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Bonanza / Baron hourly rate

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Old 16th May 2010, 21:57
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Bonanza / Baron hourly rate

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.
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Old 17th May 2010, 08:25
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I fly a nice A36 on a no equity basis. £180/month and £230/hr wet.
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Old 17th May 2010, 13:18
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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?
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Old 17th May 2010, 15:06
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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.
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Old 17th May 2010, 15:14
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£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.
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Old 17th May 2010, 15:59
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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
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Old 17th May 2010, 16:04
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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.
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Old 17th May 2010, 16:09
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Ignoring finance costs, what would one expect, for say, 200 hrs p.a.?
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Old 17th May 2010, 16:57
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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.
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Old 17th May 2010, 17:08
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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.
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Old 17th May 2010, 17:25
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Flybymike,

At current interest rates, loss of interest on capital employed for a Bonanza probably works out at about 37p per year..
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Old 17th May 2010, 22:25
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Fair point...
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Old 18th May 2010, 08:40
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£230/hr should generate a healthy fund

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