Dreaming of owning a helicopter? It’s an exciting idea, but understanding the aircraft ownership costs is important before you leap. That’s why this blog will guide you through the major costs and how aviation loans can make your dream possible. Keep reading to get all the details you need!
Here Are All the Costs You Need to Consider
Owning a helicopter comes with several financial responsibilities. From the initial purchase to ongoing expenses, here’s a quick breakdown to help you plan better.
Initial Purchase Price
The first and most significant cost is the price of the helicopter itself. Prices vary based on size, type, brand, and features, ranging anywhere from hundreds of thousands to several million dollars. It’s smart to plan how you’ll pay for it, whether upfront or with the help of aviation loans.
Ongoing Maintenance and Inspections
Helicopters require frequent maintenance to keep them safe and airworthy. Routine inspections, repairs, and part replacements add to your aircraft ownership costs. These costs can vary but are unavoidable if you want your helicopter to stay in top condition.
Fuel and Operating Costs
Flying a helicopter isn’t cheap. Fuel costs can add up quickly, and you’ll also have other operational expenses like landing fees and crew wages. Make sure to include these in your overall budget.
Insurance and Storage
Insurance is a must to protect your investment. Policies vary depending on your helicopter and flying frequency. You’ll also need to store your helicopter safely, usually in a hangar, which also comes with fees.
How Financing Can Help with Helicopter Ownership
Feeling overwhelmed by the costs? Don’t worry. Helicopter financing can help make your dream of owning a helicopter a reality. With the right aviation loan, you can spread the payments and focus on enjoying your helicopter without the upfront financial burden.
Finance Your Helicopter with AirFleet Capital
Owning a helicopter is a thrilling experience, but smart financial planning is key. Being prepared will make ownership much easier, whether it’s the initial purchase or ongoing expenses.
And remember, with AirFleet Capital, you can finance the helicopter of your dreams through our loans. Just reach out to us today and start working on applying for financing.