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Piper Meridian

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The Piper Meridian is a single engine turboprop that is typically outiftted with one cabin zone and has a range of 490 nm. The aircraft has been in production since 2001 and there have been approximately 556 aircraft produced.

Piper

Meridian

General Information

Start Model Year: 2001

End Model Year: In Production

fleet sizeFleet Size: 532

Engine Count: 1

passenger iconTypical Passengers: 5

Model Class: Turboprop - Single Engine

 passenger iconUp to - Passengers: 5

Piper Meridian range ring

Performance

Range (Long):490 nm (907 km)

Range (Max Cruise):

Range (Seats Full):

Cruising Speed (Long Range):

Cruising Speed (Max Cruise):267 ktas (494 km/h)

Ceiling (feet):30,000 ft (9,144 m)

Take off Distance (feet):2,000 ft (610 m)

Landing Distance (feet):1,170 ft (357 m)

Compare Aircraft Ranges

Dimensions

AIRCRAFT DIMENSION

Tail height:11 ft 3 in (3.4 m)

Wing span:43 ft 0 in (13.1 m)

Length:11 ft 3 in (3.4 m)

Max Takeoff Weight:5,092 lbs (2,310 kg)

CABIN DIMENSION

Height:3 ft 10 in (1.2 m)

Width:4 ft 2 in (1.3 m)

Length:12 ft 3 in (3.7 m)

Cabin Zones:1

Current Market

Ask Price Min:$695,000

Ask Price Max:$1,875,000

Model Year Min:2001

Model Year Max:2015

Total Time Min (hours):542

Total Time Max (hours):43,005

% of Fleet for Sale:7%

# For Sale:38

Technical Information

Engine Manufacturer : Pratt & Whitney

Engine Model : PT6A-42A

Hourly Rate /engine USD: $135

Overhaul Interval hrs: 3,600

Typical Avionics Suite : Meggitt Magic or Garmin G1000

Financial

Based on 300 hours a year

FINANCIAL: ANNUAL FIXED COSTS

Crew:$120,250

Hangar:$20,900

Hull Insurance:$1,928

Liability Insurance:$20,000

Annual Amount:$163,078

FINANCIAL: VARIABLE HOURLY COSTS

Fuel Consumption (gallons per hour):48

Fuel Cost (at $6.28 per gallon):$301

Maintenance (5 Year Avg. Hourly Cost):$282

Engine Program:$228

Total Cost / Per Hour:$811.44

FINANCIAL: ANNUAL SUMMARY

Based on 300 hours a year

Typical Purchase Price:$1,285,000

Total Fixed Costs:$163,078

Total Variable Costs:$243,432

Total Cost of Operation:$483,610

Market Depreciation (%):CALL US

Market Depreciation ($):CALL US

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