Jetranger rate

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SENQU
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Jetranger rate

Unread post by SENQU » Fri Jun 21, 2019 10:45 am

I am researching the going dry rate for a Bell206 Jetranger. Any assistance appreciated. Thank you
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Re: Jetranger rate

Unread post by Dirty Harry » Fri Jun 21, 2019 12:35 pm

Quite broad, R4500 to R6500

R5000 ex vat dry is what I would work on
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Re: Jetranger rate

Unread post by SENQU » Sat Jun 22, 2019 8:18 pm

Great. Thank you for your input. Much appreciated
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Re: Jetranger rate

Unread post by bell pilot » Mon Jun 24, 2019 7:16 pm

Guys,
Depends on hours flown, how far operated from maintenance base, type of operation ie impact on insurance costs, and usd:zar rate at the time.
Small no of hours (<200 a year) anything under 6750 and the owner is making a loss.
High hours (>350 a year) 6400 is acceptable.
R4500 is an absolute joke for a jetranger and the owner will rapidly be selling the machine at an embarrassing loss.
Anyway the rate should be in usd as the maintenance and insurance is usd based, simple mathematics. 430-500 usd an hour.
All dry ex VAT.
Take this from a multiple owner for over 10 years.
Wait for your turbine 3500 hour overhaul, an engine chip light, or your MR blades to come up timex and you will fast be adjusting your rate or selling up.
You cant hide from the reality of maintenance!
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Re: Jetranger rate

Unread post by Falafel » Tue Jun 25, 2019 1:53 pm

bell pilot wrote:
Mon Jun 24, 2019 7:16 pm
Guys,
Depends on hours flown, how far operated from maintenance base, type of operation ie impact on insurance costs, and usd:zar rate at the time.
Small no of hours (<200 a year) anything under 6750 and the owner is making a loss.
High hours (>350 a year) 6400 is acceptable.
R4500 is an absolute joke for a jetranger and the owner will rapidly be selling the machine at an embarrassing loss.
Anyway the rate should be in usd as the maintenance and insurance is usd based, simple mathematics. 430-500 usd an hour.
All dry ex VAT.
Take this from a multiple owner for over 10 years.
Wait for your turbine 3500 hour overhaul, an engine chip light, or your MR blades to come up timex and you will fast be adjusting your rate or selling up.
You cant hide from the reality of maintenance!
BP
Based on the R22 costs recently posted have to agree with this.... seems too cheap
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Re: Jetranger rate

Unread post by cage » Tue Jun 25, 2019 2:44 pm

Like anything, ultimately it comes down to what someone is prepared to pay.
A machine standing in the hangar costs money regardless, so, for some, it is better for the cashflow to take a few (hopefully low risk) hours to defray costs than to leave it slowly running out the clock.

For others, cashflow is irrelevant, so why ruin a good aircraft by using it as a rental car.
There are hangars full of aircraft of all types that are barely used, generally they make a lousy investment unless you are an operator that is.
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Re: Jetranger rate

Unread post by Alan Robertson » Tue Jun 25, 2019 5:45 pm

If you have the hours, our insurers like you, and you promise to fly nicely, and are in Gauteng, we may rent you an Airbus H120 at R8,750 ph wet ex VAT.

Much nicer ride too.
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Re: Jetranger rate

Unread post by bell pilot » Tue Jun 25, 2019 7:25 pm

cage wrote:
Tue Jun 25, 2019 2:44 pm
Like anything, ultimately it comes down to what someone is prepared to pay.
A machine standing in the hangar costs money regardless, so, for some, it is better for the cashflow to take a few (hopefully low risk) hours to defray costs than to leave it slowly running out the clock.

For others, cashflow is irrelevant, so why ruin a good aircraft by using it as a rental car.
There are hangars full of aircraft of all types that are barely used, generally they make a lousy investment unless you are an operator that is.
They can make a decentish investment if you keep to the rates I quoted, otherwise you will wish you never acquired the machine. Unless you have so much cash you don’t care but then why rent it out in the first place?
BP
Last edited by bell pilot on Tue Jun 25, 2019 7:29 pm, edited 1 time in total.
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Re: Jetranger rate

Unread post by bell pilot » Tue Jun 25, 2019 7:28 pm

Alan Robertson wrote:
Tue Jun 25, 2019 5:45 pm
If you have the hours, our insurers like you, and you promise to fly nicely, and are in Gauteng, we may rent you an Airbus H120 at R8,750 ph wet ex VAT.

Much nicer ride too.
Sure but at +/- R1100 an hour fuel you then at 7650 dry ex vat.
I rest my case.
Nowhere near R4500 an hour....still laughing loudly about that 🤣
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Re: Jetranger rate

Unread post by RVator » Fri Jul 12, 2019 10:55 am

Wow,
R8750 ex VAT for a H120 equals R10065 including VAT for a H120.
Here in Cape town the only aircraft available for Hire and Fly is a EC120
and that is at APT running now at R14780 per hour wet incl VAT.
Thats a big difference - do you think its because there is no competition ?
Be cheaper to fly up to Gauteng to fly your machine :)
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Re: Jetranger rate

Unread post by Tim » Fri Jul 12, 2019 11:05 am

RVator wrote:
Fri Jul 12, 2019 10:55 am
Be cheaper to fly up to Gauteng to fly your machine :)
Definitely cheaper rates in Gauteng than in Cape Town.
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Re: Jetranger rate

Unread post by Eddybear » Fri Jul 12, 2019 1:21 pm

Tim wrote:
Fri Jul 12, 2019 11:05 am
Definitely cheaper rates in Gauteng than in Cape Town.
Agree 100%

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