How much does a 747 cost to buy?

In 2019, a single 747-8 Intercontinental cost $418.4 million. Meanwhile, the freighter variant was for sale for $419.2 million per unit. Comparing the cost of the initial 747-100, the price of the 747-8 is lower after taking inflation into account.

How much does a Boeing 747 cost?

According to Boeing's current list prices, a brand new 747-8 would be worth $418.4 million, while its freighter sister is listed slightly higher at $419.2 million.

How much does it cost to buy a used 747?

There are no 747s available at the moment, but an answer on Quora, the Q&A website, estimates that used one might cost between $10million and $100million.

How much does an old 747 cost?

Depending on numerous factors, the average price for a pre-owned BOEING 747-400 is $20,000,000.00. A $10,000,000.00 loan over 120 months including $41666.67 per month in interest equates to a $501,437.15 per-period payment.

Can I buy an old 747?

As long as you follow the proper regulations for private jets, there is no reason why you couldn't buy and fly a 747. The oldest 747-8 is only ~8 years old. It's not that second hand ones aren't occasionally offered up for sale, but if you're restricting yourself to the -8, don't expect a lot of great deals.

How Much Is A Boeing 747-400 Worth In 2021?

How much does it cost to fill a 747 with fuel?

Seats to fill

A 747 can seat 380 to 560 people, depending on how an airline sets it up. A full one is a moneymaker. But an airline that can't fill all the seats has to spread the cost of 63,000 gallons of jet fuel — roughly $200,000 — among fewer passengers. The jets also are too big for most markets.

How much does it cost to fly a 747 per hour?

More engines lead to higher prices. The average airborne operating cost of a Boeing 747-400 is between $24,000 and $27,000 per hour, around $39.08 to $43.97 per mile, using approximately $15,374 in fuel per hour.

Can you buy a retired plane?

Secondhand market. Of course, not all aircraft are scrapped as soon as their operating airline is finished with them. There is a strong trade in secondhand aircraft, and many airlines are willing to purchase a used aircraft rather than a much more expensive new one.

Can anyone buy a plane?

Aircraft are available new or used. The price range for planes is vast: A new general aviation jet will cost you at least $1 million, but some used single-engine propeller planes go for under $40,000. Even though you have an idea of what kind of plane you want to buy, you'll need to see what's available.

How much is a scrap plane worth?

Once a jet has been stripped bare of usable parts, its metal frame is redeemed for scrap value. A 747 can fetch up to $55,000 for its scrap alone.

Can someone own an airport?

Private airports can also be airports that are owned and operated by private individuals and are not open to anyone then those who own it. However, access to a private airport is not completely out of the question if you have the pre-approval of the owner or operator of that airport.

Who owns a 747?

Prince Al Waleed bin Talal's private 747-400

The world's second-largest private jet, a Boeing 747-400, belongs to Prince Al Waleed bin Talal. Number 45 on Forbes' list of the wealthiest people in the world, the Saudi Arabian royal and investor owns chunks of companies across the US, Europe, and the Middle East.

Who owns the most expensive plane in the world?

The world's most expensive private jet belongs to Prince Alwaleed bin Talal of Saudi Arabia who owns an Airbus A380 with a price tag of over 500 million USD.

How much do pilots earn?

According to The Occupational Outlook Handbook, the Bureau of Labor Statistics, the salary for commercial pilots is $93,300 per year, which was the the median annual wage in May 2020. The median annual wage for airline pilots, copilots and flight engineers is $160,970.

How much is a 747 to rent?

The B747-400, best known as the world's fastest commercial jetliner, has the capability of carrying up to 660 passengers in a partial double deck configuration. The average hourly rental rate of the Boeing 747-400 is around 30,950 USD per hour.

How much does the pilot of Air Force One get paid?

Presidential pilots earn the same base salary as any other pilot with their rank and experience. According to the 2020 military pay charts, a pilot flying Air Force One would make somewhere in the region of $134,124 USD per year.

What is Air Force One worth?

The U.S. Air Force has disclosed that the average per-hour flight cost to operate its two VC-25A Air Force One aircraft was $177,843 in Fiscal Year 2021. This was actually down the price point to fly and maintain these highly specialized presidential aircraft as of 2015, which the service had pegged at $206,337.

How much do 747 pilots make?

The national average salary for a Boeing 747 Pilot is $56,896 per year in United States.

Can a 747 land without engines?

The higher you get, the less dense air is, which reduces friction and allows reaching higher speed. An engine failure means that the plane is going to have less power and will be forced to fly at a lower altitude. That is enough to warrant an emergency landing. The same can be said about the Boeing 747.

How much did a 747 cost in 1970?

Boeing 747-100

The 747-100 was the first variant of the Boeing-747. This plane was first used in 1970, and the first units of this plane were sold for $24 million at that time, which would be approximately $160 million in today's money.

How much is jet fuel per gallon?

Jet A Fuel

As of April 15, 2021, Jet Fuel A was priced at an average of $4.81 per gallon in the United States. If you multiply that by the typical tank size of a commercial aircraft (3,500 gallons), filling up your plane with Jet A fuel may cost you somewhere around $16,835 in total.

How much does jet fuel cost?

Worldwide, the average price of jet fuel is about $4.15 per gallon, or about 149 percent more than a year ago, according to the International Air Transport Association (IATA).