Operating a Praetor 500 for 200 flight hours per year results in a total annual cost of approximately $1,100,000. This includes fixed costs of $491,000, covering essential expenses such as crew salaries, insurance, scheduled maintenance, and hangar fees to ensure continuous operational readiness. Variable costs amount to $609,000, driven by fuel consumption, routine inspections, and other flight-dependent expenses required to maintain peak performance. With an hourly operating cost of $3,008, the Praetor 500 delivers a combination of efficiency, range, and passenger comfort, making it a highly capable aircraft for business and private aviation.
Chartering the Praetor 500 for an additional 200 hours per year can generate significant revenue while offsetting operational costs. With an hourly operating cost of $3,008 and a charter rate of $4,500 per hour, the total revenue generated from 200 charter hours would amount to $900,000. After covering the additional operating expenses of $609,000, the net charter revenue contribution would be approximately $291,000.
