Re: Light-Sport Aircraft Yahoo group the Blame Game

Something to keep in mind, I think, when we're discussing the "cost" of things, is that the number associated with the cost is simply a number.  Nothing more.  The real cost of anything is how much work we exchange or trade for whatever it is we want in return.  Money is simply a convenient way of doing the bartering process because it would be really inconvenient to drag a pig around to trade for a single head of lettuce, or a gallon of gas.  What people forget when they talk of the good old days when planes were $6 per hour, is that they were making 25 cents per hour at the time.  haha.  So, the real price is, "How many hours did I have to work to buy a _____________ ?"  (Fill in the blank.  A candy bar, a gallon of gas, a dozen eggs, an hour of airplane rental, etc.)

 

Jim Bair

From: James Ferris

Sent: Thursday, October 14, 2010 10:31 AM

To: Sport_Aircraft@yahoogroups.com< /A>

Subject: Re: Light-Sport Aircraft Yahoo group the Blame Game

 

That was 45 years before the 2008 GREAT depression and I had a job back then as a aerospace engineer with NASA working on the moon rocket and fixing fighters and bombers so they could go Supersonic. I am out of work now since can not qualify for a job with ACORN. That airplane, the best airplane ever designed, (Luscomb 8A) and a few are still flying but not for $6.00/Hr., and I also flew the PA-28 my first solo and a Comanwealth Skyranger (bet you never heard of that one) and Aronca, and the C-150, I don't remenber what the others cost but it was not $50 or $100/Hr.  Keep  up your good work and keep em flying.

Jim

---

Subject: Re: Light-Sport Aircraft Yahoo group the Blame Game

 

Was that during the great depression :).

--- In Sport_Aircraft@yahoogroups .com, James Ferris <mijniljj@...> wrote:
>
> When I learned to fly i rented the airplane for $6.00/hour WET, where did you
> learn your Math?
> Jim
>
>
>
> ________________________________
> From: tadel001 <tadel001@...>
> To: Sport_Aircraft@yahoogroups .com
> Sent: Wed, October 13, 2010 9:51:33 AM
> Subject: Re: Light-Sport Aircraft Yahoo group the Blame Game
>
>  
> I often hea the argument that SP did not make flying cheaper because the planes
> cost over $100K. People seem to be upset with the fact that aircraft cost over
> $100K and therefore, SP failed to deliver. First, if the dollar and euro were at
> the same 2004 levels, there would be many aircraft under $100K. To simply look
> at the dollar as the valuation mark is short sighted. Many of these LSAs listed
> in Euro are less than $100K.
>
>
> SP actually has made it a lot cheaper to fly. The numbers are actually about
> 50-60% cheaper. The average private pilot license cost $8,000 to $12,000. Our
> school can produce pilots between $3,500 and $5,000. So the person that couldn't
> afford a $12,000 license can now get a license for under $5,000. I would say
> that is a huge savings. That person can now rent an airplane. At a $7,000
> savings on the license and an average rental rate across the country of
> $100/hour, that is 70 additional hours of flying (which is a lot for the average
> pilot in a year). Now if you own the aircraft, you need to think about
> insurance, storage, maintenance, etc... on a $60,000 aircraft that could be
> another $5K-$7K a year. So, that is renting a plane for 50-70 hours a year. I
> would say that SP has made flying a lot cheaper.
>
> I don't think the advertisement was "Sport Pilot Rule will make owning an
> aircraft cheaper for all." I think the advertisemetn was "Sport Pilot Rule will
> make flying more affordable." At 50-60% less cost to fly, I would say it did
> that.
>

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