Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. The best example of a variable cost in this case is fuel use. One of the biggest costs when flying by private jet is fuel.
See this to learn about private jet fuel costs. Clearly, the more you fly the aircraft, the more fuel it will use. Therefore, flying hours per year will result in variable costs 10 times greater than if you were to fly 50 hours per year. Therefore, the estimated variable cost for private jets is presented as an hourly figure. This is how much extra the aircraft will cost you per flight hour.
Of course, this hourly variable cost is different to that of the estimated hourly charter price. This is because, per hour, charter flights cost more.
There are further parties involved. When it comes to fixed costs, there are six criteria that have been identified as the biggest contributors to the annual cost of operation.
These costs are crew salary, crew training, hangar, insurance, management and then the additional, miscellaneous fixed costs. The crew salary is just that — the annual salary of your crew members. Of course, given that you own and operate the aircraft, you are responsible for the employment of the crew.
Therefore, this is a significant cost as you will be hiring talented and professional crew members. Moreover, this is a cost that will vary depending on the size of the aircraft. Generally speaking, crew for larger aircraft costs more than crew for smaller aircraft.
Additionally, smaller jets will likely only require one pilot to safely operate the aircraft. However, larger aircraft will require at least two pilots.
Additional crew members may include a relief pilot and flight attendant. Having well trained crew members is important. Again, they are integral to the safe and efficient operation of your aircraft.
Keeping aircraft type ratings valid and ensuring that crew members maintain their high standards is key. Of course, you want it to be somewhere safe, secure and convenient. Therefore, for most private jet owners a hangar is a preferable option over leaving it outside.
Naturally, there are many factors that will influence the annual cost of hangarage. Factors such as aircraft size, airport location and service amenities will all impact the cost. As a result, the hangar cost stated is a general average for the aircraft type. However, this fee can fluctuate significantly. The first is liability insurance. This provides cover against loss, damage or injury to third parties.
Third parties in this case include passengers, cargo and baggage. While exact details will vary from policy to policy, cover is generally not provided for the pilot in command or the actual aircraft.
This then leads to the second part of private jet insurance — hull insurance. Hull insurance policies are agreed on a value basis. That is, the value of the aircraft. Therefore, in the event of a total loss, insurers will pay the agreed value as opposed to the current market value. This are two essential pieces of insurance for private jets. The cabin of the Gulfstream G features both sleeping and seating configurations. For maximum passenger accommodation, the cabin of this private business jet can be arranged to seat as many as nineteen.
In a maximum sleeping passenger arrangement, the cabin may be configured to accommodate ten passengers. Sixteen 28 inches by At a cruising altitude of 41, feet, the Gulfstream G is capable of maintaining a cabin altitude of just 3, feet. In addition to this impressive capability, this private business jet replenishes percent fresh air every two minutes for passenger comfort.
In addition to the extra-large oval windows, the G includes such luxurious amenities such as extra-high air pressure to ease jet lag, and polished wood tables and trim. The G also provides the latest in in-cabin technology. With the G cabin control app, downloadable from the Apple iTunes store, passengers can control cabin features such as shades and temperature, as well as being able to get flight information such as flight time remaining and outside temperature.
This allows passengers to feel as if they are breathing air at no more than 4, feet, versus the 8, feet of a typical business jet cabin. This results in passengers feeling less tired after flights and arriving at their destination refreshed, mentally alert, and ready to conquer the world.
Each engine is rated for 16, pounds of takeoff thrust. The range of the G spans an impressive 7, nautical miles, allowing for many destination options for your business venture. With a maximum certified altitude of 51, feet, the G is capable of delivering you to your destination while flying above most aviation traffic. This EVS system can be routed to a heads up display HUD , allowing the pilot to view data on a transparent screen without looking down at the instruments.
The Synthetic Vision system takes three-dimensional color images of terrain, obstacles, and the runway environment by utilizing the instrument readings on the primary flight display PFD , allowing the pilot to much more easily visualize both potential obstructions and landing approaches. Additionally, Gulfstream outfitted the G with a redundant computer-controlled fly by wire system. This system provides small adjustment inputs, allowing for a smoother flight and more enjoyable experience for passengers.
With a top speed of mph Mach 0. Even with these impressive performance figures, the amenity-laden cabin may be where this speedy bird really shines. Picture Credits: Gulfstream. Charter Quote. Then, in Gulfstream added an enhanced range version, the GER, capable of non-stop legs of up to 7,nm — thanks to an increase in fuel capacity. Capable of a 7,nm range, the G will feature more fuel-efficient Rolls-Royce Pearl engines, a longer cabin, and the ultra-modern Symmetry flight deck technology that is used in the newly generation G and G jets.
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