I'm curious, if 'zero' of them went to the competitors and couldn't train with you due to medical, what did they choose? We can only assume they chose not to fly. How could a Champ or some other LSA not be inexpensive as a 172? Shouldn't you have at least one so as not to turn any customers away?
I guess if your business is booming why bother.
Well for starters a rental airplane is a very expensive thing to have just sitting around.
A rental airplane, completely paid for, costs $700 a month to just sit (hangar, insurance, annual inspection)...that number doesn't include maintenance labor other than inspection or parts. That's money I have to make up or I'd be better off not renting it at all. Given the thin margins it takes quite a bit of flying to make that up when you factor in the money you spend for each hour it flies (wear and tear mx, engine reserve, fuel, oil, 100 hr inspections).
Because of how expensive it is for these airplanes to not fly I want airplanes that EVERYONE can fly. That pretty much rules out taildraggers, sure I love them, sure I could teach them how, but the reality is few would go through that training. Perhaps someday our business will be built up enough to where it would make sense but as it stands today a nosewheel plane is going to fly more. I have more customers capable of flying such a thing.
I have *no* idea what it would cost to ensure a tailwheel for instruction and public rental but I would expect it would cost more than a 172 would. An increase or decrease in hull value hardly swings your rental insurance cost. The expensive part is just the liability side.
So that means we need a nosewheel LSA that two full sized adults can fit in, has a proper electrical system, works well for instruction (not tandem), and has a good radio and transponder (we operate out of class C).
Pretty much any LSA I've seen that can do the above mission will cost me more than a 172 while being less capable. That's not a wise use of the money available for this business.
You have to spend a lot of money in this business and you can certainly make that money back and more...but only if you're smart..and no matter how much I love the classic taildraggers they just don't seem like a smart use of funds (hard to recover the money) and the newer LSA(s) with real capability are expensive for limited utility.
I am very engaged with our customers and I listen to what they tell me they want. None of them are asking for a tailwheel or a LSA. They're asking for a cross country airplane with fold up wheels and some speed. Problem with that is, there isn't enough asking for that yet to possibly not lose our ass trying to deliver something like that. That will change in time.
An interesting fact, there are 508 pilots within 25 miles of our airport, we're throwing a party with free food and beer for a little marketing. I'll be curious to see how many show up. Postcards have been sent to all.