Ridiculous Hire Pricing
Join Date: Jul 2010
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Add onto the C172 cost equation the overhaul prices for engines and props....only a deadhead operator would hire out an aircraft without putting some of the hourly figure away for the inevitable overhauls.....
C172 Engine at 40K give or take, 2200 hr TBO = $20 per hour...
Prop adds another few $, particularly if it's outta limits and needs replacing...
Then as FIY12 said, put some away for un-scheduled stuff....instruments, radios, 500hr inspecs etc etc.....
Prices start to move upwards relatively quickly.....
C172 Engine at 40K give or take, 2200 hr TBO = $20 per hour...
Prop adds another few $, particularly if it's outta limits and needs replacing...
Then as FIY12 said, put some away for un-scheduled stuff....instruments, radios, 500hr inspecs etc etc.....
Prices start to move upwards relatively quickly.....
plus landing charges and tower charges....
plus cost of an office plus accounting/gst returns/ASIC fees/ASIC cards/
plus a margin and depreciation..
oh I forgot who runs the show/no self check-ins there either.
plus cost of an office plus accounting/gst returns/ASIC fees/ASIC cards/
plus a margin and depreciation..
oh I forgot who runs the show/no self check-ins there either.
Gosh, can't believe the cost of hire these days .. I remember when a C152 dual was under $100 per hour dual in the late 80's. A C172 was about $125 dual back then too. So glad I don't have to hire an aircraft to fly these days ...
Join Date: Dec 2004
Location: -28.1494 / 151.943
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Gosh, can't believe the cost of hire these days .. I remember when a C152 dual was under $100 per hour dual in the late 80's. A C172 was about $125 dual back then too. So glad I don't have to hire an aircraft to fly these days ...
At the moment I've got a new engine (factory overhauled H2AD) sitting on the shop floor, waiting to be fitted to the 172. The cost of the engine was just on $27k AUD, so perhaps not quite as expensive as some have suggested.
Along with the engine, there's also a new muffler/exhaust system, new oil cooler, new engine mounts, a new complete set of hoses, new baffling and all the hardware required to fit those items, will also be new. A brand new prop was fitted a few months ago at a cost of $3,800.
So basically everything ahead of the firewall will be brand new. The total cost of all of those bits and pieces, including the prop, is just on $34,000. Allowing say, another $5,000 to have the engine fitted and I've blown nearly $40,000 on the 172!!!
Now this particular 172N is a low time, bright and shiny, exceptionally clean original airplane with a modern stack of serviceable radios. It's hired out at $180+GST an hour, wet. So how do I recoup $40,000 from $180 an hour? Well um....
I must be the deadhead that someone mentioned above. At the end of the day, it would in fact be cheaper for me to leave it in the hangar.
There aren't to many aircraft available for hire locally, so I suppose it gives some of the local guys the opportunity to hire an aircraft at a reasonably cheap rate. Cheap for whom, I'm not to sure about.
As for the 210, it's just not worth hiring it out. You go twice as fast with four times the drag, well in the 210 if you hit something, you're probably going about twice as quick as you would in the 172 and I betcha it would cost as much as four times to fix. Anyway at $500+GST/hr, there aren't many takers.
Yep, best left in the hangar.
Along with the engine, there's also a new muffler/exhaust system, new oil cooler, new engine mounts, a new complete set of hoses, new baffling and all the hardware required to fit those items, will also be new. A brand new prop was fitted a few months ago at a cost of $3,800.
So basically everything ahead of the firewall will be brand new. The total cost of all of those bits and pieces, including the prop, is just on $34,000. Allowing say, another $5,000 to have the engine fitted and I've blown nearly $40,000 on the 172!!!
Now this particular 172N is a low time, bright and shiny, exceptionally clean original airplane with a modern stack of serviceable radios. It's hired out at $180+GST an hour, wet. So how do I recoup $40,000 from $180 an hour? Well um....
I must be the deadhead that someone mentioned above. At the end of the day, it would in fact be cheaper for me to leave it in the hangar.
There aren't to many aircraft available for hire locally, so I suppose it gives some of the local guys the opportunity to hire an aircraft at a reasonably cheap rate. Cheap for whom, I'm not to sure about.
As for the 210, it's just not worth hiring it out. You go twice as fast with four times the drag, well in the 210 if you hit something, you're probably going about twice as quick as you would in the 172 and I betcha it would cost as much as four times to fix. Anyway at $500+GST/hr, there aren't many takers.
Yep, best left in the hangar.
Join Date: Aug 2006
Location: Paradise
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Was talking to a mate the other day who chartered an A36 Bonanza (plane and pilot) in Brazil - US$700/hr !!!!!!
I figure it costs US$300-350/hr to operate a Bonanza in Oz, so $400/hr is not a bad markup for pilot + profit !!!
BC
I figure it costs US$300-350/hr to operate a Bonanza in Oz, so $400/hr is not a bad markup for pilot + profit !!!
BC
Join Date: Aug 2009
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This is why the aviation gods invented RA-Aus. Plenty of sustainable commercial operations that will give you an aircraft for $150 wet and clubs that have them for much less.
No, you can't keep your MECIR current, but for those who just want to fly for fun on a sunday afternoon, it's the best way to get up there!
No, you can't keep your MECIR current, but for those who just want to fly for fun on a sunday afternoon, it's the best way to get up there!
Join Date: Dec 2004
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what gassed budgie said
Incidently went to the Coffs Harbour aero club today to get a new chart & they have a PA28 180 for hire for $150 wet, up until January, so jump into one of those cheap flights or fire up your old trusty datsota & do your flying from there for a while, it's not mandatory to fly out of only the Capital cities yano...
