Acquisition Cost will be according to 1/2 or 1/3 share position of the specific aircraft purchase. All shares of any particular aircraft will either be all financed or all non-financed. KingAir Partners prefers aircraft acquired through the Raytheon Resale Program due to the confidence in maintenance and operating history. However, other aircraft will be considered upon special request and based upon the completion of a Phase 1-4 inspection.
*Monthly fixed and Hourly cost example for King Air C90 1/3 and 1/2 owner position (typical aircraft acquisition cost ) - 1/3 share $400 - $800,000. 1/2 share $600 - $1,200,000.
Monthly Fees: (1/3 share partner / no hour limits / available every 3rd week plus when available)
Hanger $ 500.00
Insurance 1,200.00
Crew 2,500.00
Management 500.00
Total Monthly Fixed: $4,700.00 per 1/3 share partner*
$7,050.00 per 1/2 share partner*
Hourly Expense: Per Hour Direct Operating Cost
Fuel @ cost * $280.50 example (66 gal/hour @ $4.25 per gal)
Maintenance reserves* 150.00 (parts and labor)
Misc. trip expense 63.60
Total Hourly Cost: $ 494.10
*Monthly Fixed Cost are estimates and actual cost may vary depending on an owners special requirements
*1/2 share owners will have the aircraft available every other week plus when available with no limits to occupied hours
*Fuel cost will be discounted at each aircraft base of operations through KAP negotiations and passed on to each owner.
*Engine maintenance reserves will be based on the individual aircraft and will consider time remaining until inspection or overhaul and/or an existing engine maintenance program
*All cost except Management, Crew and Hanger may vary according to the specific aircraft situation and therefore all cost shown by KAP should be considered for budget purposes only.
