Again, much like maintenance of the airframe, the more an engine is used, the more wear and tear the engine will experience. Secondly, when landing at an airport, aircraft are charged a landing fee. Copyright 2023 Sandhills Global | Reproduction without expressed written consent is forbidden. With a height of 2 m, the 175 is very similar to other Embraer jets. How many private jet flights have you taken? 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 $12.96. Flight planning or any other aircraft operations should only be done using official technical information provided While exact details will vary from policy to policy, cover is generally not provided for the pilot in command or the actual aircraft. Everything You Need to Know About Renting a Private Jet. The Embraer Lineage 1000E can cruise at up to 41,000 feet. Third parties in this case include passengers, cargo and baggage. These costs do not change in relation to the number of hours the aircraft flies. This is how much extra the aircraft will cost you per flight hour. How many people do you usually travel with? Additionally, these maintenance events are in direct relation to the number of hours that the aircraft is flown. Female Pilots, CFIs, R-ATPs, and International Students. Below the table you will find an explanation of each variable. The ERJ 175 has a length of 108 feet, a width of 93 feet, and a height of 35 feet. The maximum speed of the Embraer Legacy 600 is 524 mph, but with slower climb, cruise and descending speeds it is more likely to average 419 mph which would equate to an average cost per mile of approximately $16.28 at 200 hours per year. The plane has a phenominal range of over 2000 miles, so any weight penalties shouldn't affect the aircraft's performance as long as it is within 1000 #s of original specs. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the EMBRAER ERJ-170LR has total variable costs of $2,330,001.00, total fixed costs of $245,155.00, and an annual budget of $2,575,156.00. These jets are being augmented with system refinements, new wingtips, and improved aerodynamics to make them better suited to use for longer periods of time without using as much fuel. Maximal total range:2,048 NM / 2,356 SMCruise speed:415 knots / 477 MPHAverage price:$0.00Number of passengers:50 people, Your email address will not be published. One of the biggest costs when flying by private jet is fuel. The maximum speed of the Embraer Legacy 600 is 524 mph, but with slower climb, cruise and descending speeds it is more likely to average 419 mph which would equate to an average cost per . These intervals are scheduled and depend on the manufacturers guidelines. Simply enter the number of hours per year and receive click Get Annual Budget. These costs are crew salary, crew training, hangar, insurance, management and then the additional, miscellaneous fixed costs. This is the same landing gear used for many of the Embraer E-jets, which speaks to its durability and reliability. The more hours you fly, the more fuel the aircraft burns. It also requires 18.04 m for a 180-degree turn. Flying in a Embraer 175 is generally a positive experience. A good starting place is the AOPA website Aircraft Ownership page. Therefore, the more hours flown, the quicker an engine overhaul will be required. This figure is the cost per hour that the aircraft is flown. Embraer Lineage 1000E Vs Bombardier Global 7500, Jump straight to the total cost table of the Embraer Lineage 1000E, 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. This aircraft is a low-wing, monoplane design that has a conventional tailed body. If you are interested in learning more about engine overhauls, then read this article. Are your plans likely to change or cancel within 12 hours of departure? There are a number of airlines that flyEmbraer 175, including American Airlines, United Airlines, and Delta. Use format '999-999-9999', Fuel Cost @ $7.23/gal Updated to Nat'l Avg Each Week. An aircraft management team provide all the necessary services required to fly the aircraft. This is in part because around 86% of all spare parts of this jet are common to others in the same Embraer family. The EMBRAER ERJ-170LR has a 6,288' balanced field length and 3,232' landing distance. View cookie policy. This sheet will allow a user to consider fixed and variable costs in relation to how much yearly use the aircraft will receive. Sure, there will be some days that the aircraft is away from base and at other airports. 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). Embraer 120 Brasilia Charter Rates (Per hour) One-way $3,120 - $3,822 Round-trip $2,808 - $3,440 Crew fees, landing fees, and handling fees are highly dependant on the route taken. Given the term overhaul, the event is more serious than a quick visual inspection. At Parmount Business Jets we can fullfil all your private jet chartering needs. However, in most cases aircraft spend the evenings at their home base. Note, since this is a live sheet, if multiple people are attempting to access the file at the the same time, you could end up changing numbers at the same time. The EMBRAER ERJ-170LR, production in 2001 to present, requires a two man crew and can be configured in 50 seats. These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.). This sheet will allow a user to consider fixed and variable costs in relation to how much yearly use the aircraft will receive. Like with other Embraer aircraft, this jet has tricycle-type, twin-wheeled landing gear. The aircraft has a maximum operating altitude of 37,000', a normal cruise speed of 430 KTS/495 MPH, and a 1,359 NM/1,564 SM seats-full range. What is Fractional Ownership of a Private Jet? Variable costs can be broken down into hourly chunks. The hourly charter price is the aircrafts hourly variable cost, along with factoring in fixed costs and broker fees. Storage. Achieve greater productivity and higher utilization. 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. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the EMBRAER ERJ-170LR has total variable costs of $1,697,638.50, total fixed costs of $506,932.75, and hypothetical summary cost of $2,204,571.25. Maximal total range: 1,180 NM / 1,358 SM Cruise speed: 430 knots / 495 MPH Average price: Number of passengers: 50 people. Thanks to its General Electric CF34-10E7-B engines, the Lineage 1000E has a total thrust output of 36,000 lbs. One of the key features of the 175 is that it offers such easy and fast maintenance. 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 $12.96.These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments. This program is designed to reduce fuel by 5%, helping cut costs and also save the environment. It is our mission to be the go to leaders in the aviation industry. When it comes to operating the Embraer Lineage 1000E, there are two expense categories to consider fixed costs and variable costs. Of course, this hourly variable cost is different to that of the estimated hourly charter price. However, this fee can fluctuate significantly. For take off, the 175 requires a 1261 m runway, and it requires 1259 m for landing. fitness for any purpose is made or implied. (e.g. 800-247-4890 +1-402-479-2143 [email protected] Contact Us. The crew salary is just that the annual salary of your crew members. The miscellaneous fixed costs are made up of everything that doesnt fit into the above categories. Oh My! Based on 450 hours a year and fuel cost at $4.25 per-gallon, the EMBRAER ERJ-145ER has total variable costs of $1,516,171.50, total fixed costs of $484,395.00, and hypothetical summary cost of $2,000,566.50. If you are considering purchasing an aircraft, I also encourage you to refer to some of the resources AOPA publishes. Find and Compare EMBRAER ERJ 145 for sale Also Consider. Please contact a Jet Advisors for a free consultation and estimate. This powerful commercial jet is one of the options manufactured by Embraer and designed to provide long-distance travel with comfort. This are two essential pieces of insurance for private jets. The first is liability insurance. A $0.00 loan over 10 years including $0 per month in interest equates to a $0.00 per-month payment. In order to ensure that aircraft are safe to fly they require maintenance at regular intervals. Therefore, larger aircraft have greater landing fees than smaller aircraft. Different aircraft burn different volumes of fuel per hour. Below you will then see the estimated annual budget for owning and operating the Lineage 1000E. Some of the most common competitors for the 175 include the Mitsubishi MRJ-70, as well as the Comac ARJ21. When owning a private jet there will likely be surprise costs and upgrades that occur throughout your ownership experience. Depending on numerous factors, the average price for a pre-owned EMBRAER ERJ-170LR is $9,950,000.00. The Embraer 175 is a twin-engine, medium-range jet airliner produced by Brazilian aerospace manufacturer Embraer. Of course, you want it to be somewhere safe, secure and convenient. Moreover, this is a cost that will vary depending on the size of the aircraft. In simple terms, there are two types of insurance that private jets must have. Variable costs can be broken down into hourly chunks. Additionally, smaller jets will likely only require one pilot to safely operate the aircraft. around 14,850 USD per hour. Of course, given that you own and operate the aircraft, you are responsible for the employment of the crew. What is the minimum notice before departure that you require? One of the biggest costs when flying by private jet is fuel. Therefore, you can plan around when the aircraft requires maintenance. E175 Price: US$45.7 million (2016) Performance Weights Dimensions Avionics: Honeywell Primus Epic Engine: 2x 2 X General Electrics CF34-8E Turbofan Power: 14,200 pound-force Max Cruise Speed: 480 knots 889 Km/h Approach Speed (Vref): Travel range: 2,200 Nautical Miles 4,074 Kilometers Fuel Economy: 0.65 nautical mile / gallon See below for a table of the estimated hourly variable costs when operating the Embraer Praetor 600. The total annual budget for flying a Embraer Legacy 600 private jet 200 hours per year is approximately $1,365,015 or $2,173,925 for flying 400 hours per year. Use format '[email protected]', Phone is invalid. Apply Year of Mfr. For example, the more you fly the aircraft, the more fuel it will use. Therefore, for most private jet owners a hangar is a preferable option over leaving it outside. The final value takes into account both fixed and variable costs. That is, the value of the aircraft. How often do you plan to/currently fly by private jet? Additionally, crew fees are highly dependant on the length of stay and the location. Maximum luggage capacity of 325.00 ft^3; 325.00 ft^3 being internal and N/A ft^3 being external. All these variables are proportional to the number of hours flown. Things such as the fees for charts, software and computers to manage your aircraft will be in this category. This then leads to the second part of private jet insurance hull insurance. Therefore, it is hard to given an accurate figure. It has a total baggage capacity of 500.00 ft^3; 100.00 ft^3 being internal and 400.00 ft^3 being external. Additionally, note that all values are in USD. Find out the best way for you to fly by private jet in less than 60 seconds. Therefore, the estimated variable cost for private jets is presented as an hourly figure. Again, the price of handling fees will vary depending on airport and aircraft size. The best example of a variable cost in this case is fuel use. RANGE: 1,359 NM / 1,564 SM SPEED: 430 KTS / 495 MPH PRICE: $7,995,000.00 MAX PASSENGERS: 50 people Deliveries of the Embraer Praetor 600 began in 2019, with deliveries continuing to present day. In simple terms, there are two types of insurance that private jets must have. The cabin measures 06'07" high, 09'00" wide, and 49'10" long. A Dassault Falcon 8X costs $3,803.75 per hour while a Learjet 75 is $2,172.31, and a Bombardier Challenger 850 is $3,544.71. The company estimates that the HondaJet costs $1,134.90 per hour to operate. Typical Trip in NM. There are two seats in the cockpit for the pilot and the co-pilot, providing great access to systems and controls. What is the cost per oil change (parts & labor, oil analysis)? (e.g. The cockpit has been insulated for both temperature and acoustics. And finally, handling fees go hand in hand with landing fees. These costs are explained in further detail below the table. For example, sourcing and managing pilots to making sure the aircraft is airworthy, are all tasks provided by your aircraft management company. When on the ground you will need the aircraft to be parked securely, bags unloaded and various ground services. The hourly charter price is the aircrafts hourly variable cost, along with factoring in fixed costs and broker fees. The Embraer 175 has short field capability, superior hot and high performance, and a 2,000 nm range, delivering maximum operational versatility. This figure is the cost per hour that the aircraft is flown. However, owners may also wish to consider aviation hull war insurance and crew insurance. The table below details the estimated cost of each fixed cost for the Embraer Praetor 600. Fuel costs are a significant hourly expense when operating a private jet. E175 in detail Share this aircraft Range E170 E175 E190 E195 Therefore, in the ownership cost example we assume an aircraft management company is involved. This breaks down to $4,930.12 per hour. Again, they are integral to the safe and efficient operation of your aircraft. The cabin measures 06'00" high, 06'11" wide, and 54'01" long. These costs are crew salary, crew training, hangar, insurance, management and then the additional, miscellaneous fixed costs. Therefore, this budget accounts for the unexpected. Therefore, in the ownership cost example we assume an aircraft management company is involved. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. Moreover, maintenance is scheduled based on number of hours flown. The ERJ 170 is a smaller aircraft than the ERJ 175 and can seat up to 70 passengers. This is typically chosen by owners who will be flying private jets into hazardous destinations. Aircraft management is an essential component when owning and operating a private jet. It has a wingspan of 92 feet. GlobalAir.com is your partner in connecting you with relevant information and resources. Sorry for that, but at the moment, this was the quickest way I could put this up on the website as an example or for planning purposes. The fly-by-wire technology in the cockpit, the cockpit itself, and other systems throughout the jet are common to the family, making maintenance and repair fast and easy. How many people do you usually travel with? In terms of cost, the Lineage 1000E has an estimated hourly charter price of $11,700. All data presented is for entertainment purposes and should not be used operationally. The salary of crew members is one of the most significant costs of operating an aircraft. Economically, I think the CRJ900 is better, but not by much. Hull insurance policies are agreed on a value basis. The Business Warrior An aircraft that redefines regional aircraft Answering the needs of regional airline operators who wanted an aircraft with more space, we developed the E170. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. Of course, all these services will come at a price. RANGE: 2,383 NM / 2,743 SM SPEED: 415 KTS / 478 MPH PRICE: $9,950,000.00 MAX PASSENGERS: 50 people Therefore, the more hours flown, the quicker an engine overhaul will be required. Crew fees are those that you need to pay the crew during an extended stay. Variable costs are those that change depending on the usage of the aircraft. Copyright 2023 Sandhills Global | Reproduction without expressed written consent is forbidden. 01 / 02 The average hourly rental rate of the Embraer ERJ 175 is around 14,850 USD per hour. These costs do not change in relation to the number of hours the aircraft flies. Of course, all these services will come at a price. This then leads to the second part of private jet insurance hull insurance. How much does it cost to fly: $4,445.70 per hour. Cabin specifications: 0607 cabin high, 0900 cabin wide, and 4910 cabin long. The EMBRAER ERJ-170LR has a 6,288 runway length (or runway plus clearway and/or stopway) and 3,232 actual landing distance required. This is because, per hour, charter flights cost more. Average price for used aircraft EMBRAER ERJ-170LR is $0.00. Average price for used aircraft EMBRAER ERJ-145ER is $7,995,000.00. Use the calculator below to calculate the estimated annual budget to operate the Embraer Lineage 1000E. This breaks down to $4,930.12 per hour. This is typically chosen by owners who will be flying private jets into hazardous destinations. Be somewhere safe, secure and convenient luggage capacity of 325.00 ft^3 ; 100.00 being... Embraer ERJ-170LR is $ 7,995,000.00 high performance, and International Students, given that you own and operate aircraft. By owners who will be required a cost that will vary depending on the other,! 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