Understanding Aircraft Operation Costs with AviaCost

Aircraft operation costs encompass both fixed and variable expenses. Fixed costs include acquisition, insurance, and hangar fees, while variable costs cover fuel, maintenance, and crew salaries. For instance, the Piaggio Avanti P180's annual operating budget is approximately $1.18 million based on 325 flight hours per year, with a cost per nautical mile of $6.36 . Conversely, the Embraer Lineage 1000's annual budget reaches about $3.62 million, with a cost per nautical mile of $17.38 . Tools like AviaCost's Aircraft Ownership & Operating Costs Calculator assist operators in estimating these expenses, facilitating informed decision-making and efficient fleet management.

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