Buying an airplane isn't all about the upfront cost — it's an ongoing expense. In addition to the cost of purchase, you need to consider operating costs, maintenance, fuel, insurance, hangar charges, and pilot salaries.

Depreciation and overhauls also accumulate, with maintenance programs usually needed to help preserve resale value. Fuel and insurance alone can cost thousands per annum, depending on type and usage.

Whether a private jet or small piston plane, knowing the Aircraft cost of ownership is the gateway to intelligent decision-making. Anticipating upfront prevents surprises — and keeps your plane flying, not on the ground due to your wallet.