ron will be used solely a charter aircraft.Aircraft PurchaseHausAir plans on purchasing all the aircraft through financing. This will enable ownership and benefit from tax savings. By financing we will avoid the lump cash sum all at once through payments. Financing will also give us some cash to utilize in other areas of out operations. Purchasing with cash would not give us flexibility and leasing is not cost effective and would limit our available excess cash.Rental RatesThis aircraft is to be used for flight training and rental. The following numbers will be based on a $140,000 Piper Warrior. Piper Warrior- flown 60hrs/monthFuel (75% POWER) = $17.30Maintenance-100hr $6.00, radio.50,Oil .50, misc. $1 = $8.00Insurance 60 hrs/month = $6.00Interest and Depr. 60hrs/month = $12.00Overhaul reserve and indirect cost = $16.00 Total (operational cost/hr) = $52.80Allowing for a 25% profit margin every hourCustomer cost is $52.80/.75 = $70.40Time Requirements- Renting WarriorEach aircraft will require a flight checkout from a CFI. The checkout will cover aircraft systems, procedures, and will follow the advisory circular for checkout procedures. Rental of the warrior will require a private license. Student pilots training with HausAir will also be allowed to rent aircraft for lessons. Pilots renting aircraft will be required to present: student pilot certificate (if required), pilots license &logbook. Rental of other aircraft will have more stringent time requirements based on insurance and other factors; to be determined at a later time.Flight Instruction RateThe overall breakdown for the cost of an hour of flight instruction is as follows:TypeCostIns.Handling BenefitsTotal Private pilot $15$6$6$4$31Instrument$20$10$6$4$40Commercial$22$10$6$4$42Multi-Engine$25$12$6$4$45Above I outlined the per hour cost of the instruction. To keep training costs down and attract...
