Originally Posted by
Teetering_Head
Good question for AI which found an article from 1997, earliest it could find, the operating cost of an R22 back then was $51/hour.
It also used this forum to give information on hourly PPL training costs on the R22 in the year 2000, £215/hour. I believe the going rate is around £420-£430/hour in the UK at present
In Australia the cost of a CPL-H has gone from A$25k to $80k (x 3.2)
The median capital city house price has gone from $142k to $687k (x 4.8)
So a CPLs affordability has reduced less than a house.
or
A house might have been a better investment than a CPL-H in 1990. Ironically, I sold my house to fund my CPL
Instructors wages have risen from “can live on” to “no chance”
(Predictably, mainly due to the introduction of Grade 3 ratings. When I was instructing the minimum experience for a new instructor was 400hrs. Made a big difference to who was instructing and what they were paid.)