When was the last time your rates changed?

Our monthly dues increased from $100 to $125 in April of 2008. The monthly dues are used for our fixed operating expenses which include insurance, tie-downs and hangars, annual inspections, GPS navigation updates, and office and web site expenses. They also include a margin for “wear and tear” maintenance on the aircraft, new paint, interior replacement, etc.

Our hourly rates are adjusted to cover the actual cost of flying the aircraft. This includes fuel, maintenance, and engine reserves. The last adjustment to our aircraft rates was in September 2016. Details of how we price the aircraft are discussed at monthly business meetings.