Originally Posted by
ec155mech
my old instructor always told me if it floats, flies or f**ks... rent it...
I was looking at doing what you are thinking about doing.. and if I didn't touch the heli I would have had a break even of 250ish hours a year and if I flew it myself, well there goes the neighborhood.
and this was based on maint cost and 5% reserve an hour for unforeseen expenses, but of course you can only have so many unforeseen expenses before the 5% have been eaten away.
Thanks for that.
Yes, I've changed nsidered that using it for self fly and renting it to the school only on "busy" days then you'd run a loss. But would that loss be more or less than the cost of renting an aircraft anyway? I guess I'd have to do some more calculations. Adding % of maintenance, insurance, etc.