PIPER Meridian Price and Operating Costs
Specifications
The PIPER Meridian, production in 2001 – to present, requires a one man crew and can be configured in 5 seats. Maximum operating altitude of 30,000′, a optimal cruise speed of 261 knots/301 MPH, and a 476 NM/548 SM seats-full range. The PIPER Meridian has a 1,950′ runway length (or runway plus clearway and/or stopway) and 1,489′ actual landing distance required. Cabin specifications: 03’10” cabin high, 04’02” cabin wide, and 12’03” cabin long. Maximum luggage capacity of 20.00 ft^3; 20.00 ft^3 being internal and N/A ft^3 being external.
Pricing
Average price for used aircraft PIPER Meridian is $869,363.55. A $726,950.00 loan over 10 years including $3028.96 per month in interest equates to a $36,451.97 per-month payment. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the PIPER Meridian has total variable costs of $274,725.00, total fixed costs of $133,133.00, and hypothetical summary cost of $407,858.00. How much does it cost to fly: $906.35 per hour.
Maximal total range:
476 NM / 548 SM
Cruise speed:
261 knots / 301 MPH
Average price:
$869,363.55
Number of passengers:
5 people
PIPER Meridian |
Flying 450 Hours per Year | Flying 450 Hours per Year + 200 Charter Hours |
| Owner-operated hours | 450 | 450 |
| Charter-operated hours | – | 200 |
| Fuel Cost per-gallon | $4.25 | $4.25 |
| Fixed operation and maintenance cost | $133,133.00 | $-41,367.00 |
| Variable operation and maintenance cost | $274,725.00 | $274,725.00 |
| How much does a helicopter cost per year | $407,858.00 | $233,358.00 |
| Cost per hour | $906.35 | $518.57 |
PIPER Meridian |
High–low pricing |
| Highest Price | $1,191,000.00 |
| Lowest Price | $649,000.00 |
| Average Price | $869,363.55 |
| Avg. w/o High & Low | $858,111.00 |