Salty Simulations 747 -8I. The initial cost of the first 747 was $79 million for the airplane itself, plus an additional $40 million to convert it to a supertanker. Lufthansa is the launch airline for the 747-800 which is 5.6 meters longer than its predecessor, making it the longest passenger aircraft in the world. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the BOEING 747-400 has total variable costs of $11,569,824.00, total fixed costs of $416,150.00, and an annual budget of $11,985,974.00. The 747400 is certified by the FAA and other agencies eg EASA (European Aviation Safety Agency) to fly at up to Mach 0.92 and at heights depending on the variant up to about 45,000 ft. So the maximum legal speed above 35,000 ft. is about 607 mph. The F stands for freight, as the jet was specifically designed as a cargo plane with long-distance capabilities. Commercial Services. The B747-400, best known as the world's fastest commercial jetliner, has the capability of carrying up to 660 passengers in a partial double deck configuration. How much fuel does an international plane use for a trip? A plane like a Boeing 747 uses approximately 1 gallon of fuel (about 4 liters) every second. Over the course of a 10-hour flight, it might burn 36,000 gallons (150,000 liters). According to Boeing's Web site, the 747 burns approximately 5 gallons of fuel per mile (12 liters per kilometer). (2:00 p.m. EST Close) 2022 . Data presented by ch-aviation.com, acquired from Collateral Verifications LLC, put the market lease rate for a Boeing 747-400 somewhere between $50,000 and $110,000 per month. Moreover the inflight entertainment system is much better on Airbuses than on Boeings. This breaks down to $26,635.50 per hour. Once fitted, they add 170-235kg (375-518lbs) to the weight of the aircraft, depending upon whether they were installed at production or a retrofit. The aircraft they developed was the Boeing 707, first flown in 1957. The first 747-100 from Boeing Co. (NYSE: BA) was put into service in 1970, and those first planes sold at a list price of $24 million. If you're wondering how much a Boeing 747 costs, you should know that they don't come cheap. Boeing 747s are very expensive planes, with the latest variant, the 747-8, costing around $450 million, but older discontinued models, Depending on numerous factors, the average price for a pre-owned BOEING 747-400 is $20,000,000.00. The 747-8 is the latest Boeing 747 variant, and its designed to be more economical to operate, more environmentally friendly and to be quieter. The Boeing 747 is a large, long-range wide-body airliner designed and manufactured by Boeing Commercial Airplanes in the United States. 12. The 747 was first conceived in the 1960s, as Boeing 's proposed entry for a U.S. Air Force study into supersized strategic transport aircraft. Boeing generally does not sell used aircraft. It comes down to cost versus benefits. As of June 2021, it has 46,264 flight hours and 6,162 flight cycles. 679. The wide-body commercial airliner would eventually enter public service with Pan Am World Airways in 1970, where it was dubbed the industry's. Naturally, the value and cost of the aircraft will vary depending on factors such as: Age ; Flight cycles ; Flight hours If youre wondering how much a Boeing 747 costs, you should know that they dont come cheap. The Boeing 747 -8 is a wide-body jet airliner manufactured by The Boeing Company. The Salty Simulations 747 is an open-source modification for the default Asobo 747-8 included in Microsoft Flight Simulator. A $10,000,000.00 loan over 120 months including $41666.67 per month in interest equates to a $501,437.15 per-period payment. Brushing Off Chinese Threats, Pelosi Arrives In Taipei On Boeing C-40C. At a macro level, aircraft operating costs include both flight and ground costs associated with the operation of an aircraft, such as fuel, crew On a midsize aircraft able to accommodate nine passengers, expect to pay between $4,000 and $8,000 per hour. Business class on the Lufthansa 747-8 is split into three cabins:. Taking advantage of the serious fatigue problems encountered by the trail blazing British built De Haviland Comet, the Boeing 707 forged a path ahead of the competition, so much so that its introduction into service in 1958 is regarded by most people as the beginning of the golden age The world's largest and most efficient twin-engine jet. The price of a new Boeing 747-8 passenger plane has increased to $367.8 million, while the price of the freighter variant has increased to $368.4 million. I want to buy a used aircraft from Boeing. Winglets cost about $725,000USD and take about 1 week to install which costs an extra $25-80,000USD. However, operating a quad-engine double-decker aircraft with an MTOW of 738,000 lbs (334,750 kg) was never going to be cheap. Cancel order! $270.9 million. Other airliner simulators should be fairly similar. But this depends on a number of factors, including the aircraft weight, airport elevation, temperature, wind speed, and much more. Boeing Co. (NYSE: BA) sold the first 747-100 for a total of $24 million. Scrap alone can cost up to $55,000 or more, with the shell costing $100,000 in the early 2000s. Calculating the costs per hour, you can expect to pay between $1,300 to $3,000 for a small private plane that can seat between four and six passengers. The costs below are only rough estimates based on personal experience building my own home-based Boeing 737NG simulator. How Much Does A Boeing 747 Cost In 2022?#shorts Subscribe for more amazing videos! This breaks down to $27,647.94 per hour. How much is an airplane? Freighters. Approximately $250000 at today's prices. When empty, this plane weighs 212,000 kg or 468,000 lbs or 234 tonnes. As noted, the 737 is the cheapest of https://bit.ly/36ik9gE Edited by: Luca Hideo Okido. N322SG: One of the most expensive 747-400s we found, this 21-year-old Atlas Air passenger jumbo could lease for as much as $110,000 per month. The most common is by referring to a generic operating cost per flight hour figure. The Boeing 747 managed to bring down the cost of flying enough to make aviation accessible to the masses. How much does it cost to fill a Boeing 747 with fuel? Pricing. How much does it cost to charter a private plane? Helpful . How much does it cost? Learn more . Boeing 747 Operational Costs. After introducing the 707 in October 1958, Pan Am wanted a jet 2 + 1 2 times its size, to reduce its seat cost by 30% to democratize air travel. At a macro A half-empty aircraft means that each seat is contributing more to the running cost and therefore, there may be very little profit, or perhaps even a loss. The 747-8 is the final ruler in the family. Data source: Boeing. Another distinguishable difference is that the 747 was designed with two decks while the 777 only has one. The nose of the 747 is also designed in a way to let it open, this increasing it's potential as a cargo plane. Down to the landing gear, the 777 almost looks like a caterpillar with its six wheels for each of its two main landing gears. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the BOEING 747SP has total variable costs of $12,067,425.00, total fixed costs of $374,150.00, and an annual budget of $12,441,575.00. The original design of the Boeing 747 requires a minimum runway length of 7500 feet or 2200 meters. We are dedicated to improving the default 747-8 to a level where it is enjoyable and realistic to fly. December 25th. But even if the flight isnt Every airliner carries considerably more people than the average car; in the case of the Boeing 747, its 568 in total. If compared to the 747-400, 747-8 is 16 percent more fuel efficient, will cost 10 percent lesser per seat, per mile, and has room for 26 percent more cargo.Compared to the Airbus A380, the Boeing 747-8 Intercontinental has better operating economics, consumes 11 percent lesser fuel per passenger than the Airbus A380 and is also 10 percent lighter per seat than the 555 seat The award-winning Boeing Signature Interior is available on both the 747-400 and 747-400ER. The building of the Boeing 747 Specs was an audacious leap forward in aviation, to relieve congestion at airports struggling with the growing travelling public. About. A $10,000,000.00 loan over 120 months including $41666.67 per month in interest equates to a $501,437.15 per-period payment. The average hourly rental rate of the Boeing 747-400 is around 30,950 USD per hour. Most of the (extremely) generic references Ive seen using that metric for a Boeing 747400 are in the US$25,000 per hour range. However, operating a quad-engine double-decker aircraft with an MTOW of 738,000 lbs (334,750 kg) was never going to be cheap. The configuration I flew had 80 biz seats: 48 on the lower deck divided into a 36-seat main section and a minicabin directly behind with just 12 seats, plus 32 on the upper deck. The Boeing 747 managed to bring down the cost of flying enough to make aviation accessible to the masses. With a base price of $367 million, the Boeing 747-8 VIP required an additional $200 million for the refurbishment. According to todays inflation rates, that same 747 would be worth $147.1 million today. According to Boeing's current list prices, a brand new 747-8 would be worth In 1965, Joe Sutter left the 737 development program to design the 747, the first twin-aisle airliner. December 25th. However, the model's production program is also soon coming to an end. Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. But what if you wanted to super-size the personal flying experience and invite 200 friends along for the ride? After introducing the 707 in October 1958, Pan Am wanted a jet 2 + 1 2 times its size, to reduce its seat cost by 30% to democratize air travel. Pricing. 2023. A Boeing 747 rolls to the tarmac at the airport in Frankfurt, Germany, as the sun rises on Friday, Aug. 7, 2020. 777X. Which Airlines Still Fly The Boeing 747?Air China. Air China still operates a fleet of three 24-year old Boeing 747-400s and a full seven of the newer 747-8s.Air India. Air India still officially has four 747-400s in its fleet. Asiana. Asiana has a whole host of 747s. Korean Air. Lufthansa. Mahan Air. Rossiya Russian Airlines. Boeing 747 Operational Costs. December 25th. Depending on numerous factors, the average price for a pre-owned BOEING 757-200ER is $20,000,000.00. The estimated cost of the Boeing 747 is between $10-100 million. Boeing 747's are very expensive planes, with the latest variant, the 747-8, costing around $450 million, but older discontinued models, like the Boeing 747-400, can cost as little as $10 million. December 25th. 787. Meanwhile, the freighter variant was for sale for PE is 8-Across on the A350 which a much narrower aircraft than the 747 and 777, meaning the seats are incredibly small - honestly more similar to standard coach on a 9-abreast 777 than the PE product offered on the rest of the BA fleet. ALSO READ: 10 Disappearing Car Brands Boeing's stock traded down about 0.4% early Monday morning, at $178.02 in a 52-week range of $122.35 to $185.71. At 31,285 cubic feet (876 cubic meters), the 747-400 has the largest passenger interior volume of any commercial airliner, which is equivalent to more than three houses each measuring 1,500 square feet (135 square meters). Most of the (extremely) generic references Ive seen using that metric for a Boeing 747400 are in the US$25,000 per hour range. Rival Airbus had a modest beginning with the launch of the Comfort & Size. While less than the list price for a 747-8i, this figure is still a lot higher than the market price for a 747-8i, due in large fact to the customizations made to that particular aircraft. Markets will close at 2:00 PM ET on the following dates: U.S. How Much Does a Boeing 747 Cost? Adjusting for inflation that same 747 would sell today for more than $149 million, less than half the actual list price of a new 747-8 passenger jet that Hugh Morris, The Daily Telegraph, May 12, 2017 | Jetting into town on your own private jet is pretty baller, sure. This 747-800 is the newest aircraft type in the long-haul fleet for Lufthansa. Adjusting for After fueling, it has a weight of 325,000 kg or 717,000 lbs or 359 tonnes. (Lufthansa also flies another version of the 747-8, with even more biz-class capacity at 92 seats.) Introducing the 777X. The launch of 747 long-range airliner with much larger seating capacity than other commercial aircraft in 1970 further strengthened Boeings position in commercial aviation. The Boeing 747-200F is a cargo-carrying model of the iconic Boeing 747 affectionately known as the jumbo jet launched in the early 1970s. In 2019, a single 747-8 Intercontinental cost $418.4 million. For whatever reason, the first converted aircraft, tanker number (N470EV), despite its enormous cost to the company, never went into active service. View complete answer on executiveflyers.com The Boeing 747 is a large, long-range wide-body airliner designed and manufactured by Boeing Commercial Airplanes in the United States. The first 747-100 from Boeing Co. (NYSE: BA) was put into service in 1970, and those first planes sold at a list price of $24 million. COST. Plan to increase to 14/month by end of the decade. Obviously, larger cockpits like the Boeing 777 will likely cost more than, say, a smaller cockpit like a Regional Jet due to the complexity and sheer size. The Boeing 737-700, listed at an average price of just under 90 million U.S. dollars, is among the least expensive models, while the Boeing 777-9, Bond Market Partial Holidays . 747-8. How much does it cost to operate a 747 per hour? Installer. Answer: First of all, the aircrafts purchase price is around ~$250 Million. In 1965, Joe Sutter left the 737 development program to design the 747, the first twin-aisle airliner. 777. How much is a used Boeing 747? Boeing Business Jets. 767. Currently found 747s on sale from It depends on the airplane you want to buy. That's because the annuity in The US Air Force Boeing C-40C, which is a military version of the popular 737 model, took off from Sultan Abdul Aziz Shah Airport (SZB) near Kuala Lumpur earlier today to make the 2,000 mile journey to Songshan Airport (TSA) outside Taipei. Its youthful age and low usage figures earn it that extra $5,000 per month over the Lufthansa jumbo first mentioned. This aircraft accommodates 364 passengers in a four class configuration.