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#16
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Larry Dighera wrote:
As I recall, the cost of fuel makes up the major portion of the cost of aircraft ownership and operation. For those pilots who have budgeted fixed amounts for aviation, that can only translate into fewer hours flown. Actually, (in my case) it is not. As a renter, the hourly portion of the rate for fuel is perhaps 40% of the total hourly rental cost. As I pay a wet rate, any fuel I add to the aircraft does not cost me anything additional. I am reimbursed/credited to my account any fuel costs I pay. When one subtracts out the hourly fuel cost from the hourly rental rate, the airplane is relatively rather inexpensive, given the fixed acquisition costs. |
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