Daher TBM 940 Price and Operating Costs

By Wiley Stickney

Published on

The Daher TBM 940 is a remarkable aircraft that combines cutting-edge technology with high performance. As we delve into its pricing and operating costs, we will provide a comprehensive overview that caters to prospective buyers, current owners, and aviation enthusiasts alike.

Introduction to the Daher TBM 940

The Daher TBM 940 is part of a family of single-engine turboprop aircraft designed for efficiency and comfort. Known for its exceptional speed and range, the TBM 940 stands out in the market due to its advanced avionics, spacious cabin, and impressive fuel efficiency. This section will explore the features that contribute to its desirability, setting the stage for a deeper discussion on its pricing and operational expenses.

Key Features of the Daher TBM 940

Before discussing the costs associated with the Daher TBM 940, it’s crucial to highlight the features that justify its price point:

  • Superior Performance: The TBM 940 can reach a maximum cruise speed of approximately 330 knots and has a range of around 1,730 nautical miles. Its performance is optimized for both speed and efficiency, making it suitable for various missions.

  • Advanced Avionics: Equipped with the Garmin G3000 avionics suite, the TBM 940 offers pilots enhanced situational awareness through integrated flight management systems, synthetic vision, and advanced autopilot capabilities.

  • Spacious Cabin: The interior is designed for comfort, accommodating up to six passengers. The cabin features large windows, customizable configurations, and high-quality materials, ensuring a luxurious flying experience.

  • Safety Features: Safety is paramount in aviation, and the TBM 940 incorporates several safety features, including auto-throttle, emergency descent mode, and enhanced ground proximity warning systems.

Understanding the Price of the Daher TBM 940

The price of the Daher TBM 940 is influenced by various factors, including market demand, configuration options, and accessories. On average, the purchase price of a new Daher TBM 940 is approximately $4 million. However, this price can fluctuate based on customization and additional features.

Factors Influencing the Price

  1. Customization Options: Buyers can choose from various interior layouts, materials, and technology packages. Each customization option can add significantly to the base price, often leading to final costs exceeding $4 million.

  2. Market Demand: The demand for turboprop aircraft affects pricing. In times of high demand, prices may increase, reflecting the competitive market landscape.

  3. New vs. Used: Purchasing a used TBM 940 can provide substantial savings, with prices typically ranging from $2.5 million to $3.5 million depending on age, condition, and hours flown. However, buyers should consider the trade-offs in terms of warranties and modern avionics.

Operating Costs of the Daher TBM 940

Operating costs are a critical consideration for aircraft owners. The Daher TBM 940 is known for its fuel efficiency, but various costs must be accounted for when calculating overall operating expenses. Here’s a breakdown of the primary components of operating costs:

Fuel Costs

One of the most significant operating costs is fuel. The TBM 940 consumes approximately 30 gallons per hour at a typical cruise setting. With fuel prices fluctuating, operators can expect to spend about $4 to $6 per gallon. Assuming an average of $5 per gallon, fuel costs can amount to:

  • 30 gallons/hour x $5/gallon = $150/hour

Over a year, assuming 300 flight hours, fuel costs could total:

  • $150/hour x 300 hours = $45,000/year

Maintenance Costs

Maintenance is another essential aspect of operating costs. The TBM 940 has a maintenance program designed to keep costs predictable. Owners can expect to budget approximately $50,000 to $75,000 annually for maintenance, which includes routine inspections, parts replacement, and any necessary repairs.

Insurance Costs

Insurance is a necessary expense for aircraft ownership. Depending on the pilot’s experience, the aircraft’s value, and coverage type, insurance premiums for the TBM 940 typically range from $15,000 to $30,000 per year.

Hangar and Storage Fees

Storing an aircraft incurs additional costs. Hangar fees can vary significantly based on location, but owners should anticipate costs ranging from $500 to $2,000 per month. For budgeting purposes, let’s assume a hangar fee of $1,000 per month:

  • $1,000/month x 12 months = $12,000/year

Pilot Costs

If you plan to hire a professional pilot, salaries can add substantially to operating costs. A full-time pilot for the TBM 940 may command a salary between $70,000 and $100,000 annually, depending on experience and qualifications.

Total Operating Cost Summary

Combining all the above factors, here’s a summary of estimated annual operating costs for the Daher TBM 940:

Expense Type Estimated Cost
Fuel $45,000
Maintenance $50,000 – $75,000
Insurance $15,000 – $30,000
Hangar Fees $12,000
Pilot Costs $70,000 – $100,000
Total Estimated Cost $192,000 – $262,000

This estimation provides a clear picture of the financial commitment involved in owning and operating a Daher TBM 940. Depending on individual circumstances, actual costs may vary.

Conclusion

The Daher TBM 940 represents a premium investment in the world of general aviation. With its remarkable features and capabilities, it offers a compelling proposition for those seeking a high-performance aircraft. However, potential owners must carefully consider the purchase price and operating costs to ensure it aligns with their financial objectives. By understanding these factors, buyers can make informed decisions that will enhance their flying experience while keeping financial considerations in check.