Cost of using General Aviation
Ownership Options
There are 3 primary types of aircraft ownership: Fractional, Partnership, and Sole. Each ownership model has distinct advantages and disadvantages with no clear cut right or wrong answer. A consultant from Horizons Aloft will assist you in making the right decision for your business.
What kind of costs will you incur
There are many costs associated with owning an airplane and we at Horizons Aloft will prepare a specific list depending on your exact situation. However here is a list of items you should be thinking about -
- Acquisition costs
- Operational costs
- Fuel
- Oil
- Conditional Maintenance
- Hangar rent
- Insurance
- Periodic Maintenance
- Engine reserve
What is the basic cost of entry
You can purchase a basic, dependable 4 place aircraft starting around $55,000 that will be properly equipped for visual and instrument flying. To earn your visual license will be about $4,000 and take anywhere from 4 weeks to 6 months to complete depending on how much time you can dedicate to learning *.
* - Every person is unique and there is no way of knowing the exact numbers ahead of time.
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