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this post was submitted on 11 Sep 2023
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Mildly Interesting
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This is for strictly mildly interesting material. If it's too interesting, it doesn't belong. If it's not interesting, it doesn't belong.
This is obviously an objective criteria, so the mods are always right. Or maybe mildly right? Ahh.. what do we know?
Just post some stuff and don't spam.
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A lot of people hear or read "plane" and assume like a million dollars. You can quite literally buy a single prop piston engine small plane for less than $100k USD. Yearly cost to maintain can be as little as a few thousand if flights hours are low.
You can get a Cessna 172 or even some nice Mooneys for around $50k. Unlike cars, even really old ones are kept in good running order because parts time out and have to be regularly maintained. Even if you want to buy a newer plane, a lot of people in GA use fractional ownership. That $200k newish Cirrus SR22 is fairly likely owned by 4 people splitting the bill. GA isn't cheap by any measure, but it also isn't exclusively for the wealthy. Upper middle class can get into it without too much issue. The people we should be raising everyone to, not tearing down.
A Rutan Long EZ running autogas has a better environmental footprint than a Prius and is more than twice as fast
https://www.aopa.org/news-and-media/all-news/2015/december/14/indy-car-speed-with-prius-fuel-consumption
My 1961 plane burns 25mpg, carries 4 people, and goes 160mph. I own a car that gets worse fuel economy.
GA is not just private jets.
Also, many of those planes are timeshared. Most of the people I know in those places share a plane with several other people or have small kit planes they built.
But, that's $100k for a hobby.
Like, you're almost certainly not using that plane to commute. You may use it instead of buying a commercial plane ticket when you go on vacation somewhere, but that's not saving you any money, it's likely costing you significantly more in storage fees, etc.
People who own planes aren't billionaire-rich necessarily, but they're still people who can afford hobbies that cost $100k.
They are multimillionaires but not the private jet money wealthy types.
The aircraft hold their value, and actually appreciate. The actual cost is about $10k a year. Lots of people spend far more than that on other hobbies.
Over half of all pilots in the US (200k) hold a commercial pilot certificate and use flying as their sole source of income or as a way to supplement their income. Commercial pilots makes $50k a year until they can become airline pilots which have salaries starting at $100k.