BOEING 747SP Price and Operating Costs

Specifications
The BOEING 747SP, manufactured from 1976 - 1983, requires a 2 person crew and can transport up to 331 passengers. The aircraft has a maximum operating altitude of 45,100', a normal cruise speed of 487 KTS/560 MPH, and a 7,410 NM/8,527 SM seats-full range. The BOEING 747SP has a 7,751' balanced field length and 3,994' landing distance. The cabin measures 08'04" high, 20'00" wide, and 138'09" long. It has a total baggage capacity of 6,150.00 ft^3; 150.00 ft^3 being internal and 6,000.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned BOEING 747SP is $7,500,000.00. A $3,750,000.00 loan over 120 months including $15625 per month in interest equates to a $188,038.93 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the BOEING 747SP has total variable costs of $8,165,587.50, total fixed costs of $374,150.00, and an annual budget of $8,539,737.50. This breaks down to $18,977.19 per hour.