Aircraft Operating Costs
Thread Starter
Joined: May 2002
Posts: 278
Likes: 0
From: Euroland
Aircraft Operating Costs
Hi there,
I've been provided with these numbers from Cirrus SR-20 and would like to get some comparisons of the real operating costs from Cirrus or other aircraft owners (different models okay, just looking at Cirrus)
1. Direct costs/hr
Fuel £40.67
Oil £0.80
Scheduled Maintenance £9.03
Unscheduled Maintenance £2.10
Engine Provision £5.62
Per hour £58.22
2. Indirect Costs/annual
Parking £1,200.00
Insurance £3,150.00
Maintenance £1,500.00
Propeller Inspection£125.00
CAA FEE £185.00
Total £6,160.00
Assumptions
Fuel cost/ltr £0.98 Fuel Burn Lt 41.5
Oil cost/lt £3.20 $=£ 1.85
Maint cost Labour £42.00 per man hr
Parts £1.50 per flt hr
How does this compare to actuals or for other a/c?
VORTIME
I've been provided with these numbers from Cirrus SR-20 and would like to get some comparisons of the real operating costs from Cirrus or other aircraft owners (different models okay, just looking at Cirrus)
1. Direct costs/hr
Fuel £40.67
Oil £0.80
Scheduled Maintenance £9.03
Unscheduled Maintenance £2.10
Engine Provision £5.62
Per hour £58.22
2. Indirect Costs/annual
Parking £1,200.00
Insurance £3,150.00
Maintenance £1,500.00
Propeller Inspection£125.00
CAA FEE £185.00
Total £6,160.00
Assumptions
Fuel cost/ltr £0.98 Fuel Burn Lt 41.5
Oil cost/lt £3.20 $=£ 1.85
Maint cost Labour £42.00 per man hr
Parts £1.50 per flt hr
How does this compare to actuals or for other a/c?
VORTIME

Joined: Jun 2003
Posts: 13,787
Likes: 0
From: EuroGA.org
For a new plane in that class, sounds reasonable. Comments:
Fuel has gone up a bit.
Prop fund £3/hour.
Parking at £1200 likely assumes grass, outdoors. This will depreciate any nice plane rapidly. You will be better off spending £3000/year plus on hangarage; you will get that money back on "unscheduled" avionics maintenance alone.
The insurance seems OK for a few named pilots, hull value £150k+, zero claim record over a few years.
A TB20 would be very similar.
Once a plane goes past say 10 years, the "unscheduled" costs will rocket. But then you saved a bit when buying it in the first place, so you have plenty in the bank to pay for repairs
Basically, that is the deal in new v. old.
Fuel has gone up a bit.
Prop fund £3/hour.
Parking at £1200 likely assumes grass, outdoors. This will depreciate any nice plane rapidly. You will be better off spending £3000/year plus on hangarage; you will get that money back on "unscheduled" avionics maintenance alone.
The insurance seems OK for a few named pilots, hull value £150k+, zero claim record over a few years.
A TB20 would be very similar.
Once a plane goes past say 10 years, the "unscheduled" costs will rocket. But then you saved a bit when buying it in the first place, so you have plenty in the bank to pay for repairs
Basically, that is the deal in new v. old.

Joined: Feb 2002
Posts: 375
Likes: 0
From: london uk
IO540, i relocated to the north near York and we pay only £85/month for hangerage
and its a shiney new one, the old one is full
Nice club and superb scenery. Only draw back is the 145Nm to LAM before your on track for a Euro jaint, unless you fancy 200Nm water crossing
not on one engine!
and its a shiney new one, the old one is full
not on one engine!

Joined: Jun 2003
Posts: 13,787
Likes: 0
From: EuroGA.org
Yes but you are somewhere way up norff where the sun doesn't shine very much 
£300/month plus plus is the going rate for hangarage at any airfield in the "far south". Even that doesn't cover the ground rent and council tax on the floorspace used.

£300/month plus plus is the going rate for hangarage at any airfield in the "far south". Even that doesn't cover the ground rent and council tax on the floorspace used.




