Originally Posted by
BigEndBob
In 1980 as a 20 year old i was taking home £25 a week from work. Flight training was £23/hour.
Minimum wage now for 20 year old is 40 x £6.15/hr = £246 week, assume no tax paid.
So hourly rate should be around £225 hour, here in the Midlands.
We charge at the moment £185 for a Warrior.
Club does about 500 hour a year across two aircraft.
My partner secretary takes virtually nothing in wage and i take £700 a month as the CFI/examiner.
As you can see we do it almost for the love of flying.
Or am i just a mug?
£23 an hour sounds remarkably cheap for 1980, but in any case prices generally rise more slowly than wages. Going by the RPI £23 in 1980 is equivalent to about £100 now. Compared with average earnings £25 a week then is equivalent to around £150 a week now.