In this article, we’ll look at the costs of owning a private helicopter, what you should know, additional fees to consider, and potential cost-cutting techniques. We’ll look at the costs of purchasing a helicopter outright, the costs of leasing, and why a shared ownership arrangement might be beneficial.
What costs should I factor in?
The cost of owning a private helicopter varies greatly depending on the aircraft’s make and model, as well as the features that are included. However, you can expect to pay around $1,000 per hour on average for the use of a private helicopter.
This price will typically include fuel, maintenance, and insurance costs and is generally less expensive than purchasing a helicopter outright because most users will not need one idle for the majority of the day.
When owning a private helicopter, you should also be aware of some additional fees. These are some examples:
Helicopter Hanger Price
Renting hangar space for your helicopter can be expensive depending on the size and location of the hangar. On average, hangar space costs between $100 and $200 per month.
Cost of the pilot
If you do not intend to fly the helicopter yourself, you must hire a pilot. Depending on their level of experience, pilots typically charge between $100 and $300 per hour. If you live in an unpopulated area, you may have a more difficult time finding a pilot, so you will have to pay a higher price.
Helicopter Fuel prices
Aviation kerosene, also known as QAV-1, is a fuel used by airplanes and helicopters equipped with turbine engines, such as pure jets, turboprops or turbofans. The thermal stability of our kerosene ensures the performance of the aircraft.
Fuel prices vary depending on where you live, but they typically range between $5 and $10 per gallon. You must also consider any additional fuel costs that may occur during long flights or when flying in more remote areas.
Helicopter Maintenance Cost
Helicopters require regular maintenance to remain in good working order. The cost of this maintenance varies according to the make and model of your helicopter, but is usually between $1,000 and $3,000 per year.
Insurance fee
Private helicopter insurance can be quite expensive, especially for high-end helicopters. Insurance coverage typically costs between $5,000 and $10,000 per year.
As a result, the annual cost of owning a private helicopter can range from $15,000 to $40,000 on average.
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