AN AIRCRAFT OPERATING COSTS (AOC) REPORT IS AN IDEAL, COST-EFFECTIVE WAY TO OBTAIN ALL THE INFORMATION YOU NEED TO MAKE AN INFORMED DECISION ON PURCHASING AN AIRCRAFT, OR CONFIRMING BUDGET NUMBERS.
ARGUS Aircraft Operating Cost data is generated from our proprietary database, which contains “real life” costs that are updated continually on over 205 of the most popular turbine business aircraft. Unlike much of the other operating cost data that is available, ARGUS data gives unique insight into actual costs because it is generated from real expenditures of U.S. based operators.
Since 1995, ARGUS has maintained relationships with hundreds of U.S. flight departments and we continually track operating costs on each of their aircraft. These costs are then compiled within our database and averaged for a specific aircraft model to benchmark the “typical cost of operation”. Due to the dynamic nature of general costs, such as fuel price, insurance, and training, ARGUS conducts its own primary research to ascertain estimated industry averages. ARGUS Operating Costs Reports are extremely beneficial when purchasing, leasing, or selling an aircraft or evaluating your own.
WHAT TO EXPECT FROM THE AIRCRAFT OPERATING COST REPORT
The ARGUS Aircraft Operating Cost reports include variable cost, fixed costs, periodic costs, training and facilities costs, and more. Applicable Service Bulletins and Air Worthiness Directives are also tracked by aircraft make and model.
Priced at only $89 per report, ARGUS’ comprehensive Aircraft Operating Cost Report breaks out costs in six different categories for easy comparison and cost accounting:
Variable (Hourly) Costs- including such factors as fuel, maintenance labor, parts, engine maintenance programs, and miscellaneous trip expenses such as overnight expense, catering, supplies and landing/parking fees.
Fixed (Annual) Costs- including hull insurance, liability insurance, maintenance software programs, and other indirect services, such as memberships, navigation charts, and weather services.
Periodic Costs- consisting of Midlife/Hot-Section Inspections, engine overhauls, refurbishing the paint and interior, and average annual cost for aircraft modification, modernization and upgrades of airframe, engine and avionics.
Personnel Costs- comprising crew member salaries for your Captain, First Officer, and your maintenance technicians, adding in benefits, employer-paid payroll taxes, and administrative expenses.
Training Costs- including flight crew training, which includes initial aircraft-specific training per pilot and Cockpit Resource Management (CRM) training, as well as initial training of each maintenance and administrative personnel.
Facilities Costs- encompassing hangar and office expenses, including rent, insurance, utilities, lawn service, snow removal, janitorial service, security guards, etc. and such office expenses as supplies, postage, legal and professional services, data processing, corporate allocations, etc.