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Aircraft model

PIPER PA-23-150

Everything here is true of every aircraft of the type, not of any one aircraft.

The first Apache: two 150 hp Lycoming O-320s, four seats and a 3,500 lb maximum weight. It is the aeroplane that invented the cheap light twin, and the figures make clear how modest it was -- a hundred and fifty horsepower a side, about 148 knots, and a single-engine climb rate of 240 ft/min in the book and considerably less in practice.

Ownership is dominated by having two of everything. The Lycoming engines themselves are simple and well supported; the accessories, the gear system and the sixty-year-old wiring are where the money goes. Corrosion in the wing spar and the nacelle structure is the structural item to inspect. Insurance for a low-time multi-engine pilot is the other real cost and is worth quoting before buying.

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Put PIPER PA-23-150 side by side with up to two other models.

  • PIPER PA-23-150

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What it is

Seats4
Landing geartricycle
Engines2
EngineLycoming O-320-A
Horsepower150 hp
Fuel100LL
Certification basisCAR3
Production start1954
Production end1957
Endorsements requiredcomplex;multi-engine

Performance

Cruise speed148 KTAS
Range603 nm
Service ceiling17,000 ft
Climb rate1,250 ft/min
Stall speed (Vso)51 KCAS
Takeoff over 50 ft1,600 ft
Landing over 50 ft1,360 ft

Load and fuel

Seats4
Useful load1,320 lb
Full-fuel payload888 lb
Max takeoff weight3,500 lb
Empty weight2,180 lb
Usable fuel72 gal
Fuel burn at cruise16.8 gal/h

Cost of ownership

Price, low$45,000
Price, high$95,000
Prices as of2026
Engine TBO2,000 h
Overhaul cost, low$28,000
Overhaul cost, high$40,000

The fleet and its record

Registered, all time209
Active fleet47
Median year built1956.0
NTSB events, last 10 years2
Fatal events, last 10 years1
Events per 1,000 active, last 10 years42.55 · thin base (low)1
Personal-flying events per 1,000 active42.55 · thin base (low)2
Ownership transfers, last 24 months15
Transfers per 100 active31.91 · thin base (low)3
Airworthiness directives1
Directives, last 5 years0
Rate confidencelow
  1. Events per 1,000 active, last 10 years: per 1,000 active aircraft · base 47 active.
  2. Personal-flying events per 1,000 active: per 1,000 active aircraft · base 47 active.
  3. Transfers per 100 active: per 100 active aircraft · base 47 active.

Peer scores6

Peer classFixed wing multi-engine, piston, 2 engines, 5-6 seats
Accident record—1
Severity—2
Access8.4 of 103
Support3.5 of 104
Liquidity9.3 of 105
  1. Accident record: class median 28.74 · 56 models in class.
  2. Severity: class median 33.33.
  3. Access: class median 2,812.25.
  4. Support: class median 57.
  5. Liquidity: class median 21.91.
  6. Each of the five categories places the model within its peer class, from 0 (the worst of the class) to 10 (the best): a position among comparable models, not a grade. The overall score is the sum of the categories shown that are scored, out of 10 for each (50 when all five are); it is given only when at least 4 of the five are scored, and it can be set against another model's only when both are in the same peer class and scored on the same categories.
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