Sovereign+

The inside of an airplane with leather seats.

General Information

Start Model Year: 2013

End Model Year: 2020

Fleet Size: 98

Engine Count: 2

Typical Passengers: 9

Model Class: Jet - Midsize

Up to - Passengers: 12

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Performance

Range: 2,773

Max Cruising Speed: 444

Ceiling (feet): 45,000

Take off Distance (feet): 3,260

Landing Distance (feet): 2,235

A large jetliner sitting on top of an airport runway.

Dimensions

AIRCRAFT DIMENSION

Tail height (feet): 20.3

Wing span (feet): 72.3

Length (feet): 63.5

Max Takeoff Weight (lbs.): 30,755

CABIN DIMENSION

Height (feet): 5.7

Width (feet): 5.5

Length (feet): 25.3

Cabin Zones: 2

Cabin Diagrams

FLOOR PLAN

CABIN CROSS SECTION

Current Market

Ask Price Min: $11700000

Ask Price Max: $16500000

Model Year Min: 2014

Model Year Max: 2019

Total Time Min (hours): 894

Total Time Max (hours): 3,168

% of Fleet for Sale: 9%

# For Sale: 9

A large jetliner taking off from an airport runway.

Technical Information

Engine Manufacturer: Pratt & Whitney Canada

Engine Model: PW306D

Hourly Rate /engine: $345

Overhaul Interval (hours): 6,000

Overhaul Cost: $6000000

Mid Life Interval: 3,000

Mid Life Cost: $1000000

Typical Avionics Suite: Garmin G5000

APU Model: Honeywell RE100

Financial Value

Based on 300 hours a year

FINANCIAL: ANNUAL FIXED COSTS

Crew: $408000

Hangar: $75600

Hull Insurance: $21150

Liability Insurance: $35000

Miscellaneous: $8000

Annual Amount: $547750

FINANCIAL: VARIABLE HOURLY COSTS

Fuel Consumption (gallons per hour): $274

Fuel Cost (at $5.00 per gallon): $1721

Maintenance: $1120

Engine Reserves: $850

Miscellaneous: $250

Total Cost / Per Hour: $3940

FINANCIAL: ANNUAL SUMMARY

Typical Purchase Price: $14100000

Market Depreciation (%): 9.88%

Market Depreciation ($): $1393080

Total Fixed Costs: $547750

Total Variable Costs: $1182216

Total Cost of Operation: $3123046

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Ready to buy or sell?

Timing is critical. It is imperative to buy shares when prices are at their lowest and sell them when prices are at their highest.
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