Cost Per Hour for PA-31-350

Yes, insurance will cost more. And you'll probably have to
wash it and clean the inside more often, charter passengers
often have bouts of airsickness and regurgitate all that
expensive beer and whiskey you have to buy.

You'll also have crew training and flight test costs, the
maintenance becomes mandatory, you can't let a SB slide.

Charter is usually sold by the mile round trip, you need to
convert block cruising speed [probably 20-25% less than max
TAS] to find statute miles to bill by and how many miles
you'll travel in an average hour. You will need to factor
non-revenue hours into the mix and come up with a per mile
price. You also can't vary very much from the competition,
else you won't get any customers if your high. If you're
low ball, you'll get a lot of charter before your account
tells you the cash flow is negative.

A new business has to offer credit and you'll get the
dead-beats the other charter operators have learned to
avoid. You need to be hard line and do credit and
background checks on your customers, you don't want to be
providing "free" services and you don't want to be carrying
drugs or terrorists.

You have crew training, insurance, flight tests,
maintenance, overhaul reserves, fuel, oil, tires, charts,
hanger and tie-down fees, taxes, and advertising. Then you
may get your first revenue flight and get paid eventually.


--
James H. Macklin
ATP,CFI,A&P

--
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"AML" wrote in message
...
| In article sqJfg.25129$ZW3.14256@dukeread04,
| "Jim Macklin"
wrote:
|
| No doubt, but costs vary depending on the age and
condition
| of the airplane, the cost of fuel and insurance [pilot
| qualifications] and thus any price listed should be
checked
| against your particular operation. Charge too much and
| nobody will fly, charge too little and you'll rent it
out a
| lot and lose money on every hour.
| With fuel prices as they are, a dry rental is best for
the
| renter or a wet rental is better for the rentee.
|
|
| "Jim Burns" wrote in
| message ...
| | That sites numbers are just about dead on for our
Aztec.
| | Jim
| |
| | "Kingfish" wrote in message
| |
|
oups.com...
| |
| | AML wrote:
| | Anyone know what the cost per hour is for a
| Chieftain?
| |
| | Try this site:
| |
| |
|
http://www.planequest.com/operationc...nfo.asp?id=199
| |
| |
| |
|
|
|
| This plane will be used as a charter plane. Does insurance
go up then?