The best example of a variable cost in this case is fuel use. Of course, you want it to be somewhere safe, secure and convenient. 2004 Learjet 60, S/N 271. *The above prices do NOT include parts, NDT services or consumables. The Learjet 60 has a range of 2,310 nautical miles. Please note that the final value is an estimate only. Every fuel panel from the wing is removed and inspected, and depending on the model of the Lear, an engine removal may also be necessary. Crew fees are those that you need to pay the crew during an extended stay. The maximum speed of the Lear 60 is 526 mph, but with slower climb, cruise and descending speeds it is more likely to average 421 mph which would equate to an average cost per mile of approximately $11.00 at 200 hours per year. In the market to buy, sell or manage a jet you own? A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. . Spectra Jet, Inc. reserves the right to accept or refuse a contract to perform work on any/all aircraft, engine or component for any reason. Therefore, the estimated hourly variable rate for operating the Bombardier Learjet 60 is $2,144. When it comes to operating the Bombardier Learjet 60, there are two expense categories to consider fixed costs and variable costs. Please contact a Jet Advisors for a free consultation and estimate. Factors such as aircraft size, airport location and service amenities will all impact the cost. Our mechanics also inspect time change items such as: fuel hoses, hydraulic hoses, emergency air hoses, wing flap holds, aileron bolts, etc. How much does it cost to buy a Bombardier Lear 60? For example, the cost of labor in certain parts of the world is lower than others. This is because, per hour, charter flights cost more. Get a FREE Consultation and Evaluation You will see this passion in our fanatical attention to detail and our go-the-extra-mile attitude. 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. Read this article to learn more about how much private jet fuel costs. Aviation Cost Comparison Tool; Private Aviation Guide. Therefore, in the ownership cost example we assume an aircraft management company is involved. See our Jet Management sample proposal to see how much you can save. How much does it cost to fly: $3,036.83 per hour. Additionally, the Learjet 60 has an average hourly fuel burn of 203 Gallons per Hour (GPH). In terms of fixed costs, the crew salary is a significant one. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. The maximum speed of the Lear 60 is 526 mph, but with slower climb, cruise and descending speeds it is more likely to average 421 mph which would equate to an average cost per mile of approximately $11.00 at 200 hours per year. How many people do you usually travel with? Therefore, flying 500 hours per year will result in variable costs 10 times greater than if you were to fly 50 hours per year. Haggan Aviation has major structural repair capabilities for the installation of the Raisbeck ZR LITE Performance Systems and Aft Fuselage Lockers. Bombardier Learjet 40 Ownership & Operating Costs. When on the ground you will need the aircraft to be parked securely, bags unloaded and various ground services. Additionally, note that all values are in USD. The estimated annual fixed cost for operating the Learjet 60 is $382,287. Whether the aircraft is flying or not, the crew will need to be paid their salaries. Additional information is available in this. Buy Subscription - $950/Yr or $95/Mo for 12 Months. The total annual budget for flying a Lear 60 private jet 200 hours per year is approximately $925,898 or $1,469,510 for flying 400 hours per year. See this to learn about private jet fuel costs. Analysis of data from Learjet 60 owners shows an hourly maintenance cost of $255, plus $612 for engine reserves, adjusted for a total of 300 yearly flight hours. Only after a signed agreement to perform services for the estimate price provided will a quote be held as binding to the owner/operator and/or Spectra Jet, however, a quote provides only a figure estimated for work requested, additional charges may be incurred before, during or after that work has been started. Therefore, it is hard to given an accurate figure. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the LEARJET 60 has total variable costs of $1,046,587.50, total fixed costs of $319,988.00, and hypothetical summary cost of $1,366,575.50. Our staff of FAA-Certified technicians are here to ensure each time you are in our facility we exceed your expectations. Or read this article to see the different fuel burn figures for all private jets. As you were browsing something about your browser made us think you were a bot. Pilot training will cost you $39,975.00 for the year. This is a cost that will keep on occurring every year, whether your aircraft flies or not. However, this fee can fluctuate significantly. Our interactive graphs demonstrate the relationships between fuel cost and annual flight hour utilization. Things such as the fees for charts, software and computers to manage your aircraft will be in this category. This are two essential pieces of insurance for private jets. home|about|services|contact |ads-b reservation, 12420 East Control Tower Road. However, this cost also takes into account any unexpected maintenance events. Either way, purchasing, operating and maintaining one of these paradigmatic business jets is a very significant expense indeed. The hourly charter price is the aircrafts hourly variable cost, along with factoring in fixed costs and broker fees. Find out the best way for you to fly by private jet in less than 60 seconds. Englewood, CO 80112Phone: (303) 792-0688 Email: [email protected]. Of course, there is the option of so called self-management. Models 20 through 36, 45, 55, & 60 Series Aircraft. Haggan Aviation is FAA Certified, trained, and experienced on Learjet models, including Lear models 20 through 36, 45, 55, & 60 series. These costs are explained in further detail below the table. Overview. Browse a wide selection of new and used LEARJET 60 LEARJET 60 Aircraft for sale for sale near you at Controller.com, the leading aircraft marketplace. 4,800 and 9,600 Hour Inspections. Having well trained crew members is important. This is especially important when loo The aft baggage compartment, located beyond the lavatory, has also been increased in area to 59 cubic feet. Aircraft variable and fixed costs are important to determine before making a purchase decisions or planning annual budgets. Save my name, email, and website in this browser for the next time I comment. Everything You Need to Know About Renting a Private Jet. According to aircraftcostcalculator.com, the total annual budget for a Learjet 75 flying 450 hours per year is $1,639,408. Flying 450 Hours per Year + 200 Charter Hours. Aircraft.com is the leading registry for planes, jets, and helicopters. Learjet: 12-Year Inspections with Aircraft Paint March 2014 When planning a complete paint alongside the 12-year inspection for your Learjet* aircraft, or any maintenance activity that requires the leading edges be uninstalled, I recommend you consider having the wings painted while the leading edges are removed. Consequently, the crew salary is just that the amount you pay your crew. Hull insurance policies are agreed on a value basis. Required fields are marked *. This provides cover against loss, damage or injury to third parties. Aircraft management is an essential component when owning and operating a private jet. A continuance of the Gulfstream history including the 89 release of the GIV. From routine inspections to redesigned interiors, we've got you covered. N240JK is a gorgeous Learjet 60 with an impeccable maintenance history, recent 12 year inspection, new paint, seating for eight passengers and an aggressive motivation to sell. See below for a table of the estimated hourly variable costs when operating the Bombardier Learjet 60. Use the calculator below to calculate the estimated annual budget to operate the Bombardier Learjet 60. Use format 'FirstName LastName, Email is invalid. Crew insurance allows pilots and crew members to be provided with an enhanced employee benefit package. For example, crew overnight expenses, such as hotels and food, will cost far more in New York City than Wichita, Kansas. View photos, ownership, registration history, and more. This field is for validation purposes and should be left unchanged. Third parties in this case include passengers, cargo and baggage. Therefore, it is good practice to factor in additional, unexpected costs per year. 300hr & 600 hr c/w July 2011 Fresh 12 Year Inspection May 1, 2009, Next due 2021 All Inspections performed by Personal Jet / FXE. While exact details will vary from policy to policy, cover is generally not provided for the pilot in command or the actual aircraft. Our 12-Year Inspection consists of stripping everything from the fuselage, cabin, and cockpit to inspect via X-ray for cracks and corrosion. For example, the more you fly the aircraft, the more fuel it will use. Learn more about early Gulfstreams including model GI and GII, After the creation of their original aircraft, the company would press the limits of private aviation. Refurbished in 2017. An engine overhaul is a scheduled event that is essentially the maintenance and inspection of the engine. View Bombardier Lear 60 private jets for sale. Do you wish to upgrade/downgrade your aircraft based on need? Our mechanics also inspect time change items such as: fuel hoses, hydraulic hoses, emergency air hoses, wing flap holds, aileron bolts, etc. Liberty Jet offers Jet Management, Private Jet Cards and Private Jet Charter services. When analyzing the cost of owning an aircraft, up-front, direct, and indirect costs must be accounted. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. Crew fees, landing fees, and handling fees are highly dependant on the route taken. However, when configured for the fastest cruise speed, the Learjet 60 can maintain a cruise speed of 460 knots. Interested in operating costs? Use format '[email protected]', Phone is invalid. This is typically chosen by owners who will be flying private jets into hazardous destinations. Additionally, the more hours flown the more often an engine overhaul will need to be performed. A $979,650.00 loan over 10 years including $4081.88 per month in interest equates to a $49,123.29 per-month payment. You're a power user moving through this website with super-human speed. Haggan Aviation is committed to quality customer service. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the LEARJET 60 has total variable costs of $1,046,587.50, total fixed costs of $319,988.00, and hypothetical summary cost of $1,366,575.50. As a result, the hangar cost stated is a general average for the aircraft type. 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