banner graphic
Airport Webcams
Who's Online
22 registered (cyendrey, lantajohn, N5479R, Joeman434, flyhayes, 3.14 LET, MU_Pilot, EdW, dirtrider, Don Tedrow, apple guy, theboys3, Prorally, rlove2908, Pilawt, waayne, oilwell1415, 3hawks, vettdvr, Kinhop, Teg916, 1 invisible), 143 Guests and 4 Spiders online.
Key: Admin, Global Mod, Mod
Newest Members
tootTOOT, fpawul, karen, rhark25, Frang
6413 Registered Users
Top Posters
Bargain Bob 97743
Cessna Dude 6628
vettdvr 5630
Rusty Rudder 5043
California Flyer 4767
Clyde Cessna 3313
wrecksum 2704
Willie 2653
Ward Holbrook 2173
XP Driver 2120
Don Tedrow 2009
Nightowl 1826
ytodd 1824
RodneyHooverCFI 1642
Nintendo Pilot 1632
oilwell1415 1632
Lee T. Hargic 1630
Glenn Darr 1624
November X-ray 1589
Bigdoggh 1440
Pilawt 1396
Peedie Montgomery 1281
Jim_1 1217
EdW 1190
Propduster 1063
Showboatsix 1018
Awkward Bird 1015
Shuswap 956
OldCrow 881
Renegade 9 877
Top Posters (30 Days)
Bargain Bob 3622
Joeman434 177
vettdvr 146
Willie 51
Rusty Rudder 42
Ward Holbrook 40
Wayne R 40
Peedie Montgomery 37
Luvrv8 36
oilwell1415 30
California Flyer 24
JD Casteel 24
Shuswap 23
N5479R 21
Pilot110 20
Showboatsix 19
Desert Hawk 19
Teg916 19
Mark Y. 18
Kinhop 18
Rikochet 18
Don Tedrow 17
farnk 17
cadcap 16
Dave W 16
Tom Downey 16
Birdman 14
BNB-SP 14
Glenn Darr 13
IN2FLYING 13
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: 4767
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: 2120
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 Online   content
Gold Pilot

Registered: 07/16/10
Posts: 2009
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
Flyin Phil, JSpang, Randy Crosby, vettdvr
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