Mitsubishi Solitaire

Operating Costs:

Variable Costs (Per /Hr):

Fuel Cost: $642

Maintenance Labor: $240

Parts: $614

Maintenance Programs: $584

Misc. Trip Cost: $1,112

Total Variable Cost (Per/ Hr): $2,952

Annual Fixed Costs:

Insurance:

Liability And Hull: $25,980

Maintenance Software: $12,500

Misc. Services: $18,525

Periodic Costs:

Modernization: $18,125

Training Costs:

Flight Crew Training: $31,252

Maint. Tech Training: $7,548

Facilities Costs:

Hangar/Office Lease Expense: $28,511

Misc Office Expense: $9,075

Personnel Costs:

Pilots: $221,400

Technician: $30,000

Contractors: $25,000

Total Annual Cost: (Annual Fixed Costs + Variable Costs * Hours Flown): $1,165,804