Many prospective aircraft owners underestimate the total cost of ownership. Here's a realistic breakdown for common aircraft types:
Cessna 172 (Annual Estimate)
| Cost Item | Annual Cost (AUD) |
|---|---|
| Hangar rental | $6,000 - $12,000 |
| Insurance | $3,500 - $6,000 |
| Annual inspection | $2,000 - $4,000 |
| Fuel (100 hours) | $8,000 - $12,000 |
| Engine reserve | $3,000 - $5,000 |
| Misc maintenance | $2,000 - $4,000 |
Total: approximately $24,500 - $43,000 per year
Shared ownership and flying clubs can significantly reduce these costs. Contact our dealers for more information about ownership options.