If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#111
|
|||
|
|||
Gloom
On 6/19/2007 12:13:40 AM, Jay Honeck wrote:
Which is the reason you'll hear so many of us bitching about the increased cost of fuel so loudly. It's the only expense we really "see" anymore. Really? Cracked exhaust pipes, cracked spinners, recurring ADs for dye-penetrant spar inspections, engine overhauls, prop overhauls, etc., etc, etc. are also pretty visual and recurring expenses. -- Peter |
#112
|
|||
|
|||
Gloom
Jose wrote:
Was he =awarded= anything ridiculous? Read some of the links on the site I posted and you decide. But unless, before the dry cleaner lost the pants, he used them to beat the judge there is no way this claim is worth $54mil. The links seem to be long on opinion and short on facts, and the trial is not over yet. No matter. Everyone is being silly in this case; the pity is it costs real people real money. Suing is still a gamble, not on whether you win or lose, but on whether you can intimidate the other party into folding. A loser pays system would not address the intimidation part, since the (significantly) richer party can afford the loss but may well choose to proceed anyway, hoping to chicken the other party out. Not much of a gamble at all in this case. Filing fees for a civil action in DC are $120.00. He is his own lawyer. The only people out any real money is the defendant. The one plus is that the judge who filed the suit is probably not going to keep his job. He is up for re-appointment soon. OF course the claim above is not worth $54 million. I don't think anybody, including the claimant, believes it is. Jose Then he lied in court documents and should be prosecuted. |
#113
|
|||
|
|||
Gloom
"Jay Honeck" wrote in message oups.com... The cost of money, or of having it tied up, and the cost of storage seem to be the two biggest problems for the owners personally known to me. OTOH, fuel seems to be more of a verbalized annoyance--which converts readily to a hamberger (or omelet, depending on the time of day) flight to an airport with less expensive fuel. You will notice one thing about successful aircraft owners. (By "successful" I mean that they actually FLY their planes often.) They do not consider the cost of ownership in their equations at all. They have factored the expense of purchasing, storing, and maintaining their aircraft into their budgets, after which they regard it as a zero-cost affair, only considering fuel as the cost of flying. It's a form of mental illness, really, but it works. :-) The LEAST successful owners I know are the ones who run spreadsheets on the "cost of money" and fixed expenses, because they are the ones who constantly fret over the fact that they could have bought a nice vacation home at the lake, rather than an airplane. Which is the reason you'll hear so many of us bitching about the increased cost of fuel so loudly. It's the only expense we really "see" anymore. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" Taking the items in reverse order: I don't personnally know any of the owners who fret over the other toys they could have bought instead of an aircraft, so I won't attempt to address that issue. However, the spreadsheet issue is an interesting one--especially with regard to new aircraft and, to a slightly lesser extent, late model used aircraft. It is outside my areas of expertise, but was a large part of the reason for my vociferous critisism of Mr. Bass at Piper. However, an initial spreadsheet analysis is a traditional way to make a decision to own or rent--despite the obvious problems. Getting back to the questions of fixed vs variable costs, there a lot of people who use their airplanes for business, or to facilitate business, and who choose to do so from after tax income--usually because itis less than half of their flying. That obviously does not pass a management class analysis; but it often works better than concepts that do. The important point is that, for them, the fixed costs were fully justified and amortized by the business use--and only the variable costs remain. It is also a much easier way to deal with the need for proficiency and currency. Yes, I know that means most of the owners do not meet your definition of successfull; but, despite their ****ing and moaning, their presence does continue to further the cause of GA. Peter |
#114
|
|||
|
|||
Gloom
On Jun 19, 8:42 am, "Peter R." wrote:
On 6/19/2007 12:17:16 AM, Jay Honeck wrote: I don't know an average person's income versus 20 years ago, but I do know that you can buy a nice Cherokee 140 for about $30K. As you know, but for the benefit of those who don't own, operating costs for older aircraft become more of a barrier than acquisition cost. Right. For example I've run the numbers on various AOPA sweepstakes planes and come to the conclusion that I couldn't afford one even it it was given to me. Acquisition cost of a very low-end plane may be comparable to a high- end car. But the cost of keeping it is way out of the ballpark. In six years of owning my Lexus, which cost about the same to acquire as an entry-level used Cherokee, I've only had to spend $1K on maintenance once -- a 90K service that included a new timing belt and water pump. My "required annual" is a state emissions inspection at $30 a pop. And I don't have to rent a place to keep it. And it costs a lot less to insure than... well, you get the picture. Saying that a plane costs about the same as a high-end vehicle is simply wrong. It's way more. Not even close. |
#115
|
|||
|
|||
Gloom
On Jun 18, 11:13 pm, Jay Honeck wrote:
You will notice one thing about successful aircraft owners. (By "successful" I mean that they actually FLY their planes often.) They do not consider the cost of ownership in their equations at all. They have factored the expense of purchasing, storing, and maintaining their aircraft into their budgets, after which they regard it as a zero-cost affair, only considering fuel as the cost of flying. It's a form of mental illness, really, but it works. I fly because of the joy it brings me. I will continue to fly when I can, and consider myself very blessed to have been able to fly 3000 hours in the last 30 years. I will not let gas prices steal my joy. I will not let fretting about the future of GA steal my joy. I will consider each hour I fly in the future to be even more precious than the last because of its increasing scarcity. I refuse to participate in the gloom. -- Gene Seibel Tales of Flight - http://pad39a.com/gene/tales.html Because I fly, I envy no one. |
#116
|
|||
|
|||
Gloom
"Ken Finney" wrote in message ... First of all, GA needs to reach out. I had never been in anything smaller than a 737 until just a few years ago, and didn't even know what GA was. Thoughtful post, Ken. Thinking about this stuff is a great way to propel me through a non-flying day. In terms of reaching out, I wholeheartedly agree. In Troutdale the EAA used to do a small airshow. Nothing fancy except for the occasional P-51 or search and rescue demonstration, but the FBOs all gave reduced-rate introductory rides. People lined up in front of the FBO for discovery flights right along the show line and there would be two or three Cessnas ready to go as soon as the performance aircraft stopped and the field reopened. The CFIs worked their tail off that day flying people who'd just seen the other edge of general aviation. The FBO had the barbeque fired up and it didn't seem like a 100,000 person event where people were pretty much treated like cattle. Good fun every year--you didn't watch a bunch of multimillion-dollar military jets screeching around; you saw experimentals, gyrocopters and things that seemed accessible to the average person. One summer it just stopped happening. Maybe it's time to polish the brass and bring back the mystique and glory of simply flying a Cessna around the pattern instead of filling giant airshows with Truckasaurus, drag-racing semis and Blue Angels. -c |
#117
|
|||
|
|||
Gloom
On 6/19/2007 10:28:33 AM, Gene Seibel wrote:
I refuse to participate in the gloom. Right, but by failing to be motivated by this "gloom" have you become an unwilling participant in GA's possible extinction? -- Peter |
#118
|
|||
|
|||
Gloom
"Gatt" wrote in message ... "Ken Finney" wrote in message ... First of all, GA needs to reach out. I had never been in anything smaller than a 737 until just a few years ago, and didn't even know what GA was. Thoughtful post, Ken. Thinking about this stuff is a great way to propel me through a non-flying day. In terms of reaching out, I wholeheartedly agree. In Troutdale the EAA used to do a small airshow. Nothing fancy except for the occasional P-51 or search and rescue demonstration, but the FBOs all gave reduced-rate introductory rides. People lined up in front of the FBO for discovery flights right along the show line and there would be two or three Cessnas ready to go as soon as the performance aircraft stopped and the field reopened. The CFIs worked their tail off that day flying people who'd just seen the other edge of general aviation. The FBO had the barbeque fired up and it didn't seem like a 100,000 person event where people were pretty much treated like cattle. Good fun every year--you didn't watch a bunch of multimillion-dollar military jets screeching around; you saw experimentals, gyrocopters and things that seemed accessible to the average person. One summer it just stopped happening. Maybe it's time to polish the brass and bring back the mystique and glory of simply flying a Cessna around the pattern instead of filling giant airshows with Truckasaurus, drag-racing semis and Blue Angels. -c Very well said. Peter |
#119
|
|||
|
|||
Gloom
On Jun 19, 7:45 am, "Peter R." wrote:
On 6/19/2007 12:13:40 AM, Jay Honeck wrote: Which is the reason you'll hear so many of us bitching about the increased cost of fuel so loudly. It's the only expense we really "see" anymore. Really? Cracked exhaust pipes, cracked spinners, recurring ADs for dye-penetrant spar inspections, engine overhauls, prop overhauls, etc., etc, etc. are also pretty visual and recurring expenses. -- Peter I've been flying the same 35 year old spamcan for over half a decade now, and haven't had to deal with any of those such maintenance nightmares. In fact, I've only had to replace the exhaust muffler once as the biggest repair expense since purchaing the plane and that was only about $800 above what usually amounts to be about a $500 annual each year. If you buy the *right* vintage spamcan and get a very thorough pre-purchase inspection to weed out buying a possible lemon or junkheap aircraft that'll eat your lunch in repairs, you can avoid the nightmares. Right now, it's a buyer's market too, and if you're shopping for a used spamcan, you can pick the cream of the crop. The thing that has curtailed the my pleasure flying the most is indeed fuel costs. And not just the price of avgas, but the price of gas for my car too. I have a fixed income and have only X dollars to spend on any kind of gasoline each week, whether for the road or the air. Both kinds of gasoline have virtually almost doubled in price over the past couple years or so, and I still need the same number of gallons to drive to and from work, so my gas money that was once used for pleasure flying is now necessary to put into my vehicle to get me to my job each day. My flying has been literally cut in half because of this higher operating cost for any fuel-burning vehicles. |
#120
|
|||
|
|||
Gloom
"Jay Honeck" wrote in message ups.com... Forgive me, as I'm not a pilot (yet). I've spent way too much time thinking about the interrelation of lots of things lately, which feeds into this discussion. If "aviation" were so important to pilots, you'd think that they'd be willing to invest their time into it. Bravo for an outstanding post. Sadly, it's one I might have written myself, five or ten years ago. (Check the archives -- I probably did!) Back then, I was the new guy at the airport, frustrated by the inertia and lack of enthusiasm amongst pilots, and wondering why no one was *doing* anything. As time has gone on, however, and I've tried various and sundry things (you may not know it, but I've taken love of aviation about as far as one can in the real world, up to and including creating an aviation themed hotel at our airport), I've grown increasingly cynical and weary of the battle. Pilots just won't do much of anything (other than fly), even if its in their best interest. snip Yes, I know, you are one of the good guys. |
Thread Tools | |
Display Modes | |
|
|