Thread: Gloom
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Old June 19th 07, 05:13 AM posted to rec.aviation.piloting
Jay Honeck
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Posts: 3,573
Default Gloom

The cost of money, or of having it tied up, and the cost of storage seem to
be the two biggest problems for the owners personally known to me. OTOH,
fuel seems to be more of a verbalized annoyance--which converts readily to a
hamberger (or omelet, depending on the time of day) flight to an airport
with less expensive fuel.


You will notice one thing about successful aircraft owners. (By
"successful" I mean that they actually FLY their planes often.)

They do not consider the cost of ownership in their equations at all.
They have factored the expense of purchasing, storing, and maintaining
their aircraft into their budgets, after which they regard it as a
zero-cost affair, only considering fuel as the cost of flying.

It's a form of mental illness, really, but it works.

:-)

The LEAST successful owners I know are the ones who run spreadsheets
on the "cost of money" and fixed expenses, because they are the ones
who constantly fret over the fact that they could have bought a nice
vacation home at the lake, rather than an airplane.

Which is the reason you'll hear so many of us bitching about the
increased cost of fuel so loudly. It's the only expense we really
"see" anymore.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"