Aircraft Performance & Operating Costs Simply choose a type of aircraft below. PIPER M350 Price and Operating Costs. The PIPER Cheyenne III, manufactured from 1978 - 1983, requires a 2 person crew and can transport up to 6 passengers. Internal baggage capacity is the amount of available baggage which can be stowed inside the aircraft where there will b… High density airports such as Teterboro or White Plains will have higher fees than other locations. Although the company succeeded, its success was haunted by engineering decisions made early in the program. Internal baggage capac… The PIPER Cheyenne IIIA has a 3,997' balanced field length and 2,736' landing distance. The Value Equation states that each vehicle loses $86-200 for every year since it was built (with a standard error of $71-300). This breaks down to $906.35 per hour. Example, if your cost for 5 employees is $200, his cost will be about $500. ACC assumes NBAA IFR fuel reserve calculation for a 200 nautical mile alternate (100 nm for turboprops). Unsave Save. Certification was achieved in September 2000 and deliveries began in November.Changes were made to the airframe to allow for turboprop power including larger wings and tail surfaces- and the Meridian has one pilot and 5 passenger seats in a pressurized cabin with the maximum flight ceiling operating level being 30-000 feet. This Piper Meridian is one of the best on the market. 21. Sign up for free aircraft sales alerts and digital aviation magazines now. Call for price. The total variable cost for the Meridian at $428 per hour is slightly less expensive to operate compared to the Kodiak 100 at $431 per hour.Retail InformationTable B shows the relative retail prices from Vref for each aircraft. There is a lot less wear and tear and there are fewer failures between 3,600-hour overhauls, which cost an average of $200,000. parts, estimated to (note that ONLY 100 hrs inspections are scheduled. Premium Listing. Piper PA-46R-350T Matrix . Also- the Meridian cabin width dimensions are slightly smaller than the Kodiak 100 aircraft- as shown in the Chart A cross-section that is illustrated by the UPCAST JETBOOK. Detailed information, specs, operating cost, features and photos of the Piper Meridian. My Saved Listings Updated: Mon, Dec 07, 2020 11:53 AM. Will you hire a management company or will you have your pilots manage the operation? Much like an insurance plan, you pay into a pool each hour you fly and when maintenance is required, it is paid out of that pool. Aircraft Operating Costs Per Hour and Aircraft comparisons, Aircraft Performance Data and Other Aircraft Information Aircraft Operating Cost -PIPER quick links Main Menu A Piper Meridian with 6 adults with and bags sounds kind of heavy too. Unsave Save. (Note: The fuel price used from this source does not represent an average fuel price for the year. Financial Calculator. Hourly maintenance: $64.03. A management company with similar jets on certificate has more flexibility in scheduling crew from one jet to another. View and Download Meridian PA-46-500TP pilot operating handbook online. What does it cost to own a PA46/P46T? Financial Calculator. It's rated for 1,000 shp (shaft horsepower), but Piper derates it on the Meridian to just 500 shp. The Piper Meridian is the most affordable and economical turboprop on the market. 21. The aircraft has a maximum operating altitude of 35,000', a normal cruise speed of 291 KTS/335 MPH, and a 845 NM/972 SM seats-full range. For the second year, AOPA Pilot is making Conklin and de Decker’s aircraft operating cost comparison available to those shopping for business jets; new this year are the costs of turboprops. Since certification- Meridian upgraded the avionics panel in its airplane to keep it competitive.In 2009- Piper began offering the Meridian with a three-screen version of the Garmin G1000 - including the Garmin GFC 700 autopilot - as a replacement for the Avidyne Entegra system. Passenger and baggage amounts can greatly effect the performance of an aircraft since minimum runway lengths, range and speed are all effected by its weight.Typical passenger configuration is the typical number of passengers the jet is configured to accommodate 5 passengers, however each jet will have a custom configuration to accommodate an owners specific needs and will therefore vary. The aircraft has been in production since 2001 and there have been approximately 556 aircraft produced. Twitter Facebook Pinterest LinkedIn Email Reddit WhatsApp All Piper Aircraft Aircraft Turboprop Aircraft. The PIPER Cheyenne III has a 4,065' balanced field length and 3,065' landing distance. Ironically, Piper launched the Malibu in 1984 into what was an overall GA slump. Total Cost of Ownership: Total Fixed Cost. 2013 PIPER MERIDIAN. The examples plotted are confined to the aircraft in this study. Designed at the outset for owner-operators stepping up from single engine piston airplanes- the Meridian has built-in features that aim to minimize pilot workload and maximize flying enjoyment.The Meridian also offers a gross weight increase modification- which is the result of adding vortex generators and re-certifying the stall speed. 2006 Piper Meridian, 1747 Hours SNEW, Avidyne Glass Panel including Dual 10.4" PFDs and EX5000 MFD, Dual Garmin GTN650 Touch-Screen Navigators, S-TEC Magic... More Info Airmart - Robert Sutherlin Performance . Yet Piper prospered with the Malibu because of its capabilities and luxury. Ironically, Piper launched the Malibu in 1984 into what was an overall GA slump. The lines depicted do not include winds aloft or any other weather-related obstacles.Productivity ComparisonsThe points in Chart F center on the same group of aircraft. The field in this study includes Quest’s Kodiak 100 which started delivering in 2008. Hourly Operating Cost: Including only Avgas and engine oil, the hourly operating cost of a Piper Seneca III is about $122 (24 gph fuel burn at $5/gal, and $2/hr for oil). The Piper M500 – with its lowest-in-class operating costs, simplicity of operation and safety features – fits that niche like no other aircraft can. The PIPER Cheyenne IIIA has a 3,997' balanced field length and 2,736' landing distance. Welcome to the Piper M500. By using our site, you consent to our use of cookies. The aircraft has a maximum operating altitude of 25,000', a normal cruise speed of 201 KTS/231 MPH, and a 470 NM/541 SM seats-full range. Check with your insurance provider to see what types of requirements they may have. Turboprop Aircraft. The PIPER Cheyenne IIIA, manufactured from 1984 - 1991, requires a 2 person crew and can transport up to 6 passengers. Also remember to view the complete model line up of Piper Aircraft. See Table C.Table D depicts an example of using the MACRS schedule for a 2014 Piper Meridian in private (Part 91) and charter (Part 135) operations over five and seven-year periods assuming a Vref retail value of $2.2 million.Range ComparisonChart E shows the circle ranges from Kansas- USA- for the business jets in this field of study- as sourced from Aircraft Cost Calculator. This will include fees for things such as charts, software and computers to manage your jet. The Meridian is powered by a single Pratt & Whitney Canada PT6A-42A powerplant. Although the company succeeded, its success was haunted by engineering decisions made early in the program. Typical passenger configuration is the typical number of passengers the jet is configured to accommodate 5 passengers, however each jet will have a custom configuration to accommodate an owners specific needs and will therefore vary. I created the PDF below to help prospective PA46 owners forecast costs. Jet A fuel cost used from our source publications was $6.08 per gallon at press time for the August 2013 edition- so for the sake of comparison we’ll chart the numbers as published. Pasco, Washington. Premium Listing. The two equations have an adjusted ‘Value Space’ R^2 of 87.1% and an adjusted ‘Demand Plane’ R^2 of 96%- meaning that it is an excellent predictor of value and demand.Location by ContinentThe major based-at locations for the Meridian- per information compiled by JETNET in its STAR reporting system- are in the United States (77%)- Europe (15%) and South America (5%) – an aggregate of 97% of the fleet.Depreciation Schedule for Business AircraftAircraft that are used in a trade- business- or for the production of income that are primarily operated domestically- and not used in common or contract carriage may be depreciated over a five-year Modified Accelerated Cost Recovery System (MACRS) schedule. Aircraft used in common or contract carriage (e.g.- Part 135) are depreciable under seven-year MACRS. ... Aviation’s Most Powerful Operating Cost Analytics Tool In A Single App View and Download Meridian PA-46-500TP pilot operating handbook online. Passenger and baggage amounts can greatly effect the performance of an aircraft since minimum runway lengths, range and speed are all effected by its weight. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the PIPER Meridian has total variable costs of $274,725.00, total fixed costs of $133,133.00, and an annual budget of $407,858.00. The aircraft has a maximum operating altitude of 35,000', a normal cruise speed of 275 KTS/316 MPH, and a 972 NM/1,119 SM seats-full range. parts, estimated to (note that ONLY 100 hrs inspections are scheduled. The Piper M350 is the only current production pressurized piston-engine aircraft available today. phone +1 905-477-0107. Total Variable Cost Cost Per Hour = $440.04 Cost Per Mile = $1.69 $27,062.60. The PIPER Cheyenne IIIA, manufactured from 1984 - 1991, requires a 2 person crew and can transport up to 6 passengers. 2000 PIPER MERIDIAN. Piper M500 Meridian . With nearly 550 units sold- how does the Meridian measure with its competition?We’ll consider the usual productivity parameters - payload/range- speed and cabin size- and cover current and future market values. This Piper Meridian is one of the best on the market. Annual inspection cost: Storage: Weather service: Insurance: Miscellaneous expenses: Refurbishing and modernization: ... Find and Compare PIPER PA-46 for sale Also Consider. Piper | Actually he can charge you for 1/2 of the prorated expenses of the trip. The PA46-500TP upped the ante to 260 knots, 50 knots quicker than the derivative Piper Mirage. Start Living Your Dreams With The Piper Mirage . Detailed information, specs, operating cost, features and photos of the Piper Mirage. As we have mentioned in past articles- a potential operator should focus on payload capability. If you plan to place your aircraft on a charter certificate, they may have minimum number of hours in total and in type. Welcome to the Piper M500. Fuel prices will vary greatly while the aircraft is away from home base and will depend on how much competition there is at each airport. Passenger and baggage amounts can greatly effect the performance of an aircraft since minimum runway lengths, range and speed are all effected by its weight.Typical passenger configuration is the typical number of passengers the jet is configured to accommodate 5 passengers, however each jet will have a custom configuration to accommodate an owners specific needs and will therefore vary. Chart D- sourced from the Multi-dimensional Economic Evaluators (MEE) Inc.- (www.meevaluators.com)- presents a Value and Demand chart for the Meridian and Kodiak 100 Turboprop aircraft. 2008 PIPER MERIDIAN. Overnight expenses will be greater in New York City than in the other parts of the country and flights to Europe will incur large handling and landing fees. The tried-and-true PT6A-42A turbine engine with 500 SHP and the impressive Garmin G1000 NXi Avionics Suite with the GFC 700 Autopilot come together to set a new standard for capability and value. Piper Meridian Specifications. Guardian Jet Piper M600 brochure: overview, range ring, performance, dimensions, cross section, floor plan, market data, cost of ownership, and technical comparison Unsave Save. The PIPER Cheyenne IIXL has a 4,387' balanced field length and 2,673' landing distance. Compare. Phone: (509) 521-5900. Piper’s current pressurized PA-46—the M350—is well north of $1 million. Designers have dreamed of fielding single-engine turboprops for years. In 2012 Piper Aircraft commemorated its 75th anniversary as well as celebrated the 500th delivery of its popular Piper Meridian- and in 2013 the Meridian was the best-selling model for New and Pre-Owned deliveries combined- according to JETNET.Payload and RangeThe data contained in Table A is sourced from Conklin & de Decker and also published in the B&CA- May 2014 edition. Sold with FRESH HOT SECTION; FRESH Annual Inspection EVENT 1 & 2; FCU Overhaul! Piper M500 Meridian . As the chart displays, fixed costs are spread over more hours, the more you fly up to the point where additional crew will be required. 2008 PIPER MERIDIAN. This breaks down to $432.11 per hour. If you are not hiring a management company, you may wish to add a crew member for times when you have turnover, training or other scheduling issues. Oil cost per hour: $0.00. Call for price. Most owners purchase the majority of their fuel at their home base airport which is why the selection of a hangar an important component in managing costs. In a direct comparison to the Kodiak 100 model- although the Meridian has considerably smaller cabin volume and available payload with maximum fuel- it costs about one-third less to operate per mile and has a slightly smaller variable cost per hour- while offering much greater speed (262 ktas vs. 154 ktas).The Meridian offers less range but comes at a higher retail price ($223k more- according to Vref). Aircraft Sales. The Piper Meridian … The total variable cost for the Meridian at $428 per hour is slightly less expensive to operate compared to the Kodiak 100 at $431 per hour. That means it is operated significantly below capacity. Lower fees can also be obtained by relocating to less populated areas and ferrying the aircraft back and forth which will increase the number of flight hours and maintenance cycles. For the second year, AOPA Pilot is making Conklin and de Decker’s aircraft operating cost comparison available to those shopping for business jets; new this year are the costs of turboprops. Total Fixed Costs are expenses which are required no matter how many hours you fly. These costs typically include crew, hangar, insurance, training and other miscelaneous expenses. Note: For jets and turboprops- ‘Seats Full Range’ represents the maximum IFR range of the aircraft at Long-Range Cruise with all passenger seats occupied. Misc: landing, parking, supplies, catering, etc. The shorter the trips, the lower the turnover, training and salary you will have to pay. Range with full payload and available fuel;2. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the PIPER M500 has total variable costs of $277,200.00, total fixed costs of $131,969.00, and an annual budget of $409,169.00. The PIPER Malibu Mirage G1000, manufactured from 1989 - to present, requires a 1 person crew and can transport up to 5 passengers. My Saved Listings Updated: Mon, Dec 07, 2020 11:53 AM. Fuel cost per hour: (36.0 gallons/hr @ $5.40/gal) $194.40. With over five decades of extensive experience, Michael has worked as a director of special projects for JETNET, LLC; served as Senior Management Consultant for Sabre Holding; and was Director of Market & Sales Research for Gulfstream Aerospace, leading sales and product research, including feasibility and viability studies. 2001 PIPER MERIDIAN M500 - Specifications, Performance, Operating cost, Valuation, Brokers - planephd.com Toggle navigation The Meridian Piper’s Sole Turboprop Gets Down to Business. NEXT. The current pre-owned market for these turboprop aircraft shows 46 aircraft ‘For Sale’. Twitter Facebook Pinterest LinkedIn Email Reddit WhatsApp. The Piper M350 is the only current production pressurized piston-engine aircraft available today. As is so often the case- an operator needs to evaluate the factors they most value in an airplane – and these two turboprops excel in different areas.SummaryWithin the preceding paragraphs we have touched upon several of the attributes that business aircraft operators value. Now equipped with Garmin G1000 NXi, the M500 steps to the front of the line with the latest avionics innovations and connectivity capabilities. Average hourly rate including fixed and variable costs based on the number of annual flight hours. Larger fleet operators will have a network of pre-approved maintenance facilities around the World, reducing the costs and improving safety. Financial Calculator. Thus- we have plotted the 27 with asking prices.Demand and Value are on opposite sides of the same Price axis. The aircraft has a maximum operating altitude of 31,000', a normal cruise speed of 264 KTS/304 MPH, and a 749 NM/862 SM seats-full range. Some questions to ask yourself before committing to a crew budget: There are two primary companies who provide crew training and both offer discounts for large fleet operators. The market treats the Kodiak and Meridian in much the same way. Some high density locations offer shared hangar space which is offered on a first come-first served basis and is a good option for those who will be away from home base often. Compare the fixed costs, variable cost, and performance of over 500 jets, turboprops, helicopters and piston aircraft, with accurate data from Conklin & de Decker. phone +1 905-477-0107. Financial Calculator. Turboprop Aircraft. Aircraft Operating Costs Per Hour and Aircraft comparisons, Aircraft Performance Data and Other Aircraft Information Aircraft Operating Cost -PIPER quick links Main Menu Piston: Specifications The PIPER M350, manufactured from 2015-Present, requires a 1 person crew and can transport up to 5 passengers. Piper Meridian The Piper Meridian is a single engine turboprop that is typically outiftted with one cabin zone and has a range of 490 nm. The M500 combines jet-fueled performance, with state-of-the-art technology and safety features, and stylish, elegant luxury. Read More About: Operating Costs . What level of experience will you require for your pilot and copilot? The MERIDIAN M500 seats up to 5 passengers plus 1 pilot. 2006 Piper Meridian, 1747 Hours SNEW, Avidyne Glass Panel including Dual 10.4" PFDs and EX5000 MFD, Dual Garmin GTN650 Touch-Screen Navigators, S-TEC Magic... More Info Airmart - … It's rated for 1,000 shp (shaft horsepower), but Piper derates it on the Meridian to just 500 shp. The PIPER Cheyenne IIXL, manufactured from 1981 - 1984, requires a 2 person crew and can transport up to 5 passengers. This Piper Meridian is one of the best on the market. How long are your trips away from home base? My Saved Listings Updated: Mon, Dec 07, 2020 11:53 AM. 21. PIPER M350 Price and Operating Costs. You will then be presented with matching makes and models to choose from to view performance data, operating costs, and current aircraft for sale! - Airfleet Capital Finance Offer - US only. Get Insurance Operating Costs Apply for Financing. Call for price. Piper Meridian Operating Costs. Productivity can be defined (and it is here) as the multiple of three factors:1. Jet Charter . If you have a management company, they will often times pass their fleet discounts on to owners. fholbert August 15, 2009, 4:16pm #6. ymkg: Well, I can go commercial and pay for my four employees to go with me (having to stop at Hartsfield). The Kodiak 100- meanwhile- has a much greater payload capability at 1-220 pounds.However- sourced from Aircraft Cost Calculator and also represented in Table A- the Meridian burn 43 gallons of fuel per hour (GPH)- 4.4% less than the Kodiak 100 (45 GPH).Cabin VolumeAccording to Conklin & de Decker- the cabin volume of the Meridian (106 cubic feet) is significantly less than the Kodiak 100 (248 cubic feet).The Kodiak 100 is more than three feet longer and the cabin height is almost one foot taller than the Meridian. The volume of the Kodiak 100’s cabin is highly attractive to owners seeking aircraft that could be used to transport cargo as well as passengers.Powerplant DetailsAs mentioned- the Meridian aircraft has a single PT6A-42A offering 500 shp- with the Hartzell HC-E4N-3Q propeller. The M500 combines jet-fueled performance, with state-of-the-art technology and safety features, and stylish, elegant luxury. Hangar costs will vary greatly by region and airport. This questions is easily in the “top 5 questions” I get asked on a routine basis from prospective buyers. These costs are highly dependant on the routes you fly. How does the performance of the Piper Meridian stand up against Quest's Kodiak 100? Aircraft Performance & Operating Costs Simply choose a type of aircraft below. Piper’s current pressurized PA-46—the M350—is well north of $1 million. Get Aircraft Operating Cost Reports Now. Call for price. The Kodiak 100 is a 10-place single-engine turboprop utility airplane- designed for Short Take-Off and Landing (STOL) use and offering float capability.Brief HistoryIn 1997- Piper announced its intention to market a pressurized turboprop-powered version of the piston-powered Malibu- and flew a prototype the following year naming it the Meridian. Priced at nearly $1 million less than any comparable turboprop and with 30% less operating costs than any competitor the Meridian represents a tremendous value. Premium Listing. We added 50% more crew at 800 flight hours and double the crew expense for 1,000 hours. The aircraft has a maximum operating altitude of 25,000', a normal cruise speed of 201 KTS/231 MPH, and a 470 NM/541 SM seats-full range. The Meridian Piper’s Sole Turboprop Gets Down to Business. Unscheduled events are more difficult to manage and happen on the road such as a blown tire, bird or lightning strike. On the surface, propjets seem to offer the best of everything—if at a price. Piper’s Meridian is the most recent entry into the certified uniturbine market, a good idea that was finally born in 2001. Considering our 100 hour-per-year average, that’s $12,200. My usual response is, “it depends on a bunch of factors”. Average hourly rate including fixed and variable costs based on the number of annual flight hours. Designers have dreamed of fielding single-engine turboprops for years. The cabin volume available for passengers and amenities.The result is a very large number so for the purpose of charting- each result is divided by one billion. Get Insurance Operating Costs Apply for Financing. Unsave Save. The aircraft has a maximum operating altitude of 25,000', a normal cruise speed of 203 KTS/233 MPH, and a 113 NM/130 SM seats-full range. Now equipped with Garmin G1000 NXi, the M500 steps to the front of the line with the latest avionics innovations and connectivity capabilities. The aircraft has a maximum operating altitude of 35,000', a normal cruise speed of 291 KTS/335 MPH, and a 845 NM/972 SM seats-full range. Our expectations are that the Meridian aircraft will continue to do very well in the pre-owned market. Based on 450 annual owner-operated hours and $5.00-per-gallon fuel cost, the PIPER M350 has total variable costs of $121,500.00, total fixed costs of $72,950.00, and an annual budget of $194,450.00. The operating costs of business jets and turboprops are detailed by category, variable cost per hour, seats, maximum takeoff weight, range, maximum cruise speed, and engine information. It leads the piston pack with an impressive 213 ktas cruising speed, as well as the ability to cruise up to 25,000 ft in pressurized comfort. Most management companies will have fleet policies with discounted rates. PA-46-500TP aircrafts pdf manual download. That means it is operated significantly below capacity. A good management company will have most major jet fuel cards who negotiate discounts with the fuel providers (FBO's) and will check pricing prior to landing to better manage these costs. As a matter of fact, the Meridian is nearly $1 million less to purchase and 30% less to operate than its nearest single engine turbo prop competitor. The Kodiak 100 shows slightly more range coverage than the Meridian. Teaming the reliability of a jet engine with the thrust of a prop is, in many respects, an aeronautical engineer’s dream. 10 **Assuming you fly 100 hours a year, the engine overhauls will cost … The Meridian’s ‘Available payload with Maximum Fuel’ is 331 pounds. The number of aircraft in-operation- the percentage “For Sale”- and the average monthly number “Sold” over the past 12 months are from JETNET.As shown- the Meridian averages 15 aircraft sales per month over the past 12 months. Turboprops | This breaks down to $909.26 per hour. Others may choose different parameters- but serious business aircraft buyers are usually impressed with Price- Range- Speed and Cabin Size.After consideration of the Price- Range- Speed and Cabin Size- we can conclude that the Meridian as shown in the productivity index Chart D is productive compared to the Kodiak 100. By comparison- the Kodiak 100 aircraft also operates a single Pratt & Whitney Canada engine (PT6A-34 model)- offering more output at 750 shp.Cost Per Mile ComparisonsUsing data published in the May 2014 B&CA Planning and Purchasing Handbook and the August 2013 B&CA Operations Planning Guide we will compare our aircraft. The Piper M500 – with its lowest-in-class operating costs, simplicity of operation and safety features – fits that niche like no other aircraft can. Twitter Facebook Pinterest LinkedIn Email Reddit WhatsApp. Compare the fixed costs, variable cost, and performance of over 500 jets, turboprops, helicopters and piston aircraft, with accurate data from Conklin & de Decker. The MERIDIAN seats up to 5 passengers plus 1 pilot.