Aviation costs in CANADA?

Question

Hello everyone.

How much does it cost on a year basis to have a single engine Cessna (172, 177, 182) in CANADA?

Which are the costs involved for the same above question?

Thanks

Answer 1

Simple question as i had a 172 for 20 years and just traded it in on a Mooney.

Basic parking about $350 year, hangers are about $400-500 a month.

Annual inspection about $2500

Oil and filters about $500 a year

Insurance: depends on the number of hours you have but $2000 a year for full coverage is pretty close.

Annual fees from Transport Canada $75 bucks

Gas etc depends on how much you fly

Engine overhaul etc anywhere from $10,000 to $30 grand

I put 30 bucks in a special bank account for every hour i fly. That way when the annual bills come in the money is there to cover it.

Hope this helps

Russ

Answer 2

All in for that class of aircraft you should budget about $75 per flight hour, if you plan on flying up to 100 hours per year.