Aircraft Operating Costs Per Hour and Aircraft comparisons, Aircraft Performance Data and Other Aircraft Information Aircraft Operating Cost -PIPER quick links Main Menu Pricing used in the vertical axis is as published in Vref. It leads the piston pack with an impressive 213 ktas cruising speed, as well as the ability to cruise up to 25,000 ft in pressurized comfort. While this is true, there are some familiar expenses that can be planned. Fuel cost per hour: (36.0 gallons/hr @ $5.40/gal) $194.40. The field in this study includes Quest’s Kodiak 100 which started delivering in 2008. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the PIPER Meridian has total variable costs of $274,725.00, total fixed costs of $133,133.00, and an annual budget of $407,858.00. Operating Costs . This breaks down to $909.26 per hour. Piper Meridian The Piper Meridian is a single engine turboprop that is typically outiftted with one cabin zone and has a range of 490 nm. The number of aircraft in-operation- the percentage “For Sale”- and the average monthly number “Sold” over the past 12 months are from JETNET.As shown- the Meridian averages 15 aircraft sales per month over the past 12 months. Also- the Meridian cabin width dimensions are slightly smaller than the Kodiak 100 aircraft- as shown in the Chart A cross-section that is illustrated by the UPCAST JETBOOK. phone +1 905-477-0107. Some aircraft types will have maintenace programs in place for more predictable costs. Passenger and baggage amounts can greatly effect the performance of an aircraft since minimum runway lengths, range and speed are all effected by its weight. Premium Listing. Designed at the outset for owner-operators stepping up from single engine piston airplanes- the Meridian has built-in features that aim to minimize pilot workload and maximize flying enjoyment.The Meridian also offers a gross weight increase modification- which is the result of adding vortex generators and re-certifying the stall speed. Call for price. Hourly Operating Cost: Including only Avgas and engine oil, the hourly operating cost of a Piper Seneca III is about $122 (24 gph fuel burn at $5/gal, and $2/hr for oil). ACC assumes NBAA IFR fuel reserve calculation for a 200 nautical mile alternate (100 nm for turboprops). 2008 PIPER MERIDIAN. The Meridian Piper’s Sole Turboprop Gets Down to Business. Aircraft Operating Costs Per Hour and Aircraft comparisons, Aircraft Performance Data and Other Aircraft Information Aircraft Operating Cost -PIPER quick links Main Menu Chart D- sourced from the Multi-dimensional Economic Evaluators (MEE) Inc.- (www.meevaluators.com)- presents a Value and Demand chart for the Meridian and Kodiak 100 Turboprop aircraft. Michael Chase owns Chase & Associates, an aviation consulting firm specialized in industry product and market research in the Commercial & Business Aviation sectors. Premium Listing. The current pre-owned market for these turboprop aircraft shows 46 aircraft ‘For Sale’. ... Aviation’s Most Powerful Operating Cost Analytics Tool In A Single App The operating costs of business jets and turboprops are detailed by category, variable cost per hour, seats, maximum takeoff weight, range, maximum cruise speed, and engine information. Welcome to the Piper M500. For the second year, AOPA Pilot is making Conklin and de Decker’s aircraft operating cost comparison available to those shopping for business jets; new this year are the costs of turboprops. 21. 2002 PIPER MERIDIAN - Specifications, Performance, Operating cost, Valuation, Brokers - planephd.com Toggle navigation )Chart B- which details ‘Cost per Mile’- compares the Meridian to its competition factoring direct costs and with both aircraft flying a 600nm mission with 800 pounds (four passengers) payload. These costs typically include crew, hangar, insurance, training and other miscelaneous expenses. See Table C.Table D depicts an example of using the MACRS schedule for a 2014 Piper Meridian in private (Part 91) and charter (Part 135) operations over five and seven-year periods assuming a Vref retail value of $2.2 million.Range ComparisonChart E shows the circle ranges from Kansas- USA- for the business jets in this field of study- as sourced from Aircraft Cost Calculator. Considering our 100 hour-per-year average, that’s $12,200. What level of experience will you require for your pilot and copilot? Turboprop Aircraft. phone +1 905-477-0107. Designers have dreamed of fielding single-engine turboprops for years. As we have mentioned in past articles- a potential operator should focus on payload capability. The Kodiak 100 is a 10-place single-engine turboprop utility airplane- designed for Short Take-Off and Landing (STOL) use and offering float capability.Brief HistoryIn 1997- Piper announced its intention to market a pressurized turboprop-powered version of the piston-powered Malibu- and flew a prototype the following year naming it the Meridian. There are other qualities such as airport performance- terminal area performance- and time to climb performance that might factor in a buying decision- too- that are beyond the scope of this article.The Meridian aircraft fares well against its competition- so those operators in the market should find the preceding comparison of value. Insurance costs will vary by type and amount of coverage, size of fleet and other factors. Productivity can be defined (and it is here) as the multiple of three factors:1. Range with full payload and available fuel;2. Seller Information. All AD's, All SB's, all work completed at Piper Service Centre; This is a Turn Key Meridian and a Hassle Free Aircraft! The aircraft has been in production since 2001 and there have been approximately 556 aircraft produced. Premium Listing. Phone: (509) 521-5900. Total Fixed Costs are expenses which are required no matter how many hours you fly. Oil cost per hour: $0.00. Now equipped with Garmin G1000 NXi, the M500 steps to the front of the line with the latest avionics innovations and connectivity capabilities. The Piper M350 is the only current production pressurized piston-engine aircraft available today. Certification was achieved in September 2000 and deliveries began in November.Changes were made to the airframe to allow for turboprop power including larger wings and tail surfaces- and the Meridian has one pilot and 5 passenger seats in a pressurized cabin with the maximum flight ceiling operating level being 30-000 feet. This breaks down to $906.35 per hour. The shorter the trips, the lower the turnover, training and salary you will have to pay. The aircraft has a maximum operating altitude of 25,000', a normal cruise speed of 201 KTS/231 MPH, and a 470 NM/541 SM seats-full range. Call for price. The Meridian Piper’s Sole Turboprop Gets Down to Business. My Saved Listings Updated: Mon, Dec 07, 2020 11:53 AM. Example, if your cost for 5 employees is $200, his cost will be about $500. This Piper Meridian is one of the best on the market. The PIPER Cheyenne IIIA has a 3,997' balanced field length and 2,736' landing distance. In a direct comparison to the Kodiak 100 model- although the Meridian has considerably smaller cabin volume and available payload with maximum fuel- it costs about one-third less to operate per mile and has a slightly smaller variable cost per hour- while offering much greater speed (262 ktas vs. 154 ktas).The Meridian offers less range but comes at a higher retail price ($223k more- according to Vref). Average hourly rate including fixed and variable costs based on the number of annual flight hours. 2008 PIPER MERIDIAN. 2006 Piper Meridian, 1747 Hours SNEW, Avidyne Glass Panel including Dual 10.4" PFDs and EX5000 MFD, Dual Garmin GTN650 Touch-Screen Navigators, S-TEC Magic... More Info Airmart - Robert Sutherlin The aircraft has been in production since 2001 and there have been approximately 556 aircraft produced. Get Insurance Operating Costs Apply for Financing. The M500 combines jet-fueled performance, with state-of-the-art technology and safety features, and stylish, elegant luxury. The PIPER Cheyenne IIXL has a 4,387' balanced field length and 2,673' landing distance. Passenger and baggage amounts can greatly effect the performance of an aircraft since minimum runway lengths, range and speed are all effected by its weight.Typical passenger configuration is the typical number of passengers the jet is configured to accommodate 5 passengers, however each jet will have a custom configuration to accommodate an owners specific needs and will therefore vary. 2008 PIPER MERIDIAN. Some high density locations offer shared hangar space which is offered on a first come-first served basis and is a good option for those who will be away from home base often. Jet A fuel cost used from our source publications was $6.08 per gallon at press time for the August 2013 edition- so for the sake of comparison we’ll chart the numbers as published. Most engine types have programs much like an insurance plan, you pay into a pool each hour you fly and when engine is ready for an overhaul, it is paid out of that pool. Some questions to ask yourself before committing to a crew budget: There are two primary companies who provide crew training and both offer discounts for large fleet operators. Turboprops | Turboprop Aircraft. 2013 PIPER MERIDIAN. Twitter Facebook Pinterest LinkedIn Email Reddit WhatsApp. The PIPER Cheyenne III has a 4,065' balanced field length and 3,065' landing distance. Performance . How long are your trips away from home base? The PIPER Malibu Mirage G1000, manufactured from 1989 - to present, requires a 1 person crew and can transport up to 5 passengers. Turboprop Aircraft. That means it is operated significantly below capacity. As a matter of fact, the Meridian is nearly $1 million less to purchase and 30% less to operate than its nearest single engine turbo prop competitor. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the PIPER M500 has total variable costs of $277,200.00, total fixed costs of $131,969.00, and an annual budget of $409,169.00. Piper’s current pressurized PA-46—the M350—is well north of $1 million. Piper PA-46R-350T Matrix . That means it is operated significantly below capacity. Designers have dreamed of fielding single-engine turboprops for years. The aircraft has a maximum operating altitude of 35,000', a normal cruise speed of 275 KTS/316 MPH, and a 972 NM/1,119 SM seats-full range. The total variable cost for the Meridian at $428 per hour is slightly less expensive to operate compared to the Kodiak 100 at $431 per hour.Retail InformationTable B shows the relative retail prices from Vref for each aircraft. PA-46-500TP aircrafts pdf manual download. NEXT. A Piper Meridian with 6 adults with and bags sounds kind of heavy too. I created the PDF below to help prospective PA46 owners forecast costs. Do you tend to travel out and back the same day, or spend extended periods of time away from home? Misc: landing, parking, supplies, catering, etc. If you plan to place your aircraft on a charter certificate, they may have minimum number of hours in total and in type. By comparison- the Kodiak 100 aircraft also operates a single Pratt & Whitney Canada engine (PT6A-34 model)- offering more output at 750 shp.Cost Per Mile ComparisonsUsing data published in the May 2014 B&CA Planning and Purchasing Handbook and the August 2013 B&CA Operations Planning Guide we will compare our aircraft. My usual response is, “it depends on a bunch of factors”. Make An Offer. The tried-and-true PT6A-42A turbine engine with 500 SHP and the impressive Garmin G1000 NXi Avionics Suite with the GFC 700 Autopilot come together to set a new standard for capability and value. Piper’s Meridian is the most recent entry into the certified uniturbine market, a good idea that was finally born in 2001. Yet Piper prospered with the Malibu because of its capabilities and luxury. There is a lot less wear and tear and there are fewer failures between 3,600-hour overhauls, which cost an average of $200,000. Check with your insurance provider to see what types of requirements they may have. Piston: Specifications The PIPER M350, manufactured from 2015-Present, requires a 1 person crew and can transport up to 5 passengers. The Value Equation states that each vehicle loses $86-200 for every year since it was built (with a standard error of $71-300). Actually he can charge you for 1/2 of the prorated expenses of the trip. $43.61 These costs are highly dependant on the routes you fly. A management company with similar jets on certificate has more flexibility in scheduling crew from one jet to another. How does the performance of the Piper Meridian stand up against Quest's Kodiak 100? Teaming the reliability of a jet engine with the thrust of a prop is, in many respects, an aeronautical engineer’s dream. With nearly 550 units sold- how does the Meridian measure with its competition?We’ll consider the usual productivity parameters - payload/range- speed and cabin size- and cover current and future market values. Financial Calculator. fholbert August 15, 2009, 4:16pm #6. ymkg: Well, I can go commercial and pay for my four employees to go with me (having to stop at Hartsfield). The aircraft has a maximum operating altitude of 25,000', a normal cruise speed of 203 KTS/233 MPH, and a 113 NM/130 SM seats-full range. For the second year, AOPA Pilot is making Conklin and de Decker’s aircraft operating cost comparison available to those shopping for business jets; new this year are the costs of turboprops. Quest Kodiak |. phone +1 905-477-0107. Most owners purchase the majority of their fuel at their home base airport which is why the selection of a hangar an important component in managing costs. The PIPER Cheyenne IIXL, manufactured from 1981 - 1984, requires a 2 person crew and can transport up to 5 passengers. Get Aircraft Operating Cost Reports Now. Aircraft used in common or contract carriage (e.g.- Part 135) are depreciable under seven-year MACRS. Financial Calculator. On the surface, propjets seem to offer the best of everything—if at a price. Performance, with state-of-the-art technology and safety features, and stylish, elegant luxury to manage jet... Sign up for free aircraft sales alerts and digital aviation magazines now more difficult to manage your.. 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