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GENERAL |
Model |
Challenger 604 |
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Global
Express |
Global Express XRS |
Global
5000 |
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VARIABLE COSTS (Hourly) |
Fuel Expense |
$1,503.27 |
$1,208.00 |
$2,353.91 |
$2,108.21 |
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Maint,Labor Expense |
$394.12 |
$74.88 |
$385.02 |
$54.62 |
$54.62 |
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Parts Expense |
$322.50 |
$200.00 |
$267.95 |
$158.00 |
$148.00 |
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MiscellaneousTripExpense |
$402.11 |
$402.11 |
$445.59 |
$445.94 |
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Total Variable |
$2,622.00 |
$1,884.99 |
$3,452.47 |
$2,766.77 |
$2,739.46 |
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FIXED COSTS
(Annual) |
Hull Insurance |
$58,960 |
$60,238 |
$83,300 |
$83,247 |
$82,872 |
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Liability Insurance |
$29,000 |
$29,000 |
$29,000 |
$29,000 |
$29,000 |
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Hull Insurance per $100 |
$0.22 |
$0.22 |
$0.17 |
$0.17 |
$0.22 |
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Liability Insurance Per $M |
$145 |
$145 |
$145 |
$145 |
$145 |
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Maint. Software Programs |
$7,778 |
$7,778 |
NA |
NA |
$7,778 |
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Miscellaneous services |
$11,916 |
$11,614 |
$16,996 |
$16,996 |
$11,614 |
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PERIODIC COSTS |
Mid-life/Hot section Insection |
$301,974 |
NA |
$440,725 |
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NA |
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Engine Overhaul |
$842,044 |
NA |
$881,450 |
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NA |
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Overhaul Interval |
0C |
0C |
0C |
0C |
0C |
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Paint |
$108,400 |
$108,400 |
$174,600 |
$174,600 |
$161,800 |
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Interior Refurbishment |
$218,200 |
$218,200 |
$311,800 |
$311,800 |
$280,600 |
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Modem./Modif./Upgrade |
$61,800 |
$61,800 |
$70,100 |
$70,100 |
$61,800 |
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PERSONNEL COSTS |
Captain Salary |
$105,833 |
$105,833 |
$127,960 |
$127,960 |
$105,833 |
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First Officer Salary |
$82,078 |
$82,078 |
$85,660 |
$85,660 |
$82,078 |
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TRAINING |
Pilot Initial (Per pilot) |
$32,600 |
$32,100 |
$38,200 |
$38,200 |
$38,300 |
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Maintenance Initial |
$8,400 |
$8,200 |
$17,800 |
$12,200 |
$12,200 |
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FACILITIES(Annual) |
Hangar/Office Lease Expense |
$144,664 |
$ 144,664 |
$147,075 |
$147,075 |
$144,664 |
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Miscellaneous Office Expense |
$52,012 |
$52,012 |
$54,268 |
$54,268 |
$52,012 |
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Manufacturer:Bombardier Model |
Challenger
605 |
Global Express XRS |
Global 5000 |
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Dimensions
(ft) |
External |
Length |
68.4 |
99.4 |
96.8 |
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Height |
20.7 |
25.5 |
25.5 |
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Span |
64.3 |
94 |
94.0 |
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Internal |
Length (OA/Net) |
28.3/25.5 |
48.4/43.2 |
42.5/37.3 |
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Height |
6.1 |
6.3 |
6.3 |
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Width:Max/Floor |
8.2/7.2 |
8.2/6.9 |
8.2/6.9 |
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Baggage |
Internal |
Cu. ft/lb |
115/900 |
195/1,000 |
195/1,000 |
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External |
Cu. ft/lb |
- / - |
- / - |
- / - |
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Weights(lb) |
Max Ramp |
48,300 |
98,250 |
87,950 |
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Max Takeoff |
48,200 |
98,000 |
87,700 |
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Max Landing |
38,000 |
78,600 |
78,600 |
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Zero Fuel |
32,000c |
56,000c |
56,000c |
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Airport
Performance |
TO (SL elev., ISA temp.) |
5,840 |
6,190 |
5,000 |
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TO (5,000’@25°C) |
9,165 |
7,880 |
6,650 |
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Hot/High Weight Limit |
47,535 |
94,513p |
87,113 |
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***A IFR Range |
4,054 |
5,912 |
4,800 |
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Ceilings(ft) |
Certificated |
41,000 |
51,000 |
51,000 |
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All-Engine Service |
38,250 |
42,400 |
44,600 |
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Engine-Out Service |
20,000 |
18,000 |
20,600 |
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Sea-Level Cabin |
23,200 |
30,125 |
30,125 |
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Cruise |
Long Range |
TAS |
437 |
470 |
470 |
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Fuel Flow |
1,891 |
2,951 |
2,860 |
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Altitude |
FL 410 |
FL 430 |
FL 470 |
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Specific Range |
0.231 |
0.159 |
0.164 |
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High Speed |
TAS |
470 |
499 |
499 |
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Fuel Flow |
2,437 |
3,741 |
3,508 |
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Altitude |
FL 370 |
FL 410 |
FL 430 |
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Specific Range |
0.193 |
0.133 |
0.142 |
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Whilst only in the fray since the early ’80’s with the Challenger 600 ( formerly owned by Canadair ), Bombardier has come a long way to challenge the Gulfstream dominance.
The 600 was an outcropping of the reknowned Bill Lear school of thought but unfortunately was disappointing in terms of performance and overall reliability. I flew the Challenger in the mid-eighties alongside a Gulfstream III in the flight department....the Challenger never left the US.
The change to GE engines gave the model line up, starting with the 601, a significant boost amongst buyers of transcontinental and quasi-intercontinental aircraft. The range of this model line-up only began to approach the Gulfstream GIV after the introduction of the Challenger 601-3A-ER and the later 604 and 605.
A gradual refining of the model up to the present 605 has given the Challenger additional market credibility, although the cabin still suffers from the ’short but wide’ syndrome. Buyers at this level must consider the trade-off between fuel-efficiency and cabin ergonomics.
The jump to the truly ultra-long-range class with the introduction of the Global Express in 1998/9 was remarkable and a defining moment for Bombardier. The impressive cabin volume prompted Gulfstream to respond by sculpting out as much interior as possible back to the airframe of the GIVSP / GV so as to give the impression of greater cabin space.
The latest iteration is the Global Express XRS, competing head-to-head with the G550. The XRS over the Global Express has the same range-tweaking as the Gulfstream G550 over the GV but the G550 has a later generation cockpit, albeit with no real FAA-approved safety enhancements.
HUD and EVS/BEVS are extremely valuable additions in the cockpit, but are not yet authorized for use in any specific flight regimen. Global Express XRS buyers will have to wait three years or so for a cockpit upgrade.
The latest clever twist in the Bombardier line-up is the Global 5000. This jet has the same cabin cross-section as the Global Express but is truncated somewhat ( six feet shorter in the cabin ) and flies circa 4800 nm.
The Global 5000 is a direct and strong competitor to the G450 but Bombardier really needs to address support issues to make this jet a category killer.
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The 604’s have really fallen off the cliff with regard to availability and prices with well over forty for sale and prices suffering accordingly. Nothing over the $18MM mark for a real sale and no sign of even "opportunity buyers" in this segment.
605’s have increased only slightly in ’for sale’ listings (18) but have not escaped the pricing pressure. Recent enquiries to ’new position’ sellers point to a very aggressive drop to mid-$20MM’s in some cases.
Global Expresses have now well and truly started a downward trend in pricing after resisting for quite some time. A thirty percent increase in availability since the last update has not helped the pricing. Aviatrade has been in discussion with brokers for at least two very good examples in the mid-low $20MM’s. There appeasr to be no end to the priceslide as yet.
XRS’s have tripled in numbers on the market since we last wrote. Obviously leading to a break in the unjustifiably high asking prices of only two months ago. A 2008 model with less than 100hours recently sold for $41MM USD. There is plenty of softening in the ’09 positions too. Global 5000’s....same story but at least some activity. Again, the cabin is the big selling point but without the fuel tank modification, these prices are going to be squeezed.
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