How much does it cost to hangar an airplane? In Houston Texas, for an average size single engine general aviation airplane, such as, a Cirrus SR22 the annual expense for hangar space is about $5,445.
For a Cirrus airplane, it’s not good to use a tie-down or covered parking for extended time. The airplane just doesn’t need to be exposed to the elements when not in use.
In a shared aircraft ownership, typically only two categories of airplane operating expense are needed: “fixed expense” and “variable expense.” The cost for hangar space would be categorized as a “fixed expense.” A fixed cost would normally be split equally among members because it’s not calculated into the hourly operating rate and it shouldn’t be. A fixed expense can be incurred regardless of the number of hours the plane is flow.
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