Aircraft Partnership Calculator
Calculate co-ownership costs for an aircraft partnership. See buy-in cost, monthly fixed costs, and cost per hour for each partner.
Inputs
Results
Buy-In per Partner
$40,000.00
≈ 4 years of state college
Annual Cost per Partner
$4,433.33
≈ 4 smartphones
How to Use This Calculator
- Enter the aircraft's fair market value ($) and the number of equal partners.
- Set annual insurance, hangar, and maintenance costs for the aircraft.
- Enter expected flight hours per partner per year.
- Review buy-in per partner, monthly fixed cost share, and cost per hour flown.
- Compare annual cost per partner to flying-club hourly rates to assess the partnership's value.
How the result changes with Number of Partners
| Number of Partners | Buy-In per Partner | Annual Cost per Partner |
|---|---|---|
| 1.9 | $63,157.89 | $7,000.00 |
| 4.15 | $28,915.66 | $3,204.82 |
| 6.85 | $17,518.25 | $1,941.61 |
| 9.1 | $13,186.81 | $1,461.54 |
What each input means
- Aircraft Value
- Current market value of the aircraft.
- Number of Partners
- Total number of co-owners in the partnership.
- Annual Insurance
- Total annual insurance premium for the aircraft.
- Annual Hangar Cost
- Total annual hangar or tie-down cost.
- Annual Maintenance
- Estimated total annual maintenance and inspection costs.
- Hours per Partner/Year
- Expected flight hours per partner per year.
What each result means
- Buy-In per Partner
- Equity cost for each partner.
- Monthly Fixed Cost
- Monthly share of fixed expenses.
- Fixed Cost per Hour
- Fixed costs allocated per flight hour.
- Annual Cost per Partner
- Yearly fixed cost share.
- Equity Share
- Ownership percentage per partner.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersAircraft Value = 120000, Number of Partners = 3, Annual Insurance = 3500, Annual Hangar Cost = 4800 = 6 input(s) provided
- Calculate Buy-In per PartnerBuy-In per Partner40000 = $40,000
- Calculate Annual Cost per PartnerAnnual Cost per Partner4433.33 = $4,433.33
- Calculate Monthly Fixed CostMonthly Fixed Cost369.44 = $369.44
- Calculate Fixed Cost per HourFixed Cost per Hour73.89 = $73.89
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