Sikorsky S-58T Price and Operating Costs

By Wiley Stickney

Published on

The Sikorsky S-58T, a remarkable evolution of the iconic S-58 series, is a versatile helicopter that has made its mark in various aviation sectors, including military, commercial, and civilian applications. This article delves into the price and operating costs associated with the S-58T, providing potential buyers and operators with comprehensive insights into the financial considerations necessary for ownership.

Overview of the Sikorsky S-58T

The Sikorsky S-58T is a turbine-powered variant of the original S-58, which was first introduced in the 1950s. Designed to meet the demands of modern aviation, the S-58T boasts enhanced performance, efficiency, and reliability. With its capacity to carry up to 12 passengers and a maximum takeoff weight of 8,500 pounds, the S-58T is ideal for various missions, including search and rescue, utility transport, and aerial firefighting.

Key Specifications

  • Engine Type: Turbine (General Electric T58-GE-8)

  • Maximum Speed: 130 knots (150 mph)

  • Range: 300 nautical miles

  • Payload Capacity: 2,500 pounds

  • Crew Capacity: 1 pilot, 12 passengers

Acquisition Costs of the Sikorsky S-58T

When considering the purchase price of a Sikorsky S-58T, it is essential to take into account various factors, including age, condition, modifications, and market demand. As of the current market trends, the price range for a Sikorsky S-58T typically falls between $1.5 million and $3 million. This range can vary significantly based on the helicopter’s configuration and any additional features or upgrades that may be included.

Factors Influencing Purchase Price

  1. Age and Condition: Older models may be more affordable but could incur higher maintenance costs.

  2. Modifications and Upgrades: S-58Ts equipped with advanced avionics, updated engines, or specialized equipment may command a higher price.

  3. Market Demand: The availability of S-58Ts in the market can influence pricing, with a limited supply leading to higher costs.

  4. Historical Significance: Some models may have historical value, which can further increase their asking price.

Operating Costs of the Sikorsky S-58T

Understanding the operating costs is crucial for any prospective owner. These costs include fuel, maintenance, insurance, and crew salaries, all of which contribute to the overall financial commitment of operating the Sikorsky S-58T.

Fuel Costs

Fuel expenses represent a significant portion of the operating budget. The S-58T typically consumes around 500 to 700 pounds of fuel per hour, depending on the operational profile and conditions. With an average fuel price of $6.00 per gallon, and considering that there are approximately 6.6 pounds per gallon, the hourly fuel cost can range from $45 to $65. Therefore, for an annual operation of 300 flight hours, fuel costs alone could total between $13,500 and $19,500.

Maintenance Costs

Regular maintenance is vital for ensuring the reliability and safety of the S-58T. Scheduled maintenance costs can vary significantly, but owners should budget around $150 to $250 per flight hour for routine inspections, parts replacements, and labor. This results in an annual maintenance cost that may range from $45,000 to $75,000, based on an estimated 300 flight hours per year.

Insurance Costs

Insurance is another critical expense. The cost of insuring a Sikorsky S-58T varies based on factors such as usage, pilot experience, and coverage levels. On average, insurance premiums can range from $10,000 to $20,000 per year. Owners should consult with aviation insurance specialists to obtain tailored quotes that reflect their specific operational circumstances.

Crew Costs

Hiring qualified personnel is essential for safe operations. A typical pilot salary can range from $70,000 to $120,000 per year, depending on experience and qualifications. Additionally, if the operator requires additional crew members for larger passenger loads, this will increase labor costs proportionately.

Total Estimated Operating Costs

Combining all these elements, here’s a breakdown of the estimated annual operating costs for the Sikorsky S-58T based on 300 flight hours:

Cost Category Estimated Annual Cost
Fuel $13,500 – $19,500
Maintenance $45,000 – $75,000
Insurance $10,000 – $20,000
Pilot Salary $70,000 – $120,000
Total Estimated Cost $148,500 – $234,500

These figures illustrate the potential financial commitment required to operate a Sikorsky S-58T, and they can vary based on actual flight hours and operational efficiency.

Financial Considerations for Operators

When contemplating the acquisition of an S-58T, it is essential to evaluate the financial implications thoroughly. While the initial purchase price is a significant consideration, the ongoing operating costs will impact the total cost of ownership. Operators must also account for residual values, as aircraft depreciate over time, affecting future resale opportunities.

Resale Value

The resale value of a Sikorsky S-58T typically depreciates at a moderate rate, influenced by overall market conditions and the helicopter’s maintenance history. It is crucial for owners to maintain comprehensive records of all maintenance and upgrades, as well-maintained helicopters can command a higher resale price.

Conclusion

The Sikorsky S-58T is a robust helicopter that offers a wealth of operational versatility, making it an attractive option for various industries. Understanding the purchase price and operating costs is crucial for potential buyers to make informed decisions. With an acquisition cost ranging from $1.5 million to $3 million and estimated annual operating costs between $148,500 and $234,500, the S-58T represents a significant investment.

By carefully evaluating all financial aspects, including fuel, maintenance, insurance, and crew costs, operators can ensure the successful and sustainable operation of their Sikorsky S-58T. As with any aviation investment, thorough research and expert consultation will pave the way for informed decision-making and long-term operational success.