Mooney has a example of cost per hour for all of their planes on their website and they are all in the mid 100 dollar range. Now think about adding another engine and the fact that its a BEECH!
PQ Avg. Fuel (GPH): 28.00 Fuel Costs/Gallon: 3.08 Fuel Costs/Hour: 92.05 Oil Costs per Hour: 2.23 Maintenance Cost/Hour: 60.79 Hourly Engine Reserve: 33.76 Prop T/R Reserve: 8.33 Total Variable Costs/Hour:197.14 Average Speed (MPH): 200.94 Cost/SM: 0.85 Annual Insurance: 8,283.64 Annual Hangar/Tiedown: 5,055.56 Training: 4,173.62 Total Fixed Costs: 17,512.80 Hours/Year: 221.84 Fixed Cost/Hour:86.64 Total Variable & Fixed Costs/Year:61,138.43
Total Costs/Hour:283.79
Total Cost/SM:1.35
COMPARED TO :
Operating Costs for
Mooney Ovation PQ Avg. Fuel (GPH): 14.00 Fuel Costs/Gallon: 2.37 Fuel Costs/Hour: 33.37 Oil Costs per Hour: 1.00 Maintenance Cost/Hour: 20.35 Hourly Engine Reserve: 15.32 Prop T/R Reserve: 2.00 Total Variable Costs/Hour:72.04 Average Speed (MPH): 189.73 Cost/SM: 0.36 Annual Insurance: 4,861.98 Annual Hangar/Tiedown: 3,551.86 Training: 961.28 Total Fixed Costs: 9,375.12 Hours/Year: 201.81 Fixed Cost/Hour:46.76 Total Variable & Fixed Costs/Year:24,009.46
Total Costs/Hour:118.82
Total Cost/SM:0.61
According to Planequest.com A beach baron cost more than twice as much in fixed and variable costs per year/hour than a Mooney ovation.
The question here is if its worth paying the extra $$ for it.. :drool:
I would think a Baron would actually cost about $3-400 to "operate" (considering annuals, fuel, misc maint.).
I have almost 800 hours in a Baron and NEVER averaged 28 gph, more like 32-36 (depending on length of flight, first hour always burns more for takeoff and climb).
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