View Single Post
  #5  
Old August 1st 05, 05:51 PM
Andrew Gideon
external usenet poster
 
Posts: n/a
Default

Paul Tomblin wrote:

In a previous article, Andrew Gideon said:
Paul Tomblin wrote:
http://www.rochesterflyingclub.com/rates.shtml
$80 a month.


BTW, why break out the insurance from the monthly? The actual monthly is
$80+$24. Why not just call it $104?


No, the actual monthly is $82. The insurance is once a year.


Oh, so the monthly cost is $82+($24/12)=$84?

I still don't understand why you break it out, though. Our club simply
bundles insurance into the monthly (along with other fixed costs). Why
break out this cost, but not others?


Any why break out "Lance membership" for a higher monthly? I'd guess that
this is to avoid having "low end" members pay the fixed costs for the
"high end" planes, right?


Yes. This year we were forced to go to a "named pilot" policy on the
Lance. Since the insurance company only wanted 8 people on the list, but
15 people wanted to fly it and a bunch more had thoughts about eventually
moving up to it, we put that levy on the Lance pilots so that 7 people
would drop off the list of "wanting to fly the Lance", just to be fair to
the rest of the club.


Ah, the economic solution to excess demand. Reasonable.

Personally, I pay the fee, and I wouldn't think it
fair that the rest of the club pays for the Lance's fixed costs if they
couldn't fly it.


Also reasonable. And I assume that, despite the fact that the motivation
for the premium is controlling demand, the extra income goes to the Lance's
fixed costs?

- Andrew