The Daher TBM 930 is a high-performance single-engine turboprop aircraft that stands out in the aviation market for its advanced technology, exceptional efficiency, and luxurious interior. Understanding the price and operating costs associated with the TBM 930 is crucial for potential buyers and operators who wish to maximize their investment while enjoying the unparalleled benefits of this aircraft.
Overview of the Daher TBM 930
The TBM 930 is designed to meet the needs of business travelers, private owners, and commercial operators looking for a reliable and efficient aircraft. With a maximum cruise speed of 330 knots and a range of approximately 1,730 nautical miles, it is one of the fastest turboprops available. The aircraft is powered by a Pratt & Whitney Canada PT6A-66D engine, offering a combination of speed, performance, and reliability.
Purchase Price of the Daher TBM 930
When considering the acquisition of a Daher TBM 930, the purchase price is a significant factor. As of 2023, the base price of a new TBM 930 is approximately $4 million. However, several factors can influence the final cost:
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Customization Options: Buyers can select various interior and exterior finishes, avionics packages, and additional features, which can increase the overall price.
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Market Conditions: The aircraft market is dynamic; demand and supply fluctuations can affect pricing.
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Dealer Markup: Purchasing through different dealers may result in varying prices due to their markup strategies.
Used TBM 930 models are also available, with prices typically ranging from $2.5 million to $3.5 million, depending on the aircraft’s condition, age, and installed equipment.
Financing Options for the TBM 930
Financing a Daher TBM 930 can be approached in multiple ways:
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Traditional Loans: Many banks and financial institutions offer loans specifically for aircraft purchases, with terms typically ranging from 10 to 20 years.
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Leasing: For those who prefer not to purchase outright, leasing options are available. Operating leases allow for lower monthly payments and the flexibility to upgrade to newer models as they become available.
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Fractional Ownership: This option enables individuals or companies to purchase a share of the aircraft, thereby reducing costs and maintenance responsibilities.
Operating Costs of the Daher TBM 930
Understanding the operating costs associated with the TBM 930 is essential for budgeting and financial planning. These costs include fuel, maintenance, insurance, crew salaries, and hangar fees. Here’s a detailed breakdown:
1. Fuel Costs
Fuel is one of the largest operating expenses for any aircraft. The TBM 930 has an average fuel burn rate of 37 gallons per hour at cruise speed. Given current fuel prices, which can average around $5 to $6 per gallon, the estimated fuel cost per hour is approximately $185 to $222. Over a typical flying year, this can amount to substantial expenses, particularly for operators who fly frequently.
2. Maintenance Costs
Regular maintenance is crucial to ensure the safety and performance of the TBM 930. Maintenance costs can vary based on flight hours and the type of maintenance performed. Here’s a rough estimate:
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Annual Inspection: $15,000 – $25,000
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Hourly Maintenance Cost: Approximately $50 to $75 per flight hour
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Engine Overhaul: The PT6A engines require overhauls every 3,600 hours, which can cost around $300,000.
These expenses highlight the importance of budgeting for maintenance to avoid unexpected costs.
3. Insurance Costs
Insurance is another significant operating cost. The cost of insuring a TBM 930 can range from $20,000 to $30,000 annually, depending on various factors such as:
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Pilot Experience: More experienced pilots may qualify for lower rates.
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Coverage Limits: Higher coverage limits will increase premiums.
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Usage: Aircraft used for commercial operations may incur higher insurance costs.
4. Crew Salaries
For operators who choose to hire pilots, crew salaries must be factored into the operating costs. Salaries can vary widely based on experience and location, but a typical salary for a TBM 930 pilot ranges from $75,000 to $120,000 annually. Additionally, if a second pilot is required, this will further increase personnel costs.
5. Hangar Fees
Hangar costs depend on the location and type of facility. On average, hangar fees for a TBM 930 can range from $500 to $2,000 per month. Facilities in more expensive regions will naturally incur higher costs.
Total Estimated Operating Costs
When combining these operating expenses, we can estimate the total operating costs for the Daher TBM 930:
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Fuel: $185 to $222 per hour
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Maintenance: $50 to $75 per hour + annual inspections
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Insurance: $20,000 to $30,000 annually
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Crew Salaries: $75,000 to $120,000 annually
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Hangar Fees: $500 to $2,000 monthly
Considering an average of 200 flight hours per year, total operating costs could fall between $400,000 and $600,000 annually, depending on usage and specific circumstances.
Cost Efficiency of the TBM 930
Despite the seemingly high operating costs, the Daher TBM 930 offers a level of cost efficiency that makes it a desirable option for many operators. Here are a few reasons why:
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Speed and Range: The ability to cover long distances quickly means less time spent in the air and more time at the destination, translating to lower operational disruptions.
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Reduced Maintenance Intervals: The TBM 930 is built with reliability in mind, often resulting in fewer unscheduled maintenance events compared to other aircraft in its class.
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Value Retention: The TBM 930 tends to retain its value well in the resale market, making it a smart investment for buyers.
Conclusion
In summary, the Daher TBM 930 is a premier aircraft with a purchase price averaging around $4 million and annual operating costs that can range from $400,000 to $600,000 depending on various factors. The combination of speed, efficiency, and luxury makes it a compelling choice for both personal and business travel. When properly managed, the TBM 930 can deliver exceptional value and satisfaction, ensuring that it remains a top contender in the world of turboprop aviation.
