Flight Department

[Dep676]

Is 5 million a feasible amount to start or run a flight department with? IF so what kind of plane would be a could choice if that was your annual budget? With that kind of budget would fractional be a better option? I would not think that fractional would be the way to go.

 

[h25b]

Is 5 million a feasible amount to start or run a flight department with? IF so what kind of plane would be a could choice if that was your annual budget? With that kind of budget would fractional be a better option? I would not think that fractional would be the way to go.

Since the numbers are fresh I will give you a for instance...

Learjet 31A
Acquisition Costs $3,500,000.00

Total Annual Fixed Costs $275,000
-Insurance, Salaries, Benefits, Hangar, CAMP, Charts, FMS Updates, etc...

D.O.C. $1169/Hr.

If your principle is looking at under 100 hrs./yr. he/she should probably charter...

If your principle is looking to fly between 100-250 hrs. go fractional...

If looking at anything over 200 hrs. outright purchase can be a good consideration depending on individual needs.

My 2 cents.

 

[Dep676]

Thanks for the input. I found a budget sheet on NBAA also. It spelled out some of the costs.

 

[G100driver]

What is the mission?

 

[G4G5]

It's a position, where you lay on...............Oh forget it, if I have to tell you.

 

[rice]

It's a position, where you lay on...............Oh forget it, if I have to tell you.

Man are you bored????

 

[G100driver]

It's a position, where you lay on...............Oh forget it, if I have to tell you.

ROTFALMO ...

Thank-you ... but what is reverse cowgirl?