• Economics

    Economics

    Economics

ECLIPSE 550 OPERATING ECONOMICS

Twin-engine performance - single engine economics

As you know, private aviation is more than just moving a team of people from point to point. It is about saving time and money, creating more hours in the day during which your team can perform. A private aircraft is a business tool that allows your company to get more done in less time. It is about efficiency.

 

 

There are many aircraft to choose from, but there is only one that is defined by its efficiency: the Eclipse 550 twin-engine jet. In a joint study conducted by GAMA and NBAA, it was reported that 70% of all general aviation flights were less than 750 nautical miles and carried three or fewer passengers. This typical mission fits the Eclipse Jet perfectly. When you fly privately, why burn an excessive amount of fuel to fly with empty seats? Why not fit the tool that you use to the job at hand?

We invite you to consider the Eclipse 550 as your personal jet aircraft. Contact Us to learn more.

 

Stage Length (NM) Altitude (FT) Block Speed (KT) Cruise Speed (KT)
300 30,000 319 371
500 35,000 331 369
700 37,000 334 363
1000 41,000 327 346
Stage Length (NM) Altitude (FT) Block Speed (KT) Cruise Speed (KT)
300 30,000 84 83
500 35,000 73 69
700 37,000 68 63
1000 41,000 58 51
Inspection
Inspection Rate
24 mo / 300 hr Airframe $8,250
48 mo / 1,200 hr Airframe $10,300
Above 2 Inspections at Same Time $13,300 (discontinued $5,250)
48 mo Fuel Tank Internal $5,400
12 mo / 300 hr Engine $775
6 mo System Start and Battery Capacity $395
12 mo ELT 91.207 $146
12 mo Fire Extinguisher $49
Engine Reserves
Cumulative Engine Hours Rate (2 Engines)
0-1,000 Total Hours $205.45
1,001 Total Hours and Up $228.70
Year 1 Year 2 Year 3 Year 4 Year 5
Fuel ($5.60 per US Gallon) $414.40 $414.40 $414.40 $414.40 $414.40
Labor ($98.00 shop rate) $24.50 $39.20 $49.00 $52.92 $52.92
Parts $24 $55.56 $55.56 $55.56 $55.56
Engine Reserves $205.45 $205.45 $205.45 $205.45 $228.70
Total Direct Cost/hr $668.35 $714.70 $724.50 $751.67 $751.67
Cost per nm (331 kt block speed) $2.02 $2.17 $2.19 $2.27 $2.27
Year 1 Year 2 Year 3 Year 4 Year 5
Hangar Rental ($1,000/month) $12,000 $12,000 $12,000 $12,000 $12,000
Hull Insurance (.37 or $2.15MM) $12,127 $12,127 $12,127 $12,127 $12,127
Liability & Medical Insurance $3,000 $3,000 $3,000 $3,000 $3,000
War Risk (Hull & Liability) $780 $780 $780 $780 $780
Initial / Recurrent Pilot Training $0 $7,840 $7,840 $7,840 $7,840
Total Fixed Cost per Year $27,907 $35,747 $35,747 $35,747 $35,747
Year 1 Year 2 Year 3 Year 4 Year 5
Direct Cost (400 hrs) $267,340 $285,880 $289,800 $300,668 $300,668
Fixed Cost $27,907 $35,747 $35,747 $35,747 $35,747
Total Annual Cost $295,247 $321,627 $325,547 $336,415 $336,415
$/nm (132,400 nm) $2.23 $2.43 $2.46 $2.54 $2.54