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Global 7500 Operating Costs

Sample annual operating cost summary.

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Annual Budget

The total annual budget for flying a Global 7500 private jet 200 hours per year is approximately $2,081,470 or $3,110,984 for flying 400 hours per year. The maximum speed of the Global 7500 is 708 mph, but with slower climb, cruise and descending speeds it is more likely to average 566 mph which would equate to an average cost per mile of approximately $18.37 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 $13.73.

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

Cost	flying 200 hours/year	flying 400 hours/year
Direct Operating Costs (DOC)
Fuel Cost @ $7.23/gal Updated to Nat'l Avg Each Week	$663,714	$1,327,428
Maintenance	$45,800	$91,600
Engine Overhaul	$210,000	$420,000
Misc Crew/Landing/Handling	$80,000	$160,000
Miscellaneous Variable	$30,000	$60,000
Total Direct Operating Costs (DOC)	$1,029,514	$2,059,028
Fixed Costs
Crew	$628,956	$628,956
Crew Training	$100,000	$100,000
Hangar	$135,000	$135,000
Insurance	$45,000	$45,000
Jet Management	$78,000	$78,000
Miscellaneous Fixed	$65,000	$65,000
Total Fixed Costs	$1,051,956	$1,051,956
Total Annual Budget	$2,081,470	$3,110,984

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