Buying and owning a lightie - costs involved?

[Shitsu_Tonka]

Just reviewing my spreadsheet for the year.

150* hrs per year ( 2 seat 110 KIAS RAA Aircraft) [EDIT: *Note: these were the actualhours flown for the year, all private]

Fixed (Hangar, Insurance) = $6380 p/a or $43/hr

Hourly Costs (Dry)] = $22/hr or $3300 p/a
[Provision for 50/100 hourly]
[Provision for COM/NAVAID Service]
[Provision for Refurbishment]
[Provision for Spares]
[Provision for Engine Overhaul]

Hourly Costs (Fuel) = $28.50/hr or $4275 p/a

So, annualised hourly rate is abour $93/hr or total of about $14,000 p/a.

Pretty close to some of the figures in the above posts.

By the way if you think fuel burn is a big component, if you DOUBLE the fuel cost on this basis, the hourly rate only goes up by 30%!

Applying this to a 30 year old PA28, I came up with the following figures,

150 hrs per year ( 4 seat 105 KIAS PA28 Aircraft)

Fixed (Hangar, Insurance) = $4075 p/a or $27/hr

Hourly Costs (Dry)] = $52/hr
[Provision for 50/100 hourly]
[Provision for COM/NAVAID Service]
[Provision for Refurbishment]
[Provision for Spares]
[Provision for Engine Overhaul]

Hourly Costs (Fuel) = $53/hr

So, annualised hourly rate is abour $132/hr or total of about $19,800 p/a.

I have got some really good data on R22 Helicopters too......droool (uh-oh!)