Beechcraft planes have a reputation for quality and reliability in the aviation world. Whether you’re interested in purchasing a piston single, piston twin, turboprop, or jet aircraft, Beechcraft has a variety of options to suit your needs. With a wide range of models on the market, determining the cost can be quite challenging as it often depends on factors such as the aircraft’s age, condition, and features.
Beechcraft aircraft prices differ depending on model and condition. For instance, a new Beechcraft Bonanza G36 can cost around $914,000, while a used model might range from $300,000 to $400,000. The top-tier Beechcraft King Air 350i can fetch prices up to $8 million. Annual operational costs, including insurance, storage, and maintenance, could add anywhere from $10,000 to $25,000, further influencing the total cost of ownership.
Table of Contents
Overview of Beechcraft
Beechcraft is a renowned aircraft manufacturer known for producing high-quality aircraft for various purposes, including business, personal, and special mission flights. Beechcraft’s origin dates back to 1932 and is now a part of Textron Aviation.
Hawker Beechcraft, the previous iteration of the company, was founded in 2006 after the merger between Beech Aircraft Corporation and Raytheon Corporate Jets by Raytheon. However, Hawker Beechcraft closed their doors in 2013, and the organization now operates under Textron Aviation, a leading general aviation company based in Wichita, Kansas.
Some of the popular aircraft models produced by Beechcraft include:
- Beechcraft Bonanza G36
- Beechcraft Baron
- Beechcraft King Air 360
- Beechcraft King Air 350
For instance, the Beechcraft Bonanza G36 has a price of around US$0.99 million as of 2019. The Beechcraft King Air 360 is another popular aircraft produced by this manufacturer, featuring cabin improvements, lower cabin altitude, and design cues found in luxury SUVs. Meanwhile, the Beechcraft King Air 350 comes at a current price of around $8.1 million.
The prices of Beechcraft airplanes can vary depending on the model, age, and additional features. Regardless of the specific model, you can be assured of the craftsmanship and quality synonymous with the Beechcraft name. Whether you are a pilot or a flying enthusiast, Beechcraft airplanes provide a reliable and enjoyable flying experience.
Types of Aircraft Produced
The King Air is a line of twin-turboprop aircraft that serve various roles, such as business and utility transport. They come in different sizes and configurations, including the King Air C90GTx, King Air 250, and King Air 350i. With a range of up to 1,800 nautical miles and seating for up to 11 passengers, the King Air series is popular among private and corporate owners.
One of Beechcraft’s most iconic planes is the Beechcraft Bonanza G36. This single-engine aircraft has been in continuous production for over 70 years, making it the longest-produced aircraft in history. Originally designed as a six-seater, the Bonanza G36 can now accommodate up to 7 people. With a range of up to 1,200 nautical miles and a cruise speed of 202 mph, the Bonanza G36 is a reliable choice for private aircraft owners who value performance and efficiency.
The Hawker 800 is a mid-sized private jet that has been in production since the early 1980s and is well-received for its speed, range, and comfort. With a maximum cruising speed of 0.8 Mach (452 mph) and a range of 2,500 nautical miles, the Hawker 800XP offers an impressive combination of speed and efficiency for private jet users.
Types of Beechcraft Aircraft and Their Costs
Beechcraft offers a variety of aircraft types to suit different needs and preferences, including turboprop and private jets. The Beechcraft King Air series is one of the most popular and versatile turboprops on the market. The King Air 360 is the latest model in this series, offering increased performance, range, and comfort.
Private jets from Beechcraft, such as the Hawker 800XP, cater to those seeking a more luxurious and faster travel experience. The Hawker 800XP has a maximum cruising speed of 0.8 Mach (452 mph) and a range of 2,500 nautical miles. It also provides seating for 8 to 12 people, making it an excellent choice for business or leisure trips.
Examples of Beechcraft Aircraft Costs
Beechcraft King Air 360
- Purchase price: The exact price of a Beechcraft King Air 360 can vary depending on customization, finishing options, and market trends. Reach out to a Beechcraft sales representative for accurate pricing information.
- Fixed costs: Estimated annual fixed costs for operating the King Air 360 amount to approximately $377,008 as mentioned here. Fixed costs include expenses like insurance, storage fees, pilot salaries, and annual maintenance checks.
- Variable costs: These costs are dependent on how many hours the aircraft flies per year. Fuel consumption is the primary variable cost associated with the operation of a King Air 360. The more hours flown, the higher the fuel and other usage-based expenses.
Hawker 800XP
- Purchase price: Just like the King Air 360, the exact price of a Hawker 800XP depends on various factors like age, usage, and customization options.
- Fixed costs: Similar to the King Air 360, fixed costs include insurance, storage fees, pilot salaries, and annual maintenance checks specific to the aircraft type. Keep in mind that private jets tend to incur higher fixed costs than turboprops.
- Variable costs: Just like with the King Air 360, the variable costs of the Hawker 800XP are mainly based on the number of flight hours and fuel consumption. Additional usage-based expenses, such as engine and avionics maintenance, can also vary depending on flight demands.
Some Notable Purchases
It’s not just GA pilots that purchase Beechcraft airplanes. There have been some notable purchases of Beechcraft aircraft over the years, reflecting their popularity and adaptability in various sectors:
- U.S. Air Force: The Beechcraft King Air series, particularly the King Air 90 and King Air 350, has been used by the U.S. Air Force for transportation and reconnaissance missions.
- Royal Flying Doctor Service of Australia: This organization has purchased Beechcraft King Air planes for providing emergency medical transport services in the remote areas of Australia.
- Surveillance and intelligence companies: Customized Beechcraft planes, equipped with advanced surveillance and intelligence technology, have been used by various private and government organizations worldwide.
By catering to such a diverse clientele, Beechcraft aircraft continue to be a popular choice for various aviation needs. Their versatility and performance remain highly valued across different sectors, making them a top choice in the market.
Comparison with Other Manufacturers
Cost Comparison
Beechcraft aircraft are typically more expensive than their competitors in the general aviation market, such as Piper and Cessna. For instance, Beechcraft aircraft models like the Bonanza 36 and Baron 58 often come with a higher price tag compared to similar-sized Piper and Cessna models. The increased costs are due to factors such as aircraft size and complexity as well as the performance capabilities of Beechcraft models, which are generally superior to their counterparts from other manufacturers.
Factors Influencing Cost Differences
There are several factors that influence the cost differences between Beechcraft aircraft and those from other manufacturers:
- Size and complexity: Beechcraft models are often larger and more complex than competing models from other companies, resulting in higher manufacturing costs. These larger, more advanced aircraft are designed to offer greater performance capabilities, making them more appealing to professional pilots and owners who need powerful aircraft for their operations.
- Performance: As mentioned earlier, Beechcraft aircraft generally provide better performance specifications such as higher range and cruise speed compared to their competitors. This can translate to increased operating costs for owners, thus driving up the overall cost of ownership.
- Market competition: The general aviation market is highly competitive, with numerous manufacturers vying for customers. There are various pricing strategies in play, with some manufacturers focusing on attracting customers with lower prices, while others, like Beechcraft, prioritize performance and capabilities.
To sum up, Beechcraft aircraft tend to be more expensive than their counterparts from other manufacturers like Piper or Cessna, but they also offer exceptional performance capabilities. When considering a purchase, it is essential to balance individual needs and budgets with the specific aircraft features and long-term costs of ownership.
Operating Costs
Breakdown of Operating Costs
The operating costs of a Beechcraft plane can be divided into two main categories: fixed costs and variable costs.
Fixed Costs: These are the costs that remain constant regardless of the number of hours the aircraft flies. Some key fixed costs include:
- Insurance: Yearly insurance costs depend on the type and age of the Beechcraft aircraft.
- Hangar: Monthly hangar fees will depend on the location and size of the hangar.
- Crew Training: Required crew training involves periodic expenses, including initial training and recurrent training for pilots and cabin crew members.
Variable costs for aircraft operation increase in line with flight hours. Here’s a quick example for a Beechcraft King Air 360:
- Fuel Cost: At a burn rate of 60 gallons per hour and an average cost of $5 per gallon, fuel costs can be roughly $300 per flight hour.
- Maintenance: Generally, maintenance can run anywhere from $300 to $600 per flight hour, depending on the aircraft’s condition and age.
- Crew/Landing/Handling: Crew costs could range from $50 to $100 per hour, and landing fees can vary widely, from $100 to $500 per landing, depending on the airport. Aircraft handling could add another $100 per flight.
- Engine Overhaul: An engine overhaul can cost upwards of $200,000 but spread over the engine’s lifespan (say 2,000 flight hours), this equates to about $100 per flight hour.
- Miscellaneous Variables: These might run about $50 to $100 per flight, covering costs like catering and cleaning.
Return on Investment for Buyers
When considering purchasing a Beechcraft plane, it’s essential to analyze the return on investment (ROI) from both financial and practical perspectives. Some critical elements to consider include:
- The primary purpose of the aircraft (e.g., personal or business use)
- The anticipated annual flight hours
- Potential tax benefits and depreciation
- The ability to offset costs via charter operations, if applicable
- Resale value and market demand for the specific Beechcraft aircraft model
Before you buy a Beechcraft plane, make sure to check out both the fixed and variable costs. This way, you can see if buying one fits your budget and lifestyle. Don’t forget to consider all the extra costs too, so you can figure out your return on investment (ROI). Doing your homework will help you make a smart decision about getting your own plane.
History of Beechcraft
Founding and Key Milestones
Beechcraft is an American brand of civil aviation and military aircraft that traces its roots to the pioneers of aviation. Originally, it was a brand of Beech Aircraft Corporation, which was known for quality, reliability, and value, setting benchmarks in the industry (source). In 1994, the Beech Aircraft Corporation and Raytheon Corporate Jets units merged to create the Hawker Beechcraft Corporation. The company has produced a range of aircraft, from light single-engined aircraft to twin-engined turboprop transports, business jets, and military trainers.
Some key milestones in Beechcraft’s history include:
- 1932: Founded by Walter Beech, Clyde Cessna, and Olive Ann Beech in Wichita, Kansas.
- 1994: Beech Aircraft Corporation merged with Raytheon Corporate Jets to form Hawker Beechcraft Corporation.
- 2006: Hawker Beechcraft Corporation was officially founded.
- 2013: Hawker Beechcraft Corporation closed its doors.
- 2014: Textron Aviation acquired Beechcraft, making it an American brand owned by Textron Aviation.
Current Status in the Aviation Industry
Since the acquisition by Textron Aviation in 2014, Beechcraft has continued designing, manufacturing, and supporting a range of civil aviation and military aircraft. The company currently operates within the Textron Aviation portfolio, along with other well-known brands such as Cessna and Bell. Beechcraft’s headquarters remain in Wichita, Kansas with maintenance and support locations worldwide.
Final Thoughts
Choosing a Beechcraft plane means investing in quality, reliability, and prestige. Whether you’re considering a reliable piston single like the Bonanza G36 or a top-tier King Air 350i turboprop, you’re looking at a significant range of prices, anywhere from a few hundred thousand to several million dollars.
Operating costs will add up too, potentially around $10,000 to $25,000 annually. Even with those numbers, the comfort, performance, and longevity of Beechcraft aircraft can make it a solid investment. Just make sure to weigh all the costs involved before you dive in!