BE200 Operating Costs
What do you reckon it would cost per hour (net of VAT) to operate a N reg BE200 around Europe single pilot for 300h per year including fuel, maint, insurance, engines, airport/airway fees and a full-time pilot?
Thanks in advance! |
You would not be able to work this out unless you knew how many landings and approaches you were to undertake within those 300 hours my friend! Also, value and age of aircraft plays a role - has a bearing on maintenance and insurance costs.
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Average flight time of 1.5h, so say 200 approachs/landings year and a early 1980s BE200 with mid-life engines, possibly on some kind of maintenance programme.
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You should be OK at around budget US$850 per hour but this excludes any allowance for return on capital investment.
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Is that for operating around Europe out of the UK? Seems very low, i was told that the fuel alone would be £300/h! I was figuring £750/h net for 300h/year including all the operating costs.
I'm neither going to be flying or managing the aircraft as i don't have the credentials or experience but have been asked to look into the costs for a company that's considering buying such an aircraft for staff travel. |
Off the top of my head,
Fixed Costs Insurance £23,000 Hangar £14000 (depends where) Crew (inc recurrency and initial) £46,000 Variables£280 fuel £70 Eurocontrol £17 snags £105 engines £69 Airframe and avionics Annual budget of £50k for 200 Landings / Handlings Overall approx £235,000 all inc for 300 hours / 200 landings Add hotels and finance / ROCE, take off depreciation. Phil |
That's the average cost across the US. It's close enough. I also ecluded fuel as price varies around the patch. You can work on 425 litres per hour as a block consumption. Fuel price around £4.60 per litre?
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Phil is spot on. Around £800 per hour wet, insured & maintained.
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That fuel price seems a bit steep!!
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Thanks Phil and Jetpark, i wasn't too far off then. Fuel's not £4.60 per litre here YET!
What's ROCE Phil? YS, I was guesstimating about 600L/h @ approx £0.50/L for a BE200. |
ROCE Return on capital employed, basically the opportunity cost of having the cash in a high interest account, or the repayments if the aircraft is financed.
Phil |
Thanks, fair point to consider!
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£0.50 per litre for jet fuel? Bit light, I'd say. It's over 70p plenty of places this week. If you don't have an AOC you will have to pay taxes/duties all over Europe as well.
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Fuel burn for 1.5 hr sectors should be about 1200lbs, I've worked on .63 litre, with some padding for any away from base uplifts, the Kingair will tanker a lot of fuel on 1.5 hour sectors.
Phil |
Phil, excuse me, 46000 for crew, including Initial and recurrent???
How much is a initial these days? 15000 USD? How many "Cheap" FAA guys are around waiting for a full time SH job in a KA? Rest of the numbers sound reasonable. Try to get a Raisbecked airplane. Be very careful during prebuy, cycle limited parts such as turbine discs etc. have given quite a few people a headache. (soory if tell you the obvious...) |
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