Operating a Challenger 350 for 200 flight hours per year results in a total annual cost of approximately $1,253,226. This includes fixed costs of $556,843, covering essential expenses such as crew salaries, insurance, scheduled maintenance, and hangar fees to ensure continuous operational readiness. Variable costs amount to $696,384, driven by fuel consumption, routine inspections, and other flight-dependent expenses required to maintain peak performance. With an hourly operating cost of $3,482, the Challenger 350 offers a balance of range, efficiency, and cabin comfort, making it a reliable choice for corporate and private travel.
Chartering the Challenger 350 for an additional 200 hours per year can generate additional revenue while offsetting operational costs. With an hourly operating cost of $3,482 and a charter rate of $5,500 per hour, the total revenue generated from 200 charter hours would amount to $1,100,000. After covering the additional operating expenses of $696,384, the net charter revenue contribution would be approximately $403,616. Integrating charter operations into an ownership strategy can enhance financial efficiency while maintaining optimal aircraft utilization for business and private missions.
