So what is the status of RAA flying schools today and how are the costs raising for dual training.

[storchy neil]

Okay people's how about putting how you would work out cost on an xxxxx for easy figure say an 80 thousand dollar aircraft hourly rate and how long that aircraft has to be in service to pay for its self Neil

 

 

[DrZoos]

Okay people's how about putting how you would work out cost on an xxxxx for easy figure say an 80 thousand dollar aircraft hourly rate and how long that aircraft has to be in service to pay for its self Neil

Maint is approx $1000 per 100 hours so $10 hour

fuel is approx $30 per hour for circuits

 

Insurance $3000 per year so at say 1000 hours $3 hr

 

Hanger cost $2000 yr $2 hr

 

Airport fees $1000 per year, $1 hr

 

Aircaft buy for $80000, sell for $30000 cost $50000 over 4000 hrs is $12.50 hr

 

engine replacement at 2000 hours net cost $25000 say $12.50 hr

 

Other component failures $2000 year $2 hr

 

interest on $80000 if its a loan is 5% $4000 yr $4 hr

 

Its late my brains tired i might have forgot something.

 

But say $80 hour minimum and $100 max as long as the aircraft are flying a lot. Charging $125 gives a cusion over time and helps fund the next aircraft.