Solutions / Aircraft hourly cost
Hourly cost calculator for a co-owned aircraft
Enter the yearly fixed costs, the costs per flight hour and the planned hours: you get the cost of one flight hour and what each co-owner pays. The calculation happens in your browser: nothing is sent or saved.
Aircraft hourly cost
Result
- Cost of one flight hour, with fuel
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- Cost of one flight hour, without fuel
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- Fixed costs per year
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- Fixed costs per flight hour
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- Variable costs per flight hour
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- Yearly cost per co-owner
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- Flight hours per year per co-owner
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A rough estimate with equal shares and the planned hours: not a quote, nor tax or insurance advice. The values in the boxes are examples to replace with your own; amounts are in your currency.
How it is calculated
The cost of a flight hour is the sum of two parts: the yearly fixed costs (insurance, hangar, inspections, taxes, fees) divided by the hours flown, and the costs that only arise when you fly (fuel, oil, engine reserve, maintenance reserve). The more hours you fly, the lower the fixed cost per hour: that is why a co-owned aircraft costs less, hour by hour, than one owned by a single person.
The cost without fuel (dry) is what many groups use as an hourly rate, leaving the fuel to whoever flies; the cost with fuel (wet) includes everything.
Reserves: engine and maintenance
A reserve is money set aside for every flight hour for the work that is coming: the engine overhaul (TBO) and the scheduled or unscheduled maintenance. It is not a cost of today, but ignoring it makes the hour look cheaper than it really is. To estimate it, divide the expected cost of the work by the hours left until it is due.
Splitting the costs in the group
With equal shares everyone pays their part of the fixed costs and the hours they fly. When shares differ, or members and guests have different rates, a spreadsheet gets complicated fast: AVIOFILE calculates costs and balances between the co-owners next to flight hours and maintenance, and everybody’s balance stays up to date.
Related guides
- Aircraft costs and balances between co-ownersRecord costs, set who pays what, follow the balances between members and work out what a flight hour really costs.
- Co-ownershipAssign the shares of an aircraft, invite co-owners by email and see what happens when they accept or leave.
- Maintenance, due dates and defectsKeep the maintenance programme, check what is due, log interventions and report defects on your aircraft.