Investment

Investment

For most of us flying is an exhilarating hobby, no different than boating or riding motorcycles. The main difference is that your investment goes into your training not into the asset. The vast majority of our pilots do not actually own their own aircraft. They pay an hourly rate (all inclusive) and that’s it! All of the costs associated with other hobbies simply don’t exist when flying our airplanes.

Let’s compare some hobbies.

24 foot bow-rider Motorcycle Airplane
Purchase (30K purchase) $350.00X 12 mths

$4200.00

$350 x12 mths
$4200
$0 –
Rental
Mooring $1200 0 $0
Rental ( 50 hrs) Can’t rent Can’t rent $8100
Winter Storage $900 $500 $0
Fuel ( 100 hrs) $4000 ($40.00 per hr) $1500 ($15.00 per hr) incl
Insurance $1500 $2500 incl
Annual Safety $500 $2000 ( upgrades etc) incl
Licensing $250 $250 incl
Personal licensing

(1st yr)

$200 $250 $2100 (aprox 30 hr with Instructor co-pilot)
Asset Depreciation 20 percent 15 percent $0
Gear – safety, mandatory $2000.00 $2,000 $0. all gear provided
Usefulness (mths per yr) 3 months 7 months 12 month
Total cost per year $14750.00 $13200.00 $10,200
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