How much it costs to own and operate a IAI Astra private jet

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IAI Astra Operating Costs

Sample annual operating cost summary.
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IAI Astra Exterior

Annual Budget

The total annual budget for flying a IAI Astra private jet 200 hours per year is approximately $975,524 or $1,566,852 for flying 400 hours per year. The maximum speed of the IAI Astra is 535 mph, but with slower climb, cruise and descending speeds it is more likely to average 428 mph which would equate to an average cost per mile of approximately $11.40 at 200 hours per year. If you fly 400 hours per year, you can spread the total fixed costs over more flight hours which reduces your cost per mile to $9.15.

These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.)

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Sample Operating Budget

Costflying 200 hours/yearflying 400 hours/year
Direct Operating Costs (DOC)  
Fuel Cost @ $7.23/gal Updated to Nat'l Avg Each Week$323,904$647,808
Maintenance$132,006$264,012
Engine Overhaul$90,419$180,838
Misc Crew/Landing/Handling$40,000$80,000
Miscellaneous Variable$5,000$10,000
Total Direct Operating Costs (DOC)$591,329$1,182,657
Fixed Costs  
Crew$235,000$235,000
Crew Training$41,429$41,429
Hangar$38,789$38,789
Insurance$7,009$7,009
Jet Management$48,000$48,000
Miscellaneous Fixed$13,967$13,967
Total Fixed Costs$384,195$384,195
Total Annual Budget$975,524$1,566,852
IAI Astra Interior

How much can you save?

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