Operating Cost

       
Make LEARJET LEARJET LEARJET LEARJET
Model 55 55B 55C 60
Serial Number ORIGINAL ORIGINAL ORIGINAL ORIGINAL
         
DIRECT COSTS/HOUR        
Fuel $390.00 $394.00 $394.00 $378.00
   Cost/Gallon $2.00 $2.00 $2.00 $2.00
   Additive/Gallon $0.00 $0.00 $0.00 $0.00
   Burn/Hour 195.00 197.00 197.00 189.00
Maintenance $237.50 $237.50 $237.50 $237.50
   Labor/Hour $137.50 $137.50 $137.50 $137.50
   Parts/Hour $100.00 $100.00 $100.00 $100.00
Engine Overhaul $283.31 $283.31 $283.31 $233.20
Thrust Reverse Overhaul $12.00 $12.00 $12.00 $12.00
Misc. Flight Expenses $8.00 $8.00 $8.00 $8.00
   Landing/Parking Fee $8.00 $8.00 $8.00 $8.00
   Crew Expenses $0.00 $0.00 $0.00 $0.00
   Supplies/Catering $0.00 $0.00 $0.00 $0.00
Total Direct Cost $930.81 $934.81 $934.81 $868.70
         
Block Speed Statute Miles/Hour 422 422 423 432
Total Cost/Statute Mile $2.21 $2.22 $2.21 $2.01
         
ANNUAL FIXED COSTS        
Crew Salaries $145,314.00 $145,314.00 $145,314.00 $161,541.00
   Capt. Salary $62,280.00 $62,280.00 $62,280.00 $74,262.00
   Co-pilot Salary $49,500.00 $49,500.00 $49,500.00 $50,000.00
   Benefits $33,534.00 $33,534.00 $33,534.00 $37,279.00
Hangar Cost $53,248.00 $53,248.00 $53,248.00 $53,248.00
Insurance $19,800.00 $34,500.00 $34,500.00 $76,855.00
   Hull $15,300.00 $30,000.00 $30,000.00 $72,355.00
   Legal Liability $4,500.00 $4,500.00 $4,500.00 $4,500.00
Misc. Overhead $56,545.00 $56,545.00 $58,550.00 $57,000.00
   Training $22,545.00 $22,545.00 $24,130.00 $25,000.00
   Modernization $28,000.00 $28,000.00 $28,420.00 $26,000.00
   Nav. Equipment $6,000.00 $6,000.00 $6,000.00 $6,000.00
Depreciation $526,662.00 $497,000.00 $672,000.00 $236,540.27
Total Fixed Cost $801,569.00 $786,607.00 $963,612.00 $585,184.27
         
ANNUAL BUDGET        
   Number of Seats 7 7 7 7
   Miles 200,000 200,000 200,000 200,000
   Hours 473 473 472 462
         
Total Direct Costs $440,273.10 $442,165.10 $441,230.30 $401,339.40
Total Fixed Costs $801,569.00 $786,607.00 $963,612.00 $585,184.20
Total Cost (Fixed & Direct) $1,241,842.00 $1,228,772.00 $1,404,842.00 $986,523.60
   Cost/Hour $2,625.46 $2,597.83 $2,976.36 $2,135.33
   Cost/Statute Mile $6.21 $6.14 $7.02 $4.93
   Cost/Seat Mile $0.89 $0.88 $1.00 $0.70
         
Total Cost (No Depreciation) $715,180.10 $731,772.10 $732,842.30 $749,983.40
   Cost/Hour $1,512.01 $1,547.09 $1,552.63 $1,623.34
   Cost/Statute Mile $3.58 $3.66 $3.66 $3.75
   Cost/Seat Mile $0.51 $0.52 $0.52 $0.54