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. This breaks down to $5,722.57 per hour. A good starting place is the AOPA website Aircraft Ownership page. At Parmount Business Jets we can fullfil all your private jet chartering needs. 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. 41 Praetor 600 aircraft are currently in active service. And finally, handling fees go hand in hand with landing fees. The Embraer 175 is a relatively advanced plane. ATP Issuance and Pass Rate Data Through 2022. 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. Additionally, crew fees are highly dependant on the length of stay and the location. Everything You Need to Know About Renting a Private Jet. 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). Aircraft Library; Plans & Pricing; Maximal total range: 2,048 NM / 2,356 SM Cruise speed: 415 knots / 477 MPH Average price: The crew salary is just that the annual salary of your crew members. 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. This fee is usually based on the weight of the aircraft. In simple terms, there are two types of insurance that private jets must have. Therefore, for most private jet owners a hangar is a preferable option over leaving it outside. The Business Warrior Setting a new level in performance and economics Designed for short to mid-range flights, the Embraer 175 features a flexible seat configuration so you can match capacity to market demand. Please note that the final value is an estimate only. Simply enter the number of hours per year and receive click Get Annual Budget. 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. Crew insurance allows pilots and crew members to be provided with an enhanced employee benefit package. fitness for any purpose is made or implied. We use cookies to provide the best experience. Therefore, in the event of a total loss, insurers will pay the agreed value as opposed to the current market value. Pricing And finally, handling fees go hand in hand with landing fees. For example, a bird strike or blown tire will introduce an unexpected maintenance check. Secondly, when landing at an airport, aircraft are charged a landing fee. Therefore, flying 500 hours per year will result in variable costs 10 times greater than if you were to fly 50 hours per year. (e.g. Third parties in this case include passengers, cargo and baggage. Therefore, larger aircraft have greater landing fees than smaller aircraft. What is Fractional Ownership of a Private Jet? 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 Paramount Business Jets (PBJ) acts as Agent for Client in the marketplace and does not operate or own aircraft. The cockpit has been insulated for both temperature and acoustics. This is because, per hour, charter flights cost more. The plane is relatively quiet and smooth, and the seats are comfortable. However, owners may also wish to consider aviation hull war insurance and crew insurance. The dry weight of the engine is 2627 lbs and they are compliant with stage 3 and 4 standards. Browse through the airport options to locate a specific commercial or private airport near any location worldwide. When on the ground you will need the aircraft to be parked securely, bags unloaded and various ground services. This breaks down to $5,722.57 per hour. The GE CF 34-8E engines are located under the wings on this jet. Deliveries of the Embraer Lineage 1000E began in 2013, with deliveries ending in 2020. The Embraer 175 has short field capability, superior hot and high performance, and a 2,000 nm range, delivering maximum operational versatility. 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. Primarily the difference in cost will depend on the aircraft type, use and region of operation. Hull insurance policies are agreed on a value basis. Type of Ops. The more hours you fly, the more fuel the aircraft burns. Embraer's Phenom 300 costs $1,757.53 per hour. There are five factors that we have built into the hourly variable cost figure. These costs are explained in further detail below the table. Therefore, the estimated variable cost for private jets is presented as an hourly figure. Second Note, unfortunately this tool does not work on an iPad. There are typically provided by the FBO (fixed-base operator). Aircraft management is an essential component when owning and operating a private jet. Things such as the fees for charts, software and computers to manage your aircraft will be in this category. Find out the best way for you to fly by private jet in less than 60 seconds. These costs are explained in further detail below the table. An aircraft with more space and comfort, redefining the regional jet segment, rewriting the rules. How often do you plan to/currently fly by private jet? by the manufacturer or FAA. The estimated annual fixed cost for operating the Praetor 600 is $609,339. How many private jet flights have you taken? Will you be flying at peak times? The EMBRAER ERJ-170LR has a 6,288 runway length (or runway plus clearway and/or stopway) and 3,232 actual landing distance required. What is the cost per oil change (parts & labor, oil analysis)? If you want to learn more about considering the real costs of aircraft ownership and operation, click Beyond the Purchase Price of an Aircraft Considering and Calculating the Real Cost of Aircraft Ownership and Operation to see a blog post on the topic. Crew fees, landing fees, and handling fees are highly dependant on the route taken. Of course, you want it to be somewhere safe, secure and convenient. This fee is usually based on the weight of the aircraft. Full Disclaimer. Below the table you will find an explanation of each variable. Fuel costs are a significant hourly expense when operating a private jet. It is important to note that the plane does have 78 seats, so it can get crowded if it is full. Read this article to learn more about how much private jet fuel costs. Apply Year of Mfr. Name is invalid. $137,676.33 per C-check. Furthermore, back when deliveries of the Embraer Lineage 1000E began, the list price for a new example was $50 million. The cabin measures 06'00" high, 06'11" wide, and 54'01" long. The best example of a variable cost in this case is fuel use. 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. Of course, depending on location, fuel prices vary dramatically. For example, sourcing and managing pilots to making sure the aircraft is airworthy, are all tasks provided by your aircraft management company. The low weight of the aircraft provides a surprisingly high-payload capacity. Prices today are around $9,995,000 with 2 currently advertised for sale. The company estimates that the HondaJet costs $1,134.90 per hour to operate. The estimated annual fixed cost for operating the Lineage 1000E is $693,181. For example, a certain aircraft may need an inspection every 100 hours. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. How much control do you want over the aircraft model? Crew fees, landing fees, and handling fees are highly dependant on the route taken. Use the calculator below to calculate the estimated annual budget to operate the Embraer Lineage 1000E. The following is a LIVE editable, spreadsheet that you can use to consideroperating costs of a personal aircraft. 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. 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. Compare up to 3 aircraft with this option. This is where the management tasks are left with your pilot in command. Storage. Naturally, the crew are an essential part to the operation of the aircraft. The aircraft is used by major airlines around the world, including American Airlines, United Airlines, and Delta Air Lines. It also requires 18.04 m for a 180-degree turn. What is the minimum notice before departure that you require? 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. The EMBRAER ERJ-145ER, manufactured from 1995 - 2005, requires a 2 person crew and can transport up to 50 passengers. Simply enter the number of hours per year and receive click Get Annual Budget. The following is a LIVE editable, spreadsheet that you can use to consider operating costs of a personal aircraft. Again, they are integral to the safe and efficient operation of your aircraft. When it comes to fixed costs, there are six criteria that have been identified as the biggest contributors to the annual cost of operation. Type of Ops. Please note that the final value is an estimate only. Therefore, you can plan around when the aircraft requires maintenance. Fixed costs are those that you pay no matter what. In terms of cost, the Lineage 1000E has an estimated hourly charter price of $11,700. The final value takes into account both fixed and variable costs. No warranty of Factors such as aircraft size, airport location and service amenities will all impact the cost. 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. Moreover, this is a cost that will vary depending on the size of the aircraft. 800-247-4890 +1-402-479-2143 info@AircraftCostCalculator.com Contact Us. However, this cost also takes into account any unexpected maintenance events. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. All data presented is for entertainment purposes and should not be used operationally. One of the biggest costs when flying by private jet is fuel. Therefore, the more hours flown, the quicker an engine overhaul will be required. This is typically chosen by owners who will be flying private jets into hazardous destinations. Embraer is the world leader in manufacturing commercial jets with up to 130 seats. Hull insurance policies are agreed on a value basis. Therefore, this cost will be slightly adjusted depending on the fuel cost at the FBO. In the market to buy, sell or manage a jet you own? Additionally, these maintenance events are in direct relation to the number of hours that the aircraft is flown. Off to the Annual for Charlie. This breaks down to $4,930.12 per hour. These intervals are scheduled and depend on the manufacturers guidelines. The EMBRAER ERJ-170LR, manufactured from 2001-Present, requires a 2 person crew and can transport up to 50 passengers. One of the biggest costs when flying by private jet is fuel. These costs are crew salary, crew training, hangar, insurance, management and then the additional, miscellaneous fixed costs. Disclaimer: Information on this site may not be accurate or current and is not valid for flight planning or any other aircraft operations. Its durable and designed to allow for great landing and take off. This is typically chosen by owners who will be flying private jets into hazardous destinations. The best example of a variable cost in this case is fuel use. Of course, there is the option of so called self-management. Some people may find the Embraer 175 to be an excellent plane while others may not be as impressed. Like with other Embraer aircraft, this jet has tricycle-type, twin-wheeled landing gear. Since the same landing gear is used on so many jets, Embraer can easily handle maintenance and repair quickly. Keeping aircraft type ratings valid and ensuring that crew members maintain their high standards is key. For example, a certain aircraft may need an inspection every 100 hours. The Cessna Citation CJ4 is $1,970.13 per hour. If you are interested in learning more about engine overhauls, then read this article. 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 . Primarily the difference in cost will depend on the aircraft type, use and region of operation. What is Fractional Ownership of a Private Jet? Additionally, the Lineage 1000E has an average hourly fuel burn of 626 Gallons per Hour (GPH). 2023 GlobalAir.com. 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. An aircraft management team provide all the necessary services required to fly the aircraft. Additionally, crew fees are highly dependant on the length of stay and the location. Thanks to its Honeywell HTF7500E engines, the Praetor 600 has a total thrust output of 15,056 lbs. Max TO weight of the E175 is 85517. The Embraer Lineage 1000E can cruise at up to 41,000 feet. 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. When owning a private jet there will likely be surprise costs and upgrades that occur throughout your ownership experience. See below for a table of the estimated hourly variable costs when operating the Embraer Lineage 1000E. In simple terms, there are two types of insurance that private jets must have. The first is liability insurance. However, a general rule of thumb is that the larger the aircraft, the greater the hourly fuel consumption. The Embraer 175 is a twin-engine, medium-range jet airliner produced by Brazilian aerospace manufacturer Embraer. It is not as large as a 747, but it is still significantly bigger than a small private jet. Use our Business Jet Charter to get an edge over your competitors. The EMBRAER ERJ-170LR has a 6,288' balanced field length and 3,232' landing distance. What is your primary motivation for flying by private jet? Again, much like maintenance of the airframe, the more an engine is used, the more wear and tear the engine will experience. This then leads to the second part of private jet insurance hull insurance. 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. No matter how well you plan and budget, there will always be some unexpected costs involved. RANGE: 2,383 NM / 2,743 SM SPEED: 415 KTS / 478 MPH PRICE: $9,950,000.00 MAX PASSENGERS: 50 people The more hours you fly, the more fuel the aircraft burns. The average hourly rental rate of the Embraer ERJ 175 is Moreover, maintenance is scheduled based on number of hours flown. When in its optimum configuration, the Embraer Praetor 600 can cruise non-stop for up to 4,018 nautical miles (4,624 miles / 7,441 km). It has a total baggage capacity of 500.00 ft^3; 100.00 ft^3 being internal and 400.00 ft^3 being external. 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. EMBRAER ERJ-145ER: Flying 450 Hours per Year: Owner-operated hours: 450: Hourly Cost Calculator FORMAT: NO Commas In any fields, .01 = 1% How much do you pay for a gallon of aviation fuel? When it comes to aircraft storage there are two options hangar or tie down. There are more than 150 of these jets in operation today. With a 41,000 f maximum service ceiling, its a great jet for longer flights. 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 are two essential pieces of insurance for private jets. 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. Things such as the fees for charts, software and computers to manage your aircraft will be in this category. Landing fees will vary from airport to airport. How much does it cost to fly: $4,445.70 per hour. For example, the more you fly the aircraft, the more fuel it will use. However, in most cases aircraft spend the evenings at their home base. The ERJ 175 has a longer range than the ERJ 170 and can seat up to 78 passengers. This provides cover against loss, damage or injury to third parties. Generally speaking, crew for larger aircraft costs more than crew for smaller aircraft. Stunning, Custom Branded Reports Therefore, this is a significant cost as you will be hiring talented and professional crew members. This is how much extra the aircraft will cost you per flight hour. In order to ensure that aircraft are safe to fly they require maintenance at regular intervals. The Embraer 175 has short field capability, superior hot and high performance, and a 2,000 nm range, delivering maximum operational versatility. Therefore, ensuring that your crew members are appropriately certified and skilled is of paramount important. A $0.00 loan over 10 years including $0 per month in interest equates to a $0.00 per-month payment. When it comes to operating the Embraer Lineage 1000E, there are two expense categories to consider fixed costs and variable costs. This sheet will allow a user to consider fixed and variable costs in relation to how much yearly use the aircraft will receive. 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. Each one delivers 1,800 shaft-horsepower. Therefore, it is good practice to factor in additional, unexpected costs per year. Fixed costs are those that you pay no matter what. The Embraer Praetor 600 can cruise at up to 45,000 feet. However, a general rule of thumb is that the larger the aircraft, the greater the hourly fuel consumption. 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