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#1
May 15th 09, 05:24 PM
posted to rec.aviation.student,rec.aviation.piloting
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Why haven't rental rates come back down?
"Zack Sten" wrote ... At least you are still able to fly. At the FBO/Flight School I have rented from for more than six years, the entire fleet of aircraft have been grounded since January. The excuse was that they can no longer pay for the insurance on those aircraft. Here's a "cold water shot of reality" from about eight years ago: Yearly insurance on a 1979 PA28-181, 1M/100K: Private owners (2 named pilots) $850. Club (2 planes/ 28 members) $2800 per plane. Local FBO (training & rental) $8600 
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