Bonanza / Baron hourly rate

[VMC-on-top]

All you lucky Bonanza owners / syndicate members, can you tell me what your full inclusive (wet) hourly rate is? (incl. engine fund etc.)

How does this compare to a Baron?

thanks.

[Artistic Intention]

I fly a nice A36 on a no equity basis. £180/month and £230/hr wet.

[VMC-on-top]

OUCH! Is that typical? I mean, how does your aircraft rate in terms of airframe hours, engine etc.?

What about compared to a Baron? And, anyone any ideas on say, a PA46?

[Artistic Intention]

It's a 1998 model, with 1200 hours airframe and engine. Tip tanks, Garmin 530W, King KFC 225 autopilot, mode S transponder etc etc. It's not cheap, but cruises comfortably at 170 kts, and I don't have to tie up any capital with it.

No idea on Baron and PA46 comparison.

[IO540]

£230/hr should generate a healthy fund ;)

I used to rent out my TB20 for £80/hr + VAT DRY, and was making about £30/hr gross profit on that.

Typical low level cruise fuel flow is about 11GPH (42 litres/hr) so you can work out the fuel cost.

[Chilli Monster]

What about compared to a Baron? And, anyone any ideas on say, a PA46?

Sensible operating costs for a Baron would be in the region of £300 an hour, with the fixed costs (Insurance, Hangarage) hitting you for about £12K a year

[flybymike]

The original question is impossible to answer. The hourly rate will vary between literally thousands of pounds per hour for a single owner with low usage based at a regional airport, down to maybe £170ph for several owners and moderate to high usage at a grass strip. Loss of interest on capital employed in the aircraft is another cost to be factored in.

[VMC-on-top]

Ignoring finance costs, what would one expect, for say, 200 hrs p.a.?

[flybymike]

Based where?
You need to work out the minimum fixed overheads (Hangarage, Insurance, annual inspection etc) before adding the cost of fuel (say at least £100ph) then dividing by 200 and or by the number of group owners.
Annual costs are going to be somewhere between £17000pa and £11k pa.
And thats just before the engine blows up.

[sternone]

Sensible operating costs for a Baron would be in the region of £300 an hour,

BS, you can add a few 100's to that, if you count everything (annuals included)

Oh, I hope you don't fly IFR in Europe with it, it's above the 1999kg MTOW rule.

[rmac]

Flybymike,

At current interest rates, loss of interest on capital employed for a Bonanza probably works out at about 37p per year..:E

[flybymike]

Fair point...:\

[Artistic Intention]

£230/hr should generate a healthy fund http://images.ibsrv.net/ibsrv/res/src:www.pprune.org/get/images/smilies/wink2.gif

It's no wonder I don't fly it a lot :rolleyes: