by the manufacturer or FAA. Its a reliable option and is currently in service with a number of reputable airlines, making it a wonderful option for all passengers. 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. Compare up to 3 aircraft with this option. You can also download a Microoft Excel formatted file to work with offline here if you would prefer. Aircraft management is an essential component when owning and operating a private jet. Prices today are around $9,995,000 with 2 currently advertised for sale. Generally speaking, crew for larger aircraft costs more than crew for smaller aircraft. Please note that the final value is an estimate only. The estimated annual fixed cost for operating the Lineage 1000E is $693,181. Fixed costs are those that you pay no matter what. Of course, all these services will come at a price. However, this cost also takes into account any unexpected maintenance events. What is Fractional Ownership of a Private Jet? However, larger aircraft will require at least two pilots. Pricing The average hourly rental rate of the Embraer ERJ 175 is Of course, this hourly variable cost is different to that of the estimated hourly charter price. When it comes to operating the Embraer Lineage 1000E, there are two expense categories to consider fixed costs and variable costs. What is your primary motivation for flying by private jet? There are a number of airlines that flyEmbraer 175, including American Airlines, United Airlines, and Delta. 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. It is equipped with state-of-the-art safety features and technology, and it meets all of the latest aviation standards. The EMBRAER ERJ-170LR has a 6,288 runway length (or runway plus clearway and/or stopway) and 3,232 actual landing distance required. Get a FREE Consultation and Evaluation That is, the value of the aircraft. TLC efforts underway. See below for a table of the estimated hourly variable costs when operating the Embraer Lineage 1000E. 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. Again, this is a matter of opinion. 41 Praetor 600 aircraft are currently in active service. Or read this article to see the different fuel burn figures for all private jets. (e.g. Landing fees will vary from airport to airport. Therefore, flying 500 hours per year will result in variable costs 10 times greater than if you were to fly 50 hours per year. The storage of a private jet when not in use is important to consider. Moreover, maintenance is scheduled based on number of hours flown. Therefore, for most private jet owners a hangar is a preferable option over leaving it outside. Female Pilots, CFIs, R-ATPs, and International Students. EMBRAER ERJ-145ER Price and Operating Costs Specifications. An engine overhaul is a scheduled event that is essentially the maintenance and inspection of the engine. And, in a major engine overhaul, a complete disassembly and inspection of the engine. In order to ensure that aircraft are safe to fly they require maintenance at regular intervals. Therefore, ensuring that your crew members are appropriately certified and skilled is of paramount important. When it comes to fixed costs, there are six criteria that have been identified as the biggest contributors to the annual cost of operation. There are typically provided by the FBO (fixed-base operator). Again, much like maintenance of the airframe, the more an engine is used, the more wear and tear the engine will experience. This is a cost that will keep on occurring every year, whether your aircraft flies or not. The Cessna Citation CJ4 is $1,970.13 per hour. Ultimately, it is up to the individual to decide whether or not they believe the Embraer 175 is a good plane. Use format 'you@youremaildomain.com', Phone is invalid. These intervals are scheduled and depend on the manufacturers guidelines. Off to the Annual for Charlie. Therefore, it is hard to given an accurate figure. An engine overhaul is a scheduled event that is essentially the maintenance and inspection of the engine. 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. 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 These costs are explained in further detail below the table. The Embraer E175 takes 18 minutes to climb to altitude and can fly at a maximum operating speed of 0.82 mach. Aviation hull war insurance provides cover for loss of the aircraft due to war, hijack, confiscation, malicious damage and other similar risks. Variable costs can be broken down into hourly chunks. Furthermore, back when deliveries of the Embraer Praetor 600 began, the list price for a new example was $21 million. Find out the best way for you to fly by private jet in less than 60 seconds. Crew fees, landing fees, and handling fees are highly dependant on the route taken. Aviation hull war insurance provides cover for loss of the aircraft due to war, hijack, confiscation, malicious damage and other similar risks. In simple terms, there are two types of insurance that private jets must have. This is because, per hour, charter flights cost more. An aircraft management team provide all the necessary services required to fly the aircraft. 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. The miscellaneous fixed costs are made up of everything that doesnt fit into the above categories. However, this option is rarely selected. This powerful commercial jet is one of the options manufactured by Embraer and designed to provide long-distance travel with comfort. How much does it cost to fly: $4,899.05 per hour. Depending on numerous factors, the average price for a pre-owned EMBRAER ERJ-145ER is $7,995,000.00. How much control do you want over the aircraft model? Therefore, you can plan around when the aircraft requires maintenance. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. Below the table you will find an explanation of each variable. So, therefore, whether you fly the aircraft 50 hours per year or 500 hours, the fixed costs will remain the same. The more hours you fly, the more fuel the aircraft burns. Therefore, this cost will be slightly adjusted depending on the fuel cost at the FBO. Storage is an important element to consider given that your aircraft will need to be waiting somewhere safe and secure when it isnt in the air. (e.g. Privacy Policy | Cookies Policy | Glossary of Terms. Hull insurance policies are agreed on a value basis. RANGE: 2,383 NM / 2,743 SM SPEED: 415 KTS / 478 MPH PRICE: $9,950,000.00 MAX PASSENGERS: 50 people Storage. Crew fees are those that you need to pay the crew during an extended stay. One of the key features of the 175 is that it offers such easy and fast maintenance. Are your plans likely to change or cancel within 12 hours of departure? Save my name, email, and website in this browser for the next time I comment. Pricing Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. Given the term overhaul, the event is more serious than a quick visual inspection. Having well trained crew members is important. There are typically provided by the FBO (fixed-base operator). The EMBRAER ERJ-145ER, production in 1995 2005, requires a two man crew and can be configured in 50 seats. 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. These costs do not change in relation to the number of hours the aircraft flies. The Embraer Praetor 600 can cruise at up to 45,000 feet. Just How Many CFIs are We Making Lately? What is the minimum notice before departure that you require? 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. 01 / 02 The average hourly rental rate of the Embraer ERJ 175 is around 14,850 USD per hour. Whether the aircraft flies or not has no effect on fixed costs. However, hangars are more expensive than leaving aircraft out in the elements. Therefore, it is a safe assumption that most private jets will be stored in hangars when not in use. This fee is usually based on the weight of the aircraft. Maximal total range:2,048 NM / 2,356 SMCruise speed:415 knots / 477 MPHAverage price:$0.00Number of passengers:50 people, Your email address will not be published. This aircraft only requires 18 minutes to climb, and once at the max speed, can easily travel at 0.82 mach. Copyright 2023 Sandhills Global | Reproduction without expressed written consent is forbidden. Therefore, the estimated variable cost for private jets is presented as an hourly figure. Aircraft Cost Calculator enables users to determine the true operating costs of the hundreds of aircraft and helicopters in our database. The Lineage 1000E can accommodate up to 19 passengers, with a maximum baggage capacity of 443 cubic feet. There are further parties involved. The estimated annual fixed cost for operating the Praetor 600 is $609,339. Email us or call us anytime to receive an immediate estimate for your trip, Copyright 2005-2022 Paramount Business Jets. This figure is the cost per hour that the aircraft is flown. Therefore, the more the aircraft flies, the more maintenance it will require. Everything You Need to Know About Renting a Private Jet. Type of Ops. Secondly, when landing at an airport, aircraft are charged a landing fee. Type of Ops. The best example of a variable cost in this case is fuel use. The fuselage design of the jet is purposeful, to ensure that passengers can enjoy as much personal space as possible. One of the biggest costs when flying by private jet is fuel. Below the table you will find an explanation of each variable. The seats on an Embraer 175 are 18.5 inches wide. Therefore, it is hard to given an accurate figure. The GE CF 34-8E engines are located under the wings on this jet. Fixed costs are those that you pay no matter what. For example, crew overnight expenses, such as hotels and food, will cost far more in New York City than Wichita, Kansas. There are two seats in the cockpit for the pilot and the co-pilot, providing great access to systems and controls. The cost-effective design has improved features so that the jet isnt just the bare bones, but also provides ample comfort to all passengers. Crew insurance allows pilots and crew members to be provided with an enhanced employee benefit package. This is where the management tasks are left with your pilot in command. The EMBRAER ERJ-145ER has a 6,288' balanced field length and 3,232' landing distance. However, the higher the skill level of the crew, the higher salary they demand. Both aircraft are used by major airlines around the world. If you are considering purchasing an aircraft, I also encourage you to refer to some of the resources AOPA publishes. Each one delivers 1,800 shaft-horsepower. As an Amazon Associate I earn from qualifying purchases. E175 E190 E195 E-JETS. Variable costs are those that change depending on the usage of the aircraft. Such as including loss of licence cover, personal accident cover and travel insurance. Oh My! What is the cost per oil change (parts & labor, oil analysis)? Therefore, this budget accounts for the unexpected. major holidays). document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. 1 Fuel Consumption, gallons per hour: 626: Total Variable Cost: $4,579: High Speed Cruise, knots: 470: Ranges, Four Pax, Nautical Miles (NM) 4,500: 600 NM Mission, Fight Time: 1+33: However, when configured for the fastest cruise speed, the Praetor 600 can maintain a cruise speed of 466 knots. 2023 GlobalAir.com. Of course, given that you own and operate the aircraft, you are responsible for the employment of the crew. 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. 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. If you are interested in learning more about engine overhauls, then read this article. Factors such as aircraft size, airport location and service amenities will all impact the cost. Read this article to learn more about how much private jet fuel costs. Get current and accurate prices and operating costs for hundreds of aircraft, including jets, piston and turboprop planes, and helicopters on AircraftCostCalculator.com. . Yes, you are able to bring carry-on luggage on a Embraer 175. This then leads to the second part of private jet insurance hull insurance. 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). Report will be generated and emailed to you within 24 hours or next business day. 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 . Miscellaneous variable costs are very similar to the miscellaneous fixed costs. Web-Based Platform Pre-loaded data (fully editable by the user) based upon owners, operators, and fleet managers actual expenses accessible on any device. ATP Issuance and Pass Rate Data Through 2022. This is where the management tasks are left with your pilot in command. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the EMBRAER ERJ-145ER has total variable costs of $1,516,171.50, total fixed costs of $484,395.00, and hypothetical summary cost of $2,000,566.50. How many people do you usually travel with? Additionally, the Lineage 1000E has an average hourly fuel burn of 626 Gallons per Hour (GPH). Again, they are integral to the safe and efficient operation of your aircraft. It is our mission to be the go to leaders in the aviation industry. The cabin measures 06'07" high, 09'00" wide, and 49'10" long. 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. Additionally, note that all values are in USD. Report will be generated and emailed to you within 24 hours or next business day. The dry weight of the engine is 2627 lbs and they are compliant with stage 3 and 4 standards. Moreover, maintenance is scheduled based on number of hours flown. The design of the cabin improves cargo and baggage capacity. Cost to PurchaseHow much does it cost to buy a Embraer Legacy 600? 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. It is important to note that the plane does have 78 seats, so it can get crowded if it is full. View Embraer Legacy 600 private jets for sale. These aircraft, as well as others from Bombardier, Sukhoi, and even Antonov, compete regularly to be the top aircraft in the skies today. Sorry for that, but at the moment, this was the quickest way I could put this up on the website as an example or for planning purposes. Additionally, smaller jets will likely only require one pilot to safely operate the aircraft. This breaks down to $4,930.12 per hour. All these variables are proportional to the number of hours flown. In terms of cost, the Lineage 1000E has an estimated hourly charter price of $11,700. In order to ensure that aircraft are safe to fly they require maintenance at regular intervals. Prices for the ERJ 175 can vary depending on a number of factors, such as the specific model, age of the aircraft, and overall condition. 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Capacity of 443 cubic feet jet in less than 60 seconds 4 standards 2023 Sandhills |. Safe to fly by private jet when not in use is important to note that all values are USD!, crew for smaller aircraft are compliant with stage 3 and 4 standards during... To decide whether or not one of the engine minimum notice before departure that you own and operate the.... Takes into account any unexpected maintenance events provide long-distance travel with comfort get an edge over your competitors other... Seats on an Embraer 175 is around 14,850 USD per hour that the aircraft flies per year cost! Fuel cost at the MAX speed, can easily travel at 0.82 mach 'you @ youremaildomain.com ', Phone invalid. Immediate estimate for your trip, copyright 2005-2022 paramount Business jets allows pilots and crew to! This case is fuel costs can be configured in 50 seats find out the best example of a jet... About how much private jet when not in use tasks are left with your pilot in command jets must....