Tony_Scarpelli
Pattern Altitude
- Joined
- Feb 4, 2010
- Messages
- 1,645
- Location
- Wichita, Kansas
- Display Name
Display name:
Tony_Scarpelli
Hi Guys,
Used to hear that total cost of ownership per hour works out to about 2-3 times fuel cost. Is that true today with fuel being so expensive?
I ran some calculations and I find that my total annual, maintenance, insurance, hangar rent and fuel assuming flying only 50 hrs a year works out to about 2-2.2x fuel. I figure my costs at about $160-180 per hour. This does not calculate any reserves, payments or cost and depreciation of the aircraft just the fixed cost and operating costs for 50 hrs.
It costs me about $8000 to fly only 50 hrs. Above this and the hourly cost starts to come down as the insurance, inspection and hangar are fixed at about $3800 per year.
Used to hear that total cost of ownership per hour works out to about 2-3 times fuel cost. Is that true today with fuel being so expensive?
I ran some calculations and I find that my total annual, maintenance, insurance, hangar rent and fuel assuming flying only 50 hrs a year works out to about 2-2.2x fuel. I figure my costs at about $160-180 per hour. This does not calculate any reserves, payments or cost and depreciation of the aircraft just the fixed cost and operating costs for 50 hrs.
It costs me about $8000 to fly only 50 hrs. Above this and the hourly cost starts to come down as the insurance, inspection and hangar are fixed at about $3800 per year.