Value Comparison and Operational Costs

Direct Operating Cost

Cost CategoryBasisCost
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
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Hourly Costs

Average Flight Hours per Year200400600
Direct CostsFrom above$138.95$138.95$138.95
InsuranceEstimated at $7,000 per year$35.00$17.50$11.67
HangarEstimated 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