How Much Does It Cost To Lease A Boeing 747-400 Monthly? 

Annual award to Simple Flying for most random video topic of the year.

Fun fact: Today (26 September 2021) is 767's 40th first flight anniversary 🎉

Kindly make a video on cost of flying the jumbo with maintenance expenses so we cud understand the economics of airline companies.

50-100k isn’t bad honestly, could probably pay for that in a couple of flights in a perfect world

might be cheaper to just buy one at this point if you are gonna use it for more than a few months...

I’d fly it around the world

To borrow a phrase from William Henry Davies, and with due apologies too, if I lease a Queen, I will find time To Stand and Stare.

THIS IS NOT COMPLETE & IT IS MISLEADING! Why no mention hourly overhaul reserves for the airframe, APU, engine and landing gear maintenance and shop visits?? THIS IS USD $1300 - $1800+ PER (BH) BLOCK HOUR FOR A B737-400 X THE NUMBER OF BLOCK HOURS THE AIRCRAFT FLIES PER MONTH.....

Wow, i have the money to lease one of these in my back pocket! (for about 2 seconds worth of lease)

cheaper than i was expecting.

I wouldn’t mind renting a 747-400 even for one night.

Around 100 000 per month does not sound very bad. It does not mean that I will lease one. But let's see... on the trunk routes 747-400 is outdated and whatever but there are routes between some relatively frequently flown destinations. Let's say the route is flown back and forth 20 times a month. The cost of leasing is 2500 dollars per flight. You can charge passenger, say, 200 euros per flight. For the rent of the plane you have to sell 12,5 tickets. Now, a B747-400 burn something like 10 tons of fuel per hour during cruising. I do not the precise costs of fuel and it changes around the World and according to political situations and so on. So, how about 700 dollars for a ton, and, thus 7000 dollars for an hour. Then there are two or three highly paid guys sitting in the cockpit, the rest of the crow also get some cents for their effort, the aircraft maintenance, airport fees etc. And by the way: etc! Thus: 100 000 a month sounds anything that expensive. You can also go to bank, lend, say, 100 millions and by the aircraft. The yearly interest is one per cent. Only. Thus, one million per year and that divided by 12 is 83 333... marks. Then, add the paying the loan itself! In, say, 10 years your aircraft is worthless. Have you paid your bank loan before that? If you get in a trouble with your air line, you can just end the leasing contract according to your agreement. If you bought your aircraft but do not have any incomes, you are still paying the costs until you can pay your debt back. Is there anybody interested in buying your aged aircraft? How long does it take? Day by day, the worth of your aircraft is falling, flown or not! It should also be maintained, flown or not! Let's put the 747 you leased for a totally different business. The whole interior is changed and now the aircraft has 100 miniature cabins and works as a cubicle hotel by an airfield. You charge 100 dollars per night. You need 1000 guests per month. 33 per night. That is only for the leasing. You need more paying guests for maintaining the aircraft and so on. Maybe you do not have enough accountants around the year but you can fly your hotel to different destination according to the fluctuating demand. I do not think that this calculation makes any sense right away. I am just trying to figure the sum in the scale of the business an old 747 can be used for. All this just a kind of playful philosophy for me, as, I guess, the most of you, too!

That was a lot less than i thought

the fees are very mild, but of course they are for really worn-out models on the market. And of course now we have to actually operate the damn thing.

So, about the same as a decent apartment in Central London…..

Ok It means I should start saving money 🤔

I’m not quite sure I understand how this works out to be financially advantageous for the leasing company.

Great video. It would be wonderful to see a similar video outlining the additional costs. I know a lot of it varies and isn't well documented/public, not to mention the exclusive futures contracts on fuel, personnel, landing fees, and services like de-icing, but wide ballpark numbers at least would be interesting.

It is incredibly cheap 100k a month means that in 20 years the leaser will make just 24m profit For example, a320 costs like 100m

Okay guys how about a contro? I'll put 1000 from my side!

If I had enough money, I would fly out at 7:47 in a circle between Chicago and Phoenix Las Vegas and back to Chicago. Every flight between Chicago and Phoenix is jam packed

In fact of the 53 Boeing 747 400 passenger version still in service, 40 of them are airline operators and here's the list Air Atlanta Icelandic : 4 Air China : 3 Air India : 4 (Not Retired) Asiana Airlines : 1 (will retired in 2024) Atlas Air : 7 but some are charter flights only Iraqi Aiways : 2 Lufthansa : 8 (all will retired in 2025) Mahan Air : 1 Rossiya : 9 And Terra Avia : 1

I could sell my house and lease one for a few months.... but maybe I wont!

They switched over to the 747-8

What a flight cycle definition?

Beautiful., really like this type of aircraft.

You'd have to ship some very high value cargo to make it worthwhile. Those big birds were retired because they are extremely inefficient in terms of fuel. Peak Oil is real, folks.

I would use it for cargo

True,expensive,very.

If I could afford it, I would hire one for a month just because I could...... I absolutely adore the 747-400, she's a proper classic.

How exactly did Richard Branson lease a 747 on his credit card, as said in his autobiography??? Would make a good video!

Good Lord how do airlines make any money?

Cool

I am interested in the Combi model (400M).

Great! Well that sorts out which plane I'm going to use to get my private pilot's licence... :P

Interesting. If I had the money I would lease one for a month with pilots crew and any of family to go and get some sunshine for two weeks and would look after the pilots and crew aswell.

I’d just buy the plane instead, preserve the beast :3

You know I'd conduct trade of commodities.

$105k/month is nothing. This is 1% of its total operating costs

What’s better though? Owning your fleet or leasing them?

really enjoyed this video! are the assumed lease prices month-to-month or would they be discounted for a longer term? also, wet-leasing would bundle come of the operating cost. How much would that add to the standard lease?

Thank you for sharing this video ❤❤❤

2:57

Rossiya 747 400 are probably former transaero airlines.

Overflight fees seem like robbery. Just my opinion though.

Is this wet or dry lease?

There is an interesting story in Richard Branson's autobiography about the founding of Virgin Atlantic and how Branson (not knowing how you go about starting and airline or leasing/buying an airplane) called up I think Boeing and just asked about acquiring a 747 (took a while to convince the Boeing people that he was serious and then they explained how and where he could lease one)

Quick

Hmm

Does that include the hours on the engines?

That's less than I expected. $300m purchase, 30y lifespan, $10m / year, shouldn't it be closer to $1m a month? Or these have already recouped their cost?

If I could lease a 747 for a month... It's see how many times I could fly around the globe, and how many countries I could visit. I'd have a large section cleared out and turned into a dance floor... with a DJ and a disco ball!

I’d rent it during peak seasons like Christmas or July and fly only on high traffic routes coast to coast. Look at a fill every seat approach possibly using a minimum bid process. Love the 747! Still try to take flights on KE to Seoul with the 747-8!

Not as expensive as one might think about the lease rates of the various 747 planes...but adding the extra cost of actually flying the plane that is another story.

Plz plz Make a series of the lease rates of various aircraft or at least of each type From Turboprop, Narrow body, Wide body……….. etc

Surely you could set up a 1 aircraft airline and have a route that just flies around the planet, so if people want they could just stay onboard and fly around the world!?

I want to know the deal Iron Maiden had on their 747-400 when they did their Book of Souls tour in 2016-2017. It was owned by the charter flight company Bruce Dickinson flies with. In past lives it was used to transport pilgrims to and from Mecca.

would rather lease a 747-8 or a 787 or A350, good baseline though!

Tasty

So what are the operational and maintenance costs when leasing a 747-400? perhaps another video?

Odd I looked into the idea of starting an airline and was quoted $1.2 million to lease an ATR-72, that was to cover the first three months. I figured that way high but didn't think it would be cheaper to lease a 747. (The airline idea was mostly a thought exercise not overly serious)

These leaae rates are actually a bargain!

Its sad that the most popular 747 variant only has 30 active its sad

Thanks for your informative video on the Lease of the Boeing 747 . This seems to be the DRY LEASE . At the conclusion this appears to be confirmed by your defining of it as sans everything except the aircraft. Interested to know the extra cost of the average Jumbo WET LEASE. thanks again

Airlinesim is a great game where you can try all of this out

Interesting

I CAME HERE WHEN THERE WAS ONLY 50 VIEWS