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Why I Charge $545/Hour to Fly Passengers in My Helicopter
Maria writes in her blog: "..no one seems to understand the full cost of operating a helicopter charter business. I touched on operating costs in a very popular blog post I wrote back in 2010. It’s so much more than the cost of fuel." (www.aneclecticmind.com) Más...Sort type: [Top] [Newest]
You explained it well. She considered both fixed and marginal costs and divided them appropriately over the time flown.
Considering fixed and marginal costs can lead one to different business strategy. But as far as accoubting for her costs and figuring out the cost to fly per hour, what the blogger/business owner wrote and what you wrote should arrive at the same figure.
Considering fixed and marginal costs can lead one to different business strategy. But as far as accoubting for her costs and figuring out the cost to fly per hour, what the blogger/business owner wrote and what you wrote should arrive at the same figure.
Look at all the areas we must be proficient at to be pilots. This kind of knowledge does not come overnight. Sure a newbie Private SEL has no idea of all the intricacies - but a pilot learns so much over their career - especially if they get into aircraft ownership.
I have several aircraft myself, they are all Gemini scale aircraft, but those aren't cheap you know! At least the fuel costs are low
I have several aircraft myself, they are all Gemini scale aircraft, but those aren't cheap you know! At least the fuel costs are low
I am not seeing a problem with that rate.
Besides, anyone with the ability to afford such a luxury, does not really care.
$545 is what these people use for kindling in their fireplace.
Besides, anyone with the ability to afford such a luxury, does not really care.
$545 is what these people use for kindling in their fireplace.
This is why only fleets can make money at this, her other costs are 127 an hour,
and where a fleet can manage more aircraft and remove the profit from operating more efficientl. I believe all you can do with one helicopter or Jet , is cut your losses and lower the cost of personal use.
and where a fleet can manage more aircraft and remove the profit from operating more efficientl. I believe all you can do with one helicopter or Jet , is cut your losses and lower the cost of personal use.
On a similar note, we had a heckuva time trying to make people understand why, if the Wi-Fi is free at Five-Bucks, it isn't free on an aircraft.
(yeah,I'm one of 'those' guys)
(yeah,I'm one of 'those' guys)
[This poster has been suspended.]
The cost of the copter is actually very simple whether you paid cash or financed it. You should figure the total cost of the machine ($400,000) as the basis. If you paid cash you are losing the interest you could be getting. If you financed it you know what your costs are. Either was the cost is the same. I use 5% as the cost of money (I used to use 10% before the economy crashed).
So your hourly cost is the sum of your marginal cost per hour plus your fixed costs divided by how many hours a year you fly your helicopter.