banner graphic
Airport Webcams
Who's Online
22 registered (Pilawt, flyhayes, flynal, dshirey, RickG, Ed_Clayton, MrOutdoorsie, tex, AESpecialists, BNB-SP, JD Casteel, Ron Patton, theboys3, Willie, Joeman434, oilwell1415, KCDean, jlf, 737pilot, F16CrewChief, Ward Holbrook, lantajohn), 125 Guests and 5 Spiders online.
Key: Admin, Global Mod, Mod
Newest Members
howardflyer, gavanski, walter goedicke, Jacob Willoughby, orion
6626 Registered Users
Top Posters
Bargain Bob 101869
Cessna Dude 6628
vettdvr 5844
Rusty Rudder 5131
California Flyer 4810
Clyde Cessna 3323
Willie 2778
wrecksum 2704
Ward Holbrook 2208
XP Driver 2122
Don Tedrow 2073
ytodd 1831
Nightowl 1826
Nintendo Pilot 1655
Glenn Darr 1651
oilwell1415 1649
RodneyHooverCFI 1645
Lee T. Hargic 1631
November X-ray 1589
Bigdoggh 1440
Pilawt 1425
Peedie Montgomery 1333
Jim_1 1268
EdW 1214
Propduster 1070
Showboatsix 1031
Awkward Bird 1019
Shuswap 987
Joeman434 912
Renegade 9 910
Top Posters (30 Days)
Bargain Bob 2230
Joeman434 192
vettdvr 143
Willie 89
Rusty Rudder 57
Don Tedrow 51
JD Casteel 42
Peedie Montgomery 32
Curious1 31
Pilot110 30
Jim_1 29
California Flyer 28
N5479R 28
Kansas Zephyr 26
Pilawt 26
3.14 LET 25
Shuswap 24
Ward Holbrook 22
Glenn Darr 21
Desert Hawk 21
Singh 20
BNB-SP 20
Renegade 9 19
MrOutdoorsie 19
Nintendo Pilot 19
cadcap 18
Float Pilot 17
Henry M. 16
NightHawk XP 16
EdW 14
Topic Options
#65350 - 01/26/12 11:01 AM Low Cost Aircraft Rental to build time and get folks flying idea
RBry Offline
New Member

Registered: 01/23/12
Posts: 1
Loc: CA, USA - BC Canada
I'd like some feedback on an idea - those of us who have aircraft and don't mind sharing them, to make them available to especially new pilots building time. Instead of regular rentals that cost upward of $100/hr, we can offset some of the cost, and get say $50 an hour. They save, we get some offset, and people get to fly! What do you think? Thanks, Roger

Top
#65352 - 01/26/12 11:27 AM Re: Low Cost Aircraft Rental to build time and get folks flying idea [Re: RBry]
California Flyer Offline
Platinum Pilot

Registered: 10/21/09
Posts: 4810
Loc: Groveland, California
It would all boil down to insurance, I believe. My policy has a clause stating it can't be used as a rental; I'd have to reconcile that first, and would need to make sure all pilots who fly it are fully covered by their insurance or mine.

As an owner, I'd be more inclined to sub-lease my plane to a single pilot rather than opening it up to more people, but even then, I wouldn't really be receptive to the idea. If I ever lose my medical and can't fly, I'd put my plane in a leaseback arrangement (my flight school is dying to get more planes like mine on the flight line) or would even just sell it.
_________________________
Co-Conspirator, Cessna 172 Club and Forum
http://www.cessna172club.com


Owner of N291ME, a 2000 Cessna 172SP

Top
#65354 - 01/26/12 12:21 PM Re: Low Cost Aircraft Rental to build time and get folks flying idea [Re: RBry]
XP Driver Offline
Club Sponsor
Gold Pilot

Registered: 01/08/11
Posts: 2122
Loc: Fairfax, Virginia
This is basically the old "rentback" methodology that was widely practiced not too long ago but has fallen off now. The only difference is that you would be renting out the plane to other people directly instead of through an FBO.

CF is right, this would come down to insurance for those who are willing to do it. The insurance companies would basically treat your plane as a rental and your insurance cost would go up (way up). You would also have to get a commercial vs. a personal plane registration here in Virginia which is more expensive as well. As an aircraft for hire you would also have to do 100hr inspections vs. annual inspections and that would raise expenses as well.

It could be a good idea for the right person but not for me.
_________________________


Once you go XP you never go back!

Top
#65644 - 01/27/12 09:00 AM Re: Low Cost Aircraft Rental to build time and get folks flying idea [Re: XP Driver]
Don Tedrow Offline
Gold Pilot

Registered: 07/16/10
Posts: 2073
Loc: Bastrop, TX
Yeah, actually, I'd have to charge $200/hr just to pay the insurance increase. My policy specifically prohibits commercial activity of any type, and would increase 300% or more were I to lease the plane, not to mention the 100 hr inspections.
_________________________
1972 C172L



Top


Cessna172 Tribute
THIS MONTH'S SPONSOR
Special thanks to:
You!
Thank you for making this site great
Strother '15 Countdown
June 18-21, 2015 KWLD
Today's Birthdays
Cotsboe, DMW
Member Map
Where in the world are the Cessna 172 Club Members?

View the map

Helpful Links
100LL Price Finder
AD Directory
Aging GA Aircraft
Aircraft Directory
Airplane Report
AirNav
Airport Facilities Directory
AOPA
Aviation Weather
Barnstormers
BaseOps
C172 History
Cessna
Controller
Crash Records
DUAT Voyager Planner
DUATS
FAA
FltPlan
Flight Aware
Flying Tools (Files)
Google Earth
Ground Speed Records
National METAR Map
Sky Vector
Trade-A-Plane
Uvalde Flight Ctr
All the Webcams
Shout Box

AOPA
AOPA
Weather Lookup
Airport code:
(separate multiple codes with spaces)

List of stations