Category Archives: aircraft costs

“Last call for boarding…”

Different Types of Aircraft

We commonly refer to aircraft as a “plane” without giving it much thought. Aircraft come in many sizes, shapes, colors and have a specific purpose. There is nothing compared to watching the graceful beauty of an airplane slowly lift to take flight into the sky.

Three Key Reference “Terms”

Aircraft: refers to the machine that gains lift from the air as it defies gravity while remaining supported.

Crew: refers to the manned means to fly the aircraft.

Aviation: refers to the activity of human resources involved in the overall operation and use of the aircraft.

What Kind of Plane is It?

Aircraft are all genuine and unique in that they are designed to serve a specific purpose. Its  purpose is taken into account when classifying the aircraft (see below.)




Carries passengers to destinations worldwide  
Cargo Carries cargo worldwide  
General Aviation



Flight instruction



●       Single Engine

●       Multi-Engine

●       Rotorcraft (Helicopter, Gyroplane)




Military operations


●     Jets

●     Cargo

●     General Aviation

●     Rotorcraft

●     Drones



Access to remote areas that require landing and taking off on water ●     Single Engine

●     Multi-Engine





Military Training

Lighter Than Air


Recreation ●     Airship

●     Balloon

Powered Parachute Recreation


●       Land

●       Sea

How Much Do Planes Cost?

Flying is not a poor man’s hobby! When purchasing an aircraft, many things must be taken into consideration, not just the mere “sticker price.”

As with owning a car, there is maintenance and insurance that come along with having that car. A plane, however, is going to be an exorbitant expense. Flying the skies does not come at a discount. A good friend of mine was looking to purchase one of his own planes to teach his kid and to use it for fun. He’d hardly have the time but it’s his dream. When he isn’t working at he just wants to be flying soaring the skies.

Here are just a few “sticker price” shockers… 

Commercial Aircraft           $50 – $87 billion or more

Small Single Engine           $30,000 – $400,000

Helicopter                          $250,000 – $1,700,000

Glider                                $20,000 – $300,000

Hot Air Balloon                   $22,000 – $50,000

The “Up-Keep” of Owning an Aircraft

Now that we have our eyes “wide open” on what an aircraft would cost to own, now let’s look at a sample of incidental expenses to own a small Multi-Engine aircraft.


Hangar Fee:                      $250 – $3,000 / month

Annual Inspection:             $1,200

Insurance:                         $1,300 / year

Misc. Maintenance:            $2,000 / year

Fuel:                                 $40 / hour while in use

Landing Fees:                   $50 / year

Engine Replacement:        $25,000 Every 1500 – 2000 hours

Propellor Replacement      $4,500 Every 1500 – 2000 hrs

Famous Owners of Aircraft

As we can see, owning an aircraft is lavishly indicative of wealth. While owning a plane is reserved for those that can afford it, many can travel via commercial air and still experience the pleasure and thrill of the flying.

Did you Know?…

  • Trump’s Personal Boeing 757 cost $100 million to build
  • Air Force One cost $660 million to build
  • The World’s Smallest Plane is 9’10” long with a wingspan of 7’2”
  • The Largest Plane in the World is the Stratolaunch. Much larger than a Boeing 747, this monstrosity weighs in at 500,000 pounds and has a wingspan longer than the length of a football field.

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