Fixed costs are those that you pay no matter what. Find N160GG 1997 LEARJET 60 on Aircraft.com. Own a Jet? The storage of a private jet when not in use is important to consider. This article is a recounting of the history of Gulfstream. However, larger aircraft will require at least two crew, sometimes three for a longer flight. Only after a signed agreement to perform services for the estimate price provided will a quote be held as binding to the owner/operator and/or Spectra Jet, however, a quote provides only a figure estimated for work requested, additional charges may be incurred before, during or after that work has been started. 300hr & 600 hr c/w July 2011 Fresh 12 Year Inspection May 1, 2009, Next due 2021 All Inspections performed by Personal Jet / FXE. As a result, the hangar cost stated is a general average for the aircraft type. However, a general rule of thumb is that the larger the aircraft, the greater the hourly fuel consumption. Bombardier Learjet 40 Ownership & Operating Costs. The total annual budget for flying a Lear 60 private jet 200 hours per year is approximately $925,898 or $1,469,510 for flying 400 hours per year. Third parties in this case include passengers, cargo and baggage. 12 Year Inspection c/w May 2017: Phase C c/w July 2021: Phase D c/w July 2017: Exterior. Keeping aircraft type ratings valid and ensuring that crew members maintain their high standards is key. Crew insurance allows pilots and crew members to be provided with an enhanced employee benefit package. Pilot training will cost you $39,975.00 for the year. Below the table you will find an explanation of each variable. Aircraft Summary General Year 1994 Manufacturer LEARJET Model 60 Serial Number 60-046 Condition Used Description Engines on Full Warranty Coverage Can Be Delivered with UNS 1Ew FMS's 12 Year Inspection c/w 2019 Airframe Total Time 9467 Total Landings 6553 Engine Program Engine Maintenance Program JSSI Engine 1 Engine 1 Time 9014 Where are you going to leave your multi-million dollar aircraft when it isnt in the sky? The Learjet 60 is powered by two Pratt & Whitney Canada PW305A turbofan engines, each flat-rated to 4,600 pounds of thrust to +17 C. This flat-rating leaves plenty of temperature margin for maintaining rated takeoff thrust under hot and high conditions and reduces the thermal stress on the engine for increased reliability. The estimated annual fixed cost for operating the Learjet 60 is $382,287. To hangar a Lear 60, you'll likely pay $34,125.00 for the year. Fill out the form below and one of our experts will get back to you as soon as possible! From routine inspections to redesigned interiors, weve got you covered. Things such as the fees for charts, software and computers to manage your aircraft will be in this category. 2009 LEARJET 60XR Jet Aircraft Price: USD $6,000,000 Payments as low as USD $38,340.00 / monthly* Aircraft Location: Stuart, Florida Serial Number: 60-361 Registration #: N61WG Total Time: 2,700 Total Landings: 1,908 Additional Equipment: Airshow/Monitors Airshow 400 Wi-Fi L3 Advanced Wi-Fi Other Features DVD Player FDR Equipped Fully. This is how much extra the aircraft will cost you per flight hour. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. Jump straight to the total cost table of the Bombardier Learjet 60XR. Additionally, larger aircraft require more crew. When owning a private jet there will likely be surprise costs and upgrades that occur throughout your ownership experience. Full Capabilities of all major scheduled airframe inspections, 12 Year/6,000 Landing Airframe Inspections, 12,000-Hour wing de-mate & 20,000-Hour Inspections, 20,000 Hour Primary Flight Control Replacement Inspection, Flap Airworthiness Directive (AD) 2018-19-04, Installation of Raisbeck ZR Lite Performance Systems, Aft Fuselage Lockers and Avcon Delta Fins, Avionics RVSM certification, FAR 91.411/91.413 recertification, APU All phases of maintenance and inspections. Message*: We can perform all inspections from300 hour A inspections up to 12 year and 12,000 hour inspections. According to some operators, these changes in maintenance have lowered costs by as much as 50% in some models, making them very welcome developments for Learjet owners. The small half-lavatory of the 55 series is replaced by a full-size aft lavatory on the Learjet 60 and a larger galley is found on the forward starboard sidewall opposite the entry door. Maximal total range:2,131 NM / 2,455 SMCruise speed:436 knots / 502 MPHAverage price:$1,150,000.00Number of passengers:7 people, Your email address will not be published. Every fuel panel from the wing is removed and inspected, and depending on the model of the Lear, an engine removal may also be necessary. In terms of fixed costs, the crew salary is a significant one. There are further parties involved. The final value takes into account both fixed and variable costs. Your aircraft management team will typically perform the following tasks: Additionally, your aircraft management team will likely provide many more small activities in order to ensure a smooth operation of the aircraft. Therefore, you could get away with just pilot. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. Prices today are around $1,895,000 with 18 currently advertised for sale. 4,800 and 9,600 Hour Inspections. Additionally, it is a cost that fluctuates significantly depending on region, aircraft type and certification requirements. 2003 LEARJET 60 Jet Aircraft Price:USD $3,675,000 Payments as low as USD $23,483.25 / monthly* Aircraft Location:Fort Lauderdale, Florida Serial Number:0270 Registration #:N79SC Total Time:2,098 Total Landings:1,258 Additional Equipment:Special Edition SE Package Triple Rotor Brakes Exterior Notes:Overall white with green and gold accent stripes. A $979,650.00 loan over 10 years including $4081.88 per month in interest equates to a $49,123.29 per-month payment. Only after a signed agreement to perform services for the estimate price provided will a quote be held as binding to the owner/operator and/or Spectra Jet, however, a quote provides only a figure estimated for work requested, additional charges may be incurred before, during or after that work has been started. Name*: Direct costs increase with the age of the aircraft. Direct costs are averages of how much it costs you per hour you fly. What is your primary motivation for flying by private jet? When in its optimum configuration, the Bombardier Learjet 60 can cruise non-stop for up to 2,310 nautical miles (2,658 miles / 4,278 km). The cabin is three inches wider than that of the 55C and is 43 inches longer by virtue of the fuselage stretch. At Haggan Aviation, our Flight Safety and factory-trained maintenance personnel have over 275 years of combined maintenance experience. Use the calculator below to calculate the estimated annual budget to operate the Bombardier Learjet 60. For example, most light jets are certified for single pilot use. Of course, the amount of fuel that the aircraft burns per hour will vary greatly depending on its average hourly consumption, measure in Gallons per Hour (GPH). This does not change normally. How much does it cost to fly: $3,036.83 per hour. Constant Aviation offers industry leading knowledge and experience, delivering world-class service on the Bombardier Learjet 40, 45, and 60 airframes. When analyzing the cost of owning an aircraft, up-front, direct, and indirect costs must be accounted. . Our designs have been winning awards for years, and we offer a three-year warranty on our interior workmanship. The first is liability insurance. These intervals are scheduled and depend on the manufacturers guidelines. When on the ground you will need the aircraft to be parked securely, bags unloaded and various ground services. How much does it cost to buy a Bombardier Lear 60? The Bombardier Learjet 60 can cruise at up to 51,000 feet. Refurbished in 2017. Find 1993 LEARJET 60 with serial number 002 on Aircraft.com. Of course, there are many factors that will affect the total price of your aircraft management fee. One of the biggest costs when flying by private jet is fuel. Interested in operating costs? View Bombardier Lear 60 private jets for sale. While exact details will vary from policy to policy, cover is generally not provided for the pilot in command or the actual aircraft. Consequently, the crew salary is just that the amount you pay your crew. Will you be flying at peak times? This breaks down to $4,220.70 per hour. Prices today are around $1,895,000 with 18 currently advertised for sale. Miscellaneous variable costs are very similar to the miscellaneous fixed costs. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the LEARJET 60 has total variable costs of $1,046,587.50, total fixed costs of $319,988.00, and hypothetical summary cost of $1,366,575.50. Hull insurance policies are agreed on a value basis. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. How many private jet flights have you taken? An aircraft management team provide all the necessary services required to fly the aircraft. As you were browsing something about your browser made us think you were a bot. Therefore, in the ownership cost example we assume an aircraft management company is involved. Gulfstream G650ER over Bombardier Global 7500). Additionally, a flight attendant may be required. We specialize in inspections, maintenance, repairs and modifications, parts and component overhaul as well as interior refurbishments and exterior paint modifications. Flying 450 Hours per Year + 200 Charter Hours. (e.g. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the LEARJET 60 has total variable costs of $1,046,587.50, total fixed costs of $319,988.00, and hypothetical summary cost of $1,366,575.50. 2008 LEARJET 60XR Jet Aircraft Serial Number329 Total Time3,897.16 Exterior NotesTitanium Silver With Black Stripes Done 12/2022 Hot Section Time 1 220 Luxury Aero Collection Scottsdale, Arizona Phone:(850) 508-1157 Aircraft Location:Scottsdale, Arizona Price:Call for price Inquire About Financing View Details Email SellerVideo Chat 12,000 Hour and 12 Year Inspections. Our mechanics also inspect time change items such as: fuel hoses, hydraulic hoses, emergency air hoses, wing flap holds, aileron bolts, etc. One of the biggest costs when flying by private jet is fuel. (* is required). No matter how well you plan and budget, there will always be some unexpected costs involved. Learjet 60 Costs Learjet 60 Learjet 60 interior Learjet 60 performance Learjet 60 cost Learjet 60 cockpit Learjet 60 specs Learjet 60 Cost Up Front: $1.5 Milion - $4 Million Direct: $1,414 per hour Indirect: $424,918 per year When analyzing the cost of owning an aircraft, up-front, direct, and indirect costs must be accounted. Liberty Jet offers Jet Management, Private Jet Cards and Private Jet Charter services. Indirect costs are defined by how much the plane will cost regardless of flight time. Submit, Up Front: $1.5 Milion - $4 Million And finally, handling fees go hand in hand with landing fees. If you fly 400 hours per year, you can spread the total fixed costs over more flight hours which reduces your cost per mile to $8.73. According to aircraftcostcalculator.com, the total annual budget for a Learjet 75 flying 450 hours per year is $1,639,408. The total annual budget for flying a Lear 60 private jet 200 hours per year is approximately $925,898 or $1,469,510 for flying 400 hours per year. With 21 Years in Business, We Are a Trusted Solution for Your Repair Needs. There are five factors that we have built into the hourly variable cost figure. 6000 Landing Inspection (labor) - $6,973.00 6000 Landing Inspection (NDT) - $5,368.00 12 Year Inspection (labor only) (x-rays Extra) - $60,984.00 12,000 Hour Inspection (labor only) (x-rays extra) - $52,158.00 Engine Change CJ610 (doesn't include engine overhaul/work) - $4,319.00 Secondly, when landing at an airport, aircraft are charged a landing fee. The Learjet 60 can accommodate up to 7 passengers, with a maximum baggage capacity of 55 cubic feet. Different aircraft burn different volumes of fuel per hour. When it comes to operating the Bombardier Learjet 60, there are two expense categories to consider fixed costs and variable costs. Jump straight to the total cost table of the Bombardier Learjet 60, Read this article to learn more about how much private jet fuel costs, Or read this article to see the different fuel burn figures for all private jets. For example, if you were to regularly fly out of La Guardia airport, New York, the cost of landing fees would be greater than if you regularly flew from Wichita National Airport. Maintenance, repairs and modifications, parts and component overhaul as well as interior refurbishments and Exterior paint modifications with. Paint modifications costs you per hour you fly different aircraft burn different volumes fuel! Policies are agreed on a value basis this article is a significant.! Well you plan and budget, there will always be some unexpected involved., private jet Charter services combined maintenance experience liberty jet offers jet,... Jet Cards and private jet is fuel inspections from300 hour a inspections up to 51,000 feet Phase D July! 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