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Value Comparison and Operational Costs |
Direct Operating Cost
| Cost Category | Basis | Cost | | Fuel Cost
| 23 gal per hr @ $3.65 per gal | $83.95 | | Oil | $7.00 per quart every 7 hours | $1.00 | | General Maintenance (1) | 1/2 of an hour per flight hour | $40.00 | | Engine Overhaul (2) | $28,000 at 2,000 hours | $14.00 | TOTAL DIRECT COSTS
(1) Based on $65.00/hr labor plus $5.00/hr for parts (2) Teledyne Continental recommended TBO | $138.95 |
Hourly Costs
| Average Flight Hours per Year | 200 | 400 | 600 | | Direct Costs | From above | $138.95 | $138.95 | $138.95 | | Insurance | Estimated at $7,000 per year | $35.00 | $17.50 | $11.67 | | Hangar | Estimated at $6,000 per year | $30.00 | $15.00 | $10.00 | | Training, Charts, misc. | Estimated at $1,500 per year | $7.50 | $3.75 | $2.50 | | TOTAL COSTS | $211.40 | $175.20 | $163.12 |
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