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Citation V Costs




Citation V Cost

Up Front: $.800 Million - $1.75 Million
Direct: $1184 per hour
Indirect: $293,838 per year

When analyzing the cost of owning an aircraft, up-front, direct, and indirect costs must be accounted. Up- front costs are how much you may be expected to pay for an aircraft as the price of purchasing, this decreases based on number of cycles, length of service, and age of the aircraft. Direct costs are averages of how much it costs you per hour you fly. Direct costs increase with the age of the aircraft. Indirect costs are defined by how much the plane will cost regardless of flight time. This does not change normally.

Breakdown of Citation V Costs
Cost
Direct Cost
Fuel $895
Maintenance $154
Total $1,184
Annual (Fixed) Cost
Captain Salary $66,000
Co Pilot Salary $43,000
Hangar $33,000
Insurance $32,000
Misc. $58,200
Depreciation $31,438
Total $293,838


Gulfstream: A Journey Part I

Join Captain Ed Thrayes as he recounts the history of the company whose vs he has been flying for over 25 years. Learn more about early Gulfstreams including model GI and GV

Gulfstream: A Journey Part V

After the creation of their original aircraft, the company would press the limits of private aviation. Captain Thrayes continues to speak about major developments leading to the GVI and GIV

Gulfstream: A Journey Part VI

Learn the recent history and how the current model Gulfstreams were created. This includes the GV , Citation V, and new insider information on next generation aircraft!


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