Operating Costs

         
Make CHALLENGER CHALLENGER CHALLENGER CHALLENGER CHALLENGER
Model 600 601-1A 601-3A 601-3R 604
Serial Number ORIGINAL ORIGINAL ORIGINAL ORIGINAL ORIGINAL
           
DIRECT COSTS/HOUR          
Fuel $628.00 $592.00 $588.00 $586.00 $560.00
   Cost/Gallon $2.00 $2.00 $2.00 $2.00 $2.00
   Additive/Gallon $0.00 $0.00 $0.00 $0.00 $0.00
   Burn/Hour 314.00 296.00 294.00 293.00 280.00
Maintenance $529.00 $453.00 $344.95 $344.95 $316.00
   Labor/Hour $189.00 $178.00 $178.20 $178.20 $110.00
   Parts/Hour $340.00 $275.00 $166.75 $166.75 $206.00
Engine Overhaul $338.50 $256.67 $260.00 $251.00 $240.00
Thrust Reverse Overhaul $12.00 $12.00 $12.00 $12.00 $12.00
Misc. Flight Expenses $16.00 $16.00 $16.00 $16.00 $18.00
   Landing/Parking Fee $16.00 $16.00 $16.00 $16.00 $18.00
   Crew Expenses $0.00 $0.00 $0.00 $0.00 $0.00
   Supplies/Catering $0.00 $0.00 $0.00 $0.00 $0.00
Total Direct Cost $1,523.50 $1,329.67 $1,220.95 $1,209.95 $1,146.00
           
Block Speed Statute Miles/Hour 429 429 431 422 424
Total Cost/Statute Mile $3.55 $3.10 $2.83 $2.87 $2.70
           
ANNUAL FIXED COSTS          
Crew Salaries $171,492.00 $171,492.00 $171,492.00 $171,492.00 $202,190.00
   Capt. Salary $76,806.00 $76,806.00 $76,806.00 $76,806.00 $87,320.00
   Co-pilot Salary $55,111.00 $55,111.00 $55,111.00 $55,111.00 $68,210.00
   Benefits $39,575.00 $39,575.00 $39,575.00 $39,575.00 $46,660.00
Hangar Cost $121,635.00 $121,635.00 $121,635.00 $121,635.00 $121,635.00
Insurance $68,332.00 $86,940.00 $118,080.00 $134,100.00 $169,619.00
   Hull $63,832.00 $82,440.00 $113,580.00 $129,600.00 $165,119.00
   Legal Liability $4,500.00 $4,500.00 $4,500.00 $4,500.00 $4,500.00
Misc. Overhead $82,510.00 $83,000.00 $83,650.00 $83,650.00 $70,000.00
   Training $32,650.00 $32,000.00 $32,650.00 $32,650.00 $31,000.00
   Modernization $36,860.00 $38,000.00 $38,000.00 $38,000.00 $26,000.00
   Nav. Equipment $13,000.00 $13,000.00 $13,000.00 $13,000.00 $13,000.00
Depreciation $886,527.75 $1,145,000.00 $1,577,500.00 $1,800,000.00 $2,293,300.00
Total Fixed Cost $1,330,496.75 $1,608,067.00 $2,072,357.00 $2,310,877.00 $2,856,744.00
           
ANNUAL BUDGET          
   Number of Seats 11 11 11 11 11
   Miles 200,000 200,000 200,000 200,000 200,000
   Hours 466 466 464 473 471
           
Total Direct Costs $709,951.00 $619,626.00 $566,521.00 $572,306.00 $539,766.00
Total Fixed Costs $1,330,496.00 $1,608,067.00 $2,072,357.00 $2,310,877.00 $2,856,744.00
Total Cost (Fixed & Direct) $2,040,447.00 $2,227,693.00 $2,638,878.00 $2,883,183.00 $3,396,510.00
   Cost/Hour $4,378.64 $4,780.46 $5,687.24 $6,095.52 $7,211.27
   Cost/Statute Mile $10.20 $11.14 $13.19 $14.42 $16.98
   Cost/Seat Mile $0.93 $1.01 $1.20 $1.31 $1.54
           
Total Cost (No Depreciation) $1,153,920.00 $1,082,693.00 $1,061,378.00 $1,083,183.00 $1,103,210.00
   Cost/Hour $2,476.22 $2,323.38 $2,287.45 $2,290.03 $2,342.27
   Cost/Statute Mile $5.77 $5.41 $5.31 $5.42 $5.52
   Cost/Seat Mile $0.52 $0.49 $0.48 $0.49 $0.50