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Old 1st Feb 2004, 04:03
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IanHud
 
Join Date: Feb 2004
Location: Stansted UK
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Career Change

I am going to "retire" about 4 years time (I'm 45 now) from my current career, which is very well paid (lucky - I know).

I am starting a PPL(H) course at the end of Feb with a view to continuing on to CPL(H).

As I near completion of the CPL(H) I intend to buy a B206L (or similar). My wife and I then intend to move to Grenada where I intend to operate a charter/pleasure flight business.

Questions:

Is it sensible to run a fare paying passenger business on the back of a CPL i.e. is that enough experience / hours?

Would my JAR CPL be valid in Grenada or should I also get an FAA CPL?

Does anyone have any views as to whether I can make money out of such a business? Breaking even would probably be acceptable given I will be able to support myself from pension and investments. However I will not be wealthy enough to support a B206L that doesn’t at least pay for itself.

If any of that is stupid and really too naive for a professional pilots forum I apologise.

Thank you

Ian
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