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Bombardier challenger 3507/25/2023 ![]() While exact details will vary from policy to policy, cover is generally not provided for the pilot in command or the actual aircraft. Third parties in this case include passengers, cargo and baggage. This provides cover against loss, damage or injury to third parties. In simple terms, there are two types of insurance that private jets must have. The hourly charter price is the aircraft’s hourly variable cost, along with factoring in fixed costs and broker fees. This is because, per hour, charter flights cost more. Of course, this hourly variable cost is different to that of the estimated hourly charter price. Therefore, the estimated hourly variable rate for operating the Bombardier Challenger 350 is $2,633. This is how much extra the aircraft will cost you per flight hour. Therefore, the estimated variable cost for private jets is presented as an hourly figure. Therefore, flying 500 hours per year will result in variable costs 10 times greater than if you were to fly 50 hours per year. See this to learn about private jet fuel costs.Ĭlearly, the more you fly the aircraft, the more fuel it will use. One of the biggest costs when flying by private jet is fuel. The best example of a variable cost in this case is fuel use. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. The estimated annual fixed cost for operating the Challenger 350 is $556,843. So, therefore, whether you fly the aircraft 50 hours per year or 500 hours, the fixed costs will remain the same. These costs do not change in relation to the number of hours the aircraft flies. Whether the aircraft flies or not has no effect on fixed costs. When it comes to operating the Bombardier Challenger 350, there are two expense categories to consider – fixed costs and variable costs.įixed costs are those that you pay no matter what. Jump straight to the total cost table of the Bombardier Challenger 350. Furthermore, back when deliveries of the Bombardier Challenger 350 began, the list price for a new example was $26 million. In terms of cost, the Challenger 350 has an estimated hourly charter price of $4,950. Thanks to its Honeywell HTF7350 engines, the Challenger 350 has a total thrust output of 14,646 lbs. Additionally, the Challenger 350 has an average hourly fuel burn of 330 Gallons per Hour (GPH). The Bombardier Challenger 350 can cruise at up to 45,000 feet. ![]() However, when configured for the fastest cruise speed, the Challenger 350 can maintain a cruise speed of 448 knots. When in its optimum configuration, the Bombardier Challenger 350 can cruise non-stop for up to 3,200 nautical miles (3,682 miles / 5,926 km). The Challenger 350 can accommodate up to 10 passengers, with a maximum baggage capacity of 106 cubic feet. 390 Challenger 350 aircraft are currently in active service. What is Fractional Ownership of a Private Jet?ĭeliveries of the Bombardier Challenger 350 began in 2014, with deliveries continuing to today.Everything You Need to Know About Renting a Private Jet. ![]()
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