Go Back  PPRuNe Forums > PPRuNe Worldwide > The Pacific: General Aviation & Questions
Reload this Page >

Running Costs for a Beech B77 Skipper

The Pacific: General Aviation & Questions The place for students, instructors and charter guys in Oz, NZ and the rest of Oceania.

Running Costs for a Beech B77 Skipper

Old 2nd Mar 2021, 22:22
  #1 (permalink)  
Thread Starter
 
Join Date: Dec 2020
Location: Lismore
Posts: 16
Running Costs for a Beech B77 Skipper

Hi all,

I have just purchased a Skipper and wanted some ballpark figures on running costs (should be similar to a Tomahawk or 152). Aircraft has 8000 hours ish, 1600 to go on the engine, and 1100 to go on the prop. Just had a hundred hourly.

I am a Gr2 instructor and can put it online with the local aero club. They don't have a trainer of this class so I can get flying hours and make the aircraft work, and tax deductable. If anyone can suggest some ballpark figures for how much I should allow hourly for maintenance costs it would be appreciated. Any other thoughts welcome.

Cheers,

Nick Reese
nreese is offline  
Old 2nd Mar 2021, 23:49
  #2 (permalink)  
 
Join Date: Mar 2011
Location: Asia
Posts: 24
Originally Posted by nreese View Post
Hi all,

I have just purchased a Skipper and wanted some ballpark figures on running costs (should be similar to a Tomahawk or 152). Aircraft has 8000 hours ish, 1600 to go on the engine, and 1100 to go on the prop. Just had a hundred hourly.

I am a Gr2 instructor and can put it online with the local aero club. They don't have a trainer of this class so I can get flying hours and make the aircraft work, and tax deductable. If anyone can suggest some ballpark figures for how much I should allow hourly for maintenance costs it would be appreciated. Any other thoughts welcome.

Cheers,

Nick Reese
Why would you buy an aircraft then ask these questions. Wonder why people get into financial difficulty.
Tubman601 is offline  
Old 3rd Mar 2021, 00:04
  #3 (permalink)  
Thread Starter
 
Join Date: Dec 2020
Location: Lismore
Posts: 16
I've done all the figures - I have a Masters of Business and am quite good with cash flows. I just wanted to ground truth my figures. Valid question though!!

Cheers,

Nick
nreese is offline  
Old 3rd Mar 2021, 00:06
  #4 (permalink)  
 
Join Date: Jul 2008
Location: australia
Age: 46
Posts: 12
Didnít take long for the PPRuNe haters to get stuck in!!

My rule of thumb for what itís worth...

Double fuel cost for the direct operating cost

Triple fuel cost to cover everything else (depreciation, cost of finance etc) - and if nothing big breaks down you any even make a little.

This is a very sweeping generalisation - do a heap of hours and things look better, do very little and you will be loosing $$$$.

good luck with it - at worst it will be a great education in how the aviation business works.
courier101 is offline  
Old 3rd Mar 2021, 00:15
  #5 (permalink)  
 
Join Date: Sep 2020
Location: Melbourne, Australia
Posts: 53
Originally Posted by nreese View Post
If anyone can suggest some ballpark figures for how much I should allow hourly for maintenance costs it would be appreciated. Any other thoughts welcome.
Send me a message and I'd be happy to share my spreadsheet.

Originally Posted by Tubman601 View Post
Why would you buy an aircraft then ask these questions. Wonder why people get into financial difficulty.
Then there are those who say if you need to ask before you buy then you can't afford it.
David J Pilkington is offline  
Old 3rd Mar 2021, 00:16
  #6 (permalink)  
Thread Starter
 
Join Date: Dec 2020
Location: Lismore
Posts: 16
Thanks Courier,

Yep, your suggestions sound right. I'll get paid to train in it too, so with tax deductability and income on the plus side, the numbers look OK. The convenience of owning your own aircraft? Priceless ;-), err, maybe.

Cheers
nreese is offline  
Old 3rd Mar 2021, 00:18
  #7 (permalink)  
 
Join Date: Aug 2017
Location: In the Cab
Posts: 113
I’ve just bought this, yet I want someone else to double check my figures?
Ive got a M.Bus, but too late since I’ve already purchased it - riiiiight!
Double_Clutch is offline  
Old 3rd Mar 2021, 00:22
  #8 (permalink)  
Thread Starter
 
Join Date: Dec 2020
Location: Lismore
Posts: 16
Thanks David. PM sent.
nreese is offline  
Old 3rd Mar 2021, 02:38
  #9 (permalink)  
 
Join Date: Apr 2008
Location: Sydney
Age: 59
Posts: 423
Originally Posted by Double_Clutch View Post
Iíve just bought this, yet I want someone else to double check my figures?
Ive got a M.Bus, but too late since Iíve already purchased it - riiiiight!
He is being smart and looking for hidden costs he may not have considered before setting an hourly rate for the crosshire.
roundsounds is offline  
Old 3rd Mar 2021, 02:48
  #10 (permalink)  
Thread Starter
 
Join Date: Dec 2020
Location: Lismore
Posts: 16
Roundsounds - thank you, such kind words. And yes, I have checked my figures against some real world ones now. I never believe budget numbers until you can ground truth them. Cheers.
nreese is offline  
Old 3rd Mar 2021, 03:05
  #11 (permalink)  
 
Join Date: Mar 2011
Location: Asia
Posts: 24
Originally Posted by roundsounds View Post
He is being smart and looking for hidden costs he may not have considered before setting an hourly rate for the crosshire.
You donít get it, being smart is knowing all these costs before you buy the aircraft, if it doesnít add up, you donít buy. Bit late once youíve made the purchase. Do the research first, Iíve owned numerous aircraft and never been bitten for that reason. Iím not a hater, but you have to be more clever than that. I hope it works out for you.
Tubman601 is offline  
Old 3rd Mar 2021, 05:05
  #12 (permalink)  
 
Join Date: Sep 2019
Location: Outer ring of HEL
Posts: 386
Originally Posted by Tubman601 View Post
You donít get it, being smart is knowing all these costs before you buy the aircraft, if it doesnít add up, you donít buy. Bit late once youíve made the purchase. Do the research first, Iíve owned numerous aircraft and never been bitten for that reason. Iím not a hater, but you have to be more clever than that. I hope it works out for you.
what if he had a deal on the Beech he could not walk away? OP stated he's flying him self too and now sees the opportunity to cover at least some of the costs.
Beamr is online now  
Old 3rd Mar 2021, 06:49
  #13 (permalink)  
 
Join Date: Jan 2004
Location: melbourne
Posts: 282
If it is the Skipper I am thinking of it was recently sold at Auction for not much money. If so the spreadsheet will look Ok for positive cash flow generation.
coaldemon is offline  
Old 3rd Mar 2021, 08:02
  #14 (permalink)  
 
Join Date: Jan 2021
Location: McLimitVille
Posts: 0
reeeceeeeeyy,

A couple of **** heads have popped in from the QF SO thread looks like

I bought a Tommy years ago, under similar circumstances. Had it online at the school I worked at, it worked out balltearingly. I can't remember the financials apart from being disciplined with the money, making sure what you're allocating stays in the account! And when you use it, you pay the rate as well! Then a storm came through the airfield and wrecked it. I miss her, still wish I had it.

The first year should be a good guide, you'll get your head around fixed and variable. I've heard whispers that SIDS may be coming to Beechcraft, you may want to put a bit away each month for that.
McLimit is offline  
Old 3rd Mar 2021, 12:58
  #15 (permalink)  
 
Join Date: Apr 2003
Location: USA
Posts: 265
Originally Posted by Tubman601 View Post
You donít get it, being smart is knowing all these costs before you buy the aircraft, if it doesnít add up, you donít buy. Bit late once youíve made the purchase. Do the research first, Iíve owned numerous aircraft and never been bitten for that reason. Iím not a hater, but you have to be more clever than that. I hope it works out for you.
Not precisely, he can charge whatever hourly rate he wants to cover costs, heís just making sure heís charging enough.
havick is offline  
Old 3rd Mar 2021, 15:11
  #16 (permalink)  
 
Join Date: Dec 2001
Location: FL, USA
Posts: 2,746
Light years ago there used to be a free airplane cost calculator online that had hundreds of airplane types. All you had to do was fill in the blanks and it would spit out a number.
Alas....I canít find it anywhere.

Top of my head:

Hangarage
Insurance
Engine fund
Refurbish fund ( paint & interior & avionics)
Fuel & oil

If youíre looking for the airplane to pay for itself donít skimp on the engine or refurbish fund.
Rental and training is a hard life and if you wish to sell in 5 years and not take a hit it needs refurbish.
B2N2 is offline  
Old 3rd Mar 2021, 17:12
  #17 (permalink)  
 
Join Date: Oct 2017
Location: Tent
Posts: 774
Originally Posted by Tubman601 View Post
You donít get it, being smart is knowing all these costs before you buy the aircraft, if it doesnít add up, you donít buy. Bit late once youíve made the purchase. Do the research first, Iíve owned numerous aircraft and never been bitten for that reason. Iím not a hater, but you have to be more clever than that. I hope it works out for you.
We are hardly talking sheep stations here.
His coin, can spend it how he likes.
I know a guy that lost over $1,000,000 in aviation - said it was the best $1mill he ever spent. He learnt from it! got better and sold out a few years ago for happy retirement.
Bend alot is offline  
Old 3rd Mar 2021, 18:16
  #18 (permalink)  
 
Join Date: Nov 2000
Location: Melbourne,Vic,Australia
Posts: 408
Originally Posted by nreese View Post
Thanks Courier,
The convenience of owning your own aircraft? Priceless ;-), err, maybe.
Cheers
Wrong Demonstration - It's on the line ie for rent! If someone else want's to fly it they have Priority. presuming you want it to pay you money
Deaf is offline  
Old 3rd Mar 2021, 19:55
  #19 (permalink)  
 
Join Date: Apr 2004
Location: Perth
Posts: 42
Originally Posted by nreese View Post
I've done all the figures - I have a Masters of Business and am quite good with cash flows. I just wanted to ground truth my figures. Valid question though!!

Cheers,

Nick
Book smart possibly but maybe not real smart given the forum is Airline and RPT Rumours & News in Australia, enZed and the Pacific and has nothing to do with a 40 year old bug smasher that will be good money after bad from day 1. Note Flying Schools love a schmuck who thinks that's not going to be the case.

Love to waste even more time in the incorrect forum and post more about wannabes but have to go and jump in my HZ Holden for a few hours with UBER to supplement my Qantas JK.

Is there someone here who has a meaningless Business qualification who can share the spreadsheet of how a 40 year old piece of equipment with 80 year old tech is even going to come close to cover the costs of keeping it on the road.

I'm guessing NOT.

​​​​​​


longlegs is offline  
Old 4th Mar 2021, 02:30
  #20 (permalink)  
 
Join Date: Feb 2008
Location: AUS
Posts: 211
I donít understand some of the comments.

So what if he should have done more research? So what if he has gone about it backwards?

Heís not asking anyone to give him money. Heís just asking for ballpark costs if people have them.
AmarokGTI is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.