Originally Posted by
brommers
After doing the sums I realised my local flying school are marking up my dry hire charge of $120/hr by $50/h before putting it on line for $295 wet. It is a C182P.
That sounds a lot and I think they are cashing in on my investment.
Any people out there who know the going rate? I have been told 20% of the dry hire is normal.
(please don't reply with lectures about why I should not put it on line. I have my reasons, thanks)
Flying schools aren't cheap businesses to run. Let's say your c182P does 100 hours in the year. That contributes 10k less GST a year to their overheads. Overheads that include a Receptionist 40k pa, accountant/bookkeeper 40k pa, a CFI with all the bells and whistles 90k+, rent, electricity, insurance, ect. I hope they have a lot of aircraft. Because according to my maths that 182 is going to need to be doing 3400 hours a year just to cover the fixed wages.