Ownership Cost
Nextant 400XTi Ownership & Operating Costs
Discover the cost to own and operate a Nextant 400XTi, complete with annual fixed and hourly variable costs, along with a budget calculator.
BenedictPrivate Aviation ConsultantUpdated December 12, 2024 · Published October 6, 2023 · 2 min read
At a glance
- Fixed costs / year
- $486,474
- Variable / flight hour
- $3,070
- Total / hour at 200 hrs a year
- $5,502
- class rate, published rates
- Charter, light jet
- $7,500–$9,500/hr
- Passengers
- Up to 8
- Range
- 2,003 nm
- $1,157/hr in fuel today, est.
- Fuel burn
- 151 gal/hr
CRAFT estimates in USD (how we estimate them is below). Operating costs vary with fuel price, region and mission. Fuel today at $7.66 a gallon, our estimate of the U.S. average FBO price for Jet A: jet fuel price today. Fuel burn: Conklin & de Decker average hourly fuel burn, via Private Jet Card Comparisons (June 2025).
Nextant 400XTi specs, range, cabin and value on RadarFAA airworthiness directives for the Nextant 400XTi
The Nextant 400XTi is a light business jet produced by Nextant and is a remanufactured Beechjet 400A, with deliveries having begun in 2014.
Two Williams International FJ44-3AP engines power the 400XTi to a maximum range of 2,003 nautical miles (2,305 miles / 3,710 km) and a maximum cruise speed of 447 knots.
The 400XTi can accommodate up to 8 passengers, with a maximum baggage capacity of 53 cubic feet.
The price of a brand new Nextant 400XTi is $5.2 million. On the pre-owned market the 400XTi costs, on average, $4 million.
Flown 200 hours a year, the Nextant 400XTi costs about $1,100,474 to own and operate: $486,474 a year in fixed costs plus $3,070 a flight hour, or about $5,502 an hour once the fixed costs are spread over those hours. These are CRAFT's own estimates, built the same way for every aircraft; how we work them out is at the end of this page.
Nextant 400XTi annual budget calculator
Set the hours you expect to fly each year to estimate the annual budget to own and operate the Nextant 400XTi. The total adds the annual fixed costs to the variable cost per flight hour multiplied by your hours. All figures are estimates in USD.
Annual budget calculator
$1,100,474 per year
$486,474 fixed + $3,070/hr × 200 hrs · about $5,502 per flight hour with the fixed costs spread over the hours. Nextant 400XTi, CRAFT estimate.
Flying 200 hours a year without the fixed costs? Compare the Fleet Jet Card rate
Nextant 400XTi Fixed Cost Breakdown
When it comes to fixed costs, there are six criteria that have been identified as the biggest contributors to the annual cost of operation.
These costs are crew salary, crew training, hangar, insurance, management, and then the additional, miscellaneous fixed costs.
The table below details the estimated cost of each fixed cost for the Nextant 400XTi.
| Fixed cost | Per year |
|---|---|
| Crew Salary | $311,079 |
| Crew Training | $38,000 |
| Hangar | $39,270 |
| Insurance | $13,125 |
| Management | $45,000 |
| Miscellaneous Fixed | $40,000 |
| Total | $486,474 |
Nextant 400XTi
Nextant 400XTi Variable Cost Breakdown
Variable costs are those that change depending on the usage of the aircraft. Variable costs can be broken down into hourly chunks.
This, therefore, results in an hourly variable cost figure. This figure is the cost per hour that the aircraft is flown.
There are five factors that we have built into the hourly variable cost figure. These values are the cost of fuel, maintenance, engine overhaul, crew, landing & handling fees, along with other various costs.
All these variables are proportional to the number of hours flown. For example, the more you fly the aircraft, the more fuel it will use.
See below for a table of the estimated hourly variable costs when operating the Nextant 400XTi.
| Variable cost | Per flight hour |
|---|---|
| Fuel Cost | $1,157 |
| Maintenance | $800 |
| Engine Overhaul | $600 |
| Crew/Landing/Handling Fees | $400 |
| Miscellaneous Variable | $113 |
| Total | $3,070 |
Fuel: the Nextant 400XTi burns about 151 gallons an hour (Conklin & de Decker average hourly fuel burn, Nextant 400XTi), so at $7.66 a gallon (Oct 4, 2026) fuel is $1,157 an hour. Contract fuel often costs less than the posted price. Jet fuel price today
How we estimate these costs
These are CRAFT's own estimates, built the same way for every aircraft we cover. The Nextant 400XTi is costed as a light jet with 2 engines, flown by 2 pilots, based in the U.S. and professionally managed. Lines marked “estimate” are the midpoint of a stated range for the size class, not a quote; the others are worked out from published figures. Nothing here comes from another charter operator's or broker's budgets.
| Fixed costs | Per year | How it is worked out |
|---|---|---|
| Crew Salary | $311,079 | 1 captain at $133,150 (BLS median, commercial pilots in nonscheduled air transportation), 1 first officer at $84,540 (BLS 25th percentile, commercial pilots), plus 43% for benefits and payroll costs (BLS Employer Costs for Employee Compensation, private industry, June 2026). Source: BLS Occupational Employment and Wage Statistics, May 2025 (released May 15, 2026); BLS Employer Costs for Employee Compensation, June 2026 (released September 9, 2026) |
| Crew TrainingEstimate | $38,000 | One simulator-based recurrent course a year for each of 2 pilots, at $15,000 to $23,000 per pilot for a light jet. CRAFT estimate. Source: FAA task orders for recurrent pilot training with FlightSafety International (USAspending.gov) (orders 2024 to 2026) |
| HangarEstimate | $39,270 | A heated home-base hangar at $1,595 to $4,950 a month for a light jet, from published airport hangar rates; big-city airports cost more. Source: Published airport hangar rates (Concord-Padgett Regional, City of Concord NC; Naples Airport Authority FY2026; Pierce County WA; Smith Reynolds, Forsyth County NC) (read October 5, 2026) |
| InsuranceEstimate | $13,125 | Liability of $5,000 to $10,000 a year for a light jet, plus hull cover at 0.15% to 0.3% of a hull value of $2,500,000, the median of UseRadar's value data for this model (our aircraft data site). Midpoints used; pilot experience and claims history move it a lot. Source: BWI Aviation Insurance, "How much is aircraft insurance? A complete 2026 cost breakdown" (January 4, 2026); UseRadar aircraft value data |
| ManagementEstimate | $45,000 | A management company's fee of $2,500 to $5,000 a month for a light jet (crew, maintenance tracking, compliance and billing). CRAFT estimate. Source: Business Jet Traveler, "Is a management company right for you?" |
| Miscellaneous FixedEstimate | $40,000 | Navigation databases and charts, weather and flight planning, maintenance tracking, connectivity and office costs: $30,000 to $50,000 a year for a light jet. CRAFT estimate. Source: CRAFT estimate |
| Total | $486,474 |
| Variable costs | Per flight hour | How it is worked out |
|---|---|---|
| Fuel Cost | $1,157 | 151 gallons an hour (Conklin & de Decker average hourly fuel burn, Nextant 400XTi) at $7.66 a gallon, our estimated U.S. average FBO price for Jet A on 2026-10-04. Contract fuel usually costs less than the posted price. Source: Fuel burn: the manufacturer's published average, else Conklin & de Decker's average hourly fuel burn; CRAFT jet fuel price data |
| MaintenanceEstimate | $800 | Scheduled inspections, parts, labor and unscheduled repairs for the airframe and avionics: $600 to $1,000 a flight hour for a light jet. Older aircraft sit at the top of the range. CRAFT estimate. Source: CRAFT estimate, checked against Pilatus CrystalCare's published program rates |
| Engine OverhaulEstimate | $600 | An hourly engine reserve or engine program for 2 engines at $225 to $375 per engine per hour for a light jet. Engine makers do not publish program rates. CRAFT estimate. Source: CRAFT estimate (engine program rates are not published) |
| Crew/Landing/Handling FeesEstimate | $400 | Landing, ramp and handling fees and crew hotels, meals and transport on trips: $300 to $500 a flight hour for a light jet. CRAFT estimate. Source: CRAFT estimate |
| Miscellaneous VariableEstimate | $113 | Catering, cabin supplies, cleaning and de-icing: $75 to $150 a flight hour. CRAFT estimate. Source: CRAFT estimate |
| Total | $3,070 |
- Annual cost = fixed costs + variable cost per hour × hours flown. At 100, 200 or 400 hours a year that is $793,474 ($7,935 an hour), $1,100,474 ($5,502 an hour), $1,714,474 ($4,286 an hour).
- Fuel price: one price for every aircraft, $7.66 a gallon on 2026-10-04, from our jet fuel price data. Every dollar a gallon moves the hourly cost by about $151.
- Not included: the purchase price, financing, depreciation, sales and use tax, major one-off events beyond the reserves (paint, interior, avionics upgrades) and any charter revenue.
Crew pay: U.S. Bureau of Labor Statistics wage percentiles (May 2025), bls employer costs for employee compensation, private industry, june 2026. Class ranges and every source are on what it costs to own a private jet; all models side by side in the operating cost league table. Spot something wrong? Tell us.
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