Search Sort Posts:  Oldest to newest Newest to oldest

26/02/2009, 9:17 AM Ransman Joined on 26/02/2009 Posts 2 Cost of aircraft ownership? Can anyone point me in the right direction, I'm looking at the true cost of ownwership of say a PA28-140.  Obviously fuel costs, landing fees and hangar space are easily calculated it's the other items I need though, such as service schedule, and cost, annual check and any other "fixed" or "hidden"costs that need to be taken into account. I'm aware a fund needs to be built for the unexpected,  so if anyone has any info, or a link, much appreciated. I've searched through Pilot mag but can't find any articles. Could be a good subject for the mag? Thanks.    Report

27/02/2009, 10:49 AM Silver Fox Joined on 13/12/2004 In a world of magnets and miracles. Posts 61 Re: Cost of aircraft ownership? Hi Ransman, the question is one that's often asked and there are a fair few opinions as to the answer. The short answer is whatever you think it will cost, it will actually cost more. I was told before I bought mine that I should budget for at least £8 per year. That has proved to be a pretty fair estimate so far (3 Years). However it will depend upon a fair number of factors, where you keep it? how many hours will it fly each year? How many pilots will be flying? and awhole host of other things too. I have a basic excel spreadsheet into which you can enter your fixed and variable costs and it will then tell you what the projected hourly cost will be. For me the result was quite surprising as it showed the aircraft would need to fly at least 300 hours a year to break even at £120 per hour. History has borne this out. If you'd like a copy I could email it to you. Some more info can be found here http://www.faqs.org/faqs/aviation/faq/section-13.html There is also a very good book available which I bought and learned a lot from try here http://www.amazon.com/Buying-Owning-Your-Airplane-Third/dp/0813801761 If you do decide to go ahead it will cost you dear, but the satisfaction is something else. Best of luck. SF    Report

15/08/2009, 12:16 PM Peregrino Volador Joined on 15/08/2009 Posts 1 Re: Cost of aircraft ownership? Hello Mr. Silver Fox, If you could email your cost spread sheet to : www.cenecorta@hotmail.com .It will be very much appreciated. Regards, Peregrino Volador.    Report

Pilot WebAnnouncementsNew Message Boa...Cost of aircraft ownership?

(please select) Forums Home |- Search Forums |- Active Topics |- Unanswered Posts User Options |- Sign In |- Join this community |- Forgot Password Announcements |- New Message Board FAQ Pilot Community |- Aviation General |- PPL Training |- Commercial Training |- Rotary |- Microlights |- Gliding |- Air Shows, Events & Fly-ins |- Flight Sims |- Jokes & Humour |- Group Flying Pilot mag & PilotWeb |- PilotWeb |- Pilot magazine