Wednesday, February 21, 2024

Cost of ownership comparison

Table
Gene Avakyan ceo of edison aerospace inc

Are you a Spray Operator?

If you are a current spray operator in the US or anywhere in the world, please contact us to let us know about your particular situation and how Edison can offer you a better option.

Our biggest selling points to the operators are the 50% reduction in operating costs, improved safety, and likely lower insurance rates for low-time operators.

We are here to help you, the operator, so please get in touch and tell us what features you'd like to see us include for you. Thank you and fly safe!

Our aircraft costs less per hour to operate

In analyzing what a typical agricultural aerial application operator has to pay to operate their equipment, we see that the hourly operating cost difference between a turboprop and a Edison Heavy1 is approximately $641. The calculation below ignores costs that will be identical for both aircraft, such as ground equipment and support staff to load the product on-board, as well as hangar, office and other overhead costs. Existing contractor operations typically work with an 18% profit margin. Adding $641 to the calculations will tip the equation heavily in their favor. If we take a sample gross hourly cost of the spraying operation at around $1,200*, then a savings of $641 on aircraft operating cost is a savings of up to 53%.

One of the assumptions above is that the hourly pilot pay will be reduced, but this will be compensated by more work hours each season with a much lower workload than flying from the cockpit, resulting in an equivalent overall wage.