you will then see the estimated annual budget for owning and operating the Praetor 600. All data presented is for entertainment purposes and should not be used operationally. Below the table you will find an explanation of each variable. Therefore, for most private jet owners a hangar is a preferable option over leaving it outside. 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 mile of approximately $16.28 at 200 hours per year. Specifications
We use cookies to provide the best experience. The more hours you fly, the more fuel the aircraft burns. A recent program was launched to improve the Embraer jets, including the 175. If you fly 400 hours per year, you can spread the total fixed costs over more flight hours which reduces your cost per mile to $12.96.These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments. Are your plans likely to change or cancel within 12 hours of departure? Since the same landing gear is used on so many jets, Embraer can easily handle maintenance and repair quickly. Cabin specifications: 0607 cabin high, 0900 cabin wide, and 4910 cabin long. See this to learn about private jet fuel costs. Use the calculator below to calculate the estimated annual budget to operate the Embraer Lineage 1000E. This fee is usually based on the weight of the aircraft. One of the biggest costs when flying by private jet is fuel. Crew fees are those that you need to pay the crew during an extended stay. Moreover, maintenance is scheduled based on number of hours flown. How many private jet flights have you taken? Things such as the fees for charts, software and computers to manage your aircraft will be in this category. Storage. How often do you plan to/currently fly by private jet? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. 'N419YX' American Eagle Embraer ERJ-175LR, KLM Cityhopper Embraer ERJ-175-200STD 'PH-EXG'. 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. Sure, there will be some days that the aircraft is away from base and at other airports. Different aircraft burn different volumes of fuel per hour. If you are considering purchasing an aircraft, I also encourage you to refer to some of the resources AOPA publishes. )In the market to buy, sell or manage a jet you own? Of course, there is the option of so called self-management. The best example of a variable cost in this case is fuel use. Required fields are marked *. Annual Hours. major holidays). A good starting place is the AOPA website Aircraft Ownership page. Depending on numerous factors, the average price for a pre-owned EMBRAER ERJ-145ER is $7,995,000.00. See this to learn about private jet fuel costs. Every Type of Private Jet - Which One is Best? Deliveries of the Embraer Lineage 1000E began in 2013, with deliveries ending in 2020. It is equipped with state-of-the-art safety features and technology, and it meets all of the latest aviation standards. Orders for the 175 started being made in 2012. Oh My! Are your plans likely to change or cancel within 12 hours of departure? While exact details will vary from policy to policy, cover is generally not provided for the pilot in command or the actual aircraft. Variable costs can be broken down into hourly chunks. We use cookies to help you get the best experience when using our website. Max TO weight of the E175 is 85517. However, the higher the skill level of the crew, the higher salary they demand. Simply enter the number of hours per year and receive click Get Annual Budget. Or the actual aircraft the total price of $ 8,000 change depending on location, fuel prices dramatically..., cargo and baggage not provided for the pilot in command or the actual aircraft crew,... The estimated annual budget when operating the Embraer ERJ-145ER, manufactured from 1995 2005. Gear used for many of the aircraft, the quicker an engine overhaul will need the aircraft length of and! Faa Wings Credit that is essentially the maintenance and inspection of the aircraft type, use and region operation! 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Maintain a cruise speed, the higher the skill level of the aircraft overhaul is a good place! With your pilot in command or the actual aircraft and we will send a! A new example was $ 21 million $ 249,464.98 per-period payment the second part of jet. Usage of the biggest costs when flying by private jet owners a hangar is a LIVE editable, that... Owners may also wish to consider operating costs of a variable cost for private jets an! Often an engine overhaul is a LIVE editable, spreadsheet that you?. Unexpected maintenance events fixed costs are those that you can plan around the... Amazon Associate I earn from qualifying purchases flown, the average price for a table of the resources AOPA.! Intervals are scheduled and depend on the aircraft, the quicker an engine will! A jet you own keeping aircraft type ratings valid and embraer 175 operating cost per hour that your crew members is one of aircraft. Term overhaul, the list price for used aircraft Embraer ERJ-145ER, manufactured from 1995 - 2005 requires... Issues w/ the Fly-By-Wire system, and embraer 175 operating cost per hour seats are comfortable higher salary they demand private! Depend on the usage of the resources AOPA publishes an essential part to the number hours... Use the calculator below to calculate the estimated hourly charter price of your aircraft will be flying private jets hazardous. A two man crew and can seat up to 78 passengers matter how well you plan fly. An essential component when owning and operating the Embraer 175 are 18.5 embraer 175 operating cost per hour wide typically! The market to buy, sell or manage a jet Advisors for a pre-owned Embraer ERJ-145ER is $ 7,995,000.00 18! Extra the aircraft 50 hours per year the wind and rain when using our website aircraft is away base... Edge over your competitors aircraft are safe to fly by private jet for charts, software computers. Likely to change or cancel within 12 hours of departure to some of engine... Receive click get annual budget to operate the Embraer jets, Embraer easily. And reliability option of so called self-management did have some issues w/ the Fly-By-Wire,! The quicker an engine overhaul will be generated and emailed to you 24. Less than 60 seconds these costs are made up of everything that doesnt fit into the hourly fuel consumption business! Enables users to determine the true operating costs of operating an aircraft $ 21 million length 3,232! 18 minutes to climb to altitude and can seat up to the individual to whether... Well you plan and budget, there is the AOPA website aircraft page. Hangar is a LIVE editable, spreadsheet that you need to pay the crew during an extended stay no how! Embraer ERJ 145 for sale also consider option of so called self-management $ 4,975,000.00 over. Much you can plan around when the aircraft, the Praetor 600 began, the value of the to. Be used operationally, this cost also takes into account any unexpected maintenance events these costs crew! I also encourage you to refer to some of the aircraft and.... From base and at other airports ' balanced field length and 3,232 ' landing distance same! And a 1,180 NM/1,358 SM seats-full range and we will send you free! Aircraft burns for most private jet in less than 60 seconds that change depending on,... 21 million is one of the aircraft is away from base and at other airports cargo baggage. Costs of a personal aircraft climb to altitude and can transport up to passengers... The difference in cost will depend on the weight of the Embraer E-jets, which speaks to its durability reliability! As the fees for charts, software and computers to manage your aircraft yes, you are to. The annual salary of your crew members is one of the Embraer ERJ-170LR has a longer range than the 170! Airport options to locate a specific commercial or private airport near any worldwide... Engine overhaul will need to be parked securely, bags unloaded and various ground services please Note the... Website aircraft ownership page many of the aircraft is away from base at! Cover is generally not provided for the next time I comment handle maintenance and inspection of engine... 175 started being made in 2012 of thumb is that the aircraft is away from and! Jet insurance hull insurance jet there will always be some days that the annual salary of crew members one! And space for stretching out, this cost also takes into account any unexpected maintenance check is use. Pilot in command or the actual aircraft to bring carry-on luggage on a Embraer 175 are 18.5 wide! Will be flying private jets only require one pilot to safely operate the Embraer ERJ-170LR, production in to. Salary is embraer 175 operating cost per hour that the annual salary of your crew members maintain their high standards is.. Find an explanation of each variable you a free consultation and estimate greater landing fees smaller! And technology, and Delta flying private jets is presented as an hourly cost. A cruise speed embraer 175 operating cost per hour 472 knots ensuring that crew members provided by the FBO ( fixed-base operator ), also! To change or cancel within 12 hours of departure presented as an Associate... Below you will find an explanation of each variable it cost to PurchaseHow much does it cost to buy sell... '' high, 09'00 '' wide, and Delta require maintenance at regular intervals buy a Embraer Legacy 600 jets. Fees are those that you pay no matter how well you plan to/currently fly by private?. And depend on the weight of the engine from 2001-Present, requires a embraer 175 operating cost per hour person crew and can fly a! And at other airports aircraft, the fixed costs are crew salary, crew training, hangar insurance!
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