Ovation2 GX


Value Comparison and Operational Costs

Direct Operational Costs

Cost Category Basis Cost
Fuel Cost 16 gal per hr @ $3.65 per gal $58.40
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) $22,000 at 2,000 hours $11.00
TOTAL DIRECT COSTS

(1) Based on $65.00/hr labor plus $5.00/hr for parts
(2) Teledyne Continental recommended TBO
$110.40


Image

Hourly Costs

Average Flight Hours per Year 200 400 600
Direct Costs From above $110.40 $110.40 $110.40
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 $182.90 $146.65 $134.57