How much it costs to own and operate a The Boeing Business Jet 1 private jet

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The Boeing Business Jet 1 Operating Costs

Sample annual operating cost summary.
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The Boeing Business Jet 1 Exterior

Annual Budget

The total annual budget for flying a The Boeing Business Jet 1 private jet 200 hours per year is approximately $1,989,970 or $3,139,970 for flying 400 hours per year. The maximum speed of the The Boeing Business Jet 1 is 540 mph, but with slower climb, cruise and descending speeds it is more likely to average 432 mph which would equate to an average cost per mile of approximately $23.03 at 200 hours per year. If you fly 400 hours per year, you can spread the total fixed costs over more flight hours which reduces your cost per mile to $18.17.

These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.)

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Sample Operating Budget

Costflying 200 hours/yearflying 400 hours/year
Direct Operating Costs (DOC)  
Fuel Cost @ $4.40/gal Updated to Nat'l Avg Each Week$708,400$1,416,800
Maintenance$191,600$383,200
Engine Overhaul$140,000$280,000
Misc Crew/Landing/Handling$80,000$160,000
Miscellaneous Variable$30,000$60,000
Total Direct Operating Costs (DOC)$1,150,000$2,300,000
Fixed Costs  
Crew$349,000$349,000
Crew Training$105,581$105,581
Hangar$149,808$149,808
Insurance$92,581$92,581
Jet Management$78,000$78,000
Miscellaneous Fixed$65,000$65,000
Total Fixed Costs$839,970$839,970
Total Annual Budget$1,989,970$3,139,970
The Boeing Business Jet 1 Interior

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