How much it costs to own and operate a Piaggio Avanti private jet


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Piaggio Avanti Operating Costs

Sample annual operating cost summary.
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Piaggio Avanti Exterior

Annual Budget

The total annual budget for flying a Piaggio Avanti private jet 200 hours per year is approximately $668,232 or $1,018,821 for flying 400 hours per year. The maximum speed of the Piaggio Avanti is 463 mph, but with slower climb, cruise and descending speeds it is more likely to average 370 mph which would equate to an average cost per mile of approximately $9.02 at 200 hours per year. If you fly 400 hours per year, you can spread the total fixed costs over more flight hours which reduces your cost per mile to $6.88.

These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.)

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Sample Operating Budget

Costflying 200 hours/yearflying 400 hours/year
Direct Operating Costs (DOC)  
Fuel Cost @ $7.23/gal Updated to Nat'l Avg Each Week$196,656$393,312
Engine Overhaul$71,565$143,130
Misc Crew/Landing/Handling$20,000$40,000
Miscellaneous Variable$5,000$10,000
Total Direct Operating Costs (DOC)$350,589$701,178
Fixed Costs  
Crew Training$31,312$31,312
Jet Management$30,000$30,000
Miscellaneous Fixed$7,536$7,536
Total Fixed Costs$317,643$317,643
Total Annual Budget$668,232$1,018,821
Piaggio Avanti Interior

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