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Originally Posted by MFT1Air  For example, if we did the math. . .$900 a week GUARANTEED is approximately $40 - $46K a year. Now, for a single engine Mooney or a light twin. . .any and everyone who just finished their commercial ticket would jump on an opportunity like that. . .really! Is that truly realistic for a job like this? Heck, the plane's monthly payment borders around that amount for a Mooney. That's not sound business practice if you ask me. . .but I'm asking you.  |
$900 a week is the cap or the most he could make in a week. The guarenteed money is 10 days per month, which would be $3000 per month or $36,000 per year, which is not very high. That comes out to $18,000 per year per partner.
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Further clarification. . .he did say the most he'd fly would approximate 20/30 hours a month and anything over 30 would be an hourly surcharge. . .so, 30/4 is approximately 8 hrs a week (high ball) (numbers aren't right if you're talking 400nm in a Mooney or a twin). . .which is approximately 2 or 3 flights a week for 3 hours max. That's approximately $600 - $900 a week. We're talking over $100 an hour ball park.
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If you are going to charge by the hour you would want to charge by the time away from home, not the flight time. This isn't the airlines. He could do a 100 mile trip, sit for two days and fly home. That would be two hours of pay for two days of work by your logic. That doesn't sound like good business for the pilot does it
If he does three flights a week he would probally be looking at about eight hours per day of duty time, which is what his pay would be based off of. At $900 per week and 32 hours of work that is about $28 per hour, which is by no means a lot.
Alex.