Great Post!Been away from the boards for a while pursuing other interests/dreams! I can understand why the rental rates are increasing, however, I am in complete agreement with tonyw!
I may not be making a bundle, however, I am not doing bad. Every time I even consider making the change, I really have to question why. Not that it is not for me or that I do not want to do it, but plain and simple..............it makes zero financial sense to do it!
To drop the required coin and devote the time (even while keeping a full time job) to enter a field that is much less stable and will take 5 to 8 years to reach my current income level is just something I do not think I want to do.
For all of those who are currently getting paid to fly, consider yourselves the lucky ones!
For all of those who are currently in the midst (SP) of their training, I wish you luck!
For all of those who wish to make a career out of this industry, take your time and consider EVERYTHING very carefully!
I was about to start a thread about this same topic.
I have really had sticker shock looking around for flight schools in Arizona. All my flying has been out of Northern California and Colorado, and the rates have been relatively cheap.
When I started in 2005
Colorado C-172N = $71/hr
Northern California C-172N = $77/hr tach
Now in 2008
Colorado C-172N = $85/hr
Northern California C-172N = $90/hr tach
Northern California C-172SP = $95/hr tach
In Arizona in 2008,
C-172N = $99/hr - $119/hr
C-172S = $129/hr - $150/hr
The Northern California rates were from a non-profit flying club. They are higher at the local FBO's, but not nearly as high as some of the places I have seen out in Arizona.
I really feel bad for the people at those pilot factory type academies. I have seen rates for a Cirrus at $200+, and the ATPer's who average $400/hr for a Seminole, much of which is safety pilot time. So I guess I don't have that much room to complain.
My feeling is that the best known way to power an aircraft is using gasoline (be it avgas, jetfuel,... some type of petrolium based product). The price of oil is only going to go up and up and up. As long as automobiles are powered by gasoline, we will be vying for a limited and costly resource, and the cost of flying is only going to go up. Until the majority of our cars are not powered primarily by gasoline, we will continue to have this problem of ever increasing flying costs.
As someone else stated...............this industry will soon (sooner than anyone cares to admit) be ex-military and silver spooners.
This is sad but true.Speaking of "academy" type places, I recall when I started researching about 2 1/2 years ago, ATP was $40,000 or $45,000. Then it was $50,000. I just say a recent ad and they are not $60,000! WTF! I understand the business model, but heck, that is CRAZY!
As someone else stated...............this industry will soon (sooner than anyone cares to admit) be ex-military and silver spooners.
Where are you training? I'm in NorCal (Silicon Valley) and the prices are insane: $50-60/instructor and $140 for a 177RG (no Arrow here)jees louise, 200/hr for an arrow with CFi. I pay $90/hr for a sweet arrow and 30/hr for instructor. And Im in So Cali.
Where are you training? I'm in NorCal (Silicon Valley) and the prices are insane: $50-60/instructor and $140 for a 177RG (no Arrow here)