IAI Westwind 2 Price and Operating Costs

Specifications
The IAI Westwind 2, manufactured from 1980 - 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 2,096 NM/2,412 SM seats-full range. The IAI Westwind 2 has a 6,045' 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 49.00 ft^3; 09.00 ft^3 being internal and 40.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned IAI Westwind 2 is $375,000.00. A $187,500.00 loan over 120 months including $781.25 per month in interest equates to a $9,401.95 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the IAI Westwind 2 has total variable costs of $1,421,550.00, total fixed costs of $493,829.00, and an annual budget of $1,915,379.00. This breaks down to $4,256.40 per hour.