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GA Flying Down 20%



 
 
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  #31  
Old June 1st 07, 05:33 PM posted to rec.aviation.piloting
Jim Burns[_2_]
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Posts: 257
Default GA Flying Down 20%

Good point. and the aerial applicators as well.
Jim

"John Clear" wrote in message
...
In article .com,
M wrote:
On May 31, 8:29 pm, Jay Honeck wrote:

I wonder if those sales figures from the 1980s included military
aircraft? There used to be lots of military hardware burning avgas
-- not any more...


I don't think the Military had active duty piston engine aircrafts in
the 1980s. It was all GA.


One thing to consider is old frieght dogs changing from piston
powered beasts to turbine monsters. A Twin Beech or DC-3 burns
quite a bit of fuel.

One stat I've seen, but can't source right now, is that $bignum
percent of piston engines could run on a 95UL fuel (basically a
super premium blend of mogas), but the majority of avgas burnt goes
into the $smallnum percent of engines that can't burn 95UL and need
100 octane. I wonder if that stat is still true, with there being
a lot less big piston aircraft out there now.

John
--
John Clear - http://www.clear-prop.org/



  #32  
Old June 1st 07, 06:48 PM posted to rec.aviation.piloting
Jay Honeck
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Posts: 3,573
Default GA Flying Down 20%

Additionally, a million dollars really isn't significant these days.

???

While it's not what it once was, a million bucks is enough to live on
quite comfortably for decades.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

  #33  
Old June 1st 07, 06:52 PM posted to rec.aviation.piloting
Jay Honeck
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Posts: 3,573
Default GA Flying Down 20%

I don't think many military airplanes have used avgas since 2000, and
the drop since this is still very dramatic. I won't say GA is dead, but
it certainly is very sick. I'm looking at BMW motorcycles this weekend,
having decided I simply can't afford an airplane of the capability I
really need to be useful (Skylane or better) and the inconvenience of he
nearest airport with hangars being 45 minutes away. If I buy a new
bike, I'll probably drop my flying club membership and ride.


Don't get me wrong -- riding is great. (Just got my Goldwing out of
winter storage last weekend.) But it ain't flying...

Nothing is.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

  #34  
Old June 1st 07, 07:08 PM posted to rec.aviation.piloting
Mxsmanic
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Posts: 9,169
Default GA Flying Down 20%

Jay Honeck writes:

While it's not what it once was, a million bucks is enough to live on
quite comfortably for decades.


Decades? I think not. Not when a nice house alone costs more than a million
dollars, and a mediocre house costs half a million.
  #35  
Old June 1st 07, 07:09 PM posted to rec.aviation.piloting
Mxsmanic
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Posts: 9,169
Default GA Flying Down 20%

Nomen Nescio writes:

A million in a tax free 5% Muni generates well over 5 times your annual
income.


A million after taxes might, but you need a lot more than a million to have a
million left after taxes.
  #36  
Old June 1st 07, 07:10 PM posted to rec.aviation.piloting
Bertie the Bunyip[_2_]
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Posts: 896
Default GA Flying Down 20%

Mxsmanic wrote in
:

Jay Honeck writes:

While it's not what it once was, a million bucks is enough to live on
quite comfortably for decades.


Decades? I think not. Not when a nice house alone costs more than a
million dollars, and a mediocre house costs half a million.


Fortunatley for you Dumpsters are cheap and plentiful


Berti e
  #37  
Old June 1st 07, 08:05 PM posted to rec.aviation.piloting
[email protected]
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Posts: 2,892
Default GA Flying Down 20%

Mxsmanic wrote:
Jay Honeck writes:


While it's not what it once was, a million bucks is enough to live on
quite comfortably for decades.


Decades? I think not. Not when a nice house alone costs more than a million
dollars, and a mediocre house costs half a million.


Adults can get credit.

$1M house ~ $3K/month

$1M/($3K*12) ~ 28 years

Adults can get interest.

$1M @ 5.75% annual yield = $57,500/year

House payment = $36,000/year

Net annual income $57.5K - $36K = $21.5K

Adults pay taxes.

The house payment is almost totally deductible, so the taxable
annual income is $21.5K, which is a negligable tax rate.

After 28 years, amount on hand (neglecting other expenses

$1M + 28 ($21.5K) ~ $1.6M.

Or you could spend ~$50K/year (in addition to the house payment)
and wind up with about $0 after 28 years.

You'll understand all this when you grow up.

--
Jim Pennino

Remove .spam.sux to reply.
  #38  
Old June 1st 07, 08:48 PM posted to rec.aviation.piloting
Gig 601XL Builder
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Posts: 2,317
Default GA Flying Down 20%

Mxsmanic wrote:

Additionally, a million dollars really isn't significant these days.


While true it really is funny to se it written by someone who at their
current rate will not earn that much in 200 years.


  #39  
Old June 1st 07, 08:49 PM posted to rec.aviation.piloting
Matt Barrow[_4_]
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Posts: 1,119
Default GA Flying Down 20%


"Jay Honeck" wrote in message
ups.com...
I don't think many military airplanes have used avgas since 2000, and
the drop since this is still very dramatic. I won't say GA is dead, but
it certainly is very sick. I'm looking at BMW motorcycles this weekend,
having decided I simply can't afford an airplane of the capability I
really need to be useful (Skylane or better) and the inconvenience of he
nearest airport with hangars being 45 minutes away. If I buy a new
bike, I'll probably drop my flying club membership and ride.


Don't get me wrong -- riding is great. (Just got my Goldwing out of
winter storage last weekend.) But it ain't flying...

Nothing is.



1) Buy a hotel or two far away from where you are, but in places you like to
visit.

2) Fly to them to "cehck on our properties".

3) Write off the vast majority of your flying costs.


  #40  
Old June 1st 07, 10:16 PM posted to rec.aviation.piloting
Matt Whiting
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Posts: 2,232
Default GA Flying Down 20%

Jay Honeck wrote:
I don't think many military airplanes have used avgas since 2000, and
the drop since this is still very dramatic. I won't say GA is dead, but
it certainly is very sick. I'm looking at BMW motorcycles this weekend,
having decided I simply can't afford an airplane of the capability I
really need to be useful (Skylane or better) and the inconvenience of he
nearest airport with hangars being 45 minutes away. If I buy a new
bike, I'll probably drop my flying club membership and ride.


Don't get me wrong -- riding is great. (Just got my Goldwing out of
winter storage last weekend.) But it ain't flying...

Nothing is.


Nothing but flying is flying, but nothing but riding is riding. I don't
value one more than the other. They are different experiences, but
neither is better or worse than the other. Some people have broader
interests that you. You need to understand that.

Matt
 




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