How Much Does A Cargo Plane Cost?( By Models)

Cargo planes play an essential role in our life; they permit to carry different types of goods from a country to another in a short period.

The main differences between passenger planes and cargo aircraft are that there aren’t passenger seats in the cargo aircraft, but they are replaced with a cargo hold.

One curiosity that may blow in your mind can be regarding the cost of buying a cargo plane, and that is what we will see in the next part of the article.

How much does a cargo plane cost? The average cost for purchasing a cargo plane is around $49 million to $77 Million, while the average lease cost for a cargo aircraft is around $350,000- $640,000. The highest cost for purchasing a cargo plane is for the 747-8F witch cost $419 Million.

Anyway, if you are interested in more in-depth the cost related to purchasing a freight aircraft, keep reading the article.

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Cost of Cargo plane by models

As for passenger aircraft, the cargo planes also have models that are different among dimensions, speed, and capacity.

Actually, there are more than 25,000 aircraft in service, and this number looks to increase each year thanks to the huge demand of goods worldwide.

In the following part, we will take a look at the cost of the most used cargo aircraft, trying to answer in the most precise way possible.

A330F Cargo plane cost

The first cargo aircraft that we look at the cost is the A330F. Airbus produces this aircraft model, and it comes with top quality and incredible characteristics.

The cargo capacity of the A330F is around 65 t over 7,400Km or 70t up to 5,900km, covering incredible distance.

The A330F is powered by two Pratt & Whitney PW4000 or Rolls-Royce Trent 700 engines. The average cost for the A330F cargo aircraft is around $49 Million to $77 Million. While the lease cost is ranging from $350,000 to $640,000 monthly rent.

747-400F Cargo Aircraft cost

With an approximation of 300 747 freighters in operation, this model is taking a huge amount of the cargo airplane market.

The loading capacity of the 747-400F is around 140t, and thanks to its engine, it can cover a distance of 14,186 Km.

This freighter is fitted with a large cargo door and a nose cargo door, which allows the operator to speed up the process of loading and unloading.

The cost for a second-hand 747-400F Cargo Aircraft is around $12 Million, while new you can pay more than $30 Million.

The cost for rent monthly a 747-400F is around $180,000 to $400,000 depending on the engine’s configuration.

Boeing 747-8F Cost

Another incredible cargo plane model is the Boeing 747-8f. The orders done by the company for that specific model are increasing each year’s exponentially.

The main reason is that it guarantees efficiency and reduction of cost for the company.

The building materials for building this airplane model are carbon composites, aluminum, and Titanium, giving durability and resistance greater.

The loading capacity of the boing 747-8F is 137t.

The cost of purchasing a 747-8F is $92 Million for a second-hand plane until reaching $419 Million for a new plane. In addition, montly rent cost is ranging from $750,000 to $1.4M.

767F cargo Plane cost

The 767F is the freighter version of the 767-300ER. This cargo aircraft has a good deck capacity, with an approximate value of 438 m3.

There are many models of this aircraft that are fitted with refrigeration systems.

The lowest price for buying the 767F cargo aircraft is around $18 Million, and the price can go up until reaching $74 Million.

The monthly rental cost for the 747F is around $230,000 to $550,000.

777F Cargo freighter plane cost

The 777F is categorized as the model that can cover the longest range with a twin-engine. It can take off with a maximum weight of 347,450Kg, while the loading capacity is 103.9t.

This model presents a huge number of progress made, as it includes a more strengthening structure.

The cost for purchasing a 777F is ranging from $82 Million to 152 Million. At the same time, the lease cost is ranging from $700,000 to $1.15M.

What is the cheapest cargo plane?

After analyzing the cost of 5 of the leading models present in the market, the cheapest cargo plane to buy is the 747-4F airplane, as it will cost you around 12Milion of dollars for a second-hand cargo plane.

How much does a cargo airplane pilot make?

Suppose in the first part we saw the main differences in cost about the different model present in the market regarding the cargo plane. In that case, a question that may blow in your mind can be how much money actually cargo airplane pilots earn?

The first and most obvious distinction between the passenger and cargo plane is that the cargo plane pilot is responsible for carrying only goods. In contrast, for the passenger pilot, the responsibility is higher due to the number of people inside it.

As the safety and the accuracy that both pilots should take doesn’t change, the salary of a cargo pilot slightly varies. However, the average of a median cargo pilot is around $95,000 per year.

Conclusion

As we saw during the article, the cargo airplanes market offers different models; each differs in dimension and engine power. Thanks to this article, I hope you have a clearer idea about how much cargo planes cost.