rookie1255
Pre-takeoff checklist
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- Jul 13, 2013
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rookie1255
I have zero hours multi-engine time and I was curious as to the most efficient way to get a multi-engine rating, MEI, and 100 hours of multi-time.
ATP flight school would cost about $35,000 for multi-engine rating, MEI, and time building. Lodging cost is included in that.
http://aviator.edu/ would cost about $29,000, lodging not included.
As an alternative, buying a twin commanche off ebay or barnstormers might be the way to go. Say acquisition cost is about 40k and training takes a year. 3k for insurance, 3k annual, 1k tie down, 7k fuel cost, and 1k independent CFI. Sell plane at 3k loss to get it sold. Total cost is 18k.
I didn't count costs of checkrides and the like because those are the same for the different options.
A few concerns I have:
These time building programs would probably play the "under the hood/safety pilot PIC" game, so the experience might not be as good as owning my own twin.
If it was as simple as my made up numbers then obviously buying a twin would be the way to go, but I have my doubts. I tried to do the same thing to save money with my primary training. I bought a 150, got an auto fuel STC and by lugging 5 gallon gas cans around I flew for $25 an hour. However, when all was said and done I didn't really save a whole lot compared to if I had just rented and did my training that way. Do you think that this would also be likely to happen with twin time building?
A $10,000 gap is certainly nothing to scoff at. In theory, I could do the whole safety pilot thing myself and split the cost then the time building only costs 9k. In reality, I don't see anyone willing to pay that much up front and I would likely be flying alone or letting someone sit right seat for free. If I let people sit right seat for free then I'm sure there'd be no shortage of takers.
Before someone says that I should beg to sit right seat in someone else's twin, or work as a MEI, I would like to clarify the situation. No one doing MEI training at my home field since there has been no demand and the flight school got rid of their twin. That, combined with 6 month winters here mean that it would take forever to build time even as an instructor.
Also, for those who think it's somehow unethical or a financially bad decision to pay for time building, I would say that if paying to get it done shaves years off of struggling to build time for free, and/or it gets one into a decent paying job years sooner, it's worth it.
I'm sure people have lots of stories of the struggles and time they had to spend to crack the multi-time nut. I'm looking for most efficient/cheapest/what would you do differently if you could do it over for that multi-engine time.
ATP flight school would cost about $35,000 for multi-engine rating, MEI, and time building. Lodging cost is included in that.
http://aviator.edu/ would cost about $29,000, lodging not included.
As an alternative, buying a twin commanche off ebay or barnstormers might be the way to go. Say acquisition cost is about 40k and training takes a year. 3k for insurance, 3k annual, 1k tie down, 7k fuel cost, and 1k independent CFI. Sell plane at 3k loss to get it sold. Total cost is 18k.
I didn't count costs of checkrides and the like because those are the same for the different options.
A few concerns I have:
These time building programs would probably play the "under the hood/safety pilot PIC" game, so the experience might not be as good as owning my own twin.
If it was as simple as my made up numbers then obviously buying a twin would be the way to go, but I have my doubts. I tried to do the same thing to save money with my primary training. I bought a 150, got an auto fuel STC and by lugging 5 gallon gas cans around I flew for $25 an hour. However, when all was said and done I didn't really save a whole lot compared to if I had just rented and did my training that way. Do you think that this would also be likely to happen with twin time building?
A $10,000 gap is certainly nothing to scoff at. In theory, I could do the whole safety pilot thing myself and split the cost then the time building only costs 9k. In reality, I don't see anyone willing to pay that much up front and I would likely be flying alone or letting someone sit right seat for free. If I let people sit right seat for free then I'm sure there'd be no shortage of takers.
Before someone says that I should beg to sit right seat in someone else's twin, or work as a MEI, I would like to clarify the situation. No one doing MEI training at my home field since there has been no demand and the flight school got rid of their twin. That, combined with 6 month winters here mean that it would take forever to build time even as an instructor.
Also, for those who think it's somehow unethical or a financially bad decision to pay for time building, I would say that if paying to get it done shaves years off of struggling to build time for free, and/or it gets one into a decent paying job years sooner, it's worth it.
I'm sure people have lots of stories of the struggles and time they had to spend to crack the multi-time nut. I'm looking for most efficient/cheapest/what would you do differently if you could do it over for that multi-engine time.
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