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Lockheed JetStar II

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Old 26th Jun 2005, 19:02
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Lockheed JetStar II

Thinking of buying one for personal/charter ops.
The folks concerned like the 4-engine idea.

Anyone have recent operating data/costs?

Many thanks!
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Old 26th Jun 2005, 19:25
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This might help......long winded but should be all there!!

DIRECT COSTS/HOUR
Fuel $940.00
Cost/Gallon $2.35
Additive/Gallon $0.00
Burn/Hour 400.00
Maintenance $294.75
Labor/Hour $204.75 Parts/Hour $90.00
Engine Overhaul $385.56 Thrust Reverse Overhaul $40.00
Misc. Flight Expenses $14.00
Landing/Parking Fee $14.00
Total Direct Cost $1,674.31
Block Speed Statute Miles/Hour 414
Total Cost/Statute Mile $4.04
ANNUAL FIXED COSTS Crew Salaries $167,200.00 Capt. Salary $77,000.00 Co-pilot Salary $53,000.00 Benefits $37,200.00 Hangar Cost $75,000.00 Insurance $58,120.00 Hull $33,120.00 Legal Liability $25,000.00 Misc. Overhead $44,472.00 Training $33,786.00 Modernization $8,486.00 Nav. Equipment $2,200.00 Depreciation $115,000.00 Total Fixed Cost $459,792.00 ANNUAL BUDGET Number of Seats 10
Miles 200,000 Hours 483
Total Direct Costs $808,845.00 Total Fixed Costs $459,792.00 Total Cost (Fixed & Direct) $1,268,637.00 Cost/Hour $2,626.08 Cost/Statute Mile $6.34
Cost/Seat Mile $0.63
Total Cost (No Depreciation) $1,153,637.00
Cost/Hour $2,388.03
Cost/Statute Mile $5.77
Cost/Seat Mile $0.58

Bit costly but a good ole bird
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Old 27th Jun 2005, 08:45
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411A

I like the JetStar II, but for a maintenance company she is a license to print money, so look out for as much of the following should you go down this route:

Fresh Tank & Plank
Engines are 100% covered on full MSP/JSSI program
Airframe on JSSI
RVSM!!
MNPS Certified
8.33 kHz Spacing
FM Immunity

The Tank and Plank can be a killer for some JetStar operators and the task should really only be given to companies with proven JetStar maintenance history.

Another worthy point must be fuel burn and the rising costs of fuel. The emerging markets thirst for oil will only get bigger and it would appear that OPEC are unlikely to increase supply to match demand.

With oil at around $60/barrel - this being nearly twice what it was at the start of 2004 - you may want to consider the likelihood of ever being able to get rid of a thirsty and maintenance hungry JetStar,

You may wish to consider a lease
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Old 27th Jun 2005, 09:48
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WOW!

Really good info, many thanks.

I operated a -8 powered JetStar many years ago for a short time (for a very large newspaper company) when they were brand new, and it sure was liked by the crew and pax alike.

However, it did gulp fuel like a very big Hoover.
The Garrett engines should help in this respect.

The acft we are looking at are all RVSM/MNPS/8.33/EGPWS/FM compliant, and the pax are all high rollers, so don't mind the fuel cost...

As mentioned, tank and plank inspections can be a deal killer, so will proceed with utmost caution.

I have operated other Lockheed aircraft as well, 1649A, and of course the TriStar.
Really appreciated by the operating crew....especially.

Another short question.
What sort of range capability can be considered with this acft, using NBAA fuel reserves?

The -8 powered machine was a tad short legged.

Last edited by 411A; 27th Jun 2005 at 10:15.
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Old 27th Jun 2005, 10:16
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The tank and plank is not a killer in itself. Its defect rectification therefrom that's the killer !

The market continues to move - albeit a little slower - for these birds. You should be able to find a pearler for around US$1.4M with compliance and fresh from tank and plank. The guys up in Lake Zurich - General Aviation Services - have a couple available that might be of interest to you.

Cheers

LGW
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Old 27th Jun 2005, 10:56
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Model for sale by owner


Same one to share with owner

They estimate costs at $80,000/month for a 200 hrs/year use rate.
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