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Sovereign

The inside of an airplane with leather seats.

General Information

Start Model Year: 2004

End Model Year: 2013

Fleet Size: 343

Engine Count: 2

Typical Passengers: 9

Model Class: Jet - Midsize

Up to - Passengers: 12

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Performance

Range: 2,620

Max Cruising Speed: 459

Ceiling (feet): 43,000

Take off Distance (feet): 3,750

Landing Distance (feet): 2,320

A large jetliner sitting on top of an airport runway.

Dimensions

AIRCRAFT DIMENSION

Tail height (feet): 20.3

Wing span (feet): 63.3

Length (feet): 63.5

Max Takeoff Weight (lbs.): 30,300

CABIN DIMENSION

Height (feet): 5.7

Width (feet): 5.5

Length (feet): 25.3

Cabin Zones: 2

Cabin Diagrams

FLOOR PLAN

CABIN CROSS SECTION

Current Market

Ask Price Min: $5095000

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Ask Price Max: $9295000

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Model Year Min: 2004

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Model Year Max: 2012

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Total Time Min (hours): 133

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Total Time Max (hours): 14,635

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% of Fleet for Sale: 9%

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# For Sale: 31

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Technical Information

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Engine Manufacturer: Pratt & Whitney Canada

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Engine Model: PW306C

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Hourly Rate /engine: $380

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Overhaul Interval (hours): 6,000

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Overhaul Cost: $6000000

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Mid Life Interval: 3,000

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Mid Life Cost: $1000000

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Typical Avionics Suite: Honeywell Primus Epic 4 Tube

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APU Model: Honeywell RE100

Financial Value

Based on 300 hours a year

FINANCIAL: ANNUAL FIXED COSTS

Crew: $408000

Hangar: $66200

Hull Insurance: $10793

Liability Insurance: $35000

Miscellaneous: $8000

Annual Amount: $527993

FINANCIAL: VARIABLE HOURLY COSTS

Fuel Consumption (gallons per hour): $281

Fuel Cost (at $5.00 per gallon): $1765

Maintenance: $1220

Engine Reserves: $880

Miscellaneous: $240

Total Cost / Per Hour: $4104

FINANCIAL: ANNUAL SUMMARY

Typical Purchase Price: $7195000

Market Depreciation (%): 9%

Market Depreciation ($): $647550

Total Fixed Costs: $527993

Total Variable Costs: $1231404

Total Cost of Operation: $2406947

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Ready to buy or sell?

Timing is critical. It is imperative to buy shares when prices are at their lowest and sell them when prices are at their highest.
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