Our three man group owns 4 aircraft and I own another half share. Of the five (all PFA types) 2 have been U/S all year. Ive done 80 hours in the others.
Fuel costs are 4 G/H mogas = £14X 80 = £1120
Hangarage = £77PCM = £ 924
Servicing, inspections, oil
Permit renewals etc... = £ 500
TOTAL = £2544 or £ 31.80PH
Here's the interesting bit - If I sold my shares in the three group planes and the half share, but retained my share in the L4 Cub I flew the most last year look what happens to the costs...
Fuel costs Same = £1120
Hangarage = £ 160 (!)
Permit&upkeep = £ 150
Total = £ 1430 or £ 17.88PH
AND I DRAW APPROX £14K from the other planes. Mmmm.. thats enough to keep me flying for 10 years!
Dont believe the hype - the cheapest flying is to be had from PFA group 'A' aircraft flying from farm strips. NOT microlights.
Merry X Mas
KINGY