I'd like to try to zero base this for a new G-V

Let's say $80 million for a new fully finished aircraft, and an expected time in service of about 40,000 hours.

This gives us depreciation expense of $2,000/hr.

reserve for engine overhaul would be about $1,000/hr.

reserve for airframe maintenance would also be about $1,000/hr.

fuel at about 800 gal/hr, at $5/gal would be $4,000/hr.

Insurance at $100,000/yr, and assuming 1,500 flt hrs/yr would be $667/hr

home hangar rent about $100,000/yr with 1,500 hrs/yr is $667

a round trip with an RON including landing fees, crew hotels, possible hanger fees, and possible deicing is highly variable, but easily between $500 and $3,000. Lets assume $1,000 for the round trip.

According to NBAA data, a G-V Captain for a major corporation can expect to make in excess of $130,000 and a co-pilot can make about $75,000. Add about 25% for fringe and overhead, and this comes to $256,000/yr/crew.

flying 1,500 hr/yr needs two crews, so that gives pilot crew costs of $512,000/yr. at 1,500 hrs/yr, this means a crew cost of $340.

a G-V will also normally carry 1-3 flight attendants, so let's say another $100/hr.

add another $200/hr for catering (depending on load and distance)

This all adds up to about $10,100 per flight hour, plus $1,000 for each RON.

I'd have to say that the quote of $20,000 for a round trip is quite in line for a large cabin bizjet.

Joe