This, therefore, results in an hourly variable cost figure. One of the biggest costs when flying by private jet is fuel. Haggan Aviation is FAA Certified, trained, and experienced on Learjet models, including Lear models 20 through 36, 45, 55, & 60 series. See our Jet Management sample proposal to see how much you can save. Additionally, a flight attendant may be required. We strive to keep you well-informed and to ensure there are no surprises. 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. Required fields are marked *. To hangar a Lear 60, you'll likely pay $34,125.00 for the year. The storage of a private jet when not in use is important to consider. At 409 hours, or 200,000 miles, that's a total of $754,052.85 per year.Crew expenses for the Lear 60 are, on average, $187,200.00 annually. For the Learjet 70, the total annual cost of operation is slightly reduced, to $1,625,758. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. Our interactive graphs demonstrate the relationships between fuel cost and annual flight hour utilization. Clearly, the more you fly the aircraft, the more fuel it will use. Variable costs are those that change depending on the usage of the aircraft. Constant Aviation NHRA Factory Stock Showdown. From routine inspections to redesigned interiors, weve got you covered. Englewood, CO 80112Phone: (303) 792-0688 Email: Services@HagganAviation.com. Click to access the login or register cheese. When it comes to operating the Bombardier Learjet 60, there are two expense categories to consider fixed costs and variable costs. What is your primary motivation for flying by private jet? AD 2017-11-09 required a one-time fluorescent dye penetrant inspection of the fuselage skin for corrosion, additional related inspections and corrective actions as necessary, and reporting the inspection results to the FAA. Lear 60 Serial Number 077 Upgrades include the Quiet Technology Aerospace Carbon Graphite Composite Engine Inlets, Dual Universal 1E Flight Management Systems, Rockwell Collins Corporate Aircraft Service Program (CASP). However, when configured for the fastest cruise speed, the Learjet 60 can maintain a cruise speed of 460 knots. of the issuing agency. Name is invalid. After completing the CAPTCHA below, you will immediately regain access to the site again. This is because, per hour, charter flights cost more. Depending on your usage, I'd probably recommend selling/scrapping the 55 and buying a 60. How many private jet flights have you taken? Location: Raleigh, NC. For example, crew overnight expenses, such as hotels and food, will cost far more in New York City than Wichita, Kansas. )In the market to buy, sell or manage a jet you own? With 21 Years in Business, We Are a Trusted Solution for Your Repair Needs. 2023 Liberty Jet Management All rights reserved. If you are further along in the aircraft buying process, our comprehensive aircraft operating cost reports are the perfect companion in your decision making process. 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. All these variables are proportional to the number of hours flown. Haggan Aviation has major structural repair capabilities for the installation of the Raisbeck ZR LITE Performance Systems and Aft Fuselage Lockers. And, in a major engine overhaul, a complete disassembly and inspection of the engine. Of course, all these services will come at a price. When owning a private jet there will likely be surprise costs and upgrades that occur throughout your ownership experience. 6000 Landing Inspection (labor) - $6,973.00 6000 Landing Inspection (NDT) - $5,368.00 12 Year Inspection (labor only) (x-rays Extra) - $60,984.00 12,000 Hour Inspection (labor only) (x-rays extra) - $52,158.00 Engine Change CJ610 (doesn't include engine overhaul/work) - $4,319.00 Aviation Cost Comparison Tool; Private Aviation Guide. Liberty Jet can save you thousands each year. Painting Without the Leading Edges Use format 'FirstName LastName, Email is invalid. Therefore, you can plan around when the aircraft requires maintenance. 2009 LEARJET 60XR Jet Aircraft Price: USD $6,000,000 Payments as low as USD $38,340.00 / monthly* Aircraft Location: Stuart, Florida Serial Number: 60-361 Registration #: N61WG Total Time: 2,700 Total Landings: 1,908 Additional Equipment: Airshow/Monitors Airshow 400 Wi-Fi L3 Advanced Wi-Fi Other Features DVD Player FDR Equipped Fully. All of those fixed costs combined gives you a total of $271,830.00 annually. As a result, the hangar cost stated is a general average for the aircraft type. When in its optimum configuration, the Bombardier Learjet 60 can cruise non-stop for up to 2,310 nautical miles (2,658 miles / 4,278 km). How Many Passengers Can a Private Jet Fit? Aircraft.com is the leading registry for planes, jets, and helicopters. Therefore, the estimated variable cost for private jets is presented as an hourly figure. An engine overhaul is a scheduled event that is essentially the maintenance and inspection of the engine. Do you wish to upgrade/downgrade your aircraft based on need? What is Fractional Ownership of a Private Jet? Asking: Make Offer. Our 12-Year Inspection consists of stripping everything from the fuselage, cabin, and cockpit to inspect via X-ray for cracks and corrosion. Maximal total range: 2,131 NM / 2,455 SM Cruise speed: 436 knots / 502 MPH Average price: For example, a bird strike or blown tire will introduce an unexpected maintenance check. Airframe Total Time: 7,360 Landings: 5,264 As you were browsing something about your browser made us think you were a bot. Different aircraft burn different volumes of fuel per hour. 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. Liberty Jet offers Jet Management, Private Jet Cards and Private Jet Charter services. Average price for used aircraft LEARJET 60 is $1,150,000.00. How much control do you want over the aircraft model? Whether the aircraft flies or not has no effect on fixed costs. The LEARJET 60 has a 5,313 runway length (or runway plus clearway and/or stopway) and 3,977 actual landing distance required. According to some operators, these changes in maintenance have lowered costs by as much as 50% in some models, making them very welcome developments for Learjet owners. Buy Subscription - $950/Yr or $95/Mo for 12 Months. Crew insurance allows pilots and crew members to be provided with an enhanced employee benefit package. Aircraft variable and fixed costs are important to determine before making a purchase decisions or planning annual budgets. Below the table you will find an explanation of each variable. The hourly charter price is the aircrafts hourly variable cost, along with factoring in fixed costs and broker fees. Springfield/Beckley Airport (KSGH)5826 Blue Sky Drive (Airpark OH)Springfield, Ohio45502, Fill out the form below and one of our experts will get back to you as soon as possible! Everything You Need to Know About Renting a Private Jet. 12 Year Inspection c/w May 2017: Phase C c/w July 2021: Phase D c/w July 2017: Exterior. The miscellaneous fixed costs are made up of everything that doesnt fit into the above categories. The standard cabin layout Learjet 60 seats six passengers in a four-seat club with two additional forward-facing individual seats. There are typically provided by the FBO (fixed-base operator). With its unique combination of style, range, high operating ceiling and superior high-speed performance the Learjet 60 is one of the world's most popular and desirable jet's in its category. These costs do not change in relation to the number of hours the aircraft flies. Therefore, in the event of a total loss, insurers will pay the agreed value as opposed to the current market value. How many people do you usually travel with? While exact details will vary from policy to policy, cover is generally not provided for the pilot in command or the actual aircraft. These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.). The Learjet 60 can accommodate up to 7 passengers, with a maximum baggage capacity of 55 cubic feet. Submit, Up Front: $1.5 Milion - $4 Million Flat rate prices are subject to changes in the inspection program. *The above prices do NOT include parts, NDT services or consumables. (* is required). Of course, you want it to be somewhere safe, secure and convenient. Message*: Email*: We offer one-piece composite PSU panels for Learjet 55 & 60 aircraft, one-piece window line panels, custom cabinets and finishes, and new cabin seating. Additionally, note that all values are in USD. 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 $8.73.These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments. This includes the GV , G650, and new insider information on next generation aircraft! See below for a table of the estimated hourly variable costs when operating the Bombardier Learjet 60. Of course, there is the option of so called self-management. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. Overview. Typical / Maximum Cabin Passenger Capacity, Baggage Capacity Internal / External (CFT). Therefore, for most private jet owners a hangar is a preferable option over leaving it outside. In terms of cost, the Learjet 60XR has an estimated hourly charter price of $4,250. Where are you going to leave your multi-million dollar aircraft when it isnt in the sky? The best example of a variable cost in this case is fuel use. These intervals are scheduled and depend on the manufacturers guidelines. 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. LEARJET 60 For Sale in DELRAY BEACH, FLORIDA - 9 Listings | Controller.com However, this fee can fluctuate significantly. In simple terms, there are two types of insurance that private jets must have. Up- front costs are how much you may be expected to pay for an aircraft as the price of purchasing, this decreases based on number of cycles, length of service, and age of the aircraft. Haggan Aviation is committed to quality customer service. Flying 450 Hours per Year + 200 Charter Hours. You're a power user moving through this website with super-human speed. At 409 hours, we're looking at the following costs: This article is a recounting of the history of Gulfstream. Privacy Policy | Cookies Policy | Glossary of Terms. . Simply enter the number of hours per year and receive click Get Annual Budget. The Learjet 60 is powered by two Pratt & Whitney Canada PW305A turbofan engines, each flat-rated to 4,600 pounds of thrust to +17 C. This flat-rating leaves plenty of temperature margin for maintaining rated takeoff thrust under hot and high conditions and reduces the thermal stress on the engine for increased reliability. Our dedication to Learjet and Challenger maintenance ensures the quality of the finished result. Crew fees are those that you need to pay the crew during an extended stay. You've disabled cookies in your web browser. Therefore, in the ownership cost example we assume an aircraft management company is involved. Again, much like maintenance of the airframe, the more an engine is used, the more wear and tear the engine will experience. In terms of cost, the Learjet 60 has an estimated hourly charter price of $4,250. 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 in your city or airport identifier for a visual representation of the NBAA IFR Range (NM) for this aircraft. The more hours you fly, the more fuel the aircraft burns. Additional information is available in this. This are two essential pieces of insurance for private jets. This figure is the cost per hour that the aircraft is flown. 12,000 Hour and 12 Year Inspections. You've disabled JavaScript in your web browser. Therefore, it is hard to given an accurate figure. Consequently, the crew salary is just that the amount you pay your crew. Our mechanics also inspect time change items such as: fuel hoses, hydraulic hoses, emergency air hoses, wing flap holds, aileron bolts, etc. The estimated annual fixed cost for operating the Learjet 60 is $382,287. One of the biggest costs when flying by private jet is fuel. View a sample or buy a report and have it available in minutes. Therefore, the more hours flown, the quicker an engine overhaul will be required. Aircraft.com is the leading registry for planes, jets, and helicopters 1993 LEARJET 60 | 002 | Aircraft.com The LEARJET 60, production in 1993-2003, requires a two man crew and can be configured in 7 seats. Own a Jet? Again, they are integral to the safe and efficient operation of your aircraft. Third parties in this case include passengers, cargo and baggage. In no way does this quote bind the aircraft Owner/Operator and/or Spectra Jet until a legal agreement is made by both parties. Maximum operating altitude of 51,000, a optimal cruise speed of 436 knots/502 MPH, and a 2,131 NM/2,455 SM seats-full range. 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. Find out the best way for you to fly by private jet in less than 60 seconds. The small half-lavatory of the 55 series is replaced by a full-size aft lavatory on the Learjet 60 and a larger galley is found on the forward starboard sidewall opposite the entry door. The first is liability insurance. You're a power user moving through this website with super-human speed. Naturally, there are many factors that will influence the annual cost of hangarage. Haggan Aviation is FAA Certified, trained, and experienced on Learjet models, including Lear models 20 through 36, 45, 55, & 60 series. 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. **Additional parts may be needed for major landing gear inspection. How much does it cost to fly: $3,036.83 per hour. When analyzing the cost of owning an aircraft, up-front, direct, and indirect costs must be accounted. Our entire team lives and breathes aviation. This is a cost that will vary depending on region and aircraft type. The estimated annual fixed cost for operating the Learjet 60 is $382,287. The aft baggage compartment, located beyond the lavatory, has also been increased in area to 59 cubic feet. Get a FREE Consultation and Evaluation At Haggan Aviation, our Flight Safety and factory-trained maintenance personnel have over 275 years of combined maintenance experience. home|about|services|contact |ads-b reservation, 12420 East Control Tower Road. We can perform all inspections from300 hour A inspections up to 12 year and 12,000 hour inspections. How much does it cost to buy a Bombardier Lear 60? Use format 'you@youremaildomain.com', Phone is invalid. These costs are crew salary, crew training, hangar, insurance, management and then the additional, miscellaneous fixed costs. Jump straight to the total cost table of the Bombardier Learjet 60, 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. Stevens Aerospace brings more than 20 years of airframe-specific experience resulting in an unmatched customer experience in the maintenance, repair, avionics and refurbishment of your Learjet 30, 40, 50, or 60 series.Stevens Aerospace Learjet aircraft maintenance services include: All Major and Minor Airframe and Engine Inspections; Avionics . This field is for validation purposes and should be left unchanged. 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. Find N160GG 1997 LEARJET 60 on Aircraft.com. For all news media-related inquiries, please contact: Complete avionics service and installation. Given the term overhaul, the event is more serious than a quick visual inspection. Crew fees, landing fees, and handling fees are highly dependant on the route taken. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. No matter how well you plan and budget, there will always be some unexpected costs involved. Or read this article to see the different fuel burn figures for all private jets. For example, sourcing and managing pilots to making sure the aircraft is airworthy, are all tasks provided by your aircraft management company. Duncan Aviation Interior Services Learjet Paint Services The Bombardier Learjet 60 can cruise at up to 51,000 feet. See this to learn about private jet fuel costs. Thanks to its Pratt & Whitney Canada PW305A engines, the Learjet 60 has a total thrust output of 9,200 lbs. Therefore, it is good practice to factor in additional, unexpected costs per year. Of course, depending on location, fuel prices vary dramatically. Interested in operating costs? Furthermore, back when deliveries of the Bombardier Learjet 60 began, the list price for a new example was $13 million. There are five factors that we have built into the hourly variable cost figure. Additionally, crew fees are highly dependant on the length of stay and the location. 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 $8.73. The cabin is three inches wider than that of the 55C and is 43 inches longer by virtue of the fuselage stretch. Top stories from Jet Insiders delivered to your inbox. 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. Maximal total range:2,131 NM / 2,455 SMCruise speed:436 knots / 502 MPHAverage price:$1,150,000.00Number of passengers:7 people, Your email address will not be published. An aircraft management team provide all the necessary services required to fly the aircraft. Aircraft management is an essential component when owning and operating a private jet. Landing fees will vary from airport to airport. So, therefore, whether you fly the aircraft 50 hours per year or 500 hours, the fixed costs will remain the same. Things such as the fees for charts, software and computers to manage your aircraft will be in this category. Hull insurance policies are agreed on a value basis. Additionally, the more hours flown the more often an engine overhaul will need to be performed. Aviation hull war insurance provides cover for loss of the aircraft due to war, hijack, confiscation, malicious damage and other similar risks. Additional information is available in this. Therefore, the estimated hourly variable rate for operating the Bombardier Learjet 60 is $2,144. Our 12-Year Inspection consists of stripping everything from the fuselage, cabin, and cockpit to inspect via X-ray for cracks and corrosion. This is typically chosen by owners who will be flying private jets into hazardous destinations. Therefore, this cost will be slightly adjusted depending on the fuel cost at the FBO. Constant Aviation offers industry leading knowledge and experience, delivering world-class service on the Bombardier Learjet 40, 45, and 60 airframes. However, this option is rarely selected. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. Please contact a Jet Advisors for a free consultation and estimate. Constant Aviation offers industry leading knowledge and experience, delivering world-class service on the Bombardier Learjet 40, 45, and 60 airframes. (e.g. 2003 LEARJET 60 Jet Aircraft Price:USD $3,675,000 Payments as low as USD $23,483.25 / monthly* Aircraft Location:Fort Lauderdale, Florida Serial Number:0270 Registration #:N79SC Total Time:2,098 Total Landings:1,258 Additional Equipment:Special Edition SE Package Triple Rotor Brakes Exterior Notes:Overall white with green and gold accent stripes. Additionally, the Learjet 60 has an average hourly fuel burn of 203 Gallons per Hour (GPH). Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the LEARJET 60 has total variable costs of $1,380,600.00, total fixed costs of $518,714.00, and an annual budget of $1,899,314.00. Fixed Annual Costs. This is where the management tasks are left with your pilot in command. Such as including loss of licence cover, personal accident cover and travel insurance. Prices today are around $1,895,000 with 18 currently advertised for sale. Insurance, including hull and legal liability, will cost you $10,530.00 for the year. Therefore, you could get away with just pilot. 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. After completing the CAPTCHA below, you will immediately regain access to the site again. Join Captain Ed Thrayes as he recounts the history of the company whose jets he has been flying for over 25 years. The final value takes into account both fixed and variable costs. You've disabled JavaScript in your web browser. Our mechanics also inspect time change items such as: fuel hoses, hydraulic hoses, emergency air hoses, wing flap holds, aileron bolts, etc. We specialize in inspections, maintenance, repairs and modifications, parts and component overhaul as well as interior refurbishments and exterior paint modifications. 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. Additionally, these maintenance events are in direct relation to the number of hours that the aircraft is flown. Honest Quoting Done Correctly the First Time! Learn the recent history and how the current model Gulfstreams were created. If you are interested in learning more about engine overhauls, then read this article. However, larger aircraft will require at least two crew, sometimes three for a longer flight. Name*: Additionally, crew for larger aircraft will typically cost more. Additionally, larger aircraft require more crew. The cabin is three inches wider than that of the 55C and is 43 inches longer by virtue of the fuselage stretch. Therefore, the more the aircraft flies, the more maintenance it will require. Models 20 through 36, 45, 55, & 60 Series Aircraft. Fuel costs are a significant hourly expense when operating a private jet. 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. 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. This provides cover against loss, damage or injury to third parties. Download Spec Sheet Contact Us Highlights Beautiful 2018 Paint and Interior Refurbishment Low Total Time Relative to Fleet: 7100 TT Excellent Maintenance Status: 12 Year Inspection C/W2018, Phase DC/W2018, Phase C C/W2022 Strong Service Bulletin Status: Increased TOGW, Three Rotor Brakes, Titanium Flap Tracks, RVSM Airframe Engines Please contact a Jet Advisors for a free consultation and estimate. Therefore, this budget accounts for the unexpected. For example, the cost of labor in certain parts of the world is lower than others.
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