However, owners may also wish to consider aviation hull war insurance and crew insurance.Īviation hull war insurance provides cover for loss of the aircraft due to war, hijack, confiscation, malicious damage and other similar risks. This are two essential pieces of insurance for private jets. Therefore, in the event of a total loss, insurers will pay the agreed value as opposed to the current market value.
Hull insurance policies are agreed on a value basis. This then leads to the second part of private jet insurance – hull insurance. While exact details will vary from policy to policy, cover is generally not provided for the pilot in command or the actual aircraft. Third parties in this case include passengers, cargo and baggage. This provides cover against loss, damage or injury to third parties. In simple terms, there are two types of insurance that private jets must have. The hourly charter price is the aircraft’s hourly variable cost, along with factoring in fixed costs and broker fees. This is because, per hour, charter flights cost more. Of course, this hourly variable cost is different to that of the estimated hourly charter price. Therefore, the estimated hourly variable rate for operating the Bombardier Challenger 604 is $3,005. This is how much extra the aircraft will cost you per flight hour. Therefore, the estimated variable cost for private jets is presented as an hourly figure. Therefore, flying 500 hours per year will result in variable costs 10 times greater than if you were to fly 50 hours per year. See this to learn about private jet fuel costs.Ĭlearly, the more you fly the aircraft, the more fuel it will use. One of the biggest costs when flying by private jet is fuel. The best example of a variable cost in this case is fuel use. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. What is Fractional Ownership of a Private Jet?.Everything You Need to Know About Renting a Private Jet.Other Bombardier models currently in productionĬompare over 150 private jet models in the Private Jet Performance Guide. A 1982 Challenger 600 with 6,505 hours is listed for sale at $495,000. Two 2017 used Challenger 650s are both listed for sale at $16.5 million. Long-Range Cruise Speed: 425 mph Baggage Spaceġ15 cubic feet, all interior and accessible from the passenger cabin Accessĭedicated Jet Card – Yes Challenger 650/605/604/601/600 Pricing Range: 4,000 nautical miles with 6 passengers and 2 crew Speed Large Cabin/Heavy Jet Challenger 650 Cabin Size and Passengers Bombardier’s Challenger 650 seats between 8 and 12 passengers. Fleet SizeĪs of February 2021, Amstat lists over 1,000 Challenger 650/605/604/601/600s in service
The large cabin Bombardier Challenger 650 was the follow-up to the Challenger 605 (production from 2007 through 2015), Challenger 604 (1996 to 2007), Challenger 601 (1986 to 1996), and Challenger 600 (1981 to 1983). Production End: In Production Challenger 650 Related Models While lacking the range of Bombardier’s Global line of large-cabin private jets, the Challenger 650 has a nonstop range from New York to London, between Dubai and London, or from the West Coast to Hawaii. The original went into service in 1981, and the most recent – the Challenger 650 – has been in production since 2015.Ī new Challenger 650 is $32 million while used early model Challenger 600s can be had for under $1 million.
#BOMBARDIER CHALLENGER SERIES#
Private Jet Card Comparisons In the NewsĬhallenger 650/605/604/601 profile, including current pricing, manufacturing dates, cabin size and passenger capacity, range, speed, baggage space, fractional ownership, and jet card optionsįeatured by NetJets and VistaJet, over 1,000 of Bombardier’s Challenger 650 series are in active service, including the Challenger 605, Challenger 604, Challenger 601, and Challenger 600.Private Jet Industry Breaking News and Analysis.Lowest Private Jet Charter costs compared for the most popular routes.Fractional Aircraft Ownership Comparisons by Company.The Ultimate Restaurant Guide for Private Jet Travelers.Private Jet Safety: Key Questions to Ask.
#BOMBARDIER CHALLENGER HOW TO#
Private Jet Charter: How to rent a private jet.Things to Consider Before Buying a Private Jet Card.Private Jet Fractional Ownership and Leases – A Complete Guide.Private Jet Charter – Frequently Asked Questions.Frequently Asked Questions about Jet Cards.
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