BAE Jetstream S31/32 Price and Operating Costs

The BAE Jetstream S31/32 is a twin-turboprop regional airliner renowned for its reliability, efficiency, and versatility. Designed to accommodate 19 passengers, this aircraft is a popular choice for short-haul regional operations. In this comprehensive analysis, we will explore the price and operating costs of the BAE Jetstream S31/32, providing a detailed breakdown of expenses associated with acquiring and maintaining this aircraft.

Acquisition Cost of the BAE Jetstream S31/32

When considering the purchase of a BAE Jetstream S31/32, it is crucial to account for the initial acquisition cost. The price of a used Jetstream S31/32 varies depending on factors such as the aircraft’s age, total flight hours, maintenance history, and overall condition.

• Market Price Range: The average market price for a pre-owned BAE Jetstream S31/32 typically falls between $500,000 and $1.5 million. This range can fluctuate based on the aforementioned factors, with older models or those requiring significant maintenance generally priced on the lower end, while well-maintained, lower-hour aircraft command higher prices.

• Inspection and Documentation: Before finalizing a purchase, a thorough pre-purchase inspection is recommended to assess the aircraft’s condition. This inspection, along with the review of maintenance records, can cost between $10,000 and $30,000. Ensuring that the aircraft has a complete and up-to-date logbook is critical, as any gaps in documentation can negatively impact the value of the aircraft.

Operating Costs of the BAE Jetstream S31/32

Operating an aircraft involves several ongoing expenses. The following sections will detail the primary components of the operating costs for the BAE Jetstream S31/32, including fuel, maintenance, crew, insurance, hangar, and miscellaneous costs.

Fuel Costs

Fuel represents one of the most significant operating expenses for any aircraft. The Jetstream S31/32 is powered by twin Garrett TPE331-10UGR engines, known for their fuel efficiency.

• Fuel Burn Rate: On average, the Jetstream S31/32 consumes approximately 500 pounds of fuel per hour.

• Fuel Price: Assuming a fuel price of $5 per gallon, the hourly fuel cost can be estimated as follows:

[Fuel Cost = Fuel Burn Rate (lb/hr) / Fuel Density (lb/gal) × Price per Gallon]

Given a fuel density of 6.7 lb/gal, the hourly fuel cost is approximately $373 per hour.

Maintenance Costs

Regular maintenance is essential to ensure the safe and efficient operation of the Jetstream S31/32. Maintenance costs can be divided into routine maintenance and major overhauls.

• Routine Maintenance: This includes scheduled inspections, oil changes, and other regular upkeep tasks. The cost of routine maintenance is typically around $200 to $300 per flight hour.

• Engine Overhaul: The Garrett TPE331 engines require a major overhaul approximately every 5,000 flight hours. The cost of an engine overhaul can range from $250,000 to $300,000 per engine, or $500,000 to $600,000 for both engines.

• Landing Gear Overhaul: The landing gear also requires periodic overhauls, with costs typically ranging from $50,000 to $100,000 depending on the scope of work required.

Crew Costs

Operating the Jetstream S31/32 requires a skilled crew, typically consisting of two pilots.

• Pilot Salaries: The annual salary for a captain ranges from $70,000 to $100,000, while a first officer can expect to earn between $40,000 and $70,000 annually.

• Training Costs: Pilots require initial and recurrent training, which can cost between $20,000 and $30,000 per pilot annually.

Insurance Costs

Aircraft insurance is a mandatory expense, covering both hull insurance and liability insurance.

• Hull Insurance: The cost of hull insurance is typically 1.5% to 2% of the aircraft’s insured value annually. For a Jetstream S31/32 valued at $1 million, the hull insurance would cost between $15,000 and $20,000 per year.

• Liability Insurance: Liability insurance covers potential damages to third parties and passengers. The cost can range from $5,000 to $15,000 annually, depending on coverage limits and operational risks.

Hangar Costs

Securing a hangar for the Jetstream S31/32 is important to protect the aircraft from the elements and reduce maintenance needs.

• Hangar Rental: The cost of renting a hangar varies significantly by location, with prices ranging from $1,000 to $4,000 per month. For an annual estimate, this translates to $12,000 to $48,000.

Miscellaneous Costs

There are additional miscellaneous costs associated with operating the Jetstream S31/32.

• Navigation and Landing Fees: These are fees charged by airports for the use of their facilities and services. They can range from $100 to $500 per flight, depending on the airport and location.

• Handling and Ground Services: These include services such as aircraft cleaning, catering, and refueling assistance. Costs can range from $200 to $1,000 per flight, depending on the level of service required.

• Depreciation: Aircraft depreciation is another important consideration. The Jetstream S31/32 typically depreciates at a rate of 3% to 5% per year. This depreciation affects the aircraft’s resale value and should be factored into long-term operating costs.

Summary of Annual Operating Costs

To provide a comprehensive overview, the following table summarizes the estimated annual operating costs for a BAE Jetstream S31/32, assuming 500 flight hours per year:

Conclusion

The BAE Jetstream S31/32 offers an economical solution for regional air travel, with its combination of affordability and reliability. Understanding the price and operating costs associated with this aircraft is essential for potential buyers and operators to make informed decisions. With a detailed analysis of fuel, maintenance, crew, insurance, hangar, and miscellaneous costs, we provide a clear picture of what it takes to own and operate this versatile turboprop airliner. By carefully managing these costs, operators can maximize the value and efficiency of their Jetstream S31/32.