rpadula
En-Route
I do not share your opinion on cost. I have the plane anyway, even if I don't fly it a single hour, it's going to cost me insurance + hangar + maintenance. If I didn't take the trip, I am still paying the mx+h+i. It cost me nothing extra except fuel and oil to fly it. When you take a trip by car, do you figure your cost at $0.39/mile, and your license plate fees, and your car insurance, and everything else? No. You figure it on your credit card receipt at the pump. Same with my plane, I already have it. The trip cost me <$450.
That's an interesting take Ed. So, essentially what you are saying is the plane is a "sunk cost", and the marginal costs of operation is all you acknowledge.
I like it. My costs now drastically went down!
Just think of how much Ed can save if he buys a refinery then!