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Old 4th October 2003 | 05:45
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You want it when?

Free Man, Not a Number
 
Joined: Jun 2001
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From: Well here of course.
How quickly would I go broke...

Mr Redundancy has finally caught me, and the clots have made enough mistakes in the process that I should be able to extract a reasonable sum of money out of them.

How much? Enough to buy a mid 70's C-152 with a couple of thousand hours on the engine, and have enough money left over to fight the bank to a standstill for quite a few months.

Me - I'm a scardy cat failed PPL with a love of flight.

Can anyone expand upon the economics of running a flight school? And of running a suitable two or four seat for the year. Cranfield is where I was training until I scared myself silly, but I would consider basing it out of other strips in the area.

So in a nutshell...

What sort of salary would an instructor be looking for?
What sort of insurance and running costs should I think about - I did the sums when I wasn't scared and got £6K + fuel, per annum for 100 or so hours.
Should I just get back in my box?

Any replies accepted. Merci (or Mercy maybe )
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