“After that its all about the money. I fly a Cessna 172 for a living. I fly anywhere from 300 to 700 hours a year. I calculate about $100 bucks an hour to fly.”
That’s a number that’s a lot lower than I imagined. You charge that to fly or it costs you that to fly the 172 ?
Because of the amount of hours I fly. 300 to 700 hours is 30 to $70,000 dollars in expenses.
Fuel is $50 an hour.
Like I said, if you fly less hours your costs will go up.
Expenses for me are hanger, insurance, maintenance, etc.
Those are hard costs. $500 month for hanger, $1500 for insurance, maintenance is variable and can get very expensive. Example would be annuals, $1000 and up if any issues. So if you don’t fly at all you are looking at 8 to $10,000 bucks a year for plane ownership. Fly 1 hour and you can see your costs.
Since I fly so many hours the averages go down.