SMAC249 The Real Cost Of Airplane Ownership and Some Creative Options to Owning.

Airplane Ownership

Welcome to the show about learning to fly, living to fly, and loving to fly. Recently, Carl returned the plane to the person he was leasing it from and is now between planes. Putting emotions aside we reflect on the real cost of ownership and how you can feel like an owner in some creative ways. 

Preflight Checklist:

First a quick word from our sponsor.

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News And Announcements:

Cruise Flight (Talking Points)

  • Carl regains his multi engine currency….what fun!
  • Update from episode 247 concerning the rule of thumb for climb gradient and rate of climb.
  • Carl says goodbye to the Cherokee and on to the next adventure.
  • Putting emotions aside….who am I kidding.
  • The feeling you get from owning.
  • The real cost of airplane ownership. 
  • Insurance.
  • Ancillary costs.
    • Hangar
    • Airplane Wash
    • Fridge
    • Couch
    • Beverages for Fridge.
    • Decorations.
    • Headsets.
    • Bags for inside the plane….
    • Tugs.
    • Tools.
  • The benefits of ownership.
    • Clean plane.
    • No one moves your stuff.
    • Intimate knowledge of the plane.
  • Challenges of ownership.
    • Maintenance
    • Payments
  • Clubs, Partnerships, and sole ownership.
  • Leaseback.
  • When it is time to let go.
  • Flying Other Peoples Planes.
  • Become a CFI and teach people in their planes.
  • The opportunities we get to fly planes because we are a CFI.
  • Rent a plane.

After Landing Checklist:

Picks Of The Week:

Carl – Mike Busch on Airplane Ownership (Volume 1): What every aircraft owner needs to know about selecting, purchasing, insuring, maintaining, troubleshooting, modifying, and flying light airplanes https://amzn.to/321xTYM

Victoria – Aircraft Bluebook Valuation https://air-pros.com/aircraft-valuation/

Bill – Flying Circus: https://www.flyingcircusairshow.com/

Russ – Kindle Unlimited: https://www.amazon.com/gp/kindle/ku/sign-up

Sean – Airborne Films: https://www.airbornefilms.com

Rick – YoungEagles.org 

Links Mentioned In This Podcast:

https://expertaviator.com/2011/02/03/departure-procedure-climb-gradient-and-calculating-your-rate-of-climb/