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RisePilot

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RisePilot last won the day on July 21

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  1. This is not true. While the US is the most difficult place (among any G7 countries) to find helicopters to hire, it is still possible for PPLs to rent helicopters for pleasure flying with friends/family. Unfortunately, websites or Facebook groups such as this one for career or (wannabe career) pilots are of no use for private flying information.
  2. This would mean part of the purchase cost would be paid on 1) day one of acquisition, 2) part at end of year one after acquisition and 3) part at end of year two. The two deferred payments to possibly vary against an agreed metric such as EBITDA remaining at level of day one. This makes sure the seller isn't handing you a "dud"
  3. Even if a smallish deal, I'd have financial, technical and legal DD done by a third party. I'd structure with a deferred comp payout to vendor of at least 2yrs on agreed parameters - possibly three tranches. Lastly, this is not a growth business, so don't pay any more than 3-5 times EBITDA maximum.
  4. You don’t say where you live (North America or Europe) but here are some numbers re cost as examples (UK in this instance). PPL(H) training to get license: GBP 15k-20k (generally USD 15k-20k in US) Post attaining PPL(H) rental or self-fly-hire as we call it is as follows: R22 £210 +VAT = £252/hr R44 £375 +VAT = £450/hr R66 £535 +VAT = £642/hr Even if you are an owner of an R44, you’re still looking at around £250ish/hr. You will find little variance in price between locations in Europe, but the machines are generally well maintained (far better than I’ve found in the US) and better speced – for R44s, I haven’t seen a Raven I in 10yrs; everybody gets Raven II’s or Clipper II’s here. However, when I rent in the US, I usually end up with a Raven I. That said, when I do find one in the US, it is nearly always priced well - my last example was in North Carolina at Total Flight Solutions and if I remember was sub $500/hr wet hire (so cheaper than UK) On availability, it is literally night and day difference between the US and Europe for hiring helicopters. Here in London, I could go rent an R44 at maybe seven different locations around London within an hour drive. However, finding maybe 2 places to rent in a whole US state is excruciatingly difficult. These web forums and Facebook groups are generally zero help for a PPL to find a machine to rent in the US as most posters are either young struggling CPLs or career military/utility/HEMS/etc pilots and not the types who fly for fun. Ironically, the US is the best place on the planet to hire fixed-wing, but oddly damn near the worst for hiring helicopters. Get your PPL and get flying; then think if its something you want to do as a career. I don’t go for this “I’ve dreamt of it since a child” sh*t. If everyone followed that life plan, the world would be filled with firemen and ballerinas.
  5. - your budget should be more like USD 15-20k - sit the theory exam on first day in US and get it behind you - four weeks would be tight; more like five weeks total - just choose a school; what you’ve described about mythical private CFI’s who own their own helicopter and charge 50% reduced rates is dreamland - your “buy a helicopter and sell it a month later” idea is comical I live in the UK and did my initial FAA PPL(H) in US and then EASA PPL(H) three months later in UK. The reason was that it was 2006 and the USD/GBP exchange rate was over 2:1 – so less than half price. As for helicopters to rent in the US, they have a very limited private flying scene for helicopters (though the US is fantastic for fixed wing). Even once licenced and with many hours, you will struggle to find R44s for self-fly-hire (unlike other countries).
  6. That is correct. Damn checkout "Student Poster" schooling "VR Veteran Poster". Number of posts do not necessarily correlate with correctness of information provided.
  7. HandGrenadePilot is correct. No matter whether priced in USD, EUR or GBP in North America or Europe. PPL(H) should not cost more than 15-20k all-in.
  8. Never fails that Helonorth brings the “intelligence” to the conversation. Dumbass, it’s noting that you need a few examples to make a generalist assumption or calculate an average. One single location raising a price doesn’t represent an industry or geographical change. Not really enough data points in most of the US for self-fly-hire.
  9. There are no price changes seen in Europe where “rental” or self-fly-hire (as it is called here) is much more common than the US. That said anything larger than an R22 is so sparsely available for hire in the US that there is not a meaningful mathematical cohort to even calculate an average price. When I’ve hired in the US, I’m lucky to find a R44 for hire in a given area - let alone shop by price. Additionally, European-based helicopters will have some commonality in the their insurance coverage policies, whereas I’ve encountered US operators with deductibles as high as USD 80K and many hirers requiring the renter to take out renters insurance from their prescribed/preferred provider for circa £500-$1000. That said, over the years, I have found some very good pricing on R44s for SFH without additional cost – but this is always a time-consuming research project and a lot of time on internet/phone to source.
  10. This was around the time of the BP oil spill in the Gulf and I suppose this guy had something against Brits and just "lost it". Like you, I've also had several other occasions where they look at the license front & back and you can see in their eyes they're thinking "this is not worth the trouble". I'm always calm/polite as I know they can't take my licence, they can't make my insurance go up, so give me a ticket if you wish and I'll be on my way. My wife always said they're going to put you in jail one day - she was right.
  11. To me, cost several hundred dollars and took an hour or so out my day. To him, resulted in a full internal affairs investigation from the states capital and a personal censure. I can only assume he was less of a dick the next time he was handed a European driver’s licence on a traffic stop.
  12. HeloNorth, I don't work in aviation; I work in international and cross-border finance and all my career have had full background checks and due diligence performed on me. I also lived in the US for near 20 years when I was younger and had my drivers licence revoked several times for speeding (not taking pride in that; just noting I'm familiar with the situation). I too have been arrested and taken into custody (I was driving very fast). Noting the above, no one has ever even mentioned my speeding tickets/arrest.
  13. No one will ever really care about speeding tickets or parking tickets. In the US, highway patrolman and state troopers are little more than glorified "meter maids" and the fines merely serve as an income stream.
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