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Piper Meridian

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General Information

Start Model Year

2001

End Model Year

In Production

Engine Count

1

Typical Passengers

5

Model Class

Turboprop - Single Engine

Up to - Passengers

5

Performance
Range Compare Ranges Based on zero wind, ISA conditions, no runway or temperature restrictions, and four passengers at long-range cruise speed.	490
Max Cruising Speed Based on zero wind, ISA conditions, no runway or temperature restrictions, and four passengers at maximum cruise speed.	267
Ceiling (feet)	30,000
Take off Distance (feet)	2,000
Landing Distance (feet)	1,170

Cabin Dimension
Height (feet)	3.90
Width (feet)	4.20
Length (feet)	12.30
Cabin Zones	1
Cabin Diagrams	Meridian cross section and floor plan are not currently available for comparison.

Aircraft Dimension
Tail height (feet)	11.3
Wing span (feet)	43
Length (feet)	11.3
Max Takeoff Weight (lbs.)	5,092

Current Market
Ask Price Min	$750,000
Ask Price Max	$1,795,000
Model Year Min	2001
Model Year Max	2014
Total Time Min (hours)	83
Total Time Max (hours)	3,800
% of Fleet for Sale	7.55%
# For Sale	42

Financial: Annual Fixed Costs
Crew Crew cost is the average total of crew salary assuming a 30% benefit. The typical crew for each model class is: Light: 2 Pilots Midsize: 2 Pilots Super Midsize: 2 Pilots Long Range: 2 Pilots, 1 Flight Attendant Ultra-Long Range: 2 Pilots, 1 Flight Attendant Turboprop- Single Engine: 1 Pilot Turboprop- Twin Engine: 2 Pilots Aircraft larger than a light jet assumes up to 350 hours per year with a typical crew. More than 350 hours per year may require additional staffing.	$120,250
Hangar	$20,900
Hull Insurance Hull insurance is estimated at 0.15% of the purchase price of an aircraft.	$1,909
Liability Insurance Liability Insurance Estimates:	$20,000
Miscellaneous	$4,012
Annual Amount	$167,071

Financial: Variable Hourly Costs
Fuel Consumption (gallons per hour)	48
Fuel Cost (at $5.00 per gallon)	240
Maintenance	$282
Engine Reserves	$228
Miscellaneous	$75
Total Cost / Per Hour	$825

Financial: One Year Summary at 300 Hours per Year
Purchase Price Purchase price is the average of the current high and low asking prices.	$1,272,500
Market Depreciation (%) Annual market depreciation is calculated by Guardian Jet as a compounded yearly rate of depreciation since the first year a model was in production to the current year.	6%
Market Depreciation ($)	$76,350
Total Fixed Costs	$167,071
Total Variable Costs Based on 300 hours per year.	$247,500
Total Cost of Operation Total Cost of Operation is the sum of market depreciation, fixed costs, and variable costs.	$490,921
Create A Custom Cash Flow	What will it cost to buy, fly and sell these aircraft? Meridian cash flow projection >

Technical Comparison
Engine Manufacturer	Pratt & Whitney Canada
Engine Model	PT6A-42A
Hourly Rate /engine Hourly rate for all engines is representative of engine manufacturers program rate, and is intended for comparison only.	$135
Overhaul Interval (hours)	3,600
Overhaul Cost	$150,000
Mid Life Interval	1,800
Mid Life Cost	$75,000
Typical Avionics Suite	Meggitt Magic or Garmin G1000

Note: All data is for reference purpose only.