A Boeing 747-8, once a symbol of modern aviation, continues to captivate the world with its capabilities and costs. Despite the production line closing in 2023, the legacy of this widebody aircraft endures. The cost of operating a BBJ 747-8 is significant, estimated at $23,000 per hour when accounting for crew, insurance, and landing fees. Fuel alone can range from $50,000 to $150,000 per journey.
The purchase price for a pre-owned Boeing 747 starts around $150 million. However, if one desires luxury interiors featuring lounges or spiral staircases, additional costs can escalate by another $25–$50 million and take up to two years for installation.
"Fixed costs are expenses that stay stable no matter how many hours an aircraft is flown (in general)," according to Golden Epaulettes. These include purchase price and insurance among others. Pilots' salaries add to the expenses as they vary between $50,000 and $150,000 annually based on several factors.