The Costs of Buying and Operating an Embraer Phenom 300 The Costs of Buying and Operating a King Air 350 Use format 'FirstName LastName, Email is invalid. The Global 5500 currently lists for US$46 million, while the Global 6500 is listed for US$56 million, Reuters reports. Note: All platforms are in production so variable cost is lower due to warranty offsets. Passenger and baggage amounts can greatly effect the performance of an aircraft since minimum runway lengths, range and speed are all effected by its weight. Please contact a Jet Advisors for a free consultation and estimate. The Bombardier Global 7500 and Global 8000 are ultra long-range business jets developed by Bombardier Aviation (formerly Bombardier Aerospace). The aircraft is operated by a crew of 3 and features the Vision Flight Deck. We added 50% more crew at 800 flight hours and double the crew expense for 1,000 hours. Fresh inspections in work at Bombardier to include 60 Month and Level IV Survey. With one of the lowest operating costs and longest maintenance intervals in its class, operators and passengers alike can get more from every flight. The average asking price for a Global 5000 is $12,995,000. © 2020 Liberty Jet Management™ All rights reserved. The maximum speed of the Global Express is 574 mph, but with slower climb, cruise and descending speeds it is more likely to average 459 mph which would equate to an average cost per mile of approximately $16.42 at 200 hours per year. Bombardier Global 5000 The Bombardier Global 5000 is a long range jet that is typically outiftted with three cabin zones and has a range of 5,200 nm. The total annual budget for flying a Global 5000 private jet 200 hours per year is approximately $1,482,697 or $2,272,015 for flying 400 hours per year. Operators of the Global 5000 can expect an average operating cost around $5,093 per hour. A good management company will have most major jet fuel cards who negotiate discounts with the fuel providers (FBO's) and will check pricing prior to landing to better manage these costs. These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.). Annual Budget. Send us your contact details below and we will send you a free evaluation. Total fuel and maintenance costs give you a combined direct hourly cost of $3,516.85. Get a FREE Consultation and Evaluation Links 2000+, CPDLC, Enhanced Vision, Synthetic Vision, Heads-Up Display, ATG-5000 Wi-Fi w/Talk & Text, … The maximum speed of the Global 5000 is 574 mph, but with slower climb, cruise and descending speeds it is more likely to average 459 mph which would equate to an average cost per mile of approximately $16.14 at 200 hours per year. All inspection estimates are based upon operating 400 … Total Fixed Costs are expenses which are required no matter how many hours you fly. The shorter the trips, the lower the turnover, training and salary you will have to pay. The industry’s most advanced engine core enhances aerodynamics for greater power and efficiency allowing the Global 5500 aircraft to … A $5,181,000.00 loan over 120 months including $21587.5 per month in interest equates to a $259,794.58 per-period payment. Based on 300 hours a year. As the chart displays, fixed costs are spread over more hours, the more you fly up to the point where additional crew will be required. The Global 5000 aircraft offers exceptional range, performance, and cabin comfort, representing the best value among long range business jets. Purchase price and associated cost to operate a Global 5000 will be dependent on the year manufactured, total time of the airframe for the Global 5000, avionics upgrades, maintenance schedule … AVAILABLE FOR SALE OR LEASE Great pedigree one owner since new. The Falcon 7X variable cost is 10.2% and 18% lower compared to the Global 5000 and Gulfstream G500, respectively. FINANCIAL: ANNUAL SUMMARY. These costs typically include crew, hangar, insurance, training and other miscelaneous expenses. Typical passenger configuration is the typical number of passengers the jet is configured to accommodate 13 passengers, however each jet will have a custom configuration to accommodate an owners specific needs and will therefore vary. Internal baggage capa… These costs typically... Breakdown of Fixed Costs. Maintenance on the Global is $1,211.85 per hour, on average, including $320.00 for the airframe and $891.85 for the engine/APU. Much like an insurance plan, you pay into a pool each hour you fly and when maintenance is required, it is paid out of that pool. The aircraft has been in production since 2005 and there have been approximately 226 aircraft produced. Do you tend to travel out and back the same day, or spend extended periods of time away from home? The price of a Bombardier Global 5000 is between US$25.00 and US$50.40 million for 2016 – 2020 models, the last 5 years of production, according to AircraftBluebook. Looking to place your Global 5000 for sale, or looking towards a Global 5000 acquisition. 13 Passengers 11:45 Hours 195 ft … Some high density locations offer shared hangar space which is offered on a first come-first served basis and is a good option for those who will be away from home base often. The unit price of the Global 5000 is $50.44 million. Performance. The total annual budget for flying a Global Express private jet 200 hours per year is approximately $1,508,296 or $2,340,969 for flying 400 hours per year. Global 6000 Direct Hourly Costs. Bombardier Global 5000 were produced from 2016 to 2020. Dassault Falcon 7X USD $12,995,000. Some aircraft types will have maintenace programs in place for more predictable costs. If you plan to place your aircraft on a charter certificate, they may have minimum number of hours in total and in type. In the fall of 2001 Bombardier announced the Global 5000. Announced in October 2010, the program was delayed by two years by a wing redesign. The Global 5000 provides seating for up to 16 passengers in the pressurized flat floor cabin. Aircraft Operating Costs. Get Insurance Operating Costs Apply for Financing. The Falcon 7X has the lowest variable cost ($2,901/hr) compared to the Global 5000 ($3,197/hr) and Gulfstream G500 ($3,423/hr). Lower fees can also be obtained by relocating to less populated areas and ferrying the aircraft back and forth which will increase the number of flight hours and maintenance cycles. Fuel prices will vary greatly while the aircraft is away from home base and will depend on how much competition there is at each airport. This will include fees for things such as charts, software and computers to manage your jet. Market Depreciation ($): Total Fixed Costs: $757,677. Total Fixed Costs are expenses which are required no matter how many hours you fly. Engine Reserves: $582. Total Cost of Operation: $1,892,202 )In the market to buy, sell or manage a jet you own? Featured Listing. If you are further along in the aircraft buying process, our comprehensive aircraft operating cost reports are the perfect companion in your … Operating Costs Operating Costs Ratios for Bombardier Global 5000. This breaks down to $5,613.12 per hour. Unsave Save. Overview. Some questions to ask yourself before committing to a crew budget: There are two primary companies who provide crew training and both offer discounts for large fleet operators. This jet remains in production today, and there is currently a total of 67 Global 5000… Fuel Cost (at $5.00 per gallon): $2,035. Compare the fixed costs, variable cost, and performance of Bombardier Global 5000 to over 500 jets, turboprops, helicopters and piston aircraft, with accurate data from Conklin & de Decker. Miscellaneous: $554. Please contact a Jet Advisors for a free consultation and estimate. 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 $12.37.These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments. Most engine types have programs much like an insurance plan, you pay into a pool each hour you fly and when engine is ready for an overhaul, it is paid out of that pool. Most owners purchase the majority of their fuel at their home base airport which is why the selection of a hangar an important component in managing costs. How long are your trips away from home base? This 13-passenger Jet from Bombardier has a range of 5001-6000 nm. 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