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June 14th, 2006, 15:03
| #1 |
| Old Skool  Join Date: May 2006 Location: Virginia is for Lovers, yacht chasing on the weekends
Posts: 1,844
 |  How much is too much?
Without going into too much detail, how much do you think is too much for an hourly rate to charter a Cessna 206. Same question for a 208 Caravan. I was in the FBO the other day and heard someone mention a King Air 100 going for $750 an hour, which really got me worried about what we'll be charging.
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June 14th, 2006, 15:40
| #2 |
| Junior Member Join Date: Oct 2003 Location: MD
Posts: 128
| Re: How much is too much?
2 years ago, my company bid out our 208's between $2.35-2.75 a mile. On demand cargo.
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June 14th, 2006, 16:02
| #3 |
| Old Skool Join Date: May 2006 Location: Virginia is for Lovers, yacht chasing on the weekends
Posts: 1,844
| Re: How much is too much?
Quick calculations means that works out to be about $425-$495 an hour (cost per mile * 180 knots). With current fuel prices being about $2/gal. higher than 2 years ago, I'll guess we're looking at a $125-$150/hr greater operating cost (Jet-A 2 years ago at $2.50/gal vs. now at $4.50/gal). Add the increased price of fuel, and now I'm thinking it would be more like $550-$645/hr or $3.05-$3.58/nm. Increase in insurance premiums is probably a biotch as well.
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