Frequently asked questions
What does the aircraft cost calculator estimate?
The calculator models the economics of ownership: direct cost per flight hour, fixed costs for crew, parking, insurance and maintenance, plus a purchase price benchmark. It lets you compare models side by side before speaking to a broker.
What makes up the cost of owning an aircraft?
Two parts. Variable costs depend on flight hours: fuel, airport and navigation fees, engine programme contributions. Fixed costs do not depend on flying: crew salaries, hangar or parking, insurance, continuing airworthiness. At low annual utilisation it is the fixed costs that drive the economics.
At what annual utilisation does buying beat chartering?
A common benchmark is 200–300 hours a year: below that threshold charter or a jet card is usually cheaper, because fixed costs are not spread over enough flying. An intermediate option is fractional ownership or placing the aircraft under commercial management to offset part of the costs.
How accurate is the calculator?
It is a benchmark for comparing models, not a commercial offer: real figures depend on the aircraft’s year, condition, base region and the terms of specific contracts. Write to us and we will prepare a precise calculation for your case.
How does a deal work: stages and timeline from deposit to handover?
The standard path takes 6–10 weeks. Step 1: a letter of intent (LOI) with price and terms — 3–5 days. Step 2: a 5–10% deposit into escrow and signing of the purchase agreement. Step 3: a pre-purchase inspection — 1–3 weeks. Step 4: rectification of findings and price adjustment. Step 5: closing — simultaneous transfer of funds, title and risk, technical acceptance and ferry of the aircraft.
What is a pre-purchase inspection and who pays for it?
A pre-purchase inspection (PPI) is an independent check at a certified centre: airframe, engines, corrosion, records and compliance with airworthiness directives. It takes from 3 days on a turboprop to 2–3 weeks on a heavy jet and costs $15–100K — paid by the buyer. By market practice the seller pays to rectify airworthiness-affecting defects. A seller refusing a PPI is grounds to walk away.
What taxes and duties apply when importing and registering an aircraft?
The import budget depends on jurisdiction. In the EU the main items are any customs duty (most business-jet codes carry reduced or zero rates) and import VAT, which varies by country of entry (for example 19–22% in much of Europe). Registration in Aruba, San Marino or the Isle of Man under operation outside the EU allows a temporary-admission regime. We produce an exact calculation before the LOI is signed — an error here costs millions.
What should you do after buying an aircraft?
After purchase the aircraft must be entered into service: choose a registry (Aruba, San Marino, Isle of Man or a national one), sign a management and maintenance contract with an operator, enrol the engines on a programme (ESP/JSSI), arrange insurance, hangar and crew, and plan the first maintenance. We support all of these steps. Send us a request — we'll prepare options, calculate running costs and analyse the best fit for your task.
How do you verify an aircraft's legal status and history before buying?
Before a deal we check: title and absence of liens or leases (a registry title search), the full maintenance history and airworthiness-directive records, the status of heavy maintenance checks and engine time remaining, any incident involvement, and compliance with export rules. We organise this review and an independent pre-purchase inspection before any funds move. Send us a request — we'll prepare options, calculate running costs and analyse the best fit for your task.
How much does it cost to run a private jet?
Running costs depend on utilisation and aircraft class. Budget for fixed and variable items:
- Crew and support staff;
- Fuel and navigation charges;
- Maintenance and insurance;
- Hangar storage and airport fees;
- Management company fee.
A light jet flying 200 hours a year typically costs from USD 700,000 annually; a long-range aircraft on the same utilisation runs into several million. We prepare a cost-of-ownership calculation for the specific aircraft before you commit, so the budget holds no surprises.