The Piper Meridian has a variable operating cost of $947 per hour, delivering impressive performance and value in the single-engine turboprop category. With a range of 500 nautical miles and a normal cruise speed of 265 knots (305 mph), the Meridian is well-suited for personal, corporate, and light charter missions. Burning just 45 gallons of fuel per hour, the Piper Meridian offers outstanding efficiency and operational savings. The cabin of the Piper Meridian measures 3’10” high, 4’2″ wide, and 12’3″ long, providing a total interior volume of 201 cubic feet. This configuration comfortably accommodates up to 6 occupants, including the pilot, in a pressurized cabin with luxurious executive seating and refined appointments. Requiring only 2,000 feet of runway for takeoff and 1,400 feet for landing, the Piper Meridian excels in accessing short and remote airfields while maintaining strong cruise performance. As a high-performing entry-level turboprop, the Meridian remains a preferred choice for operators seeking cost-effective, short-field capability with modern cabin comfort and reliability.
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Description
Piper Meridian | Aircraft Ownership & Operating Costs Calculator
General Specifications
Typical Seating Capacity
1
/
5
Seat Full Range
500
/
575
Normal Cruise
265
/
305
Avg Pre Owned Price
995000
Cost Per NM
4
Sample Budget
Piper Meridian
Sample Budget
| Annual Owner Hours | 200 hours per year | 325 hours per year |
|---|---|---|
| Mileage | 45000 NM | 73125 NM |
| Fuel Cost | $56250 | $91406 |
| Total Fixed Cost | $199800 | $199800 |
| Total Variable Cost | $189450 | $307856 |
| Total Hourly Cost | $1946 | $1562 |
UTILIZATION LEVELS
Typical Seating Capacity
45000
Total Hrs
45000
Mileage for Owner Hours (NM)
45000
HOURLY VARIABLE COST
ANNUAL FIXED COST
$
370,000
$
40,800
$
$
$
108,000
$
$
610,000
$
503,813
$
106,188
ANNUAL VARIABLE COST
28,375
$
177,344
$
72,000
27,625
44,375
0
0
72,000
$
98,750
$
40,625
$
388,719
ANNUAL BUDGET
$
494,906
MONTHLY BUDGET
$
41,242