Piper Meridian Price and Operating Costs

Piper Meridian Specifications

The piper Meridian, manufactured from 1999 - 2015, requires a 1 person crew and can transport up to 5 passengers. The aircraft has a maximum operating altitude of 30,000', a normal cruise speed of 261   KTS   /   301   MPH, and a 476 NM/548 SM seats-full range. The piper Meridian has a 1,950' balanced field length and 1,489' landing distance. The cabin measures 03'10" high, 04'02" wide, and 12'03" long. It has a total baggage capacity of 20.00 ft^3; 20.00 ft^3 being internal and 00.00 ft^3 being external.

Piper Meridian Pricing

Depending on numerous factors, the average price for a pre-owned piper Meridian is $1,500,000. A $750,000 loan over 120 months including $3,125 per month in interest equates to a $37,608 per - period payment. Based on 450 annual owner - operated hours and $6 - per - GAL fuel cost, the piper Meridian has total variable costs of $414,423, total fixed costs of $196,188, and an annual budget of $610,611 .This breaks down to $1,357 per hour.