Operating Costs

   
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Model I II
Serial Number ORIGINAL ORIGINAL
     
DIRECT COSTS/HOUR    
Fuel $134.00 $140.00
   Cost/Gallon $2.00 $2.00
   Additive/Gallon $0.00 $0.00
   Burn/Hour 67.00 70.00
Maintenance $116.00 $116.00
   Labor/Hour $70.00 $70.00
   Parts/Hour $46.00 $46.00
Engine Overhaul $57.14 $94.00
Thrust Reverse Overhaul $0.00 $0.00
Misc. Flight Expenses $4.50 $4.50
   Landing/Parking Fee $4.50 $4.50
   Crew Expenses $0.00 $0.00
   Supplies/Catering $0.00 $0.00
Total Direct Cost $311.64 $354.50
     
Block Speed Statute Miles/Hour 259 287
Total Cost/Statute Mile $1.20 $1.24
     
ANNUAL FIXED COSTS    
Crew Salaries $105,092.00 $105,092.00
   Capt. Salary $48,160.00 $48,160.00
   Co-pilot Salary $32,680.00 $32,680.00
   Benefits $24,252.00 $24,252.00
Hangar Cost $22,118.00 $22,118.00
Insurance $12,598.00 $14,910.00
   Hull $9,198.00 $11,510.00
   Legal Liability $3,400.00 $3,400.00
Misc. Overhead $15,968.00 $14,873.00
   Training $7,368.00 $7,273.00
   Modernization $4,600.00 $3,600.00
   Nav. Equipment $4,000.00 $4,000.00
Depreciation $127,754.60 $159,883.90
Total Fixed Cost $283,530.60 $316,876.90
     
ANNUAL BUDGET    
   Number of Seats 6 8
   Miles 135,000 135,000
   Hours 521 470
     
Total Direct Costs $162,364.00 $166,615.00
Total Fixed Costs $283,530.60 $316,876.90
Total Cost (Fixed & Direct) $445,894.60 $483,491.90
   Cost/Hour $855.84 $1,028.71
   Cost/Statute Mile $3.30 $3.58
   Cost/Seat Mile $0.55 $0.45
     
Total Cost (No Depreciation) $318,140.00 $323,608.00
   Cost/Hour $610.63 $688.53
   Cost/Statute Mile $2.36 $2.40
   Cost/Seat Mile $0.39 $0.30