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Flight Training Cost Comparison

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Flight Training Cost Comparison

Prospective members, especially student pilots without previous ownership experience, frequently ask about the cost comparison between Artisan Flying Club and a flight school. If you fly 40 to 60 hours per year


Here are the assumptions:

 · A student pilot can normally complete training in one year, in about 50 to 60 hours. 

· The cost of the flight instructor and ground school is the same at a flight school or at Artisan Flying Club.

· Since our trainer is the Piper Warrior, an IFR GPS equipped four passenger aircraft, we compare against the local FBO's IFR capable C-172.

· We take the member share price out of the equation, since the members treat it as a personal asset, redeemable at the member’s option upon withdrawal from the Club.

With those assumptions in mind, the equation is something like this:

 · Artisan Flying Club:  60 hours of flying time (on the Hobbs meter), but charged as 51 hours of tach time, at $95, or $4845, plus the monthly fees (12 months at $150, or $1800), for a total of $6645.

· Local Flight School:  60 hours of C172 rental at local flight school at $110 per hour, for a total of $6600.

 The point is not that one is more expensive than the other, but rather that the out of pocket expenses are about the same. 

 It is the intangibles that make Artisan Flying Club a smart choice.  As an Artisan member, you get:

 · the same, well equipped and well maintained aircraft for every training flight

· scheduling convenience and flexibility so the aircraft is available almost whenever you and your instructor need it

· Excellent facilities, including comfortable hangers and a well equipped lounge, to make pre and post flight briefings pleasant and comfortable

· Artisan Flying Club members who will encourage and support your training, answer your questions, share their experiences, and welcome you as a guest on their own missions to provide you with real flying experience.

the out-of-pocket cost is essentially the same, the difference is the intangibles. 
 

How do you handle winter conditions?

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All of our airplanes have cabin heaters and telephone remote-controlled electric engine pre-heaters, along with the year-round hangaring, for convenient winter operations.
Hangar

Last Updated on Thursday, 03 September 2009 21:50
 

What type of aircraft does Artisan have?

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Members own four very well-equipped IFR Piper aircraft:  One Lance, Two Arrow IVs and one Warrior II. All have Strikefinders, Garmin 530WAAS  IFR GPS, ILS, dual nav/com, 4-place intercoms, pilot/co-pilot push-to-talk, standby vacuum, autopilot.
Artisan Aircraft

Last Updated on Thursday, 03 September 2009 20:27
 

How about availability?

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Availability

Artisan Flying Club aircraft average 300 to 400 hours each per year. Scheduling is done online with
Aircraftclubs.com

Any member can take the aircraft at any time for up to seven days. A member who needs to take a trip longer than 7 days may do so after confirming that no other member wants the aircraft during that time period.

Last Updated on Thursday, 03 September 2009 21:12
 

How does Artisan ownership compare to rental costs?

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Prospective members, especially student pilots without previous ownership experience, frequently ask about the cost comparison between Artisan Flying Club and a flight school. If you fly 40 to 60 hours per year the out-of-pocket cost is essentially the same, the difference is the intangibles. 


Here are the assumptions:

 

· A student pilot can normally complete training in one year, in about 50 to 60 hours. 

· The cost of the flight instructor and ground school is the same at a flight school or at Artisan Flying Club.

· Since our trainer is the Piper Warrior, an IFR GPS equipped four passenger aircraft, we compare against the local FBO's IFR capable C-172.

· We take the member share price out of the equation, since the members treat it as a personal asset, redeemable at the member’s option upon withdrawal from the Club.

With those assumptions in mind, the equation is something like this:

 

· Artisan Flying Club:  60 hours of flying time (on the Hobbs meter), but charged as 51 hours of tach time, at $95, or $4845, plus the monthly fees (12 months at $150, or $1800), for a total of $6645.

· Local Flight School:  60 hours of C172 rental at local flight school at $110 per hour, for a total of $6600.

 

The point is not that one is more expensive than the other, but rather that the out of pocket expenses are about the same. 

 

It is the intangibles that make Artisan Flying Club a smart choice.  As an Artisan member, you get:

 

· the same, well equipped and well maintained aircraft for every training flight

· scheduling convenience and flexibility so the aircraft is available almost whenever you and your instructor need it

· Excellent facilities, including comfortable hangers and a well equipped lounge, to make pre and post flight briefings pleasant and comfortable

· Artisan Flying Club members who will encourage and support your training, answer your questions, share their experiences, and welcome you as a guest on their own missions to provide you with real flying experience.

Last Updated on Thursday, 03 September 2009 21:17
 
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FYI

Every Artisan member is an equal shareholder.  Artisan doesn’t have different ‘classes’ of members.  We each own an equal share of the airplanes.