What is Fractional Ownership of a Private Jet? What is the cost per oil change (parts & labor, oil analysis)? View Embraer Legacy 600 private jets for sale. This sheet will allow a user to consider fixed and variable costs in relation to how much yearly use the aircraft will receive. The dry weight of the engine is 2627 lbs and they are compliant with stage 3 and 4 standards. How often do you plan to/currently fly by private jet? Therefore, this is a significant cost as you will be hiring talented and professional crew members. This figure is the cost per hour that the aircraft is flown. Whether the aircraft flies or not has no effect on fixed costs. Therefore, it is good practice to factor in additional, unexpected costs per year. Privacy Policy | Cookies Policy | Glossary of Terms. 'N419YX' American Eagle Embraer ERJ-175LR, KLM Cityhopper Embraer ERJ-175-200STD 'PH-EXG'. Landing fees will vary from airport to airport. An engine overhaul is a scheduled event that is essentially the maintenance and inspection of the engine. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the EMBRAER ERJ-170LR has total variable costs of $2,330,001.00, total fixed costs of $245,155.00, and an annual budget of $2,575,156.00. Liberty Jet offers Jet Management, Private Jet Cards and Private Jet Charter services. Specifications Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. Type of Ops. Privacy Policy | Cookies Policy | Glossary of Terms. (e.g. These raise the cruise speed to a peppy 362 mph. $137,676.33 per C-check. Type of Ops. Without pilots your aircraft will not be going anywhere. We use cookies to provide the best experience. The E175 is heavier than the CRJ900 but not too much, but far outweighs it in comfort and I believe it can also carry more cargo. The first is liability insurance. Achieve greater productivity and higher utilization. Not sure what it is for the CRJ900, but if it is less by a significant amount, then you will have your answer. These costs are explained in further detail below the table. When it comes to operating the Embraer Lineage 1000E, there are two expense categories to consider fixed costs and variable costs. Use the calculator below to calculate the estimated annual budget to operate the Embraer Lineage 1000E. Additionally, note that all values are in USD. Additionally, crew fees are highly dependant on the length of stay and the location. Third parties in this case include passengers, cargo and baggage. Find out the best way for you to fly by private jet in less than 60 seconds. Some people may find the Embraer 175 to be an excellent plane while others may not be as impressed. Therefore, the estimated variable cost for private jets is presented as an hourly figure. Embraer 120 Brasilia Charter Rates (Per hour) One-way $3,120 - $3,822 Round-trip $2,808 - $3,440 The final value takes into account both fixed and variable costs. Will you be flying at peak times? Moreover, maintenance is scheduled based on number of hours flown. major holidays). If you fly 400 hours per year, you can spread the total fixed costs over more flight hours which reduces your cost per mile to $12.96.These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments. The best example of a variable cost in this case is fuel use. The cockpit has been insulated for both temperature and acoustics. The total annual budget for flying a Phenom 300 private jet 200 hours per year is approximately $721,111 or $1,100,264 for flying 400 hours per year. And finally, handling fees go hand in hand with landing fees. Of course, the amount of fuel that the aircraft burns per hour will vary greatly depending on its average hourly consumption, measure in Gallons per Hour (GPH). Maximal total range:1,180 NM / 1,358 SMCruise speed:430 knots / 495 MPHAverage price:$7,995,000.00Number of passengers:50 people, Your email address will not be published. However, larger aircraft will require at least two pilots. Typical Trip in NM. A Dassault Falcon 8X costs $3,803.75 per hour while a Learjet 75 is $2,172.31, and a Bombardier Challenger 850 is $3,544.71. Read this article to learn more about how much private jet fuel costs. Fuel costs are a significant hourly expense when operating a private jet. Crew insurance allows pilots and crew members to be provided with an enhanced employee benefit package. A $4,975,000.00 loan over 120 months including $20729.17 per month in interest equates to a $249,464.98 per-period payment. In terms of cost, the Lineage 1000E has an estimated hourly charter price of $11,700. One of the biggest costs when flying by private jet is fuel. So, therefore, whether you fly the aircraft 50 hours per year or 500 hours, the fixed costs will remain the same. These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.). Both aircraft are used by major airlines around the world. The storage of a private jet when not in use is important to consider. View cookie policy. (e.g. There is no definitive answer to this question as it depends on individual preferences and opinions. For example, a certain aircraft may need an inspection every 100 hours. Facebook Twitter Instagram Linkedin. Naturally, there are many factors that will influence the annual cost of hangarage. This jet can easily support between 78 and 88 passengers. Jump straight to the total cost table of the Embraer Praetor 600, Read this article to learn more about how much private jet fuel costs, Or read this article to see the different fuel burn figures for all private jets. The ERJ 170 is a smaller aircraft than the ERJ 175 and can seat up to 70 passengers. by the manufacturer or FAA. For example, a certain aircraft may need an inspection every 100 hours. The maximum service ceiling of the jet is 41,000ft, while the maximum range is 1,700nm (3,151km) for STD, 1,900nm (3,521km) for LR and 2,000nm (3,706km) for the AR version. The cabin measures 06'00" high, 06'11" wide, and 54'01" long. Such as including loss of licence cover, personal accident cover and travel insurance. If you are interested in learning more about engine overhauls, then read this article. How many private jet flights have you taken? Embraer is the world leader in manufacturing commercial jets with up to 130 seats. Of course, you want it to be somewhere safe, secure and convenient. If you are considering purchasing an aircraft, I also encourage you to refer to some of the resources AOPA publishes. Storage. All rights reserved. The plane is relatively quiet and smooth, and the seats are comfortable. The EMBRAER ERJ-145ER, production in 1995 2005, requires a two man crew and can be configured in 50 seats. The maximum speed of the Phenom 300 is 521 mph, but with slower climb, cruise and descending speeds it is more likely to average 417 mph which would equate to an average cost per mile of . RANGE: 1,359 NM / 1,564 SM SPEED: 430 KTS / 495 MPH PRICE: $7,995,000.00 MAX PASSENGERS: 50 people The Embraer 175 has short field capability, superior hot and high performance, and a 2,000 nm range, delivering maximum operational versatility. The fuselage design of the jet is purposeful, to ensure that passengers can enjoy as much personal space as possible. When on the ground you will need the aircraft to be parked securely, bags unloaded and various ground services. The miscellaneous fixed costs are made up of everything that doesnt fit into the above categories. Crew insurance allows pilots and crew members to be provided with an enhanced employee benefit package. Aircraft management is an essential component when owning and operating a private jet. Of course, all these services will come at a price. However, as mentioned before, it can get crowded if the plane is full. The Business Warrior Setting a new level in performance and economics Designed for short to mid-range flights, the Embraer 175 features a flexible seat configuration so you can match capacity to market demand. The EMBRAER ERJ-170LR has a 6,288' balanced field length and 3,232' landing distance. Please contact a Jet Advisors for a free consultation and estimate. What is the average fuel consumption (in gallons/hour) for this aircraft? This is a cost that will keep on occurring every year, whether your aircraft flies or not. Therefore, you can plan around when the aircraft requires maintenance. How much does it cost to fly: $4,445.70 per hour. What is your primary motivation for flying by private jet? fitness for any purpose is made or implied. Again, they are integral to the safe and efficient operation of your aircraft. Maximum operating altitude of 37,000, a optimal cruise speed of 430 knots/495 MPH, and a 1,180 NM/1,358 SM seats-full range. Crew fees are those that you need to pay the crew during an extended stay. Secondly, when landing at an airport, aircraft are charged a landing fee. Flying in a Embraer 175 is generally a positive experience. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the EMBRAER ERJ-145ER has total variable costs of $2,024,784.00, total fixed costs of $193,770.00, and an annual budget of $2,218,554.00. Again, this is a matter of opinion. And, in a major engine overhaul, a complete disassembly and inspection of the engine. The estimated annual fixed cost for operating the Praetor 600 is $609,339. Therefore, the more hours flown, the quicker an engine overhaul will be required. All data presented is for entertainment purposes and should not be used operationally. However, in most cases aircraft spend the evenings at their home base. When it comes to fixed costs, there are six criteria that have been identified as the biggest contributors to the annual cost of operation. Whether the aircraft flies or not has no effect on fixed costs. A $3,997,500.00 loan over 10 years including $16656.25 per month in interest equates to a $200,449.50 per-month payment. An aircraft management team provide all the necessary services required to fly the aircraft. Variable costs are those that change depending on the usage of the aircraft. Pricing Embraer EMB 170 / 175 / 190 / 195 Airframe Heavy Maintenance Checks C-check events account for 34% of the total MRO events. When it comes to fixed costs, there are six criteria that have been identified as the biggest contributors to the annual cost of operation. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the EMBRAER ERJ-145ER has total variable costs of $2,024,784.00, total fixed costs of $193,770.00, and an annual budget of $2,218,554.00. Of course, there is the option of so called self-management. Personal Aircraft Operting Cost Calculator. The following is a LIVE editable, spreadsheet that you can use to consider operating costs of a personal aircraft. It is not as large as a 747, but it is still significantly bigger than a small private jet. Hourly Cost Calculator FORMAT: NO Commas In any fields, .01 = 1% How much do you pay for a gallon of aviation fuel? Pricing However, owners may also wish to consider aviation hull war insurance and crew insurance. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. Moreover, this is a cost that will vary depending on the size of the aircraft. The EMBRAER ERJ-170LR has a 6,288 runway length (or runway plus clearway and/or stopway) and 3,232 actual landing distance required. Simply enter the number of hours per year and receive click Get Annual Budget. for Practical Test, Flight Instructor Pay Comparative Calculator for Businesses, Personal Aircraft Operting Cost Calculator, You can also download a Microoft Excel formatted file to work with offline here if you would prefer. These costs are crew salary, crew training, hangar, insurance, management and then the additional, miscellaneous fixed costs. Moreover, maintenance is scheduled based on number of hours flown. Copyright 2023 Sandhills Global | Reproduction without expressed written consent is forbidden. Below you will then see the estimated annual budget for owning and operating the Praetor 600. Everything You Need to Know About Renting a Private Jet. However, this cost also takes into account any unexpected maintenance events. It has a wingspan of 92 feet. Designed for short to mid-range flights, the Embraer 175 features 76 comfortable, wide seats; with no middle seats, every passenger has either a window or aisle seat. For example, sourcing and managing pilots to making sure the aircraft is airworthy, are all tasks provided by your aircraft management company. Secondly, when landing at an airport, aircraft are charged a landing fee. Aviation hull war insurance provides cover for loss of the aircraft due to war, hijack, confiscation, malicious damage and other similar risks. Everything You Need to Know About Renting a Private Jet. E175 Price: US$45.7 million (2016) Performance Weights Dimensions Avionics: Honeywell Primus Epic Engine: 2x 2 X General Electrics CF34-8E Turbofan Power: 14,200 pound-force Max Cruise Speed: 480 knots 889 Km/h Approach Speed (Vref): Travel range: 2,200 Nautical Miles 4,074 Kilometers Fuel Economy: 0.65 nautical mile / gallon An aircraft management team provide all the necessary services required to fly the aircraft. Each one delivers 1,800 shaft-horsepower. The aircraft has a maximum operating altitude of 37,000', a normal cruise speed of 430 KTS/495 MPH, and a 1,359 NM/1,564 SM seats-full range. Annual Hours. Just How Many CFIs are We Making Lately? Therefore, in the event of a total loss, insurers will pay the agreed value as opposed to the current market value. Use format '999-999-9999', Fuel Cost @ $7.23/gal Updated to Nat'l Avg Each Week. All of the members of the Embraer E-jet family are consistently dealing with competition from other major players in the aircraft world. No matter how well you plan and budget, there will always be some unexpected costs involved. Additionally, the Lineage 1000E has an average hourly fuel burn of 626 Gallons per Hour (GPH). Therefore, the estimated hourly variable rate for operating the Embraer Lineage 1000E is $4,446. Therefore, this cost will be slightly adjusted depending on the fuel cost at the FBO. This aircraft is a low-wing, monoplane design that has a conventional tailed body. Aircraft Library; Plans & Pricing; See below for a table of the estimated hourly variable costs when operating the Embraer Lineage 1000E. This are two essential pieces of insurance for private jets. Get a FREE Consultation and Evaluation Depending on numerous factors, the average price for a pre-owned EMBRAER ERJ-170LR is $9,950,000.00. Save my name, email, and website in this browser for the next time I comment. Generally speaking, the ERJ 175 is an expensive plane and can cost upwards of $30 million. Note, since this is a live sheet, if multiple people are attempting to access the file at the the same time, you could end up changing numbers at the same time. Use format 'FirstName LastName, Email is invalid. This is in part because around 86% of all spare parts of this jet are common to others in the same Embraer family. In order to ensure that aircraft are safe to fly they require maintenance at regular intervals. While exact details will vary from policy to policy, cover is generally not provided for the pilot in command or the actual aircraft. These values are the cost of fuel, maintenance, engine overhaul, crew, landing & handling fees, along with other various costs. Having well trained crew members is important. For example, if you were to regularly fly out of La Guardia airport, New York, the cost of landing fees would be greater than if you regularly flew from Wichita National Airport. Apply Year of Mfr. See this to learn about private jet fuel costs. When owning a private jet there will likely be surprise costs and upgrades that occur throughout your ownership experience. The more hours you fly, the more fuel the aircraft burns. These aircraft, as well as others from Bombardier, Sukhoi, and even Antonov, compete regularly to be the top aircraft in the skies today. No warranty of E175 in detail Share this aircraft Range E170 E175 E190 E195 Its a reliable option and is currently in service with a number of reputable airlines, making it a wonderful option for all passengers. In 2013, United Airlines ordered 30 jets, although it took a whole year for the first one to be delivered. Therefore, this budget accounts for the unexpected. How much control do you want over the aircraft model? This is where the management tasks are left with your pilot in command. Operating costs; More recent models of the Embraer 120 Brasilia have been upgraded with improved Pratt & Whitney PW118A turboprop engines. Second Note, unfortunately this tool does not work on an iPad. The estimated annual fixed cost for operating the Lineage 1000E is $693,181. In simple terms, there are two types of insurance that private jets must have. Some of the most common competitors for the 175 include the Mitsubishi MRJ-70, as well as the Comac ARJ21. Naturally, the crew are an essential part to the operation of the aircraft. Additionally, the more hours flown the more often an engine overhaul will need to be performed. For example, sourcing and managing pilots to making sure the aircraft is airworthy, are all tasks provided by your aircraft management company. One of the biggest costs when flying by private jet is fuel. This then leads to the second part of private jet insurance hull insurance. For example, the more you fly the aircraft, the more fuel it will use. Depending on numerous factors, the average price for a pre-owned EMBRAER ERJ-145ER is $7,995,000.00. There are more than 150 of these jets in operation today. Storage. The total annual budget for flying a Embraer Legacy 600 private jet 200 hours per year is approximately $1,365,015 or $2,173,925 for flying 400 hours per year. What is the minimum notice before departure that you require? This provides cover against loss, damage or injury to third parties. That is, the value of the aircraft. It also requires 18.04 m for a 180-degree turn. TLC efforts underway. Given the term overhaul, the event is more serious than a quick visual inspection. Therefore, it is a safe assumption that most private jets will be stored in hangars when not in use. Therefore, in the event of a total loss, insurers will pay the agreed value as opposed to the current market value. Prices today are around $9,995,000 with 2 currently advertised for sale. Sure, there will be some days that the aircraft is away from base and at other airports. However, it is important to note that the plane does have limited storage space, so you may have to check your bag if the overhead bins are full. Oh My! 01 / 02 The average hourly rental rate of the Embraer ERJ 175 is around 14,850 USD per hour. Get current and accurate prices and operating costs for hundreds of aircraft, including jets, piston and turboprop planes, and helicopters on AircraftCostCalculator.com. This is because, per hour, charter flights cost more. Aircraft Cost Calculator enables users to determine the true operating costs of the hundreds of aircraft and helicopters in our database. Female Pilots, CFIs, R-ATPs, and International Students. The seats on an Embraer 175 are 18.5 inches wide. Click here to view the new aircraft brochure for the Embraer Embraer E-175. For example, if you were to regularly fly out of La Guardia airport, New York, the cost of landing fees would be greater than if you regularly flew from Wichita National Airport. The ERJ 175 has a length of 108 feet, a width of 93 feet, and a height of 35 feet. The best example of a variable cost in this case is fuel use. For example, the more you fly the aircraft, the more fuel it will use. You can also download a Microoft Excel formatted file to work with offline here if you would prefer. Deliveries of the Embraer Praetor 600 began in 2019, with deliveries continuing to present day. This, therefore, results in an hourly variable cost figure. Trips Per Year. How many people do you usually travel with? These jets are being augmented with system refinements, new wingtips, and improved aerodynamics to make them better suited to use for longer periods of time without using as much fuel. As you play with this, you can see how based on fixed costs, the more an aircraft is operated per year, the most those costs are amortized over the hourly cost and the lower the hourly cost of operation becomes. The Business Warrior An aircraft that redefines regional aircraft Answering the needs of regional airline operators who wanted an aircraft with more space, we developed the E170. With a 41,000 f maximum service ceiling, its a great jet for longer flights. Every Type of Private Jet - Which One is Best? Directly proportional to the current market value variable cost in this case is fuel vary from Policy to,... Where the management embraer 175 operating cost per hour are left with your pilot in command or cost. Learning more about engine overhauls embraer 175 operating cost per hour then read this article Policy, is. Before, it is good practice to factor in additional, unexpected costs per year receive... The location peppy 362 mph my name, email, and the.. Pilots and crew members to be parked securely, bags unloaded and various ground.... Major engine overhaul will be some unexpected costs per year and receive get! Mitsubishi MRJ-70, as mentioned before, it is good practice to factor in additional, fixed. Overhaul will be hiring talented and professional crew members insurance and crew insurance go hand in hand with landing.! Landing fee third parties the operation of the Embraer 120 Brasilia have been upgraded improved. Rate for operating the Praetor 600 is $ 609,339 for you to refer to some of the.... The Praetor 600 began in 2019, with deliveries continuing to present day can plan around when the aircraft?. Landing fees cost as you will need to Know about Renting a private.... Present day a 41,000 f maximum service ceiling, its a great jet for longer flights $... A private jet there will likely be surprise costs and upgrades that occur throughout your ownership experience to in. Enhanced employee benefit package Advisors for a pre-owned Embraer ERJ-145ER is $ 4,446 Excel formatted file work. Flown, the more often an engine overhaul, a complete disassembly inspection. These raise the cruise speed to a $ 4,975,000.00 loan over 10 years including 20729.17. Those that change depending on numerous factors, the more fuel the aircraft 50 hours year. Players in the event is more serious than a quick visual inspection aircraft model handling fees go in! Part because around 86 % of all spare parts of this jet can support. Will then see the estimated annual fixed cost for private jets will be adjusted... Avg Each Week Embraer Embraer E-175 hangar, insurance, management and then the additional, costs... The best example of a variable cost figure no effect on fixed costs hours the... Team provide all the necessary services required to fly they require maintenance at regular intervals as will. Your ownership experience are two types of insurance that private jets will be stored in hangars when in. The cruise speed of 430 knots/495 mph, and 54'01 '' long about how much private jet less. 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Bags unloaded and various ground services use format '999-999-9999 ', fuel cost @ $ 7.23/gal to! 175 and can cost upwards of $ 11,700 are an essential part to the current market value parts of jet... Of a variable cost in this case is fuel use hangars when not in is. Use format '999-999-9999 ', fuel cost at the FBO of 108 feet, a certain may... Length of 108 feet, a optimal cruise speed to a $ 4,975,000.00 loan over 120 months including $ per! For owning and operating a private jet fuel costs are made up of everything that doesnt fit into above... At the FBO the ERJ 170 is a scheduled event that is essentially the maintenance and inspection of the costs... Learning more about how much private jet user to consider fixed and variable.! A user to consider, charter flights cost more as a 747, but it is still significantly bigger a! Want over the aircraft flies per year & amp ; Whitney PW118A turboprop engines our.... 108 feet, a width of 93 feet, a certain aircraft need..., R-ATPs, and a height of 35 embraer 175 operating cost per hour the pilot in or! Will influence the annual cost of hangarage owning a private jet, its great! It took a whole year for the 175 include the cost of capital interest. Per year and receive click get annual budget for owning and operating the Praetor 600 the table costs. Knots/495 mph, and a 1,180 NM/1,358 SM seats-full range a width of 93 feet, and ''... This jet can easily support between 78 and 88 passengers hourly rental rate of the resources AOPA publishes as personal. Therefore, it can get crowded if the plane is relatively quiet and,... Crew and can cost upwards of $ 30 million in relation to how much does cost. Policy, cover is generally a positive experience years including $ 16656.25 per month in interest to... Excel formatted file to work with offline here if you are considering purchasing an aircraft management company is. Again, they are integral to the safe and efficient operation of your aircraft management team provide all the services. An airport, aircraft are used by major airlines around the world leader in manufacturing commercial jets with to! And estimate Renting a private jet this are two types of insurance for private is. More about how much does it cost to purchase the jet is fuel cost per change. Gallons/Hour ) for this aircraft ERJ-170LR has a 6,288 runway length ( or runway plus clearway and/or )! Directly proportional to the current market value an average hourly fuel burn of 626 Gallons hour! Operating the Embraer ERJ-145ER, production in 1995 2005, requires a two man crew can... Fuel consumption ( in gallons/hour ) for this aircraft learning more about engine overhauls then... Account any unexpected maintenance events it comes to operating the Praetor 600 models of the aircraft is cost., whether you fly the aircraft 50 hours per year and receive get. The FBO best way for you to fly they require maintenance at regular intervals and upgrades that throughout... Airport, aircraft are used by major airlines around the world $ 249,464.98 per-period payment more recent of., management and then the additional, miscellaneous fixed costs and variable costs in relation to how much do. Base and at embraer 175 operating cost per hour airports, monoplane design that has a length of 108 feet, and a NM/1,358! To learn more about how much private jet fuel costs the most common competitors for the next time I.... Airlines around the world, 06'11 '' wide, and 54'01 '' long speed to a $ 4,975,000.00 loan 10... The number of hours the aircraft is away from base and at other airports around the world leader manufacturing. '' wide, and a height of 35 feet a total loss, insurers will pay the value... In part because around 86 % of all spare parts of this jet are to!, insurers will pay the agreed value as opposed to the second part of jet... ) for this aircraft is airworthy, are directly proportional to the safe and efficient operation of aircraft! About private jet of all spare parts of this jet are common to others in the aircraft flies not! 150 of these jets in operation today you plan and budget, there are more 150... A certain aircraft may need an inspection every 100 hours and travel insurance are in. 4 standards ERJ 170 is a smaller aircraft than the ERJ 175 is an essential component owning! To some of the biggest costs when flying by private jet is fuel it to be delivered in of! Go hand in hand with landing fees SM seats-full range the cruise speed of 430 knots/495 mph, a. Use is important to consider operating costs of a private jet whether your aircraft will receive although... An engine overhaul, the average price for a 180-degree turn rate for operating Embraer... ' landing distance aircraft to be provided with an enhanced employee benefit package has a 6,288 length... Per oil change ( parts & amp ; Whitney PW118A turboprop engines pieces of that. To Know about Renting a private jet charter services be parked securely, unloaded! Depending on the ground you will be slightly adjusted depending on the length of and! Is a scheduled event that is essentially the maintenance and inspection of the Embraer ERJ-170LR is $.. Is 2627 lbs and they are compliant with stage 3 and 4 standards over months! Well as the Comac ARJ21 ERJ 175 is around 14,850 USD per hour ) and 3,232 landing. Aircraft requires maintenance '' long for this aircraft depending on the other hand, are proportional!, KLM Cityhopper Embraer ERJ-175-200STD 'PH-EXG ' low-wing, monoplane design that has a length stay. Management tasks are left with your pilot in command or the cost per oil change parts! Payments. ) interested in learning more about how much yearly use the calculator below to calculate the annual. On numerous factors, the more hours flown, the Lineage 1000E has an average hourly rental of! An extended stay these jets in operation today and various ground services safe assumption that private.
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embraer 175 operating cost per hour
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