King Air Opportunity

D

DannyB

New Member
I am new to this site an appreciate any help I can get from you "veterans"!

I am currently flying a Baron in a single pilot 135 operation. I also still do a little instruction. (I also have a side job as a casino dealer but that's not really that important here!)
Anyway, I have about 1800 total time, 220 Multi, 200/65 Actual/Simulated and over 1000 instruction given.

Here's my question. I have a guy who I taught to fly in his 182, we get along very well and he came to me yesterday with an opportunity...

He and two other guys want to buy a King Air 90 for their business'. They would like me to be their pilot...

Two questions...
1. How much time in the King Air is required to get insured?

2. How much should I get paid? I told him that I wanted a salaried position... hourly charter and flight instruction is a hard way to get by. When I told him I wanted a salaried position he told me to get back to him ASAP with a figure. I have no idea what the going rate is. I would basically be 'on call' but would also be getting all the necessary ground work done to start up a 135 Air Taxi operation with that aircraft. I'd also be responsible for tracking maintenance and all the other aricraft related duties.

Any help is greatly appreciated!

All the best,
danny
 
First of all what an awesome opportunity.

A hight time C-90 captain would start at about 50-65k, and I don't consider 1800 hrs to be high time, so you might want to price yourself accordingly.

Honestly figure out what you can live on and charge that. I suggest 30-35k

As for insurance, you will have to go to a manufacturer's training (such as Simcom or FSI) to be qualified. I would strongly suggest you get the aircraft owners to pay for that.

The biggest problem you'll have with insurance is the low multi and no turbine. They like to see 500 multi and/or turbine. I would expect you will be asked to get 25 hrs dual before you can fly it with passengers. This happened to me at about the same experience level, when we got a C-414A.

Congrats again and work closely with the owners. Loyalty is everything!
 
This is more of a curiousity question for you Danny, im curious, do you instruct at Grand Strand airport in north myrtle beach? if so the first time i ever flew a plane was there. It was a blue and gold 172, (my grandpa Bill takes lessons there.) Just curious, and good luck with the job, it sounds great.
 
My dad was in a similar situation, low multi time and no turbine when he moved into a 200 this year. The insurance for him required
a) 100 hours in model with another qualified pilot (did not need to be a MEI)

b) Flight Safety Initial training and then recurrency 2 months later before he could solo.

Be aware that the insurance company can change their requirements at any time. For example they told my dad that he could solo after a 100 hours but then called him and said they wanted him to go back to school. He happened to be in Santa Barbara on his 3rd stop of the day solo!

The pilot group I will fly with this summer pays their captains $65 for flight hours and $35 standby. Copilots make $26 and $13 flying copilot on a Conquest.

Hope this helps out.

Bryan
 
Thanks for the replies...

I figures I'd have to go toSIMCOM or FLight Safety, Luckily I have the GI Bill to pay 60% of my costs.

I am still the chief instructor at Grand Strand, if your grandfather is Bill Roehl then I am his instructor!

I'll keep posting here in regards to my progress...

More soon hopefully!

All the best,
danny
rawk.gif
 
yes sir that is my grandfather. Thats great, well nice to talk to you. I'll be in town sat the 12 so maybe ill see you-Steve
 
[ QUOTE ]
I figures I'd have to go toSIMCOM or FLight Safety, Luckily I have the GI Bill to pay 60% of my costs.

[/ QUOTE ]
WHOA ... hold on there, bro.

If THEY want you to fly THEIR King Air....then SimCom or Flight Safety traingin should be on THEIR dime..... [/i]NOT YOURS[/i].

If they want YOU to pay for the training, then my suggestion is to tell them where they can get off.

Just my $0.02.

R2F
 
I personally wouldn't pay for my own king air training, but I don't know how competitive the situation is.

If they want YOU then they are probably willing to pay for your training (or maybe the part that GI benefits don't pick up.)

If they want whoever will pay for their training, well then how secure is the job? Next year you might get replaced by the NEW sucker.
 
Paying for Flight Safety yourself is one way to spend a lot of money. It was $18k for 2 pilots on the King Air 200 when I went back in December. If I was thinking about paying for training I would consider something more useful like a type rating.

Most owners shouldn't have a problem paying for training because otherwise its almost impossible to get insurance. Training is just another cost of having expensive airplanes.

Bryan
 
1. DON'T PAY FOR YOUR TRAINING
2. DON'T PAY FOR YOUR TRAINING
3. DON'T PAY FOR CHARTS OR ANY OTHER PAPERWORK ASSOCIATED WITH THE AIRPLANE.

If they want you as a pilot they will have to pay. They are trying to use your lowtime and newness to the industry to take advantage. Help us all out and standup for yourself. $30-35 is a fair price or you experience level. I would also make sure they throw in healthcare, if not up the price accordingly. The insurance company is going to make you jump through hoops and may make their rates out of sight. The insurance companies think Total Time = Safety. THIS IS JUST NOT TRUE.

When I was BE-200 FO I was making 50/.day plus expenses. They company should also give you a credit card for fuel and airplane charges. DON"T PUT ANYTING IN ON YOUR OWN ACCOUNTS. THIS IS A GREAT WAY TO GET SCREWED.

Hope that helps
 
PFT for all my friends.

PFT is the wave of the future.......everyone needs to come and realize that, and get on board.

(severe...
sarcasm.gif
)
 
[ QUOTE ]
PFT for all my friends.

PFT is the wave of the future.......everyone needs to come and realize that, and get on board.

(severe...
sarcasm.gif
)

[/ QUOTE ]
Evil, evil man.
rawk.gif
 
Here, drink this.....it's the company Kool-aid....everybody's doing it.

time elapsed

Now don't you feel better about spending YOUR money to fly MY plane!
 
Here's the update...

Some people here got a little worked up about the Flight Safety/SIMCOM training deal. When I said that the GI Bill would pay 60% of my training I just meant that my training would not be full price. Anyway, the principal member of the group buying the plane yesterday brought up SIMCOM and told me to include the price of training in the cost of the King Air.

We now have a broker looking for a "Sweet King Air" and we are now leaning towards a 200 over a 90. It's happenening really fast, just hope I can keep up! Looks like I will have to have a minimum of 50hrs dual in the plane after SIMCOM to be able to solo. I've spoken to several King Air Drivers here at the FBO and have all kinds of offers to ride with them now and that they'll ride along with me (for a small fee) until I get the necessary time. Wish I had spoken to them a long time ago... could've already had 50hrs of turbine!

More to come...

All the best,
Danny
 
[ QUOTE ]
You need a co-pilot?
smile.gif
I'll move and work cheap! Hehehee..

[/ QUOTE ]

He's coming up with a PFT program for the right seat.
grin.gif
 
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