Overview:
Mooney operating costs are fairly straight forward since the aircraft is relatively simple and efficient. Mooney operating costs are typically broken down by hour and include, fuel, insurance, tie-down or hangar storage fees, regular maintenance inspections, and landing fees. Typical Mooney operating costs average between $60-$80 per hour depending on a wide range of variables.
Fuel costs
The Mooney M20 burns about 8.5 gallons per hour with Avgas typically costing about $6 per gallon, hourly fuel costs for the Mooney run around $51per hour.
Depending on whether you just carry Liability coverage or Full Flight Hull Coverage, this cost will vary, but it typically runs between $295-$3,500 per year, which adds about $2-$20 per hour depending on the amount of total hours flown in a year.
Tie Down/Hangar Fees
Depending on whether the aircraft is hangered or tied down at an airport, these fees will typically run between $100-$300 per month.
Regular Maintenance Inspections
Mooney operating costs should include money set aside depending on the amount of hours flown for regular maintenance and inspections. Depending on the age and condition of the aircraft, these costs typically range between $8-$20 per hour.
Landing fees
Most small airports don’t have landing fees, but most of the larger and controlled tower airports do, Landing fees are typically a very small amount of the hourly operating costs of Mooney and depending on the airport and amount of landings, can range anywhere from $80-$200 per year.
