I had no idea

[UnAnswerd]

I always wondered how much a small jet might cost. So at the airport I grabbed a copy of some publication called "Executive Controller". There were lots of small jets for sale in there. Cessna, LearJet, Gulfsteam, etc...Turns out even the smallest, 20-year old jet cannot be had from under a million!!! A decent Jet, even ten years old, was priced at $8,000,000!!!!! I always knew that private ownership for the typical person was impossible, but I never knew how much these things really cost!!! Anyone have any approximate figure regarding the price of a brand-new B-777?

 

[Sean Smith]

http://www.boeing.com/commercial/prices/

 

[LarryinTN]

The B777 isn't cheap. I found the following figures at this site: http://www.geocities.com/khlim777_my/asFAQs6.htm#10. How much does a Boeing 777 cost?

Boeing 777-200 US$153.5 - 171.0
Boeing 777-200ER US$162.0 - 182.0
Boeing 777-200LR US$188.0 - 213.5
Boeing 777-300 US$178.5 - 203.5
Boeing 777-300ER US$203.5 - 231.5

The figures are in millions, obviously.

 

[UnAnswerd]

http://www.boeing.com/commercial/prices/

Unbelievable. A "little" 737 goes for no less than 44 million. Steepest price on the 777 is 242 million. I wonder if they spend that much on the space shuttle??? I guess if I ever want to own a plane, I'll have to be content with the little kit-planes, or a 30-year old C-150, for $25K...

 

[UnAnswerd]

The figures are in millions, obviously.

Damit! I thought I could get that 777 for $153!!!!!

 

[mzaharis]

Unbelievable. A "little" 737 goes for no less than 44 million. Steepest price on the 777 is 242 million. I wonder if they spend that much on the space shuttle??? I guess if I ever want to own a plane, I'll have to be content with the little kit-planes, or a 30-year old C-150, for $25K...

Not including total program costs, a Space Shuttle orbiter was close to a Billion (that was roughly what they charged for Endeavour when it was purchased to replace Challenger). Total program cost, prior to the first flight, were about 9 billion (in 1981 dollars). A Shuttle flight costs about half a bil (ironic, given that it was originally justified as making access to space cheaper).

Other expensive aircraft - B-2 bombers go for about 400-500 million, not including unrecoverable program costs (basically, the cost if you wanted to buy a new one tomorrow). If you include those (total program cost divided by 21 bombers), a B-2 costs over a billion. F/A-22 fighters - 258 million total project cost divided by the number of airplanes expected to be produced, I think about 130million or so for variable costs per aircraft (the "sticker price").

Of course, if you buy from Boeing or Airbus, you can usually get something like a 35% discount if you "buy in bulk". That's the good thing about competition between Airbus and Boeing. They'll bargain quite a bit to close a sale, or accept payment in 30 boatloads of grain.

Sukhoi is a big dealer in innovative trades. I think that they sold SU-27 fighters to Malaysia, and payment was partly debt relief (apparently, Russia was in debt to Malaysia), and the rest of the payment was in palm oil.

 

[Lead Sled]

...Turns out even the smallest, 20-year old jet cannot be had from under a million!!! A decent Jet, even ten years old, was priced at $8,000,000!!!!! I always knew that private ownership for the typical person was impossible, but I never knew how much these things really cost!!!

You think that's bad, you ought to see what it costs to operate them. When you start talking about turbine-powered aircraft the term "affordable" takes on a whole new meaning. In other words, if you have to ask how much, you probably can't afford any of them.

Ward

 

[avbug]

Unanswered,

You didn't look very far. Many, many light and medium turbojet airplanes such as 20 series Lears, Sabreliners, and Hawkers, can be had for well under a million dollars.

Unfortunately, to operate them, you must be high enough that the aircraft need RVSM certification, and other costly modifications and upgrades. Without the ability to operate them at higher altitudes (above 29,000'), fuel consumption sharply limits the range, and increases the operating expense of the airplane.

Additionally, part of the reason these older jets are expensive is because their use is becoming limited due to their "stage II" noise compliance...they don't meet the requirements in many communities for their noise. Accordingly, they are restricted from operating in many metropolitan locations.

Maintaining a turbojet airplane isn't like maintaining a Cessna 150; the scope of the maintenance is much greater, and the parts are a whole lot more expensive.

Check into the insurance. That alone can eat you alive.

But to get back to your point, the cost of a turbojet airplane can be quite a bit less than a newer six place single engine piston airplane.

U

 

[vetteracer]

Look at the price of RJ’s, 737 compared to a GV.

 

[satpak77]

he11 you can buy Hawker 125-1A's for $400,000 all day long

try to overlook the real-world 900 mile range however

 

[Vik]

Owning a plane is not cheap. It is a huge black hole for your cash.

I own a 1965 PA-30 Twin Commanche. It is NOT cheap at all.

I just replaced one of my electrical fuel pumps that failed .. 4 hrs of labor at $73/hr, $850 for the pump, $150 refundable deposit which I'll get back when I send my broken one back, shipping of $20.

I had shoulder harnesses put in .. $500 for the belts, $500 in labor.

Once I get my hours, I doubt I'll keep it.

I always wondered how much a small jet might cost. So at the airport I grabbed a copy of some publication called "Executive Controller". There were lots of small jets for sale in there. Cessna, LearJet, Gulfsteam, etc...Turns out even the smallest, 20-year old jet cannot be had from under a million!!! A decent Jet, even ten years old, was priced at $8,000,000!!!!! I always knew that private ownership for the typical person was impossible, but I never knew how much these things really cost!!! Anyone have any approximate figure regarding the price of a brand-new B-777?

 

[Twotter76]

While we are on this topic can anyone tell me approximately what the going rate for an E170 is? I know my CRJ costs about $19m and I curious how the cost of the Jungle Bus compares...

 

[Hugh Jorgan]

Owning a plane is not cheap. It is a huge black hole for your cash.

Much like the boat and the vagina.

 

[satpak77]

dont know but...

I saw one parked on the ramp at an airshow and it was cool looking!

Refreshing to see new airplanes being put into service.

Manufacturer's web site claims 2000 NM range, .82 Mach speeds, and 70-78 pax capacity.

some pics

http://www.airliners.net/open.file/257862/L/

http://www.airliners.net/open.file/259345/L/

http://www.airliners.net/open.file/223855/L/


airplanes like this re-define (obviously) what being a "commuter airline pilot" is.

Gone are the days of flying Bandits at 9000 KABI-KDFW

Now its FL 30+ from KPHX-KJFK

from a technological standpoint, the E-170 is arguably more advanced than all the DC-9's and MD-80's flying the line"

"Son, someday you will fly this iron, and make the heavy iron pay...."

 

[Vik]

Yea, but in one of those cases, you can trade cash for the holes

Much like the boat and the vagina.

 

[captdorn81]

I saw in Trade-a-Plane some t-38''s for sale at 250 grand. Not bad for a jet!