The Fairchild Dornier Metro III is a twin-engine turboprop aircraft that has gained recognition for its reliability, versatility, and operational efficiency. As we delve into the price and operating costs associated with this aircraft, we will provide an in-depth analysis to assist potential buyers and operators in making informed decisions.
Overview of the Fairchild Dornier Metro III
The Fairchild Dornier Metro III, introduced in the early 1990s, is a highly regarded regional airliner that serves various roles, including passenger transport, cargo delivery, and specialized missions. Its spacious cabin and impressive range make it suitable for both commercial and private use.
Specifications
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Length: 23.8 meters (78 feet)
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Wingspan: 23.2 meters (76 feet)
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Height: 7.5 meters (24.6 feet)
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Maximum Takeoff Weight (MTOW): 11,340 kg (25,000 lbs)
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Cruise Speed: Approximately 300 knots (345 mph)
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Range: Up to 1,100 nautical miles
Market Price of the Fairchild Dornier Metro III
Determining the market price of the Fairchild Dornier Metro III involves examining several factors, including age, condition, modifications, and market demand. On average, the price for a used Metro III ranges from $1 million to $3 million.
Factors Influencing Price
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Age and Condition: Newer aircraft or those with lower flight hours generally command higher prices. Maintenance history and overall condition also play significant roles.
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Modifications and Upgrades: Aircraft that have undergone modern upgrades, such as avionics enhancements or improved engines, can see increased value.
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Market Demand: The demand for regional aircraft can fluctuate based on economic conditions, impacting pricing.
Comparative Pricing
When compared to similar aircraft in its class, such as the Beechcraft 1900 or the ATR 42, the Metro III often presents a competitive pricing structure. Factors such as payload capacity, operational range, and maintenance costs should be considered when evaluating the best option for your needs.
Operating Costs of the Fairchild Dornier Metro III
Understanding the operating costs of the Fairchild Dornier Metro III is crucial for prospective operators. These costs can be divided into several categories: fuel, maintenance, crew salaries, insurance, and airport fees.
Fuel Costs
Fuel efficiency is one of the most significant factors affecting operating costs. The Metro III typically burns around 600 to 700 pounds of fuel per hour, depending on load and flight conditions. With current fuel prices averaging around $5.00 per gallon, the hourly fuel cost can range from $1,500 to $2,000. This calculation can vary based on local fuel prices and operational practices.
Maintenance Costs
Regular maintenance is essential to ensure safety and reliability. The operating costs for maintenance can be estimated at around $200 to $400 per flight hour. This includes routine inspections, parts replacement, and labor costs. Additionally, operators should budget for major overhauls every 3,500 to 5,000 flight hours, which can cost upwards of $1 million.
Crew Salaries
Crew salaries are another significant expense. For a typical operation involving a pilot and co-pilot, annual salaries can range from $80,000 to $120,000 per crew member, depending on experience and location. Calculating crew costs based on flight hours and operational days is essential for accurate budgeting.
Insurance Costs
Insurance premiums for the Metro III can vary widely based on the operator’s safety record, usage, and geographical location. Annual insurance costs can range from $20,000 to $50,000. It is advisable to consult with an aviation insurance broker to obtain tailored quotes that reflect the specific operational profile.
Airport Fees
Airport fees, including landing fees, parking fees, and ramp fees, should also be factored into the operating costs. These fees can vary significantly by airport and can add up to $500 to $2,000 per landing, depending on the location and airport infrastructure.
Total Operating Cost Estimate
When compiling all these costs, we can estimate the total operating cost per hour for the Fairchild Dornier Metro III:
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Fuel: $1,500 – $2,000
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Maintenance: $200 – $400
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Crew Salaries: $160 – $200 (for two crew members, based on an average of $80,000 – $120,000 annually)
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Insurance: $20 – $50
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Airport Fees: $500 – $2,000
Total Operating Cost Per Hour: $2,380 – $4,650
This estimate provides a comprehensive overview of what operators can expect to spend per hour of operation, which is essential for financial planning and viability assessments.
Conclusion
The Fairchild Dornier Metro III is an exceptional aircraft that balances performance with operational efficiency. While the market price ranges from $1 million to $3 million, the operating costs can vary widely based on numerous factors. By understanding these costs, potential buyers and operators can make informed decisions that align with their operational goals and financial capabilities. Investing in the Metro III can yield significant advantages in both regional passenger transport and cargo operations, making it a valuable addition to any fleet.
In summary, whether you are considering purchasing a Fairchild Dornier Metro III or simply evaluating your options, a thorough understanding of its price and operating costs will position you for success in the aviation market.
