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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

Max Passengers

5

Performance
Range (Long) Compare Ranges Based on zero wind, ISA conditions, no runway or temperature restrictions, and four passengers at long-range cruise speed.	490 nm (907 km)
Range (Max Cruise) Based on zero wind, ISA conditions, no runway or temperature restrictions, and four passengers at maximum cruise speed.
Range (Seats Full)
Cruising Speed (Long Range)
Cruising Speed (Max Cruise)	267 ktas (494 km/h)
Ceiling	30,000 ft (9,144 m)
Take off Distance	2,000 ft (610 m)
Landing Distance	1,170 ft (357 m)

Cabin Dimension
Height	3 ft 10 in (1.19 m)
Width	4 ft 2 in (1.28 m)
Length	12 ft 3 in (3.75 m)
Cabin Zones	1
Cabin Diagrams	Meridian cross section and floor plan are not currently available for comparison.

Aircraft Dimension
Tail height	11 ft 3 in (3.44 m)
Wing span	43 ft 0 in (13.11 m)
Length	11 ft 3 in (3.44 m)
Max Takeoff Weight	> 5,092 lbs (2,310 kg)

Current Market
Ask Price Min	$849,000
Ask Price Max	$1,950,000
Model Year Min	2001
Model Year Max	2015
Total Time Min (hours)	542
Total Time Max (hours)	4,884
% of Fleet for Sale	8.27%
# For Sale	44

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.	$2,099
Liability Insurance Liability Insurance Estimates:	$20,000
Annual Amount	$163,249

Financial: Variable Hourly Costs
Fuel Consumption (gallons per hour)	48
Fuel Cost (at $6.28 per gallon)	301
Maintenance	$282
Engine Reserves	$228
Total Cost / Per Hour	$811.44

Financial: One Year Summary at 300 Hours per Year
Purchase Price Purchase price is the average of the current high and low asking prices.	$1,399,500
Market Depreciation (%) Annual market depreciation is calculated by Guardian Jet as a compounded yearly rate of depreciation since the first year a model was in production to the current year.	CALL US
Market Depreciation ($)	CALL US
Total Fixed Costs	$163,249
Total Variable Costs Based on 300 hours per year.	$243,432
Total Cost of Operation Total Cost of Operation is the sum of market depreciation, fixed costs, and variable costs.	$490,651
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
Engine Model	PT6A-42A
Hourly Rate /engine USD Hourly rate for all engines is representative of engine manufacturers program rate, and is intended for comparison only.	$135
Overhaul Interval hrs	3,600
Typical Avionics Suite	Meggitt Magic or Garmin G1000

Note: All data is for reference purpose only.