081 calculations

[Bob Irving]

I'm not sure it is going to be possible to beat those numbers, Mike. The
initial premise was that Eagle East was going to bankroll most/all of the
airplane cost by financing it for us. Once we started to dig for the
details,  that turns out to be not the case.  Worse, the aircraft offered by
Eagle East turn out to be problems - 976 has run out engine and the 081 will
be run out in less than a year.  

 

If you simply want to fly cheap (and I can understand that), then the Cub is
a good deal for you.  Cross country or weekends in a Cub, however, might be
problematic.

 

Bob

 

From: eefc-core-bounces at workingcode.com
[mailto:eefc-core-bounces at workingcode.com] On Behalf Of Mike Lysik
Sent: Thursday, April 16, 2009 8:48 PM
To: Eagle East Flying Club Core Team
Subject: Re: 081 calculations

 

I'm still having trouble justifying the cost with our numbers.  I can fly
976 for $115 or $120 per hour...I can't remember what the exact price is.  I
fly approx. 25 hours per year(I'd like to do more and I know that's where
the savings is).  So at $120 per hour, 25 hours the yearly cost is: $3000.
081 will cost me 60/mo + 65 per hour(2 hrs/month) + 1500 up front = 4500 for
the first year, and then $3125/yr after that.  I know it's only $1500 + $125
per year, but it's still going to cost me more, and the goal in researching
the club was to find a way to fly for less money.  Another option...you can
rent a cub in hampton for $80/hr., no upfront costs involved.

 

Keep me on the list, as I would really like to offer help, but I'm going to
say no at this point.

 

Thanks,

Mike

----- Original Message ----- 

From: Steve <mailto:steve at media-phile.com>  Gordon 

To: 'Eagle <mailto:eefc-core at workingcode.com>  East Flying Club Core Team' 

Sent: Thursday, April 16, 2009 2:17 AM

Subject: RE: 081 calculations

 

I vote yes on 081 at this cost structure.

 

From: eefc-core-bounces at workingcode.com
[mailto:eefc-core-bounces at workingcode.com] On Behalf Of Bob Irving
Sent: Wednesday, April 15, 2009 11:21 PM
To: 'Eagle East Flying Club Core Team'
Subject: RE: 081 calculations

 

Ok - correction

 

15 members

Initial cost= 1500

Monthly = 60

Hourly = 65

 

 

I'm not sure that everyone has your latest version of the spreadsheet but
it's easy to correct. Your version also assumes we will go the full 400 hrs
before needing a new engine.

 

From: eefc-core-bounces at workingcode.com
[mailto:eefc-core-bounces at workingcode.com] On Behalf Of Steve Gordon
Sent: Wednesday, April 15, 2009 10:39 PM
To: 'Eagle East Flying Club Core Team'
Subject: RE: 081 calculations

 

I got different numbers from the spreadsheet.  See attached (at 15 members).
The numbers I came up with (not rounded) are as follows:

 


One Time Cost:

$1,446.67


Monthly Dues:

$50.63


Rate Per Hour:

$60.30

 

-Steve

 

From: eefc-core-bounces at workingcode.com
[mailto:eefc-core-bounces at workingcode.com] On Behalf Of Bob Irving
Sent: Wednesday, April 15, 2009 9:31 PM
To: 'Eagle East Flying Club Core Team'
Subject: 081 calculations

 

In very round numbers 081 would cost as follows; This assumes we plan for a
20,000 overhaul very soon. probably within the first year.

Please carefully check my numbers using the calculator and let me know if
you are interested or not interested. No sense prolonging the agony or
speculating. 

 

10 members

Initial = 2600

Monthly = 100

Hourly = 75

 

15 members

Initial = 1800

Monthly = 70

Hourly = 75

 

 


  _____  


_______________________________________________
eefc-core mailing list
eefc-core at workingcode.com
https://www.workingcode.com/mailman/listinfo/eefc-core

-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://www.workingcode.com/pipermail/eefc-core/attachments/20090416/934a447a/attachment.html