more students, I will not be applying a profit margin to the flight instructor rate. The figures I have arrived at below are based on a 100 hour/month with 6 same grade students for each instructor. It does not take into consideration that my instructors may teach in more than one category. Type of InstructorBenefits(Medical, Life, dental)PayPrivate Pilot$400 $1500Special training$400$2000Instrument$400$2000Commercial$400$2200Multi-Engine$400$2500Charter Service 1974 BaronCharter Rate: BE-58With four passenger seats, this aircraft is designed for the business traveler but may be used for any operation. It will not land at any airstrip that is not established with runway lights (unless down for repair). This aircraft will not initially be used for rental.Fuel (75% power) = $63.51Oil (Incl. Oil & Filter @ 50 Hour Intervals)= $1.86Engine & Airframe (100 Hours @ $38.00/Hour)= $37.35Charter Pilot Wage= $45.00Total direct operating cost= $137.72Indirect Costs = $6Profit Margin of 40 %= $96.28Total per hour charge = $250.00The Baron flies at an average speed of 230 statute miles per hour. Based on all of the information presented in this section I will charge $1.08 per statute mile flown. Since we did lower the profit margin a little we will be required to charge a lay over fee. That will be equal to 75% of the $45 per hour charge for the pilots wage. This extra charge will not start to occur until the lay over exceeds 1 hour. One way charters, that are not picking up pay load on the return flight, there will be a charge of $.84 per mile. The reduction in price is accomplished but removing profit margin. Air Taxi RequirementsHausAir will operate under FAR part 135 and under some of these regulations dealing with the certification and proficiency of the aircraft, crew, and flight operations.HausAir will use the regulations below to develop a manual for policies and procedures, operations specifications...
