Thank you to the 56 folks who took my simple survey. Small print up front: According to the
FAA, for the year 2106, there were approximately 584,000 active pilots in the US. With a sample size of 56 and a 95% confidence level, the margin of error is 13%. The
results, with analysis below.
1. Most people pay a CFI for a new rating, certificate, or FR/IPC (no surprise there)
2. Less than half have paid for Spin/Aerobatic or other advanced training.
3. 75% plan to pay a CFI in the next 24 months as part of a FR/IPC. 16% don't plan to pay a CFI for these services ever again (coincides with percentage of CFIs to all airmen. So, instructors probably barter services with other instructors as a rule of business. There were some creative bartering ideas.
4. 73% plan to pursue additional ratings and pay for it.
5. Most prefer an hourly rate for a FR/IPC
6. Nearly half feel that $50/hr is a fair rate.
7. 70% believe personality/fit is the most important criteria when choosing an instructor (no surprise there, either).
8. 70% believe that CFI-I or Gold Seal, etc does not demand a premium.
9. There is no agreement as to whether a syllabus is important.
10. On a scale of 1-5, with 5 being very important, tailoring a syllabus is rated at 4.02. Kinda suprised by that one based on the nearly even split (53/47) for question 9 (is a syllabus important). Realize the margin of error means it could be as lopsided as 66 for/34 against. I would guess this means given a larger sample size, we gain more clarity of Q9.
What does this mean for me? Well, @ $50/hr I would have to bill more hours than I would want to for total income replacement. But, as a side gig/retirement gig I could recoup
ALL my flight training costs in 5-6 years.
I'll leave the survey/results open for a while longer, but no more from me on this subject.