Univ of South Carolina N351GC FY 2016 & 2017 Operating Expenses

(With Pilot Salaries)

FY 15-16 FY 16-17 Avg
Annual Fix Costs
Total Crew Salaries (2 Full Time Pilots) $144,374.88 $149,066.88 $146,720.88
Crew Training (Full Time & Part Time Contract Copilots) $11,590.00 $12,910.00 $12,250.00
Hangar Rental $8,124.00 $8,520.00 $8,322.00
Insurance $20,001.62 $22,005.10 $21,003.36
*Aircraft Misc. $7,407.96 $8,642.30 $8,025.13
Total Fixed Cost $191,498.46 $201,144.28 $196,321.37

Annual Variable Costs

**Fuel Cost $99,029.36 $101,139.15 $100,084.26
Total Maintenance $105,300.71 $101,785.48 $103,543.10
***Crew Misc. $32,325.83 $33,305.47 $32,815.65
Total Variable Cost $236,655.90 $236,230.10 $236,443.00

Total Annual Cost $428,154.36 $437,374.38 $432,764.37

Total Flight Hours 224.1 202.9 213.5
Total Cost per Flight Hour $1,910.55 $2,155.62 $2,033.08

*Miscellanous Aircraft Expenses include Garmin Jeppesen Avionics Navigation Database/ Pubs , XM AviationWeather & ForeFl
Subscriptions, NBAA and CAA fees, aircraft cleaning supplies and a one time purchase of 8 passenger hearing protection headset
16-17

** Landing Fees and off site hangar rental are included under Fuel Costs as these are paid for with our aviation contract fuel cred

*** Crew Misc. includes full time pilot travel expenses, part time contract copilot's payments & travel expenses and annual FAA
viationWeather & ForeFlight
aring protection headsets in FY

viation contract fuel credit card.

xpenses and annual FAA flight physicals.

108650.71 300

3350 600
105300.71 300
300
300
300
890 100
1075 300
729.12 300
2694.12 300
4269.64 250
6963.76 3350

796.74

3380 33297.12
4830
8210
25087.12
3091.97
28179.09