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![]() "Jay Honeck" wrote in message oups.com... 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" Taking the items in reverse order: I don't personnally know any of the owners who fret over the other toys they could have bought instead of an aircraft, so I won't attempt to address that issue. However, the spreadsheet issue is an interesting one--especially with regard to new aircraft and, to a slightly lesser extent, late model used aircraft. It is outside my areas of expertise, but was a large part of the reason for my vociferous critisism of Mr. Bass at Piper. However, an initial spreadsheet analysis is a traditional way to make a decision to own or rent--despite the obvious problems. Getting back to the questions of fixed vs variable costs, there a lot of people who use their airplanes for business, or to facilitate business, and who choose to do so from after tax income--usually because itis less than half of their flying. That obviously does not pass a management class analysis; but it often works better than concepts that do. The important point is that, for them, the fixed costs were fully justified and amortized by the business use--and only the variable costs remain. It is also a much easier way to deal with the need for proficiency and currency. Yes, I know that means most of the owners do not meet your definition of successfull; but, despite their ****ing and moaning, their presence does continue to further the cause of GA. Peter |
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On Jun 18, 11:13 pm, Jay Honeck wrote:
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. I fly because of the joy it brings me. I will continue to fly when I can, and consider myself very blessed to have been able to fly 3000 hours in the last 30 years. I will not let gas prices steal my joy. I will not let fretting about the future of GA steal my joy. I will consider each hour I fly in the future to be even more precious than the last because of its increasing scarcity. I refuse to participate in the gloom. -- Gene Seibel Tales of Flight - http://pad39a.com/gene/tales.html Because I fly, I envy no one. |
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![]() Larry Dighera wrote: On Sun, 17 Jun 2007 18:06:38 -0700, Jay Honeck wrote in . com: [Report of low attendance at the Cherokee Pilots Association national fly-in snipped] Thanks for the data point. As I recall, the cost of fuel makes up the major portion of the cost of aircraft ownership and operation. You've never owned an airplane, have you? As long as the government continues to subsidize profiteering oil companies, and fails to impose a windfall profits tax and/or price controls as was done in the '70s, the cost of living will increase in proportion to the obscene oilmens' profits. And don't forget, that our government is letting our currency, the US dollar, continue its plunge in value, thus further reducing the purchasing power of US workers. So while baby Bush and the sheiks hug and kiss, the American populace loses ground on the financial front, and Halliburton moves to Dubai to escape taxation on their non-competitive government contract profits. Umm, sorry to break up your little tantrum with facts, but Halliburton is moving to Dubai because that is where the oil is today. That's exactly what happened when the oil companies moved their headquarters to Texas. Profits made from U.S. of America will still be taxed by U.S. of America, just like any other company in the world. What specific companies would you like to see contracted instead? Welcome to the land of government of the people, by the corporations, and for the corporations. And thanks for voting for that sniveling nepotistic who is squandering our hard earned tax dollars at the rate of $3 billion a week on a pointless war while irrationally supporting the right of a zygote to Constitutional protections, irrationally obstructing embryonic stem cell research Relax. There are bans on stem cell research. There are only bans on using federal tax dollars, which a few phrases above you were claiming were being spent too often anyway. |
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![]() Taylor Hughes wrote: Larry Dighera wrote: On Sun, 17 Jun 2007 18:06:38 -0700, Jay Honeck wrote in . com: [Report of low attendance at the Cherokee Pilots Association national fly-in snipped] Thanks for the data point. As I recall, the cost of fuel makes up the major portion of the cost of aircraft ownership and operation. You've never owned an airplane, have you? As long as the government continues to subsidize profiteering oil companies, and fails to impose a windfall profits tax and/or price controls as was done in the '70s, the cost of living will increase in proportion to the obscene oilmens' profits. And don't forget, that our government is letting our currency, the US dollar, continue its plunge in value, thus further reducing the purchasing power of US workers. So while baby Bush and the sheiks hug and kiss, the American populace loses ground on the financial front, and Halliburton moves to Dubai to escape taxation on their non-competitive government contract profits. Umm, sorry to break up your little tantrum with facts, but Halliburton is moving to Dubai because that is where the oil is today. That's exactly what happened when the oil companies moved their headquarters to Texas. Profits made from U.S. of America will still be taxed by U.S. of America, just like any other company in the world. What specific companies would you like to see contracted instead? Welcome to the land of government of the people, by the corporations, and for the corporations. And thanks for voting for that sniveling nepotistic who is squandering our hard earned tax dollars at the rate of $3 billion a week on a pointless war while irrationally supporting the right of a zygote to Constitutional protections, irrationally obstructing embryonic stem cell research Relax. There are bans on stem cell research. Oops, should read, there are no bans on doing stem cell research, doh! There are only bans on using federal tax dollars, which a few phrases above you were claiming were being spent too often anyway. |
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On Jun 17, 8:06 pm, Jay Honeck wrote:
Mary and I just returned from a wonderful weekend at the Cherokee Pilots Association national fly-in, held annually in Osage Beach, Missouri, at the Tan-Tar-A resort. We had a wonderful time, catching up with old friends, and making new ones. We bought some cool stuff from the vendors, gave away some hotel certificates to CPA members, and I enjoyed a marvelous Father's Day flight home. Appreciate the report Jay. I had intended to go to last year's shindig, but by the time I got around to doing anything about it there wasn't any more room at Tan-Tar-A for the fly-in (I don't remember the details, but basically what I do remember, was that I was "too late" and was kicking myself). This year, I didn't hear about it until I happened by one of your posts, and then realized that it was father's day weekend. It wasn't always on father's day weekend was it? I certainly don't remember that from previous years. For some reason I thought it was later in June. Combine that with the fact that I have a pre-planned family get away at the the Lake of the Ozark's the following weekend and it just didn't "fit" for me this year. To further your gloom, it was also the WACO fly-in at 1H0 this weekend. And while there were plenty of airplanes on the ramp, it was not up to previous years. I haven't gotten the details from the regulars on the field yet as to if the overall numbers were up/down, but I suspect they were down. While fuel costs have certainly curtailed some flying, I find my biggest issue with planning a long cross country is the local attractions/transportation. I've gone to Tan-Tar-A for a weekend trip before with the wife and kid and we had a blast, but we were basically locked into the resort. A one day car rental was over $80 (before taxes) from the front desk, and $50-60 at the FBO. That quickly destroy's the value proposition versus driving 3 hours. Basically I "need" someone at the remote destination, or it has to be a major city with decent car rentals (and no exhorbitant FBO surcharges!) in which case I likely have to pay an exhorbitant price for fuel. As to OSH, I'll be there this year, (and hope to make it to the R.A.P party for the first time), but it looks like I'm driving as my other partners are getting their chance to fly the trip this year. Brian |
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I was a P28 owner that did not attend the CPA event this year, but as
many others have stated, it was because of a scheduling conflict (wedding). There's always been something in June. My overall opinion is that piston airplanes are just too expensive for what they are capable of doing, including the Cirrus and Columbia portfolio. $500,000 for a single engine airplane? $500,000??? $75,000 for a LSA that has government limitations that have nothing to do with performance capabilities. So - most of us opt for used airplanes, only to find out that over a period of several years it's easy - nay - mandatory, to spend much more on maintenance than the airplane is worth. As a result, a lot of people who fly used airplanes are just sort of scraping along to keep it going. All it takes is one expensive event to cause a sale. Often it's an AD. The Arrow series had a $3000 SB this year for many of us. Hidden damage shows up when fixing minor problems, e.g. the poor guy who discovered spar corrosion that totaled the plane. I know of one flier at KGYY who stopped flying when his hangar rent went up $50 a month - that was his limit. Having stated a problem, I have to admit that I haven't a clue how to make a new airplane for $100,000 that carries 4 people in relaxed comfort with reasonable noise levels at 200 knots. I assume that the certification and litigation costs are major contributors to the problem, but even a high end kit plane with first class avionics can easily set you back $150K. Another part of the problem is that the manufacturing volume isn't there to spread development costs over millions of units. |
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On Jun 17, 9:06 pm, Jay Honeck wrote:
Get out there and FLY, people! I appreciate learning info like this,even though I don't really want to know it. I love flying, but unless I ever come into some kind of mad money, I will always be a club pilot and/or renter, with its huge cost advantages but huge drawbacks in the areas of availability and control of your own aviation destiny. I am flying to Oshkosh for the first time this year but I have a sneaking suspicion in the back of my mind that given the way aviation is going, Oshkosh 2007 may be my last hurrah of aviation. On the one hand I hope not, but besides accumulating more ratings I don't see much to drive to me to keep flying given the expense and the high percentage of my flying time and budget that goes to staying proficient to allow me to take hypothetical trips that never seem to happen for whatever reason -- weather, schedule, etc. In six years of flying I have taken exaclty two long distance x-country trips where I got full utility and enjoyment out of my years of investment, and they were great. Far more have been cancelled. Oshkosh will be the third. Maybe I should look more closely at light sport. Maybe the IFR rating isn't worth the trouble and money I went through to get it and what it takes to keep it current. I was thinking of going for my commercial but I have to ask why? To become an instructor in my retirement from the cube farm, but will there be anyone left to instruct by then? AOPA may be doing us a service by warning about the doom coming with the FAA's next authorization bill, but I suspect I'm not the only one who finds that the AOPA propaganda is more effective at being discouraging than galvanizing action. Not trying to start a poltical flame war but it's clear we have an administration that listens to no one, and will do whatever it wants to no matter the evidence, public opinion and consequences, or alternatively you could say they stand by what they think is right come what may, but either way it's clear that what they are bent on doing is destroying GA with this year's FAA "reforms" and their drive to privatize. I do think clubs will be the salvation of aviation, or at least the life support system that keeps it limping along for several more years. It's really the only way the "everyman" that you refer to can afford to keep flying. |
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On Jun 17, 8:06 pm, Jay Honeck wrote:
The general consensus, after too many gin & tonics, was that the entry- level Cherokee owners were the owners who were barely able to afford ownership in the first place, and have been most devastated by the recent 25% increase in fuel costs. In other words, they were the "canaries in the bird cage", and have died first and quickest, to serve as a warning to us all... I've been accused of being a troll over this, but didn't i mention something about aircraft prices being out of reach of the general public, and that would be a major factor in the decline of GA? Just how much is an "entry level" cherokee? dont give me just a dollar price, give me a percentage of a persons average income versus 20 years ago. |
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Just how much is an "entry level" cherokee?
dont give me just a dollar price, give me a percentage of a persons average income versus 20 years ago. I don't know an average person's income versus 20 years ago, but I do know that you can buy a nice Cherokee 140 for about $30K. That's less than my Ford Econoline van cost new, so I don't think it's an outrageous expense nowadays. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
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On 6/19/2007 12:17:16 AM, Jay Honeck wrote:
I don't know an average person's income versus 20 years ago, but I do know that you can buy a nice Cherokee 140 for about $30K. As you know, but for the benefit of those who don't own, operating costs for older aircraft become more of a barrier than acquisition cost. -- Peter |
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