Alarus - Standard Aircraft Operating Cost

Alarus Operating Cost

900 HRS/YEAR

600 HRS/YEAR

400 HRS/YEAR

AVG. 2.46 Hrs.

AVG. 1.64 Hrs.

AVG. 1.09 Hrs.

FUEL
OIL
ENGINE
INSP.
PARTS
INSURANCE

PER DAY

PER DAY

PER DAY

Gallons per hr.

5.5 gal

Price/ gal.

$3.00

Fuel cost per hour

$16.50

Fuel cost per day

           

$40.59

$27.06

$17.99

Oil-quarts/hr.

0.35

Price/oil quart

$3.45

Oil cost per hour

$1.20

Oil cost per day

           

$2.95

$1.97

$1.31

TBO time Engine

2400hrs.

TBO Cost

$11,500

TBO cost per hour

$4.79

TBO cost per day

           

$11.78

$7.86

$5.22

Inspect. Frequency

100hr.

Avg. Inspection length

7 hr.

Labor cost per hour

$55.00

Inspection cost
per hour

$3.85

Inspection cost
per day

     

$9.47

$6.31

$4.20

Parts price per inspection

$120.00

Parts price per hour

$1.20

Parts price per day

$2.95

$1.97

$1.31

Insurance cost
per year

$8,500.00

Insurance cost
per day

$9.44

$14.17

$21.25

Total Direct Costs
per day

$77.18

$69.34

$51.28

Hourly Cost of Aircraft Operations

$31.37

$42.28

$47.04


Flight School Rental Fee (wet)

$75.00

$75.00

$75.00

Net Revenue per hour (Rental Fee minus Hourly Cost)

$43.63

$32.72

$27.96

Annual income (Net Revenue X HRS/YEAR)

$39,267.00

$19,650.00

$11,184.00

Flight School Rental Fee

$80.00

$80.00

$80.00

Net Revenue per hour

$48.63

$37.72

$32.96

Annual income

$43,767.00

$22,632.00

$13,184.00

Flight School Rental Fee

$85.00

$85.00

$85.00

Net Revenue per hour

$53.63

$42.72

$37.96

Annual income

$48,267.00

$25,632.00

$15,184.00

Financing:

10% down. Balance is $115,000.00. When Amortized over  20yrs at 6.5% fixed, monthly payment is $870.00.

Yearly total is less than $10,500.00.

Alarus

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