How's the economy?
Question:
I fly less now than I did in the booming economy of late 90’s. I own residential rentals in Dallas and housing is soft now. Less money in my pocket means less hours in the sky. Plus, I squirrel away more money now. I know of a couple CFI’s who had to find other jobs. A couple lowered rates and practically begged for students. A lot of tech geeks gave up their expensive hobby when their jobs disappeared. The discussion that ensued swirled around whether pilots are being squeezed harder than average by the current economic situation, with gas at $3 bucks a gallon, maintenance costs high, and avionics outrageously expensive. Some say yes, some say no.
Consumer confidence. Plain and simple consumer confidence. Sad situation. -RM
– Hide quoted text — Show quoted text – Just read an amazing — and depressing — post over on Cherokee Chat (the Cherokee Pilots Association’s chat page) from the makers of Laminar Flow products, and the Power Flow exhaust system, almost literally *begging* CPA members for some business. I’ve never read a more honest post from a business person — it was obviously written from the heart, probably in a weak moment, by someone who has invested their life’s time and money into a business that is not doing well. It sounds like they’re barely keeping the lights on. The discussion that ensued swirled around whether pilots are being squeezed harder than average by the current economic situation, with gas at $3 bucks a gallon, maintenance costs high, and avionics outrageously expensive. Some say yes, some say no. How ’bout it — you folks flying any less because of bad times? — Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination"
Response:
How ’bout it — you folks flying any less because of bad times?
I started flying in bad times (post 2001-09-11), so I have nothing to compare to, but when I have to pay so much for insurance, tie-down, maintenance, and annual, I want to make damned sure that I get my money’s worth by flying a lot of hours. Even at Canadian prices, avgas for my Warrior costs up to only CAD 35/hour (USD 25/hour) at 75% power and 8.5 gph, and less if I’m flying slower. Flying the same trip (say, Ottawa to Toronto), the cost of gas for the Warrior II or for our 1999 Toyota minivan comes up to about the same, even though mogas is cheaper per liter. In downtown in big cities, parking is sometimes a little cheaper for the Warrior than it would be for our minivan. The main extra cost of taking a family trip by air is having to rent a car at the other end. All the best, David
Response:
Just read an amazing — and depressing — post over on Cherokee Chat (the Cherokee Pilots Association’s chat page) from the makers of Laminar Flow products, and the Power Flow exhaust system, almost literally *begging* CPA members for some business. I’ve never read a more honest post from a business person — it was obviously written from the heart, probably in a weak moment, by someone who has invested their life’s time and money into a business that is not doing well. It sounds like they’re barely keeping the lights on.
Considering they market products that are TOTALLY optional, I don’t think you can use them as a good example of the overall industry. Laminar Flow, and they’re chief competition Knots2U, have been around for a pretty long time (probably close to 20 years). They have to realize that their market is low volume. The Powerflow exhaust is a great idea (I have one), but it’s priced pretty high if you consider the cost of a replacement stock exhaust. The discussion that ensued swirled around whether pilots are being squeezed harder than average by the current economic situation, with gas at $3 bucks a gallon, maintenance costs high, and avionics outrageously expensive. Some say yes, some say no. How ’bout it — you folks flying any less because of bad times?
Significantly less than I ever have before, but mostly because of the Fed’s silly airspace restrictions. I would bet that gas isn’t that much higher, if at all, than it’s ever been if you compensate for inflation. Maintenance costs don’t seem any higher, and avionics upgrades are, most of the time, optional. — Jay __!__ Jay and Teresa Masino ___(_)___ http://www2.ari.net/jmasino/ ! ! ! Checkout http://www.oc-adolfos.com/ for the best Italian food in Ocean City, MD and… Checkout http://www.brolow.com/ for authentic Blues music on Delmarva
Response:
"acquiring my ATP in a couple hundred hours" I thought you needed something like 1400 hours for your ATP? – Hide quoted text — Show quoted text – How ’bout it — you folks flying any less because of bad times? I’m in the internet test gear market. Last year was the company’s best year of the last four. So far we’re down compared to those (perhaps unrealistic) numbers, but in the last two weeks we’ve received quite a few orders, several of which were unexpected. If the 4th quarter is nearly as good as last year, we should wind up doing about 75% of last year’s gross, which is more than enough to stay in the black, and really not bad when one considers how many companies have imploded in my area in recent memory. Another data point … all of my friends who were out of work, including one who was on semi-permanent vacation for 18 months, are now gainfully employed. Overall, I’d say the economy is (finally) picking up. Employees don’t have the pricing power they did in the late 90’s, but we have to walk before we run, no? As for flying, I recently exceeded my annualized record for flight time, but not without personal sacrifice. My justification and motivation for continued spending in aviation is hinged on acquiring my ATP in a couple hundred hours. -Doug — Doug Vetter, CFIMEIA http://www.dvcfi.com
Response:
My freelance work has picked up very noticeably this past month. I’m getting more requests from startup businesses and quite a number of my current clients are repeats.
So when are you gonna quit your day job, Jeffro? — Jim Fisher
Response:
How ’bout it — you folks flying any less because of bad times?
I’m in the internet test gear market. Last year was the company’s best year of the last four. So far we’re down compared to those (perhaps unrealistic) numbers, but in the last two weeks we’ve received quite a few orders, several of which were unexpected. If the 4th quarter is nearly as good as last year, we should wind up doing about 75% of last year’s gross, which is more than enough to stay in the black, and really not bad when one considers how many companies have imploded in my area in recent memory. Another data point … all of my friends who were out of work, including one who was on semi-permanent vacation for 18 months, are now gainfully employed. Overall, I’d say the economy is (finally) picking up. Employees don’t have the pricing power they did in the late 90’s, but we have to walk before we run, no? As for flying, I recently exceeded my annualized record for flight time, but not without personal sacrifice. My justification and motivation for continued spending in aviation is hinged on acquiring my ATP in a couple hundred hours. -Doug — Doug Vetter, CFIMEIA http://www.dvcfi.com
Response:
Being as your in the hotel business, on an airport, I bet you can see the trend easier then most of us.
Our hotel business is so bizarre, it’s hard to gauge how things are really doing in the economy. This is partially due to our location in a University town, which tends to insulate us from the "real" economic world. One thing’s for sure, though: If we had to depend on pilots for our core business, we would have closed the doors by now. We’ve really had our ups and downs this first year. We had a catastrophic late winter/spring, when the war in Iraq literally stopped everyone from making travel plans. The country took a collective breath, held it, and we literally had weeks with almost no guests, virtually no income — and plenty of expenses that never stopped… With the cessation of hostilities, and a big increase in fly-in guests, we had an absolutely incredible summer. We were so busy with both fly-in and "regular" guests that we fell four months behind in our remodeling schedule. We made up everything we lost in the spring, and then some… Now, since Labor Day, it’s been pretty dead again, with nights (like tonight) at just 30% occupancy. However, these nights are separated by our incredible "College Football Weekends", thanks to the University of Iowa Hawkeye home games, when we can almost literally charge ANYTHING for any room, and command a two-night minimum stay. And we have a long waiting list of folks praying for cancellations, at any price. (We’ve even started renting out vacant rooms in our dorm — a 3-story rooming house. I’ve got people absolutely thrilled to pay fifty bucks a night to stay in a 12 by 12 foot room, with shared bath facilities!) This is all fine, but our goal — and reason for opening the hotel — is to provide an outstanding destination for fly-in pilots, so that folks like us have a place to spend a getaway weekend among friends who "speak aviation", in a city with lots of neat things to do. To this end, we’ve attracted many pilots from all over the world, and it’s been great — but it’s still just a smattering percentage of our overall business. As a whole I’d say that General Aviation has been way down around here for at least the past 6 months, and it doesn’t look like it’s getting better any time soon — although our local FBO just told me that they have recently seen a HUGE increase in their number of student pilots, which bodes well for the future. While this is great news, it’s not going to impact my business anytime soon. It would sure be good to see G.A. booming again, because we’d MUCH rather hang out with you guys than just a bunch of "normal" guests! ;) Oh well — I hope Laminar Flow and Power Flow Exhaust can hang in there. They seem like good people, trapped in a very bad segment of the economy. — Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination"
Response:
How ’bout it — you folks flying any less because of bad times?
No. Less flying because of TFR nonsense (a small contributer), but mostly work commitments are interfering with my ability to just take a few hours of vacation and fly. I keep telling them that if I don’t have time to fly then there isn’t any point to having the job… :-/ — Bob Noel
Response:
How ’bout it — you folks flying any less because of bad times?
Yeah, by at least half. RE: the overpriced exhaust system…. A new (rebuilt) stock system runs about $1000 including all new heat shrouds and brackets, for a Cherokee 140. I know… did that last year’s annual. The Powerflow system is $3675.00. http://www.powerflowsystems.com/products/PA28150_web.htm That’s absolutely *NUTS* !
Response:
How ’bout it — you folks flying any less because of bad times?
Personally, no – our business is great. But the Mobile Bates Field Aero Club is in the worst financial condition it’s been in for 20 years because the members just aren’t flying. I don’t use the club planes anymore, but I glanced at the reservation book last month and found weeks with NO hours flown by any of the three airplanes. — Dan C172RG at BFM
Response:
I try to fly somewhere (XC – I dont consider local zooming around flying) at least once a week. We have an internet business, even tho its down by about half since 2000, its still doing ok enough for me to take my wife to her horse shows. Being as your in the hotel business, on an airport, I bet you can see the trend easier then most of us. I have several friends who are CFI’s, they said business has recently picked up alittle, but for awhile, was horrible. This weekend, its off to the Prescott, Az. Airfair… – Hide quoted text — Show quoted text – Just read an amazing — and depressing — post over on Cherokee Chat (the Cherokee Pilots Association’s chat page) from the makers of Laminar Flow products, and the Power Flow exhaust system, almost literally *begging* CPA members for some business. I’ve never read a more honest post from a business person — it was obviously written from the heart, probably in a weak moment, by someone who has invested their life’s time and money into a business that is not doing well. It sounds like they’re barely keeping the lights on. The discussion that ensued swirled around whether pilots are being squeezed harder than average by the current economic situation, with gas at $3 bucks a gallon, maintenance costs high, and avionics outrageously expensive. Some say yes, some say no. How ’bout it — you folks flying any less because of bad times? — Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination"
Response:
… sounds like a good time for a paint job?
Just read an amazing — and depressing — post over on Cherokee Chat (the Cherokee Pilots Association’s chat page) from the makers of Laminar Flow products, and the Power Flow exhaust system, almost literally *begging* CPA members for some business.
I feel for those guys. But it is not only the economy that is hitting them, I believe there are side effects from the security situation and the unnecessary choking of GA post 9-11. It would be GREAT if we actually had an economic plan besides tax cuts for the guys with jets. How ’bout it — you folks flying any less because of bad times?
The same. It just hits my pocket book harder.
Response:
How ’bout it — you folks flying any less because of bad times?
Lost my job last November. Since then, I’ve run through quite a bit of unemployment insurance and finally opened up a home repair service to get a little money coming in. On the other hand, I’ve done my best to attend every Young Eagles flight in New Jersey (made it to about half). So it’s probably about the same total time. No long trips, though, and I skipped Osh. George Patterson God grant me the senility to forget the people I never liked anyway, the good fortune to run into the ones I like, and the eyesight to tell the difference.
Response:
The discussion that ensued swirled around whether pilots are being squeezed harder than average by the current economic situation, with gas at $3 bucks a gallon, maintenance costs high, and avionics outrageously expensive. Some say yes, some say no. How ’bout it — you folks flying any less because of bad times?
Since all my flying currently is business related, we’re flying more and making inroads with new customers since we do business face-to-face, whereas our competition is merely doing phone calls and e-mails.
Response:
– Hide quoted text — Show quoted text – Just read an amazing — and depressing — post over on Cherokee Chat (the Cherokee Pilots Association’s chat page) from the makers of Laminar Flow products, and the Power Flow exhaust system, almost literally *begging* CPA members for some business. I’ve never read a more honest post from a business person — it was obviously written from the heart, probably in a weak moment, by someone who has invested their life’s time and money into a business that is not doing well. It sounds like they’re barely keeping the lights on. The discussion that ensued swirled around whether pilots are being squeezed harder than average by the current economic situation, with gas at $3 bucks a gallon, maintenance costs high, and avionics outrageously expensive. Some say yes, some say no. How ’bout it — you folks flying any less because of bad times?
Here in the UK fuel is $6.50 a US gallon and with landing fees at every airstrip, Minimum this year has been $12 for a simple grass strip and $100 for a provincial airport when I had to divert you have no idea of cost. An initial issue of a pilots licence is $240 after paying the test fees. you can be sure I fly all the hours I can. Don’t land anywhere though. Dave
Response:
I haven’t flown in over a year. A big reason is saving cash. I suspect that I’m not the only one. A couple of years ago, on a typical summer Sunday, the Mpls Star Tribune used to have about 30+ classified listings under aviation. For the last year or so, it’s been averaging 6 listings on a Sunday. The good news is that in my business, things are coming back to life. Another couple of months of decent sales, and I’ll start getting more interested in getting back into the cockpit. Mike Schumann
– Hide quoted text — Show quoted text – Just read an amazing — and depressing — post over on Cherokee Chat (the Cherokee Pilots Association’s chat page) from the makers of Laminar Flow products, and the Power Flow exhaust system, almost literally *begging* CPA members for some business. I’ve never read a more honest post from a business person — it was obviously written from the heart, probably in a weak moment, by someone who has invested their life’s time and money into a business that is not doing well. It sounds like they’re barely keeping the lights on. The discussion that ensued swirled around whether pilots are being squeezed harder than average by the current economic situation, with gas at $3 bucks a gallon, maintenance costs high, and avionics outrageously expensive. Some say yes, some say no. How ’bout it — you folks flying any less because of bad times? — Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination"
Response:
– Hide quoted text — Show quoted text – Just read an amazing — and depressing — post over on Cherokee Chat (the Cherokee Pilots Association’s chat page) from the makers of Laminar Flow products, and the Power Flow exhaust system, almost literally *begging* CPA members for some business. I’ve never read a more honest post from a business person — it was obviously written from the heart, probably in a weak moment, by someone who has invested their life’s time and money into a business that is not doing well. It sounds like they’re barely keeping the lights on. The discussion that ensued swirled around whether pilots are being squeezed harder than average by the current economic situation, with gas at $3 bucks a gallon, maintenance costs high, and avionics outrageously expensive. Some say yes, some say no. How ’bout it — you folks flying any less because of bad times? — Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination"
Am flying the same if not more. I don’t think one company can be considered a trend. The people I know that have bought Power Flow exhaust say the plane has improved performance not because of the Power Flow exhaust but because their wallet is so much lighter. Might have something to do with the current financial condition of the company.
Response:
I’m flying a tad less these days but it’s due to conflicting schedules and not lack of funding. I try to fly once every 7-10 days or so and sometimes it goes two weeks between flights. Fortunately, I’m able to fit the costs of flying into the budget. — Jack Allison PP-ASEL "When once you have tasted flight, you will forever walk the Earth with your eyes turned skyward, for there you have been, and there you will always long to return" - Leonardo Da Vinci
Response:
The discussion that ensued swirled around whether pilots are being squeezed harder than average by the current economic situation, with gas at $3 bucks a gallon, maintenance costs high, and avionics outrageously expensive. Some say yes, some say no. How ’bout it — you folks flying any less because of bad times?
If it’s worth anything at all, the industry we sell to (cast-metal foundries, that is. Have a look in your cowling to see where my work intersects your flying) usually leads the rest of the economy. When things are about to go badly, we’re some of the first to be hit. When they begin to get better, we know it first. So it might be instrumental for everyone to know that our orders for software to this industry are up, our consulting contracts are swamping our engineer, and people are paying the bills. We’re getting this in spite of an industry full of engineering consultants and also full of remarkably reticent customers. So I think the economy is on the mend and has been for about five months. I’m sure it won’t get as white-hot as it was in the mid-nineties overnight, but my own out-of-work relatives are now back to work and making ends meet. And I was one of the lucky ones, having never lost work to the colossal executive sophistry and stock market driven fear pervading my own specialty. By the time the election rolls around I’d guess people will be quite apathetic about the economy. Rob — [You] don’t make your kids P.C.-proof by keeping them ignorant, you do it by helping them learn how to educate themselves. — Orson Scott Card
Response:
How ’bout it — you folks flying any less because of bad times?
Not me personally, but I know others that are not flying as much. Rental and fuel costs have increased steadily over the last five years. Given that the majority of pilots are renters, that is significant. We had a leaseback 1999 C172S in our club for three months before the owner pulled it due to lack of income generation. Of course, it didn’t help that he priced it out of the market at $96/hr. The older C172N’s are still renting for $72/hr. Then there is the recent lease back of a 1982 Piper Archer that is renting for $96/hr, it isn’t flying much either. There are basically two groups of renters in our club, the high performance/complex group and the low power types. The HP/CPLX are relatively small in number, perhaps 15-20 people renting (wet) a C182R ($112/hr), PA28T-201T ($112.50/hr), and PA32-300 ($115/hr). The remainder of the 700+ members split the three C172’s, two C152’s, a Katana, and a PA28-181. The majority of the club’s membership only fly between Memorial Day and Labor Day. The C172’s are used pretty steadily for Student Pilot training and weekend outings. How do I determine that flying is down? Aircraft availability. Until two years ago, I would have to reserve an aircraft months in advance. Now, I walk into the office, look at the schedule book and block an aircraft for the dates and times I want.
Response:
How ’bout it — you folks flying any less because of bad times?
Absolutely. Positively. For a while I thought this stupid economy was gonna kick my ass. I started kicking back, though, and have survived with only a few scars. I learnt my lesson, though. I ain’t gonna get back into the air regularly until I have more solid footing on the ground. — Jim Fisher
Response:
Not flying as much. Don’t have the income that I had 2 years ago. We have a residential interior design firm. When the economy is down, people put off up-grades on their houses and their planes! — Kevin McCue KRYN ‘47 Luscombe 8E Rans S-17 (for sale) —–= Posted via Newsfeeds.Com, Uncensored Usenet News =—– http://www.newsfeeds.com – The #1 Newsgroup Service in the World! —–== Over 100,000 Newsgroups – 19 Different Servers! =—–
Response:
Last year was my biggest year ever, but it had nothing to do with the economy. This year I’m back to about normal. — Gene Seibel Hangar 131 – http://pad39a.com/gene/plane.html Because I fly, I envy no one. – Hide quoted text — Show quoted text – Just read an amazing — and depressing — post over on Cherokee Chat (the Cherokee Pilots Association’s chat page) from the makers of Laminar Flow products, and the Power Flow exhaust system, almost literally *begging* CPA members for some business. I’ve never read a more honest post from a business person — it was obviously written from the heart, probably in a weak moment, by someone who has invested their life’s time and money into a business that is not doing well. It sounds like they’re barely keeping the lights on. The discussion that ensued swirled around whether pilots are being squeezed harder than average by the current economic situation, with gas at $3 bucks a gallon, maintenance costs high, and avionics outrageously expensive. Some say yes, some say no. How ’bout it — you folks flying any less because of bad times?
Response:
Jay, care to cross-post the thread here or will that be a no-no by CPA standards? Marco
– Hide quoted text — Show quoted text – Just read an amazing — and depressing — post over on Cherokee Chat (the Cherokee Pilots Association’s chat page) from the makers of Laminar Flow products, and the Power Flow exhaust system, almost literally *begging* CPA members for some business. I’ve never read a more honest post from a business person — it was obviously written from the heart, probably in a weak moment, by someone who has invested their life’s time and money into a business that is not doing well. It sounds like they’re barely keeping the lights on. The discussion that ensued swirled around whether pilots are being squeezed harder than average by the current economic situation, with gas at $3 bucks a gallon, maintenance costs high, and avionics outrageously expensive. Some say yes, some say no. How ’bout it — you folks flying any less because of bad times? — Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination"
Posted Via Usenet.com Premium Usenet Newsgroup Services ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY ** http://www.usenet.com
Response:
Just read an amazing — and depressing — post over on Cherokee Chat (the Cherokee Pilots Association’s chat page) from the makers of Laminar Flow products, and the Power Flow exhaust system, almost literally *begging* CPA members for some business. I’ve never read a more honest post from a business person — it was obviously written from the heart, probably in a weak moment, by someone who has invested their life’s time and money into a business that is not doing well. It sounds like they’re barely keeping the lights on. The discussion that ensued swirled around whether pilots are being squeezed harder than average by the current economic situation, with gas at $3 bucks a gallon, maintenance costs high, and avionics outrageously expensive. Some say yes, some say no. How ’bout it — you folks flying any less because of bad times? — Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination"