The Bombardier Global Express is one of the most popular long-range business jets to exist.
Over 800 aircraft have been built and it’s a leader in ultra-long-range, large-cabin business jets.
Introduced in October 1991, it first flew on October 13, 1996. It got Canadian type certification in July 1998. Deliveries began for the 1999 model year and ended in 2006.
If flying 350 hours per year, the Bombardier Global Express has an annual operating budget of $4,324,885.
Of this cost, the fixed costs make up $1,045,735 and the hourly variable cost of the Bombardier Global Express is $9,369.
In terms of acquisition costs, the Global Express cost $46 million when new. Today, the Global Express has a pre-owned value of around $13 million.
Naturally, this cost will vary depending on many factors – such as fuel price, region of operation, mission type, and more.
| 200 hours per year | 350 hours per year | |
|---|---|---|
| Total Fixed Costs | $1,045,735 | $1,045,735 |
| Total Variable Costs | $1,873,800 | $3,279,150 |
| Total Annual Operating Cost | $2,919,535 | $4,324,885 |
Bombardier Global Express Annual Budget Calculator
Use the calculator below to calculate the estimated annual budget to operate the Bombardier Global Express.
Simply enter the number of hours per year and receive click “Get Annual Budget”. Below you will then see the estimated annual budget for owning and operating the Bombardier Global Express.
The final value takes into account both fixed and variable costs. Please note that the final value is an estimate only. Additionally, note that all values are in USD.
Bombardier Global Express Annual Budget:
$0 per Year
Acquisition Cost & Depreciation
When it comes to the cost of acquiring a Global Express, several factors come into play, including the year of manufacture, aircraft history, and flight hours.
Back in 1999, the Global Express cost $46 million new.
Today, however, the cost to buy on the pre-owned market ranges from $12 million to $14 million, depending on the year of manufacture, hours, and condition.
When it comes to depreciation, the Global Express is estimated to lose around 2% of its value every year.
Overview of the Bombardier Global Express
he Global Express can accommodate up to 18 passengers, with a maximum baggage capacity of 185 cubic feet.
When in its optimum configuration, the Bombardier Global Express can cruise non-stop for up to 6,100 nautical miles (7,020 miles / 11,297 km).
However, when configured for the fastest cruise speed, the Global Express can maintain a cruise speed of 488 knots.
The Bombardier Global Express can cruise at up to 51,000 feet. Additionally, the Global Express has an average hourly fuel burn of 486 Gallons per Hour (GPH).
Thanks to its Rolls-Royce BR710-A2-20 engines, the Global Express has a total thrust output of 29,500 lbs.
Fixed Vs Variable Costs
When you own a private jet, you have to deal with fixed costs and variable costs.
Fixed costs are the same every month, no matter how much you fly. These include things like hangar rental, insurance, crew salaries, and maintenance.
They stay the same whether you fly a lot or hardly ever.
Variable costs, on the other hand, change with how much you fly. They include fuel, landing fees, food for passengers, and unexpected repairs.
The more you fly, the more these costs add up. Knowing the difference helps you plan your budget and figure out if owning a jet is worth it.
Featured Image: Tomás Del Coro from Las Vegas, Nevada, USA, CC BY-SA 2.0, via Wikimedia Commons