Operating Costs
Join Date: Apr 2008
Location: Out of Africa
Age: 70
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How to make a small fortune with a Twin Squirrel
Think of every possible penny that you may have to spend per year on: -
There is your answer.
This is only partially tongue in cheek - lots of us have been there.
Cheers
Trog
- Purchase or lease cost of the Helicopter
- Interest rate increases on the above
- Fuel costs rising in price by the second
- Scheduled maintenance costs x 1.5 (Manufacturers lie! especially French ones!)
- Early component replacement costs for items not achieving TBO's
- AOG surcharges for the above and below
- Estimated unscheduled maintenance cost x 2 (If you're lucky)
- Depreciation on everything you buy
- Hangarage
- Vehicle transport to and from work and for marketing trips
- Office accommodation costs (even for a scabby portakabin)
- Accountancy costs
- Bank charges for the overdraft you will need for unforseen events and the inevitable late payments from customers
- Telephone bills
- Advertising costs
- Cleaning bills
- At least 1000 items not mentioned which will still cost you money!
There is your answer.
This is only partially tongue in cheek - lots of us have been there.
Cheers
Trog
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Join Date: Jan 2008
Location: Up Norf
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Troglodita - I'd already thought of 90% of your list, thank you for your reply but that's not what I had in mind. I was rather hoping for financial guidance on a privately owned helicopter. Sorry - perhaps I should have been more specific.
Join Date: Apr 2008
Location: Out of Africa
Age: 70
Posts: 230
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Start with a large fortune!
TSRA,
Add VAT to your list if you are planning to run it privately.
p.m. me and I'll try to put you in contact with someone I trust implicitly who flies and maintains helicopters "Up Norf"
He has personal experience of operating a 355.
Cheers
Trog
Add VAT to your list if you are planning to run it privately.
p.m. me and I'll try to put you in contact with someone I trust implicitly who flies and maintains helicopters "Up Norf"
He has personal experience of operating a 355.
Cheers
Trog