indcwby
Topic Author
Posts: 318
Joined: Sat Dec 18, 2010 7:32 pm

NE Patriots buy 2 767 for Team Transportation

Tue Aug 08, 2017 7:34 pm

https://www.sbnation.com/lookit/2017/8/ ... y-own-jets

Anyone know which birds are these? ESPN estimates the planes cost the Patriots $10 million each. I wonder if they are close to that cost. ER frames. Also redoing configuration. "The Patriots changed the configuration of the plane so every seat is a first class seat, many of which recline entirely for players to rest."

Could this be the beginning of a trend with major sports teams, with the rising costs of charter flights?
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chrisnh
Posts: 4135
Joined: Tue Jun 29, 1999 3:59 am

Re: NE Patriots buy 2 767 for Team Transportation

Tue Aug 08, 2017 7:54 pm

If charter companies are charging teams ~ $4m per season, the Pats recoup that cost in 2.5 seasons...less if you factor in the rental fees the team will get when they aren't using them.
 
travelin man
Posts: 3237
Joined: Tue Mar 14, 2000 10:04 am

Re: NE Patriots buy 2 767 for Team Transportation

Tue Aug 08, 2017 8:32 pm

chrisnh wrote:
If charter companies are charging teams ~ $4m per season, the Pats recoup that cost in 2.5 seasons...less if you factor in the rental fees the team will get when they aren't using them.


The plane acquisition cost would not be the primary factor in estimating the breakeven point on this. The fixed costs for owning 2 767s will be huge (hiring pilots, f/a's, airport costs, operating costs, fuel costs, etc). All of those costs are baked into charter operations, so the financial break even will be much longer than 2.5 years. However, the Patriots will also have a great recruiting & retention tool for players, better rested players, etc, so I'm sure those non-financial considerations were taken into account.
 
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ODwyerPW
Posts: 1618
Joined: Thu Dec 09, 2004 6:30 am

Re: NE Patriots buy 2 767 for Team Transportation

Tue Aug 08, 2017 9:33 pm

Already covered in this thread:

viewtopic.php?f=3&t=1370745

I guess we are all so intrigued by it, 3 different threads were started.... The one cited has the most activity by far.
learning never stops.
 
AAvgeek744
Posts: 750
Joined: Wed Jul 26, 2017 8:08 pm

Re: NE Patriots buy 2 767 for Team Transportation

Tue Aug 08, 2017 11:30 pm

travelin man wrote:
chrisnh wrote:
If charter companies are charging teams ~ $4m per season, the Pats recoup that cost in 2.5 seasons...less if you factor in the rental fees the team will get when they aren't using them.


The plane acquisition cost would not be the primary factor in estimating the breakeven point on this. The fixed costs for owning 2 767s will be huge (hiring pilots, f/a's, airport costs, operating costs, fuel costs, etc). All of those costs are baked into charter operations, so the financial break even will be much longer than 2.5 years. However, the Patriots will also have a great recruiting & retention tool for players, better rested players, etc, so I'm sure those non-financial considerations were taken into account.


While I can see some advantages for such a move, the NFL season, including training camps, 4 pre-season + 16 regular season games, and a month of playoffs, mean those aircraft are going to be sitting idle for 6-7 months a year.

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