Is this a rip off ??
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WHO THE HELL DO YOU SEE WHEN SH#T HITS THE FAN LIKE THIS ??
Arnold E has it in one.
Join Date: Sep 2004
Location: inner suburbia
Posts: 370
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wombat keeper
Lets see now,
some variable costs are ;
reconditioned engine at around 30k over 2000 hours [$15/hr]
2 prop blades at around 15k over 1500 hours [$10/hr]
Fuel at (say) 30 l/hr at about $1.8/l [$54/hr]
100 hourly at $2000 [$20/hr]
which makes the motion subtotal $99/hr
Now, lets add some static costs ;
parking $4k/pa
insurance $5k/pa
repairs (allow) $5k/pa
building rental/repayment/leases (allow) 2k/month
non-flying staff $40k/pa
accountants/inspections/GST $10k/pa
which makes the static subtotal $88k/pa
If the aircraft flies 200hrs/pa, that makes the static cost about $440/hr making the grand cost total about $540/hr
so., actually your $300/hour is a bargain.
The above is obviously not true for every school or aircraft, and i've omitted stuff such as painting, interior refurbishment, avionics upgrades, etc, etc., but [wombat keeper it does give you an idea of just how freaking expensive it can be to operate an aircraft.
an all up hourly NAVEX rate of a tad under $ 300 PER HOUR LOG TIME is reasonable for a crusty 30 + year old single ??
some variable costs are ;
reconditioned engine at around 30k over 2000 hours [$15/hr]
2 prop blades at around 15k over 1500 hours [$10/hr]
Fuel at (say) 30 l/hr at about $1.8/l [$54/hr]
100 hourly at $2000 [$20/hr]
which makes the motion subtotal $99/hr
Now, lets add some static costs ;
parking $4k/pa
insurance $5k/pa
repairs (allow) $5k/pa
building rental/repayment/leases (allow) 2k/month
non-flying staff $40k/pa
accountants/inspections/GST $10k/pa
which makes the static subtotal $88k/pa
If the aircraft flies 200hrs/pa, that makes the static cost about $440/hr making the grand cost total about $540/hr
so., actually your $300/hour is a bargain.
The above is obviously not true for every school or aircraft, and i've omitted stuff such as painting, interior refurbishment, avionics upgrades, etc, etc., but [wombat keeper it does give you an idea of just how freaking expensive it can be to operate an aircraft.
Perhaps the invoice needs to be itemised transparently Wombat, i.e third party services ($ tell it like it is), organisation invoice and processing fees ($xx.00, or $xxxxx.00)?
Tea and bickies should always be complimentary/ duty of care/ by donation.
Tea and bickies should always be complimentary/ duty of care/ by donation.
