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1982 Turbo Arrow IV Operating Economics Guide - Piper Aircraft Corporation

1982 PIPER TURBO ARROW IV (PA-28RT-201T)

1982 PIPER TURBO ARROW IV (PA-28RT-201T)

Estimated Aircraft Ownership and Operating Expense

Total Operating Expense (Schedule I)

Type Aircraft: 1982 TURBO ARROW IV (PA-28RT-201T)
Business Usage: 100%
Assumed Hours Per Year: 500
Assumed Years of Ownership: 7

  Estimated Expense (A) Estimated Expense
Net of Tax Savings (B)
Assumed Purchase Price $ 117,150  
Estimated Resale Value $ 70,290  
Expense of Asset $ 46,860 $ 46,860
Tax Savings:    
Less 46% Tax Bracket (C)   ($ 21,556 )
Less 10% Investment Tax Credit (D)   ($ 11,715 )
Net Investment Expense $ 46,860 $ 13,589
Net Investment Expense Per Year $ 6,694 $, 1,941
Net Investment Expense Per Hour $ 13.39 $ 3.88
Operating Expense/Hour - Schedule II $ 46.67 $ 25.20
Travel Expense Per Hour $ 60.06 $ 29.08
Travel Expense Per Nautical Mile
141 Knots Block Speed at 65% Power
$ .426 $ .206
Travel Expense Per Seat Nautical Mile    
2 Seats $ .213 $ .103
3 Seats $ .142 $ .069
4 Seats $ .107 $ .052

Fuel Consumption - Nautical Miles Per Gallon 12.2 (Statue miles per gallon 14.0) @ 65% Cruise Power & 10,000 Feet P.A.

(A) Before Tax Savings.
(B) This column is presented for example purposes only and it should be understood that all tax situations can vary significantly and your tax advisors should be consulted.
(C) Reflects Federal Tax savings only.
(D) Providing maximum tax limitation has not been exceeded.

Variable and Fixed Expenses (Schedule II)

Annual Fixed Expense
Hangar Rental — $ 100 Per Month $ 1,200  
(1) Insurance    
Hull — $ 250 Deductible $ 1,933  
Liability - Single Limit — $ .5 Million $ 292  
Total Annual Fixed Expense $ 3,425  
Operating Expense Per Hour Fixed
Expense
Variable
Expense
Fixed Expense Per Hour — 500 Hours $ 6.85  
(2) Fuel — 11.6 GPH at $1.95 Per Gal. $ 22.62  
(3) Oil $ .85  
(4) Inspection and Maintenance $ 8.15  
(5) Engine (Exchange) $ 7.12  
(6) Prop Overhaul $ .46  
(7) Avionics Maintenance Reserve Per Hour $ .62  
Total Operating Expense Per Hour $ 46.67 $ 39.82
  1. Hull insurance computed at current average rates for an IFR equipped aircraft.*
  2. Fuel expenses are computed at a consumption rate for 65% power with allowance for start, taxi, take-off, climb, cruise, and descent.
  3. Oil expenses are based on a normal consumption rate of 1/2 pint per hour, oil change every 100 hours, oil filter expenses and oil expense of $7.00 per gallon.
  4. Inspection and maintenance expenses are based on a programmed inspection schedule, include miscellaneous repairs, and parts with oil filter change at 50 and 100 hours.
  5. Engine exchange allowance is computed for manufacturer's recommended engine life of 1800 hours at remanufactured engine exchange expenses and includes labor and accessories.
  6. Expense computed at 1000 hours propeller overhaul — includes removal and installation expenses.
  7. Expense computed for an average Dual NAV/COM package with Transponder, ADF, and an Autopilot System.

1982 Turbo Arrow IV Operating Economics Guide - Piper Aircraft Corporation

*Rates are for Private and Corporate owners and do not apply to Commercial operations. Rates may vary depending upon pilot qualifications, experience and other related factors.

Piper Aircraft Corporation reserves the right to make changes in specifications, materials, equipment or prices at any time without prior notice or to discontinue models as required.

Publication Number: 995-2-254
Published: 8-1-81 Printed in USA

PIPER
More airplane for the dollar.

Piper Aircraft Corporation, Lock Haven, PA 17745

Member of GAMA

GG Archives REF: BPPAC-013-1981-BW-BRO

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