Flying Club Costs

The Weiss Family wrote:

I then tried to estimate annual costs.

You've left out the "banks" for replacement or repair of avionics and overhaul of
engines and props. The overhaul bank on an O-320 will be about $9/flight hour. It'll
be more for that 182.

George Patterson
None of us is as dumb as all of us.

"G.R. Patterson III" wrote in message
...


The Weiss Family wrote:

I then tried to estimate annual costs.

You've left out the "banks" for replacement or repair of avionics and
overhaul of
engines and props. The overhaul bank on an O-320 will be about $9/flight
hour. It'll
be more for that 182.

George Patterson
None of us is as dumb as all of us.

I was assuming engine reserve, etc would be part of the $10K/yr maintenance.
Although possible, I don't think the annual would be $10K year after year.
Does that seem reasonable? I've never owned, so it was just a guess on my
part.

Adam

It could be $10,000 if you have 15 different pilots who are flying 400hrs/yr
total.

Mike
MU-2


"The Weiss Family" wrote in message
...

"G.R. Patterson III" wrote in message
...


The Weiss Family wrote:

I then tried to estimate annual costs.

You've left out the "banks" for replacement or repair of avionics and
overhaul of
engines and props. The overhaul bank on an O-320 will be about $9/flight
hour. It'll
be more for that 182.

George Patterson
None of us is as dumb as all of us.

I was assuming engine reserve, etc would be part of the $10K/yr
maintenance.
Although possible, I don't think the annual would be $10K year after year.
Does that seem reasonable? I've never owned, so it was just a guess on my
part.

Adam

"G.R. Patterson III" wrote in message
...


The Weiss Family wrote:

I then tried to estimate annual costs.

You've left out the "banks" for replacement or repair of avionics and
overhaul of
engines and props. The overhaul bank on an O-320 will be about $9/flight
hour. It'll
be more for that 182.


At $80 per hour that should be taken care of - those planes don't burn that
much fuel.

I agree - this club seems to be rolling in cash or there are early members
who have not contributed at this level.

Just for grins I ran a 50k loan at 15 years for 9% - you can do better with
an equity loan, but the payments are roughly 500 per month. Add $200 for
tie down and insurance (fixed gear single) and that is about $700 per month.
Seems to me the original poster might want to consider an alternative. I
would start my own "flying club" or partnership in his/her position.

With 3-4 people in the partnership you might have more access to the plane
than the 15 person club with 2 planes and have lower insurance as well. I
round up the monthly costs to $900 to be conservative and drop the hourly
charge a bit too. With 3-4 people that means about 200 to 300 per month fee
with lower hourly charge, equity in the plane and probably more access to
the plane.

just my opinion.

(own a grumman cheetah)




George Patterson
None of us is as dumb as all of us.