PPRuNe Forums - View Single Post - Ownership vs Self Fly Hire in the UK
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Old 20th April 2015 | 23:09
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controlz
 
Joined: Apr 2015
Posts: 12
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From: London
Ownership vs Self Fly Hire in the UK

Hey all

I will shortly be embarking on the exciting journey of obtaining my PP(h), but I would like to understand the various flying options available once gaining my license.

Could you please advise me at what stage it becomes financially beneficial to purchase (finance) a helicopter / own a share, instead of self-fly hire on an hourly rate? Moving aside the overhauls, as I would likely purchase just after this has been done, what are the approximate costs involved in ownership in the UK, and how many hours a week would I need to fly in order for it to be better than hiring?

Also, how do helicopters hold their value? When I purchase cars I tend to chose models that actually appreciate, and I was wondering if there was something similar in the heli world, so the only money lost is operation cost/maintenance/insurance/hanger etc?

Many thanks

Last edited by controlz; 21st April 2015 at 00:07.
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