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Old 6th Jul 2010, 07:36
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Jabawocky
 
Join Date: Jul 2007
Location: in the classroom of life
Age: 55
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POTY Award-Post of the Year Award!!

Maybe a Mod can Sticky this thread......coz there is some GOLD posted from time to time

yeah and I hate to admit it but the first one goes to Taillie!

Why should it be simple and easy for an undercapitalised, tyre kicking dreamer with the business accumen and IQ of a gold fish, to enter the commercial aviation (or taxi, or bus) industry, with predatory, below cost product pricing and the financier (and thus the superannuation of many Australians) carrying the risk? It is those same undercapitalised, tyre kicking dreamers who also are unable to pay a fair and equitable wage to their employees and meet their obligation to creditors in a timely manner.

I stand by my previous comments.

There are threads on PPRuNe from time to time, seeking advice on buying an aircraft, usually "to build hours". In every case my professional advice would be the same: Take a cold shower, two BEX powders and a long lie down. If that doesn't cure the urge, go burn a fist full of $100 bills and if you find that a pleasurable experience, buy a 30 plus year old GA aircraft!

There are only two pleasurable days in old aircraft ownership - the day you buy and the day you sell.

Having said that, I also know of some very nice, well maintained 30 plus year old private aircraft, owned by fastidious, careful and astute owners who can afford not to count the cost. They are generally not the cross hired aircraft you find on line at flying schools and small charter companies.
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