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HondaJet 2600: operational costs analyzed amid growing interest

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Simple Flying | Simple Flying

By Sky Industry News

Dec 1, 2024

The HondaJet 2600, a new light jet from Honda Aircraft Company, is gaining interest among aviation enthusiasts and business travelers. The aircraft, which will be released under the name HondaJet Echelon, features a maximum range of 2,625 nautical miles and can accommodate up to 11 passengers.

According to industry experts, the acquisition cost of the HondaJet 2600 is estimated between $10 million and $12 million. This places it in competition with other light jets like the Embraer Phenom 300E and Cessna Citation CJ4. However, ownership involves additional operational costs.

Direct operating costs include fuel, maintenance, crew expenses, and landing fees. The jet's engines consume approximately 0.8 to 1 gallon of fuel per nautical mile. With Jet-A fuel priced at $6.50 per gallon, a flight covering its maximum range could cost between $13,650 and $17,063 in fuel alone. Maintenance costs are estimated at $300 to $500 per flight hour or up to $200,000 annually for 400 flight hours.

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Operating the HondaJet 2600 requires one pilot with an annual salary ranging from $100,000 to $150,000. Landing fees vary by airport but typically range from $100 to $500 per landing.

Indirect operating costs include insurance premiums estimated at $30,000 to $60,000 annually and hangar fees ranging from $12,000 to $36,000 per year. Depreciation affects resale value with an annual rate of 5-10%.

In total, annual operating costs for the HondaJet 2600 are estimated between $532,000 and $806,000. Its efficiency makes it appealing for corporate flight departments and charter operators who prioritize range and comfort.

"Compared to competitors in its class," the press release notes that "the HondaJet 2600’s fuel efficiency and single-pilot operation contribute to its lower operating costs."

Overall, while owning a HondaJet 2600 involves significant expenses, its design offers economic advantages within the light jet category.