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The
purpose of this worksheet is to predict the amount of income that might be
generated from the operation of a Zodiac SLSA in a flying school environment.
Note that engine used is the Continental 0-200A
The combination of acquisition costs,
operating expenses as well as market-rate rental-fees, will determine
profitability.
|
Operating
Expenses |
Fuel |
Oil
|
Engine |
Insp. |
Parts |
Insurance |
|
Gallon per hour |
5 |
|
|
|
|
|
|
Price per gallon / MOGAS |
$5.00 |
|
|
|
|
|
|
Fuel per hour |
$25.00 |
|
|
|
|
|
|
Quarts per hour |
|
$0.35 |
|
|
|
|
|
Price per quart |
|
$3.45 |
|
|
|
|
|
Oil per hour |
|
$1.21 |
|
|
|
|
|
Engine TBO (hrs) |
|
|
2,000 |
|
|
|
|
Cost of TBO |
|
|
$10,500 |
|
|
|
|
TBO $ per hour |
|
|
$5.25 |
|
|
|
|
100 hr Inspection |
|
|
|
100 |
|
|
|
Time for Inspection (hrs) |
|
|
|
7 |
|
|
|
$ per hour (mechanic) |
|
|
|
$55.00 |
|
|
|
Cost of inspection per flight hour |
|
|
|
3.85 |
|
|
|
Cost of Parts per 100 hr. insp. |
|
|
|
|
$120.00 |
|
|
$
of parts/hr. |
|
|
|
|
$1.20 |
|
|
Insurance/year for a private pilot |
|
|
|
|
|
$1,500.00 |
|
Insurance per hour based on 300 hours/year |
|
|
|
|
|
$5.00 |
|
|
$25.00 |
$1.21 |
$5.25 |
$3.85 |
$1.20 |
$5.00 |
|
Grand
Total Cost per Hour |
$41.53 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Note A: One of the main costs savings is that the Zodiac
is 100% manufactured in North America. Parts availability and parts cost is
excellent! A&P mechanics can purchase standard wear-&-tear items and hardware
from places such as Aircraft Spruce & Specialty (when buying an import
aircraft, and you need a new wing, how will it be replaced? what will the
shipping costs be, when will you get it?)
.
Note B: The Zodiac has an aluminum airframe, has standard
aircraft systems such as wheels and brakes and firewall forward including
engine, muffler and propeller. All these are well known to any A&P. That is
another cost savings (with a composite airframe, what qualified A&P can work on
it?. Same for engine and propeller).
Note C: AMD recommends that before purchasing an aircraft,
contact your insurance company and see if they will insure the aircraft and for
how much.
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