IAI Westwind 1 Price and Operating Costs

Specifications
The IAI Westwind 1, manufactured from 1979 - 1987, requires a 2 person crew and can transport up to 7 passengers. The aircraft has a maximum operating altitude of 45,000', a normal cruise speed of 424 KTS/488 MPH, and a 1,979 NM/2,278 SM seats-full range. The IAI Westwind 1 has a 5,265' balanced field length and 2,864' landing distance. The cabin measures 04'11" high, 04'10" wide, and 15'06" long. It has a total baggage capacity of 63.00 ft^3; 09.00 ft^3 being internal and 54.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned IAI Westwind 1 is $300,000.00. A $150,000.00 loan over 120 months including $625 per month in interest equates to a $7,521.56 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the IAI Westwind 1 has total variable costs of $1,434,600.00, total fixed costs of $493,829.00, and an annual budget of $1,928,429.00. This breaks down to $4,285.40 per hour.