Thanks,
Silver Lining
C-172 operating costs
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Silver Lining
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- Joined: Mon Feb 16, 2004 11:18 pm
- Location: Ontario
C-172 operating costs
Looking into operating a C-172 for a flight school, sight seeing, pipeline patrol and charter. Will put on approximately 700 - 1000 hrs per year. Looking to get an idea as to the operating costs per hour.
Thanks,
Silver Lining
Thanks,
Silver Lining
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Cat Driver
- Top Poster
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- Joined: Sun Feb 15, 2004 8:31 pm
Are you looking at leasing it to a school or applying for your own OC?
There will be a world of difference in how the cost may vary.
There will be a world of difference in how the cost may vary.
The hardest thing about flying is knowing when to say no
After over a half a century of flying no one ever died because of my decision not to fly.
After over a half a century of flying no one ever died because of my decision not to fly.
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Cat Driver
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- Joined: Sun Feb 15, 2004 8:31 pm
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Silver Lining
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- Posts: 14
- Joined: Mon Feb 16, 2004 11:18 pm
- Location: Ontario
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Cat Driver
- Top Poster
- Posts: 18921
- Joined: Sun Feb 15, 2004 8:31 pm
So what you are thinking of doing is a lease agreement with someone that has an OC.
That is quite straight foward, you lease it to them at a fixed amount per hour and let them figure out the costs to operate it as it will be registered in their company name and they are responsible for operating it.
Why not just take your money to Vegas??
Cat
That is quite straight foward, you lease it to them at a fixed amount per hour and let them figure out the costs to operate it as it will be registered in their company name and they are responsible for operating it.
Why not just take your money to Vegas??
Cat
The hardest thing about flying is knowing when to say no
After over a half a century of flying no one ever died because of my decision not to fly.
After over a half a century of flying no one ever died because of my decision not to fly.
Depending on the condition of the a/c, you could probably get a lease for 40-55/hr air time for a mid 1970s model. The a/c owner is responsible for the engine and prop. The leasee is responsible for all other maintenance and costs.
Another big consideration is insurance. I've seen new 172s go for $20k/yr and older ones for far far less.
Typically, including lease, insurance, fuel and maintenance, operating cost not including pilot will typically run around $85-95/hr air time. Of course this is give or take rising fuel costs, what your insurance cost equate to per hour flown etc. Also, this depends on how new the a/c. A new 172 will need to rent-out in the $130-140+/hr just to break even on insurance costs and lease payments. Of course this doesn't factor in ldg fees/airport fees.
Many places renting 172's, not including private flying clubs, break-even on the solo rental price. It's only when there's an instructor onboard where they start to make a couple bucks. $50/hr for an instructor....pay the instructor $20/hr and the company makes $30/hr between both the a/c and instructor.
Hope this helps,
RJ
Another big consideration is insurance. I've seen new 172s go for $20k/yr and older ones for far far less.
Typically, including lease, insurance, fuel and maintenance, operating cost not including pilot will typically run around $85-95/hr air time. Of course this is give or take rising fuel costs, what your insurance cost equate to per hour flown etc. Also, this depends on how new the a/c. A new 172 will need to rent-out in the $130-140+/hr just to break even on insurance costs and lease payments. Of course this doesn't factor in ldg fees/airport fees.
Many places renting 172's, not including private flying clubs, break-even on the solo rental price. It's only when there's an instructor onboard where they start to make a couple bucks. $50/hr for an instructor....pay the instructor $20/hr and the company makes $30/hr between both the a/c and instructor.
Hope this helps,
RJ
