What is the cost of owning a small plane?

The Bottom Line Many costs factor into the economics of small aircraft ownership. On average, a $75,000 financed Cessna winds up costing $200 per hour, if flown 100 hours per year, with $80 going toward fuel, oil and maintenance. Similar aircraft may be rented for about $125 per hour.

How fast can a small plane fly?

Conclusion. Single-engine planes are able to reach an average top speed of between 142 mph and 333 mph. They’re small but not fast because they have only one engine and other factors affect their speeds such as wind resistance, which can impede the plane’s progress and slow it down.

Is flying small aircraft safe?

So, while flying a small plane is still riskier than watching football, general aviation is safer than traveling by car. There are one tenth as many accidents per vehicle mile and the accident rate has steadily gone down since 1980. Pilot training is a lot tougher than what is required for a driver’s license.

What is the smallest jet plane?

According to the Guinness Book of Records, the world’s smallest jet plane in the world is the Bede BD-5. This miniature jet plane was created by Bede Aviation in the late 1960’s and hit the market as a kit plane.

What are the types of private planes?

Large cabin or heavy jets are the largest private planes, accommodating an average of 10 passengers comfortably. Planes like the Falcon 900 series, Gulfstream II and Challenger 605 are capable of flying nine hours or 4,000 miles nonstop.

What is a small jet?

A very light jet (VLJ), entry-level jet or personal jet, previously known as a microjet, is a category of small business jets seating four to eight people and often with a maximum takeoff weight of or under 10,000 pounds (4,540 kg), although the Embraer Phenom 100 , HondaJet and Cessna Citation M2 are all slightly over.