Professional Helicopter Simulator Cost Justification
IT'S A MONEY MAKER
MAKING ‘Cents’ WITH THE PLATINUM SIMULATORS PROFESSIONAL HELICOPTER SIMULATOR
Frequently Asked Questions:
How do I determine what to charge students for training in the Platinum Simulators Professional Helicopter Simulator (PHS)?
The national average for PHS simulator training is $105/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 PHS cost me to operate?
Based on an average of 26 hours per week:
Electricity consumption averages 25 cents per hour.
Housekeeping and general maintenance averages 25 cents per hour.
Projector bulb amortization averages 25 cents per hour.
Equipment maintenance averages 25 cents per hour.
Total Cost of Operation = $1.00 per hour.
What can I expect for my return on investment using the Platinum Simulators PHS?
Based on $100/hr student charge and $1 direct operating expense = $99/hr net profit, and...
Assuming a monthly debt service of $ 2,280 (60 month, 5.9% APR/OAC lease, $1 simulator buy-out):