Professional Airplane Simulator Cost Justification
MAKING ‘Cents’ WITH THE PLATINUM SIMULATORS PROFESSIONAL AIRPLANE SIMULATOR
How do I determine what to charge students for training in the Platinum Simulators Professional Airplane Simulator (PAS)?
The national average for PAS simulator training is $75/hr dual instruction.
This includes both VFR and IFR training.
Students are internet savvy and shop flight schools to get the best deals. Any cost reduction over real aircraft training is attractive to students; they want to save money.
How much will the Platinum Simulators PAS cost me to operate?
Based on an average of 10 hours per week:
What can I expect for my return on investment using the Platinum Simulators PAS?
Based on $70/hr student charge and $1 direct operating expense = $69/hr net profit, and...
Assuming a monthly debt service of $ 2,000 plus insurance at $100 = $2,100
(60 month, 5.9% APR/OAC lease, $1 simulator buy-out):