Why haven't rental rates come back down?
"Bob" wrote in message
. 102...
Mark Hansen wrote in
:
On 05/13/09 10:54, Dallas wrote:
On Tue, 12 May 2009 20:07:24 GMT, Bob wrote:
My FBO/Flight School charges $95.00 (wet) for a 172, a $3 increase
from last year.
Those are sweet prices. I hope you appreciate the good deal you've
got going there.
Not to make you feel worse, but in my club, we rent IFR-certified 172s
for around $80 wet. Plus we have great insurance for a club membership
fee of $19/month.
No yearly or monthly membership fees. Club has a bonus program that
actually lowers the prices for members. Deposit at least $300 in your
account, and get a 20% bonus. This brings the cost of a 172 down to
$79.00. We are also reimbursed for fuel if we have to buy it at another
airport.
One of the busiest flight schools in the area. Several distinguished
graduates, including a several astronauts.
Question: How many hours per year do the airplanes fly?
I ask that because I suspect that a lot of the current rental prices are
going into the fixed overhead--and the owners and opperators are probably
still losing money.
Peter
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