IAI 1123 Commodore Jet Price and Operating Costs

Specifications
The IAI 1123 Commodore Jet, manufactured from 1972-1975, requires a 2 person crew and can transport up to 7 passengers. The aircraft has a maximum operating altitude of 45,000', a normal cruise speed of 418 KTS/481 MPH, and a 1,304 NM/1,501 SM seats-full range. The IAI 1123 Commodore Jet has a 5,606' balanced field length and 3,188' landing distance. The cabin measures 04'11" high, 04'10" wide, and 15'06" long. It has a total baggage capacity of 63.00 ft^3; 09.00 ft^3 being internal and 54.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned IAI 1123 Commodore Jet is $169,000.00. A $84,500.00 loan over 120 months including $352.08 per month in interest equates to a $4,237.14 per-period payment. Based on 450 annual owner-operated hours and $5.12-per-gallon fuel cost, the IAI 1123 Commodore Jet has total variable costs of $1,980,112.50, total fixed costs of $71,215.00, and an annual budget of $2,051,327.50. This breaks down to $4,558.51 per hour.