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Old 3rd Aug 2007, 10:10
  #7 (permalink)  
englishal

 
Join Date: May 2001
Location: 75N 16E
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Some general figures for a simple aeroplane like the 172:

Fixed costs:

Insurance: £2000 per year
Hangar: £2000 per year
Annual: £1000 per year
Star Annual (extra allowance per year): £700
Repairs and spares: £1000 per year
Total: £6700 pa

Based upon 200 hours per year gives: £33.50 per hour

Now the running costs:

Fuel: £40 per hour
Engine fund (£20,000/2000): £10 per hour
Extras (oil etc...): £5 per hour

So your total real running costs if you do 200 hours per year is: £88.50 per hour inclusive of pretty much all costs EXCEPT unforseen costs exceeding £1000 per year.

Pretty rough figures but seem about right in my experience. Most simple SEPs will be about the same (unless permit or µlight)
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