How much it costs to own and operate a Challenger 650 private jet


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Challenger 650 Operating Costs

Sample annual operating cost summary.
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Challenger 650 Exterior

Annual Budget

The total annual budget for flying a Challenger 650 private jet 200 hours per year is approximately $1,148,576 or $1,738,856 for flying 400 hours per year. The maximum speed of the Challenger 650 is 541 mph, but with slower climb, cruise and descending speeds it is more likely to average 433 mph which would equate to an average cost per mile of approximately $13.27 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 $10.04.

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

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Challenger 650 Interior

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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$315,040$630,080
Engine Overhaul$93,174$186,348
Misc Crew/Landing/Handling$80,000$160,000
Miscellaneous Variable$30,000$60,000
Total Direct Operating Costs (DOC)$590,281$1,180,561
Fixed Costs  
Crew Training$65,375$65,375
Jet Management$78,000$78,000
Miscellaneous Fixed$28,396$28,396
Total Fixed Costs$558,295$558,295
Total Annual Budget$1,148,576$1,738,856