Operation costs
Provided by Scott Libby
Canadian General Aircraft
June 20, 2000 |
| Operating |
Cost |
Analysis/Estimates |
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| Aircraft Type: |
DC-3 |
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| Value: US$ |
$150,000 |
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| Operating Costs: |
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Principle & |
Interest Costs: |
|
Engine Bank Time (each)
|
$25.00
|
|
Interest rate/year |
10%
|
|
| Fuel (US gal/hr) |
$72.00 |
|
Payment Factor/mth |
0.02125 |
|
| Fuel (cost/USG) |
$4.00 |
|
Amort. Period (Yrs) |
5 |
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* Interest/month |
$687.50 |
|
| Lubricants (qt/hr) |
$2.00 |
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Capital/month |
$2,500.00 |
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| Lubricant (cost/qt) |
$3.50 |
|
Total P & I
/month |
$3,187.50 |
|
| Labour/flight ratio |
3 hrs
labour/flying hr |
|
*( Interest paid lowers and principle paid raises in later years)
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| Labour Rate/hr |
$23.00 |
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| Fixed Costs Per Year: |
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| Insurance (% of value) |
$18,000.00 |
|
12% of value
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| Miscellaneous |
$0.00 |
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| Crew Wages |
$70,000.00 |
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| Hangar/Parking |
$0.00 |
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| Training |
$0.00 |
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| Total Yearly Fixed Costs |
$88,000.00 |
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HOURS OF FLIGHT PER YEAR:
|
1 |
500 |
700 |
800 |
900 |
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| Variable Cost Per Hour: |
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| Oil |
$7.00 |
$3,500 |
$4,900 |
$5,600 |
$6,300 |
| Fuel |
$288.00 |
$144,000 |
$201,600 |
$230,400 |
$259,200 |
| Engine Reserves (both) |
$50.00 |
$25,000 |
$35,000 |
$40,000 |
$45,000 |
| Maintenance - Labour |
$69.00 |
$34,500 |
$48,300 |
$55,200 |
$62,100 |
| Maintenance - Parts |
$78.00 |
$39,000 |
$54,600 |
$62,400 |
$70,200 |
Props/
Avionics/
Miscellaneous
|
$3.00 |
$1,500 |
$2,100 |
$2,400 |
$2,700 |
| Total Variable Costs |
$495.00 |
$247,500.00 |
$346,500.00 |
$396,000.00 |
$445,500.00 |
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| Annual Expense Summary: |
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| Variable $/hr |
$495.00 |
$247,500.00 |
$346,500.00 |
$396,000.00 |
$445,500.00 |
| Fixed costs/yr |
|
$88,000.00 |
$88,000.00 |
$88,000.00 |
$88,000.00 |
| Principle & interest/yr |
|
$38,250.00 |
$38,250.00 |
$38,250.00 |
$38,250.00 |
| Total Expenses |
|
$373,750.00 |
$472,750.00 |
$522,250.00 |
$571,750.00 |
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| Cost/Hour Flown |
|
$747.50 |
$675.36 |
$652.81 |
$635.28 |
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| Weights: |
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| Gross weight |
26900 |
(Cost per lb based on weight/hourly operation costs) |
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| Operating E.W. |
18300 |
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| Full payload-2hr rnge |
6000 |
0.12 |
$0.11 |
$0.11 |
$0.11 |
| Cost/lb with full fuel |
4700 |
0.16 |
$0.14 |
$0.14 |
$0.14 |
NOTE: Variables to check for validity in your particular operation are fuel costs, interest rate, labour rates, etc.
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