BOEING 737-700 Price and Operating Costs

Specifications
The BOEING 737-700, manufactured from 1997 - to present, requires a 2 person crew and can transport up to 140 passengers. The aircraft has a maximum operating altitude of 41,000', a normal cruise speed of 453 KTS/521 MPH, and a 3,902 NM/4,490 SM seats-full range. The BOEING 737-700 has a 6,532' balanced field length and 3,398' landing distance. The cabin measures 07'04" high, 11'08" wide, and 79'00" long. It has a total baggage capacity of 1,230.00 ft^3; 1,125.00 ft^3 being internal and 105.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned BOEING 737-700 is $22,500,000.00. A $11,250,000.00 loan over 120 months including $46875 per month in interest equates to a $564,116.79 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the BOEING 737-700 has total variable costs of $2,389,747.50, total fixed costs of $732,745.00, and an annual budget of $3,122,492.50. This breaks down to $6,938.87 per hour.