tspear
En-Route
- Joined
- Dec 10, 2010
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Timothy
As I was landing today, passing all the jets and a few planes tied down, I had a few random thoughts:
When you crunch the numbers, T-Hangars do not make much financial sense. You could re-paint, reseal, fix any issues within a couple of years of savings.
The only things I can foresee a hangar being useful for is dealing with a frozen plane, or baking in the sun. If this problem can be solved, why would we continue to pay for hangars?
At the same time I ask these questions, I can almost guarantee when I buy another plane, it is going in a hangar, and dam the cost. Any one else stuck in this same conundrum?
Tim
- As a percentage of value, a hangar for a jet is a lot less then the hangar for a most piston planes. Especially the older planes.
- Most jets are parked outside.
- In large metro markets, a T-Hangar for a piston plane runs 600-1000 a month. An outside tie down is 100-300.
- A good plane cover about to cover the whole plane is about 2K.
- Putting the plane in/out of the hangar is 20 minute task. Especially when you add time waiting for the fuel truck before you put the plane away.
- A new paint job on most piston singles is 10K
When you crunch the numbers, T-Hangars do not make much financial sense. You could re-paint, reseal, fix any issues within a couple of years of savings.
The only things I can foresee a hangar being useful for is dealing with a frozen plane, or baking in the sun. If this problem can be solved, why would we continue to pay for hangars?
At the same time I ask these questions, I can almost guarantee when I buy another plane, it is going in a hangar, and dam the cost. Any one else stuck in this same conundrum?
Tim