Ready to take flight with your very own Diamond Aircraft? Prices soar from the nimble DA20 at around $200,000 to the luxurious DA50 RG, setting you back about $1.15 million.
Not to be overlooked, the versatile DA40 asks for $350,000, while the twin-engine DA42 climbs to $750,000. At the apex, the spacious DA62 starts at $1.25 million.
Whether you’re a solo adventurer or in charge of a commercial fleet, this quick pricing guide is your ticket to navigating the high-flying world of Diamond Aircraft. Fasten your seatbelts; your aviation dream is just a purchase away!
Table of Contents
Types of Diamond Aircraft
Diamond Aircraft Industries is the third-largest manufacturer of general aviation aircraft, producing a range of general aircraft. Some of their most popular models include the DA62, DA40, and DA50 RG. This section will give a brief overview of these aircraft types and their features.
The DA20 is a nimble 2-seat single-engine aircraft, perfect for primary flight training, leisure flying, and short distance travel. Delivering an optimum mix of simplicity and performance, the DA20 features:
- Engine: Continental IO-240 engine
- Performance: 130 ktas maximum cruise speed, maximum takeoff weight of 800 kg, and an endurance of up to 5 hours
- Product Features: Easy handling with quick roll rate, advanced Garmin avionics, and a low-wing construction that aids in maneuverability and visibility.
- Price: Around $36,000 second-hand.
The DA40 is a versatile 4-seat single-engine aircraft, perfect for personal flying, instruction, and cross-country transportation. Featuring a unique blend of practicality and efficiency, the DA40 offers:
- Engine: AE2100 turbocharged diesel engine
- Performance: 140 ktas maximum cruise speed, maximum takeoff weight of 1,265 kg, and an endurance of over 5 hours
- Product Features: FADEC (Full Authority Digital Engine Control), advanced Garmin G1000 NXi avionics, and high-wing construction for increased visibility
- Price: Around $350,000
The DA42 is an adaptable 4-seat twin-engine aircraft, ideal for long-distance travel, advanced training, and multi-engine transition training. Embodying a balance of functionality and efficiency, the DA42 offers:
- Engine: Two AE300 turbocharged diesel engines
- Performance: 180 ktas maximum cruise speed, maximum takeoff weight of 1,800 kg, and an endurance of over 7 hours
- Product Features: FADEC (Full Authority Digital Engine Control), cutting-edge Garmin G1000 NXi avionics, and high-wing construction for superior visibility.
- List Price: Around $750,000
The Diamond DA50 RG is a retractable gear, single-engine aircraft with a luxurious design and a powerful V-6 engine. The DA50 RG is anticipated to make waves in the general aviation market for its excellent performance and design:
- Engine: Continental CD-300 diesel V-6 engine
- Performance: 181 ktas maximum cruise speed, maximum takeoff weight of 1,600 kg, and a range of 1,175 nm
- Product Features: Advanced Garmin G1000 NXi avionics suite, elegant interior, and 5-seat configuration with options for customization
- List Price: Around $1,150,000
The Diamond DA62 is a twin-engine 7-seat aircraft, known for its performance and efficiency. The cost of a Diamond DA62 ranges from $1.08 to $1.69 million. Its variable and operational costs are roughly $92,925, equating to $374.17 per hour. With a sleek design and comfortable interior, the DA62 is an excellent choice for personal and business use.
- Engine: 2x Austro Engine AE330 turbocharged diesel engines
- Performance: 194 ktas maximum cruise speed, maximum takeoff weight of 2,200 kg, and a fuel consumption of 11.8 gph
- Product Features: Garmin G1000 NXi avionics suite, FIKI (Flight Into Known Icing) certified, and spacious cabin
- List Price: $1,250,000
Operation Costs for Diamond Aircraft
DA20: With a fuel burn of about 6 gallons per hour, the DA20’s operating costs are relatively low for a training or personal aircraft. Maintenance is also typically less costly due to its simple design and reliable engine.
DA40: The DA40’s fuel burn is approximately 9-10 gallons per hour, leading to slightly higher operating costs than the DA20. Insurance, hangar costs, and maintenance would be somewhat higher, but still reasonable given its capabilities.
DA42: Twin-engine aircraft like the DA42 have higher operating costs due to their additional engine and complex systems. Fuel burn is approximately 12-14 gallons per hour and maintenance costs are higher.
DA50 RG: The DA50 RG, with its retractable gear and high-end design, has more substantial operating costs. It features a diesel engine with a fuel burn of around 10 gallons per hour. Maintenance, insurance, and hangar costs will be higher due to its advanced features and systems.
DA62: The DA62 has the highest operating costs among Diamond’s lineup. As a twin-engine, seven-seat aircraft, fuel burn is about 14-16 gallons per hour and maintenance costs are significantly higher due to its complex systems and larger size.
Comparison with Other Manufacturers
When comparing say the Diamond DA62 with aircraft from other manufacturers, it is important to consider factors like price, maintenance, and insurance costs, as well as performance features like operating altitude and rate of climb.
- Single-engine: Diamond DA40, a single-engine aircraft from Diamond Aircraft, can have lower maintenance costs compared to its twin-engine counterpart.
- Insurance costs: Insurance rates for aviation can vary greatly depending on factors like the age and type of aircraft, pilot experience, and coverage limits.
- Maintenance: Diamond aircraft are known for their relatively low maintenance costs, which can be partly attributed to their use of efficient and reliable Austro engine technology.
- Variable costs: The variable and operational costs of the DA62 can be around $92,925 annually or roughly $374.17 per hour.
- Loan: Financing options for purchasing a Diamond aircraft may vary depending on factors like credit score, down payment, and loan term.
Who Buys Diamond Aircraft Planes?
Diamond Aircraft are popular among flight schools, private pilots, and charter companies, who all have unique requirements for their operations. Flight schools, in particular, often show a keen interest in Diamond Aircraft due to their efficiency and ease of operation.
- Flight schools: Many flight schools find light aircraft like the Diamond DA20 and DA40 to be excellent training platforms, providing an optimal balance of performance and operating costs. Their simple instrumentation and modern design make them an ideal choice for new pilots looking to gain experience in the air.
- Private pilots: Diamond aircraft are widely beloved by private pilots for their comfort, fuel efficiency, and advanced avionics systems. Aircraft like the Diamond DA40 NG offer a practical and versatile solution for personal flying, cross-country transportation, and other general aviation needs.
- Charter companies: The larger Diamond DA62, for example, provides seating for up to 7 passengers, making it an attractive option for charter companies aiming to transport clients in comfort and style on short to medium-range routes.
While specific purchase data is not available, noteworthy entities like Embry-Riddle Aeronautical University and the Royal Canadian Air Force have incorporated Diamond Aircraft into their fleets.
- Embry-Riddle Aeronautical University: This prestigious aviation school utilizes Diamond DA42 and DA62 aircraft for its flight training programs. Both planes are known for their reliability, advanced systems, and excellent performance, making them suitable for teaching aspiring pilots.
- Royal Canadian Air Force: As part of its pilot training programs, the Royal Canadian Air Force has procured Diamond DA20 planes as primary trainers, highlighting the aircraft’s effectiveness in preparing future pilots for more complex, advanced aircraft.
The market for Diamond Aircraft continues to expand as more entities in the aviation industry recognize the value and benefits that these planes offer. Their efficient performance, comfortable cabin layouts, and advanced avionic systems make them an attractive option for a wide range of customers seeking reliable and modern light aircraft.
Process and Requirements for Individual Purchase
Purchasing a Diamond Aircraft can be straightforward. First, interested buyers can browse through available aircraft models on the manufacturer’s website. Popular models include the DA62, DA42, and DA40, each with unique specifications and features.
For example, the Diamond DA62 comes equipped with state-of-the-art Garmin G1000 NXi flight deck technology and boasts impressive safety features. This aircraft has won prestigious awards, such as the German Design Award, Aerokurier Innovation Award, and Fliegermagazin Award, making it a popular choice among individual buyers.
Next, buyers can contact authorized dealers or brokers to inquire about the aircraft’s price and availability. A new Diamond DA62, for example, costs between $1.08 million and $1.69 million, with an average price of $1.25 million.
Feasibility of Individual Ownership
Individual ownership of a Diamond Aircraft is feasible, particularly if the owner has a specific purpose for the aircraft, such as personal transportation or business travel. These aircraft are known for their efficiency, safety, and cutting-edge technology, making them an attractive option for private owners.
Here are some notable features of Diamond Aircraft:
- Safety: Diamond Aircraft are built with an emphasis on safety, featuring a strong and lightweight carbon fiber composite construction.
- Efficiency: Diamond Aircraft models like the DA40-180 STAR can cost between $179,000 to $450,000 for well-maintained used models. The operational costs for a DA62 are roughly $374.17 per hour, making them an efficient choice for individual owners.
- State-of-the-Art Technology: Diamond Aircraft are equipped with advanced avionics such as the Garmin G1000 NXi, providing a superior flying experience for pilots.
Overview of the Aircraft Manufacturer
History of the Manufacturer
Diamond Aircraft Industries, founded in 1981, started as a small manufacturing company based in Austria. Over the years, Diamond has evolved into a leading name in the general aviation industry. The company was initially established by the Dries family, focusing on producing motor gliders and general aircraft. Diamond Aircraft’s main production and assembly facility is situated at the Wiener Neustadt East Airport in Austria.
In addition to its Austrian headquarters, Diamond Aircraft opened a subsidiary in Canada to expand its reach in North America. The company has been recognized for its innovative designs, efficient production, and commitment to fuel-efficient and eco-friendly general aviation aircraft.
Current Status in the Aviation Industry
As the third-largest manufacturer of general aviation aircraft, Diamond Aircraft has become a prominent figure in the industry. The company’s portfolio includes a diverse range of single and twin-piston aircraft, known for their safety, efficiency, and reliability.
In 2017, Diamond Aircraft became a part of Wanfeng Aviation, a Chinese-owned corporation, further solidifying its position in the market by leveraging new resources and opportunities for growth.
By focusing on engineering safe and efficient aircraft, Diamond Aircraft has established a strong reputation in the aviation community. The company’s resourcefulness and innovative spirit guarantee continued success and growth within the industry.
In wrapping up, Diamond Aircraft offers a range of quality planes for different budgets – from the DA20 at around $200,000 to the luxury DA62 at over $1.25 million. It’s crucial to consider the running costs too, as these can add up. These aircraft are popular with flight schools, private pilots, and charter companies, thanks to their advanced tech, safety, and efficiency.
Diamond Aircraft is a reputable manufacturer known for high-quality, innovative, and eco-friendly planes. But like any big purchase, it’s essential to weigh the costs against your needs. Now, you have some of the info you need to make an informed decision. Happy flying!