How much it costs to own and operate a Challenger 601-3A private jet

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Challenger 601-3A Operating Costs

Sample annual operating cost summary.
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Challenger 601-3A Exterior

Annual Budget

The total annual budget for flying a Challenger 601-3A private jet 200 hours per year is approximately $1,258,233 or $2,004,467 for flying 400 hours per year. The maximum speed of the Challenger 601-3A is 528 mph, but with slower climb, cruise and descending speeds it is more likely to average 422 mph which would equate to an average cost per mile of approximately $14.89 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 $11.86.

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

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Cost to Purchase

How much does it cost to buy a Bombardier Challenger 601-3A? Prices range between $1,477,000 and $2,750,000 with 24 currently advertised for sale.

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Challenger 601-3A Interior

How much can you save?

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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$289,520$579,040
Maintenance$197,204$394,408
Engine Overhaul$149,510$299,020
Misc Crew/Landing/Handling$80,000$160,000
Miscellaneous Variable$30,000$60,000
Total Direct Operating Costs (DOC)$746,234$1,492,468
Fixed Costs  
Crew$285,234$285,234
Crew Training$49,417$49,417
Hangar$58,695$58,695
Insurance$12,064$12,064
Jet Management$78,000$78,000
Miscellaneous Fixed$28,589$28,589
Total Fixed Costs$511,999$511,999
Total Annual Budget$1,258,233$2,004,467