How much do airplanes cost to manufacture?

Firing up production

Aircraft Family	Production Rate (per month)	Average Price
737	42	$103.4 million
747	0.5	$387.2 million
767	2	$202.6 million
777	7	$344.2 million

How much aluminum is in a 747?

According to a post in the Science-Based Life blog, the 747-400 consists of 147,000 pounds (66,150 kg) of high-strength aluminum.

What are the most common metallic materials used in aircraft construction?

The metals used in the aircraft manufacturing industry include steel, aluminium, titanium and their alloys. Aluminium alloys are characterised by having lower density values compared to steel alloys (around one third), with good corrosion resistance properties.

Is aluminum used in airplane parts?

Aluminum is ideal for aircraft manufacture because it’s lightweight and strong. Aluminum is roughly a third the weight of steel, allowing an aircraft to carry more weight and or become more fuel efficient. Furthermore, aluminum’s high resistance to corrosion ensures the safety of the aircraft and its passengers.

How much does a scrapped 747 cost?

Once a jet has been stripped bare of usable parts, its metal frame is redeemed for scrap value. A 747 can fetch up to $55,000 for its scrap alone.

How much fuel does a 747 burn?

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).

What raw materials do airlines use?

Raw materials majorly used in the aerospace industry are aluminum & alloys, titanium & alloys, composites, steel & alloys, and superalloys.

How strong is aircraft aluminum?

A high-grade alloy with excellent fatigue resistance, 2024 is used primarily in sheet forms such as for the fuselage and wings due to its high tensile strength of roughly 470MPa. Of the non-heat treatable grades of alloy, 5052 provides the highest strength and is highly ductile, so it can be formed into various shapes.

How much does aluminum cost per metric ton?

Daily Aluminum Price. $ 1,738.56. per metric ton. Last Updated: September 23, 2020, 1:01 am. Prices updated daily. It’s called aluminum by the Americans and aluminium by the British, but everyone agrees that it’s the third most abundant element in the world next to oxygen and silicon. About 8 percent of the world’s mass is made up of it.

Why does the price of aluminum go up and down?

In general, during good economic growth the price of this mineral can rise due to increased use of the metal for various consumer goods and for construction. The prices go down during an economic slowdown. Aluminum is used for many devices including electronic gadgets and sports equipment.

How much does it cost to operate a general aviation aircraft?

Table 4-10 summarizes general aviation aircraft operating cost per flight hour by each of the economic values categories. While the average total cost per hour is about $1,600, it ranges from about $300 per hour to over $10,000 per hour, depending on the size, complexity and age of the aircraft within each group.

Is aluminium a good investment?

It’s also strong when used as an alloy, as it’s never used as pure aluminum. The alloys can have as much as 99\% aluminum, as it’s reinforced by other metals like copper, zinc, manganese, magnesium, and silicon. Many people can invest in this metal because its price can really fluctuate wildly.