How much does it cost to buy an old 747? There are no 747s available at the moment, but an answer on Quora, the Q&A website, estimates that used one might cost between $10million and $100million.
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But it could cost up to £1,000,000 and beyond if you wanted to buy something more sophisticated such as a turboprop. But the top-end for new piston-engine aircraft tends to be around £600,000, and many will be less than £250,000.
Hundreds of millions brand new? According to Boeing's current list prices, a brand new 747-8 would be worth $418.4 million, while its freighter sister is listed slightly higher at $419.2 million.
Also known as the Queen of the Skies, the 747 boasts a maximum fuel capacity of 63,000 gallons with slight variations between models. With today's fuel prices, it costs about $450,000 to fill up a Boeing 747, depending on your market.
Sure, the 747 is a Type Certified and airworthy aircraft, the FAA does not really care who owns it so long as they play by the rules. Boeing even sells them directly to the private market via their BBJ line.
A Boeing 747 can endure about 35,000 pressurization cycles and flights—roughly 135,000 to 165,000 flight hours—before metal fatigue sets in. 747s are retired after approximately 27 years of service.
In a ceremony that was broadcast live online, the aircraft was handed over to its new owner, US air cargo operator Atlas Air, at Boeing's plant in Everett, Washington.
As of Sep 22, 2023, the average annual pay for the Boeing 747 Pilot jobs category in Staten Island is $100,515 a year. Just in case you need a simple salary calculator, that works out to be approximately $48.32 an hour. This is the equivalent of $1,932/week or $8,376/month.
Larger planes like the Boeing 747, on the other hand, have fuel jettison systems. If the aircraft tried to land without dumping the fuel first, it is considered an overweight landing attempt and could place immense stress on the airframe. It could also increase the risk of fire and fuel leaking onto the tarmac.
No more 747s are being made, but Boeing notes that they're still taking flight. The 1970s version even inspired one man to build a ground-based replica. We are proud that this plane will continue to fly across the globe for years to come, Boeing's Smith said. Copyright 2023 NPR.
The B747-400, best known as the world's fastest commercial jetliner, has the capability of carrying up to 660 passengers in a partial double deck configuration. The average hourly rental rate of the Boeing 747-400 is around 30,950 USD per hour.
For the shortest trip, driving is slightly more economical than flying. But for the longer cross-country trip, flying is far cheaper. And keep in mind that this only considers solo drivers. Families or friends traveling in one vehicle can save money by driving, even on longer routes.