Go Back  PPRuNe Forums > Non-Airline Forums > Private Flying
Reload this Page >

How much does your private flying cost you?

Private Flying LAA/BMAA/BGA/BPA The sheer pleasure of flight.

How much does your private flying cost you?

Old 30th Jan 2015, 19:08
  #41 (permalink)  
 
Join Date: May 2008
Location: Faversham
Posts: 283
Likes: 0
Received 0 Likes on 0 Posts
How much does it REALLY cost?

On Alderney last year, we got into conversation with a sailor and his wife who'd taken several days to get there from Bristol. We started comparing costs - marina, maintenance etc. He told me that mariners have a standard answer when asked "how much does it cost" - apparently the answer is "how much can you afford". Same difference?
Curlytips is offline  
Old 30th Jan 2015, 19:44
  #42 (permalink)  
 
Join Date: Jul 2005
Location: UK
Posts: 413
Likes: 0
Received 0 Likes on 0 Posts
*cough* PPL FI here, about 500 hours over the last year, in a variety of types, and paid to do it. So it doesn't cost me that much, but did to get myself into this position!
sapperkenno is offline  
Old 30th Jan 2015, 20:14
  #43 (permalink)  
 
Join Date: Sep 2003
Location: South Norfolk, England
Age: 57
Posts: 1,195
Likes: 0
Received 0 Likes on 0 Posts
23 hours in a Piper L4 Cub last year came to around 1250 including subs. I haven't included the share cost as I could get that back in an instant and the value is increasing rather than depreciating it seems.

SS
shortstripper is offline  
Old 30th Jan 2015, 21:42
  #44 (permalink)  
 
Join Date: Sep 2006
Location: 23, Railway Cuttings, East Cheam
Age: 66
Posts: 3,115
Likes: 0
Received 0 Likes on 0 Posts
I budget 300 a month for rental costs, not counting landing fees, maps, Skydemon subs, pub lunches and all the other guff that goes with flying. I average around 70 hrs per year P1 on this and probably do around 120 hrs including RH seat. I do have a lot of non pilot friends who like to fly who cost share. This makes a massive difference, I very rarely fly on my own unless it's a servicing flight. In fact more often than not I'll stick someone in the RH seat if it's a servicing flight just for someone to talk to.
thing is offline  
Old 31st Jan 2015, 13:27
  #45 (permalink)  
 
Join Date: Mar 2008
Location: In Exile...
Posts: 332
Likes: 0
Received 0 Likes on 0 Posts
I did 50hrs in my Europa before leaving the syndicate. Total cost over 2 years excluding landing, handling, club membership, LAA membership but including hangarage, maintenance, insurance, fuel, oil, etc was 60/hr wet. Factor in all the other costs and it was probably closer to 70/hr.

What was it *worth* - priceless. Miss that aeroplane.
x933 is offline  
Old 1st Feb 2015, 21:26
  #46 (permalink)  
 
Join Date: Dec 2002
Location: Hellfire Corner
Posts: 374
Likes: 0
Received 0 Likes on 0 Posts
Permit aircraft, hangarage of just under 2000 p.a., fuel, insurance, Permit, plus maintenance and sundries estimated fairly generously at 500, gives something in the region of 47 p.h for last year's flying.

Fuel prices at today's prices would reduce this to about 41.

Not Rotax money, but my little Continental sounds so much nicer...
ChampChump is offline  
Old 1st Feb 2015, 22:03
  #47 (permalink)  
 
Join Date: May 2014
Location: Uk
Posts: 183
Likes: 0
Received 0 Likes on 0 Posts
What this brings home is the (un)economics of the industry.

If as an aircraft owner you were tempted to hire out, you are (I believe) restricted to CofA types and therefore most if not all of the lower cost examples above need to be ignored.

So, take the costs I've declared above for what is a typical trainer/hire aircraft. They were 150 per hour. Knock out the hangarage and it drops to 120 per hour. I know Fuel is more expensive than market rate at home base, but maintenance I pay is I believe in line with market.

However, if hiring then there would need to be a CAMO involved which as private owners we don't need, and I'm guessing that even as a low hours PPL my insurance is going to be lower than an aircraft available for hire. Although the full value of maintenance will be seen (50 hours will be 50 hours flying not 6 month time elapsing) you would expect the maintenance costs to go up-hired planes I'm guessing don't get respected as well as owned ones. Furthermore as a hired plane engines will need changing on calendar time irrespective of hours and compressions.

So overall, even if the swings and roundabouts cost the same as I'm paying (which seems a bit optimistic), how does anyone expect to make money given that a wet hire rate for a C150/152 is iro 125ish per hour ?
150 Driver is offline  
Old 2nd Feb 2015, 08:24
  #48 (permalink)  
 
Join Date: Mar 2014
Location: The World
Posts: 1,271
Likes: 0
Received 0 Likes on 0 Posts
So overall, even if the swings and roundabouts cost the same as I'm paying (which seems a bit optimistic), how does anyone expect to make money given that a wet hire rate for a C150/152 is iro 125ish per hour ?
Truth is, almost nobody can make money with this business. A sustainable commercial operations in that sector is long gone and what we do since many decades is living from the value our grandfathers built, by eating it up.
ChickenHouse is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

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

Copyright © 2023 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.