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

Loading

Got a question? 800-879-2345

Challenger 650 Operating Costs

Sample annual operating cost summary.
Change Jet Type:
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.)

In the market to buy, sell or manage a jet you own? Please contact a Jet Advisors for a free consultation and estimate. Liberty Jet offers Jet Management, Private Jet Cards and Private Jet Charter services.

Challenger 650 Interior

How much can you save?

Get a FREE Consultation and Evaluation Own a Jet? Liberty Jet can save you thousands each year. Send us your contact details below and we will send you a free evaluation. See our Jet Management sample proposal to see how much you can save.

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
Maintenance$72,066$144,133
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$307,542$307,542
Crew Training$65,375$65,375
Hangar$50,015$50,015
Insurance$28,968$28,968
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