how much does a 727 cost

In this article, we will be discussing the topic how much does a 727 cost? Our team has researched and reviewed the boeing 727 operating cost per hour and boeing 727 private jet price to help you come up with a better decision. We’ve also put up a shopping guide with the features you can consider when buying the boeing 727 for sale.

boeing 727 for sale

Manufacturer:Boeing

Country:United States

Manufactured:1963 to: 1984ICAO:

Price:US$95 million

Avionics:Engine:3 X Pratt And Whitney P&W JT8D-7Power:17,400 pound-forceMax Cruise Speed:534 knots
989 Km/hApproach Speed (Vref):Travel range:2,400 Nautical Miles
4,445 KilometersFuel Economy:0.24 nautical mile / gallon
0.117 kilometres / litreService Ceiling:35,000 feetRate of Climb:
Take Off Distance:1768 metre – 5,800.45 feetLanding Distance:1548 metre – 5,078.68 feet

The inspiration behind the Boeing 727 was the aim to create an aircraft that could operate out of smaller airports that had short runways not suitable for larger aircraft like the Boeing 707. Boeing’s new plane needed to be able to descend quickly into airports while avoiding buildings and other obstacles close to the runway. To achieve this, Boeing developed a large and sophisticated flap system to provide extra lift at low speeds.

united-airlines-727-getty
United and Eastern were the first to order the Boeing 727. Photo: Getty Images

In another first, the 727 came with a small gas-turbine engine auxiliary power unit (APU) that eliminated the need for a ground power supply to start the engines. This innovation turned out to be a big selling point for airlines operating in less developed countries.

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At the same time Boeing recognized the potential of this aircraft in the late 1950s, rival Douglas was working on the DC-9. Around the same time over in Europe, the British Aircraft Corporation was designing the BAC1-11.

Knowing they needed to sell a minimum of 200 aircraft to make the 727 a success, Boeing announced on December 5, 1960, that they had received orders for a total of 40 aircraft from Eastern Airlines and United. By the time the aircraft made its first test flight in 1963 orders were still well-below the break-even point. In a gamble to drum up business, Boeing sent the 727 on a tour of 26 counties where the aircraft clocked up an impressive 76,000 miles (122,310 km).

In 1965 the 727 crashed three times

In eerily similar circumstances of what happened with the Boeing 737 MAX, it appears as though Boeing rolled out the aircraft without giving pilots sufficient training. By November 1965, Boeing had witnessed three of its 727-100 aircraft crash within three months of each other, killing a total of 131 people. Investigators looking into the crashes discovered that some pilots did not fully understand the flap system and were, therefore, allowing the planes to descend at too great a speed.Advertisement:

Despite calls from some politicians to ground the 727, Boeing and the flight safety board were adamant that nothing was wrong with the plane. The authorities did, however, come out and say that 727 pilots needed more training and that Boeing should modify the flight manual procedures regarding the final approach.

Despite all the reassurances that it was a safe aircraft to fly in, passengers boycotted the plane for a good six months until confidence in the aircraft returned.

The last 727 delivered in 1984

Boeing’s original production run was for 250 aircraft, but the larger 189-passenger 727-200 version proved so popular that the Renton factory built 1,832 of the jets, far surpassing the original target. After 22 years in production, the final Boeing 727, a 727-200F model, was delivered to Federal Express in September of 1984.Advertisement:

iberia-727-madrid
Boeing built 1,832 of the jets, with the last delivered in 1984. Photo: Pedro Aragão via Wikimedia Commons

By 2003 nearly all airlines had retired the loud, thirsty, planes in favor of quieter, more fuel-efficient aircraft like the 737 and larger Boeing 757. Despite its precarious start in life, the Boeing 727 ended up being one of the best-selling commercial jets in aviation history. Hopefully, a similar turnaround and redemption can happen for its current 737 MAX.

How Much Does A 727 Cost

Due to its impressive speed, its practical range, and its unrivaled durability, the Boeing 727-200, a development of the earlier Boeing model, features increased fuselage length, takeoff weight, and baggage capacity. The 727-200 is one of the most successful and prolific jets ever built, and of the 1249 that have been produced, almost all are still in commercial service.

The average hourly rental rate of the Boeing 727-200 is around 17,000 USD per hour.

Aircraft Size

Boeing 727-200 Exterior
Aircraft SizeEnglishMetric
Length153.22 ft46.70 m
Wing Span107.94 ft32.90 m
Height34.12 ft10.40 m
Bag. Capacity340 ft³10 m³

Cabin Size

Boeing 727-200 Interior
Cabin SizeEnglishMetric
Length92.80 ft28.29 m
Width11.50 ft3.51 m
Height6.50 ft1.98 m
Area10,000 ft³365 m³

Aircraft Seats

LayoutSeats
Max Seating189
Typical Seating148
Pilots2

boeing 727 private jet price

CostsUSDEUR
Purchase New
Purchase Used
Charter Rate17,000 USD/hour17,000 EUR/hour

Performance Specifications

PerformanceEnglishMetric
IFR Range1,700 nm3,148 km
Cruise Speed521 KTAS965 km/h
Certified Ceiling42,000 ft12,802 m
Rate of Climb2,940 ft/m896 m/m
Takeoff Distance9,843 ft3,000 m
Landing Distance4,690 ft1,430 m
Max Takeoff Weight184,800 lbs83,824 kg
Max Landing Weight150,000 lbs68,039 kg
Useful Weight– lbs– kg
Payload with Full Fuel40,345 lbs18,300 kg

boeing 727 operating cost per hour

The Boeing 727 was one of the most popular commercial aircraft of the 1960’s through the 1980’s. With a production run spanning more than 20 years, Boeing produced 1832 of this versatile aircraft. The Boeing 727 developed several different variants over the 20-year production period, and can now be commonly found as an executive VIP transport aircraft, passenger transport, and cargo aircraft.

Key Features of the Boeing 727-200

The Boeing 727 has several key features that made it distinct from other aircraft. One notable item was the air stairs located in the rear of the aircraft that was primarily used to plane and deplane passengers. This gave the 727 a distinct advantage over its competitors, as the aircraft essentially needed no ground support. In tune with Boeing’s desire to make a self-sufficient aircraft, the 727 was also the first aircraft to come equipped with an Auxiliary Power Unit (APU). The APU allows the aircraft to produce its own electrical power with the engines are turned off. This meant that the aircraft doesn’t need electrical support on the ground and can operate in to smaller airports that don’t have airline support equipment. The 727-100 was designed to carry a maximum of 131 passengers in a 3 abreast 1 class seating capacity. The later variant, the 727-200 has a maximum seating capacity of 189 passengers in a single class all economy configuration. Onboard VIP configured 727’s passenger will find seating capacities between 20 to 30 depending on the owners specifications. The lay out for VIP 727’s include all first class seating, conference tables, and bed rooms in some aircraft.

What are the most popular private jets?

Most popular private jets

With private aviation showing robust growth over the last few years, latest demand for exclusive flight services exceeded pre-recessionary levels over the course of 2017-2018. This is underpinned by strength across all segments of the industry including private jet rentals and used jet purchases. In this market currently, the most popular private planes are:

  • Bombardier Challenger 350: According to data released by the General Aviation Manufacturers Association, the Bombardier Challenger 350 made 60 deliveries in 2018 continuing its upward trajectory from 56 in 2017. Offering excellent range of 3,200 nautical miles (5,926 kilometres) integrated with leading-edge technology, cabin comfort and design, it is consistently the first choice of experienced flight operators around the world. Powered with an impressive range of performance attributes, the planes are designed to purvey an exclusive private jet experience.
  • Cessna Citation Latitude: After entering the private jet landscape in 2015, the Cessna Citation Latitude has consistently ranked amongst the top 10 best private medium jets in a host of range and performance metrics. As the most-delivered midsize jet for the third year in a row, the Cessna can accommodate 9 passengers with a seats-full range of 2,877 nautical miles. Offering increased comfort through a lower cabin pressurization, the Latitude also offers the most spacious cross-section of any Citation built by Cessna.
  • Embraer Phenom 300: From 2013 to 2016, the Phenom 300 (now 300E) was the most-delivered light private jet in the world. As the fastest and longest-range single pilot aircraft in the world, the planes are designed with gen-next avionics, impressive cabin space and a top speed of 834 kilometres per hour. Seating 11 passengers, these planes are powered to achieve peak ranges of 3,650 kilometres.

What are the best business jets?

While business travel was traditionally regarded as the primary use of private jets, latest technology advancements and increased wealth have made private flying – which is considered the most expensive form of flying – more accessible to leisure travellers as well. Nevertheless, the corporate market still represents a substantial share of the overall industry. Below are some of the planes best equipped for corporate travel:

  • Embraer Legacy 600: Via the feature of a spacious cabin space, the Embraer Legacy 600 can accommodate up to 13 passengers and is segregated into three areas within the cabin plus a galley and washroom. This makes it ideal for business travel, enabling the passengers to work, relax and interact separately while the galley is large enough to house a 3-course dining menu configure option. For clients travelling in larger groups or preferring to bring more luggage aboard the plane, this aircraft offers an exclusive experience that lies at the intersection of comfort and economy.
  • Airbus ACJ 319/320 NEO: While the commercial counterpart has seating for 160 passengers, the Airbus ACJ in its private jet avatar accommodates approximately 18. The space is instead taken up by conference rooms, dining tables, and a VIP suite that boasts a bedroom, en-suite shower and office. Coupled with trademark fuel efficiency and quieter engines, the Airbus ACJ 319/320 is a recurring favourite of top 10 lists, business executives and sports personalities.
  • Dassault Falcon 7X/8X: While the Dassault made its name in the military and commercial aircraft space, the larger Falcon jets carved out a niche in the business space due to their impressive range (5,950 nautical miles), a digital flight control system and an ability to customize the plane’s interiors into 30+ formats depending on usage priorities. With the versatility to make both long-range and short-range trips courtesy of a tri-jet engine, the Falcon models offer speed, efficiency and improved comfort.

Best private jets for international travel

Best private jets for international travel

Over larger, long-haul flights, commercial travel can often be cumbersome, time-consuming and inefficient. For clients seeking to alleviate these factors when travelling internationally, the following options have consistently been recognized in media articles as the latest champions of long-range travel:

  • Gulfstream G650ER: Passengers looking for comfort, range and high speeds need to look no further than the G650ER that offers a range of 14,000 kilometres with 14 hours of flying time. Coupled with best-in-class cabin altitude of 3,290 feet, and a cabin that is longer and higher than any other ultra long-range private jet, the plane has seating for 19 passengers and can carry up to 103,600 lbs. of luggage. Inside the plane, there is a flexible cabin design with the option to customize the layouts to passenger preferences, handcrafted seats, digital audio/video equipment and porcelain dinnerware for a truly high-class experience.
  • Bombardier Global 6000: The closest competitor to the Gulfstream is the Bombardier Global 6000, eponymously named for its ability to fly 13 hours or 6000 nautical miles (11,000 kilometres). Powered with industry-leading technology and performance, the 6000 is designed to provide a smooth ride, complete with wider leather seats, hardwood flooring and ultra-fast digital connectivity. All cabin controls are available at a single click while a large media bay enables passengers to wirelessly watch movies, mirror live streaming or display documents onto HDTV monitors, making it the perfect option for long-haul flights.
  • Boeing VIP Dreamliner: As the most expensive option on the private jet charter market, the Dreamliner was originally designed to carry up to 335 passengers and bags. In the private jet version, it can carry up to 40 passengers for a range of 15,000 kilometres (17 hours flying time). The Dreamliner is separated into a master suite with a close en-suite washroom, a spacious main lounge, a guest cabin, and kitchen.

Most luxurious private jet interiors

While private planes have certainly enjoyed the largest resurgence in recent times following the recession in 2008, there are some models that truly stand out even amongst this exclusive set of aircraft that are reputed for luxury and resplendence. Some of the latest, most expensive, and notable ones include:

  • Boeing 747-8 Intercontinental BBJ: As the most expensive plane in the world, the 747-8 Intercontinental BBJ has approximately 4,800 square feet of space with a full office, bedroom and grand dining room, which can further be transformed into a corporate boardroom based on the passengers’ usage needs. As far as luxurious interiors go, the Dreamliner is headlined as the “Queen of the Skies” with a $403 million price, dazzling passengers with gorgeous interiors complete with wide, leather seating, and a breathtaking design that can be configured into the passenger’s preferences.
  • Boeing 757: The plane probably holds a place in recent public memory as President Donald Trump’s personal air travel vehicle of choice after he bought it for approximately $100 million from Microsoft co-founder Paul Allen in 2011. Powered with Rolls-Royce RB211 turbofan engines, the plane has a silk-lined master bedroom, master bathroom with 24-karat gold features, big-screen entertainment with leather seats, dining room, private guest room, 2 bedrooms, galley and main lounge – all features that serve to exemplify the palatial aura.

Which is the best private jet to buy?

Due to the increased popularity of charter flying and an undeniable asset appeal, private planes have attracted a range of long-term investors who seek to leverage its demand from high net-worth individuals and/or other flying enthusiasts. However, private jets are multi-million dollar prospects from an up-front capital outlay perspective with that must be managed carefully. As such, a premium is placed on value retention and durability over the life of the plane.

  • Cessna Citation family planes: In the private jet market, Cessna planes have a reputation for being workhorses. In a study conducted by AVBuyer in 2015, three Cessna planes (CJ3, CJ2+ and CJ1+) ranked in the top 10 private jets that had the lowest depreciation (assuming standardized policy) over 10 years. It speaks to the resilience and longevity of the planes across different versions. However, beyond their operational excellence, Citation jets also fulfill a key need for prospective private jet owners. By fulfilling a popular goal to have a private jet that is still within affordable price parameters, the Cessna family of planes the preferred choice of many corporate houses and “newly-rich” business executives.
  • Gulfstream G550: A new G550 is worth approximately $61.5 million depending on configurations. In the same study mentioned above, it achieved 10-year depreciation of 35% i.e. 65% price retention after 10 years. As the most successful model in Gulfstream history, the aircraft is equipped for long-range flights, with annual costs of $2.85 million equating to a per hour cost of $7,135 (assuming 400 flight hours).
  • Embraer Lineage 1000E: With a $53 million price tag, the Embraer 1000 and 1000E version pack a punch with its overall offering. In the ultra-large segment, it offers the lowest cabin altitude with a maximum range of 4,500 nautical miles that enables it to go from London to the US east coast, Riyadh from Beijing and Lima from Los Angeles. It is also for this reason that it is a popular choice amongst buyers from the Middle East.

Most luxurious & fastest private jets in the world

luxurious & fastest private jets in the world

Users of private planes primarily value three things: comfort, convenience and time. As such, it is pertinent to explore the aircraft that provide luxury matched with speed for truly exclusive experiences tailored towards discerning travellers:

  • Dassault Falcon 900B ($45 million): The fuselage of the Dassault Falcon 900 is built from a combination of materials including Kevlar, titanium and carbon fiber allowing the jet to weigh significantly lower than other in-class twinjets. This then translates into significant fuel economy and a top speed of 644 miles per hour with a range of 4,598 miles. Equally impressive on the interior, the 900B carries on the Dassault Falcon tradition of spacious cabins, leather interiors and quality craftsmanship to provide an unparalleled luxury flight that delivers passengers refreshed and on time to their destinations.
  • Bombardier Global 7500 ($73 million): In December 2018, the G7000 entered the markets and consolidated its place as one of the fastest private jets in the world with a top speed of 650 miles per hour. In 2021, the aircraft’s cabin then won the Red Dot Design Award for its clean aesthetics, viewing windows and leather interiors. At an impressive range of 7,700 nautical miles, this flight coalesces luxury and speed like no other.

Best private jet trips

As private jets have proliferated in popularity, there has been a good level of interest in rentals for milestone birthdays, large celebrations and other milestone moments in people’s life. From a leisure perspective, some of the most popular private jet destinations include:

  • Rome and Paris: In Europe, Rome and Paris remain tourism hotspots frequented by people from all over the world. In recent times, airport statistics have showed accelerated inbound activity from private planes in these two destinations. Offering a delectable range of historically significant attractions, natural beauty, and cultural appeal, these two cities encourage big-ticket purchases by offering excellent infrastructure to accommodate private flying and value for money over the duration of the stay.
  • Las Vegas: The social scene of the American city is legendary the world over, and has been crystallized over the past few decades via media articles and Hollywood. It is no wonder then that Las Vegas ranks as amongst the go-to places – particularly amongst the younger demographic – for luxurious social gatherings and life events.

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