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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 STOL 750 in a flying school environment.
Note that engine used is the Continental 0-200-A (IFR)
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 |
|
Total Cost per Hour |
$41.53 |
|
|
|
|
|
|
|
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|
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Note A: One of the main costs savings is that the STOL 750
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 imported
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 STOL 750 has an aluminum 6061-T6 airframe, has
made in USA standard
aircraft systems such as wheels and brakes. Firewall forward items including
engine, muffler and propeller are all well known to any A&P. That is
another cost savings as no additional training or tools are required. With a composite airframe
or foreign engine, what qualified A&P can work on
it?.
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