The Total Cost of Ownership of a Jet or Turboprop: Everything Beyond the Purchase Price
The purchase price is the number everyone quotes and the least important one in the decision. What actually determines whether ownership works is the total cost of ownership — the fixed costs that accrue whether you fly or not, the variable costs per hour, the periodic costs that arrive in lumps, and the depreciation almost nobody models properly. Build the TCO line by line and a €6m aircraft reveals its real cost: often €2m a year all-in, and an all-in cost per hour that decides the whole question.
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