How much it costs to own and operate a Falcon 8X private jet

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Falcon 8X Operating Costs

Sample annual operating cost summary.
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Falcon 8X Exterior

Annual Budget

The total annual budget for flying a Falcon 8X private jet 200 hours per year is approximately $1,306,965 or $1,946,343 for flying 400 hours per year. The maximum speed of the Falcon 8X is 547 mph, but with slower climb, cruise and descending speeds it is more likely to average 438 mph which would equate to an average cost per mile of approximately $14.93 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 $11.12.

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$320,320$640,640
Maintenance$70,990$141,980
Engine Overhaul$138,068$276,136
Misc Crew/Landing/Handling$80,000$160,000
Miscellaneous Variable$30,000$60,000
Total Direct Operating Costs (DOC)$639,378$1,278,756
Fixed Costs  
Crew$344,551$344,551
Crew Training$91,818$91,818
Hangar$79,398$79,398
Insurance$45,116$45,116
Jet Management$78,000$78,000
Miscellaneous Fixed$28,704$28,704
Total Fixed Costs$667,587$667,587
Total Annual Budget$1,306,965$1,946,343
Falcon 8X Interior

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