Costings
Set up pricing and hourly rates for your aircraft.
The Costings section defines how AeroQuote calculates prices for this aircraft. Configure hourly rates, minimum charges, and pricing rules here.
Accessing Costings
Go to Aircraft from the sidebar
AeroQuote supports different pricing approaches:
Hourly Rate Pricing
Charge based on flight time:
Base rate per flight hour
Rate for empty/ferry flights (often lower)
Cost-Plus (Margin) Pricing
Calculate costs and add a margin:
Your actual hourly operating cost
Rate Configuration
Flight Hour Rates
Empty legs / ferry flights
Minimum billable time per leg
If your standard rate is $2,500/hour and minimum is 1 hour:
A 30-minute flight bills as 1 hour = $2,500
A 2-hour flight bills as 2 hours = $5,000
Minimum Charges
Protect your margins with minimums:
Shortest billable leg (e.g., 1 hour)
Additional Charges
Configure extra costs that may apply:
When aircraft stays away from homebase
Per diem for crew on overnight trips
Additional charge for international flights
Premium for off-hours operations
Set the currency for this aircraft's pricing:
Prices are quoted in this currency
AeroQuote can convert for international quotes if configured
How Costs Calculate
For a typical quote, AeroQuote calculates:
Flight time Γ Hourly rate
+ Positioning costs (if needed)
+ Fuel costs (based on performance data)
+ Landing/handling fees (from airport database)
+ Additional charges (overnight, etc.)
Know your costs β Understanding your true operating costs ensures you set profitable rates.
Review competitor pricing in your market
Consider different rates for different trip types
Update rates when fuel costs change significantly
Use the Cost Simulator to verify your pricing