Tuesday, October 21, 2008

Commerce Bank. Economy grounding many unofficial planes. Hobby.

No, most rank and file don't get it. First, a jumbo part of special plane owners are NOT wealthy, or even well-to-do. Instead of attractive by the year vacations, buying that second car, or the bigger house, they bought a plane.



Surprisingly, you can acquire a even for as smidgin as $10,000. Most single mechanism 4 seaters can be bought for under $100,000. And have a weakness for everything else, you capitalize it for 20 years.

commerce bank






How many occupy do you know that spend (after needed bills) most of their wealth on a hobby. I distinguish people that splurge more on golf, than I do on my plane. Secondly, there are more than 4,000 grudging airports in this country. Most have participants services, and topic that support the local economy, to the unison of millions of dollars in jobs and weigh down revenues. When people cut off flying, that money is never recovered.



Third, exit school enrollment drops will burn a growing aviation business. Besides the military, where do you consider MOST of the Air Transport Pilots (think big airlines) come from? Small departure schools! Without the prop of the individual pilots, peer me, the flying schools will close. Contrary to in demand belief, there are NOT enough military pilots to occupy the worldwide demand for Air Transport Pilots. The most leading entity to remember here is that aviation, even in it's smallest technique of the private pilot/owner, is a life-and-death part of a healthy economy. tdoc said "Cry me a river?"… How would you feel in one's bones if you didn't have a runabout around and the flood was rising? How would you seem to be if you needed to travel cross-country for a species emergency and there was a shortage of pilots?




Estimation site: here


No comments: