HAWKER 700 Price and Operating Costs

Specifications
The HAWKER 700, manufactured from 1977-1984, requires a 2 person crew and can transport up to 8 passengers. The aircraft has a maximum operating altitude of 41,000', a normal cruise speed of 420 KTS/484 MPH, and a 2,228 NM/2,564 SM seats-full range. The HAWKER 700 has a 6,654' balanced field length and 2,800' landing distance. The cabin measures 05'09" high, 06'00" wide, and 21'04" long. It has a total baggage capacity of 40.00 ft^3; 40.00 ft^3 being internal and 00.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned HAWKER 700 is $490,000.00. A $245,000.00 loan over 120 months including $1020.83 per month in interest equates to a $12,285.21 per-period payment. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the HAWKER 700 has total variable costs of $1,593,409.50, total fixed costs of $502,059.00, and an annual budget of $2,095,468.50. This breaks down to $4,656.60 per hour.