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Hire and Fly

Posted: Sun Aug 01, 2010 7:13 pm
by OzGyro
Hi all

Okay I am just trying to guage the interest if such a thing existed.

Preferred aircraft type - open v closed cockpit, side by side v tandem
Hourly rate etc etc

Any and all comments welcome.

Cheers
Darren

Re: Hire and Fly

Posted: Mon Aug 16, 2010 6:08 pm
by THI
My 2c would be for closed cockpit side by side.

Not everyone can afford these machines. If I can occasional hire and fly the likes of the Xenon or M24, why not!

It all depends on the rate per hour...of course :wink:

Re: Hire and Fly

Posted: Mon Aug 16, 2010 7:59 pm
by RV4ker (RIP)
Am thinking cheap and nasty (entry level) would be far more demand and thus more feasible since Capex would be less...

Re: Hire and Fly

Posted: Mon Aug 16, 2010 9:01 pm
by MPL Pilot
RV4ker wrote:thus more feasible since Capex would be less...
I would like to know what "Capex" means?

Hire and fly can work for me on a gyro, will pay R500/h dry.

Re: Hire and Fly

Posted: Tue Aug 17, 2010 1:38 am
by JCH
MPL Pilot wrote: I would like to know what "Capex" means?
Capital Expenditure - uithaal en wys geld

Re: Hire and Fly

Posted: Tue Aug 17, 2010 7:50 am
by RV4ker (RIP)
Initial cost. Affects the H&F rate. A R400K Gyro will be far cheaper than a R1bar gyro in terms of repayment or opportunity cost and thus a lower per hr rate to justify some sort of return and make the whole deal work. puff

Re: Hire and Fly

Posted: Tue Aug 17, 2010 8:17 am
by THI
All true.

How does the flight school justify their R1,100 – R1,500 per hour rate? And this is for a gyro around R400k – R500k?

@ 2 hours per week = 104 h/year – Is this feasible?

Re: Hire and Fly

Posted: Tue Aug 17, 2010 8:31 am
by RV4ker (RIP)
I can't comment on Gyro's, but the biggest expense in H&F is usually insurance. (self insure the "cost" is risk and if underwriter the bucks is huge).
puff