Cheyenne PIC pay...

chrisreedrules

chrisreedrules

Master Blaster
I may have an opportunity to fly a Cheyenne for a trip or two a month coming up. My private multi student is getting his multi so he can buy a Cheyenne and fly himself to his different business locations across the US and e has hinted that he may be asking me to come with him on some of them. I am thinking $400 per flight day and $100 per day not flying for overnights plus all expenses paid. Does that sound about right? Just trying to have a number worked out in my head for if/when he asks me. Thanks in advance!
 
cmill said:
change it to 400/day regardless of flying or not and you'll have it right. Don't reduce the rate for non flying days.
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yep.

any day you are gone from home you can't be working for anyone else, so he is essentially taking you for the whole day, no difference whether or not you are flying; it's what it's taking you away from that costs.

opportunity costs as it were.
 
A new, low time multi engine pilot and an instructor with zero in type? Yeah... Good luck with the insurance.

I tried the same thing in a Duke a few years back. I had my ATP, about 3000hrs, 500me almost all of which was PIC and a background of teaching ground schools on spin awareness that focused heavily on multi engine airplanes(which happens to be where I met the owner). I had tons of piston and TC Beech time, Bonanzas, Travelairs, Barons as well as 310's, and a little Navajo... I even THOUGHT I could fly anything. They still wouldn't even let me look at it because I had no time in type and flying it with the owner did not count.

If your student really likes flying with you, then you should go to training together on the airplane and he should pay. That way, the two of you have the same foundation to start with. You need to be able to dig yourself out of a hole faster than he can throw the dirt back in it. Also, who's going to be PIC? Are you going to act as a crew or keep the student/instructor relationship?

$400 ain't bad for a day of baby-sitting the owner. However, any qualified Cheyenne instructor should be getting at least double that.
 
chrisreedrules said:
no time in Cheyennes... But I've got about 30 hours in the KA200 and some jet time in a CJ1 and a Lear31. It wouldn't be my first rodeo.
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Not to rain on your parade, but that is not very much experience. If everything is going well, you might be ok. But if stuff hits the fan? I hope you've got a big bag of luck. An aircraft like that, I hope BOTH of you are at the very least getting some very good initial training.
 
We haven't talked about the training aspect of it. I know he is going to training in April... I plan to bring that up to him but I'm waiting for a definite offer. If he won't pay for training then I won't do it. And I feel more than capable of handling the airplane (even though I have low turbine time). I only pointed those times out to show that it wouldn't be a completely foreign operation to me. The KA flew easier on single engine than any light piston twin I've ever flown. My biggest concern is what someone already pointed out... Who exactly will be PIC? The way it sounds so far is that he wants me to be PIC. But he is hard-headed so I'm sure there would be a battle over something at some point.
 
No offense but this sounds like your first rodeo. For safety and financial sake don't get in over your head. If you feel overwhelmed or uncomfortable then speak up or back out...This isn't a unique or one time opportunity in your career, so please don't think it will never come around again. It will...I am speaking from the experience of being in your shoes many years ago, and in hindsight, I now realize I had no freaking clue what I was doing.

Goodluck.
 
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