Tom O
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And there we have aviation defined.Seems like a headache that will hemorrhage money.
Seems like a headache that will hemorrhage money.
Not news to me, spent almost 30 years burning other people's money, fixing and fueling various military aircraft. Started out on Grumman CS2f Trackers and Lockheed T-33 Silver Stars, went on from that gig, to Moose Jaw, on the Tutor aircraft, then Bell 412's, then F-18's.welcome to airplanes
Springbank, outside Calgary? I was trapped there for almost two weeks when they held the G-8 summit, in Kananaskis Country(2002?), long ago! LOL. We were bored enough to start snaring gophers from their holes, and dying them different colors with Kool-Aid crystals before releasing them... Red ones, purple ones, green ones... LOL!The real question is, why isnt insurance fixing it, or selling it, could he not get coverage or did he not have coverage?
Of course it would be smarter for him to repair it and either continue flying it, or sell it. But im guessing he either doesn't have the skills or like your leading to, he found much more damage than was first apparent. Given its a homebuilt it could be repaired with sweat equity and the cost of aluminum. But in any case i bet he gets 80 for it, heck there is a guy at spring bank who put a turbine on an an2, then put that same an2 on custom carbon fiber floats...to make it into a flying camper, just because he wanted to, lots of guys in this part of the country with that kind of cash.
I can sorta understand, given the costs twenty years ago, that were making my private pilot friends whinge and wince. A fella that can afford to play in that rarefied air, may well think that the premiums will amount to worse than the damage.That g8 summit is coming up again, it's quite the costly event, 100 police officers doing mock convoys during the middle of rush hour, cf posted in little makeshift fobs all over k country, f18's, helicopters (I assume for the taxi service like you said), turning all of Calgary and a 30nm ring around kanaskas town into a cyr for how ever long, shutting down major highways in k country
It's not a popular event here, I think we all feel your frustration with that one.
That guy with the antonov is there quite often, I'm not sure how often he is actually physically doing the work however, but the thing does fly on floats now. Well the one does at least, the other one is sitting at that outfit who did the turbine swap without the wings. I couldn't imagine not having some kind of coverage on there with the cost of the turbine alone
I can sorta understand, given the costs twenty years ago, that were making my private pilot friends whinge and wince. A fella that can afford to play in that rarefied air, may well think that the premiums will amount to worse than the damage.
The 'homebuilt' that was being put together while I was there was a variation of the two seat P51 Mustang theme, except with a PT6 clone. Dunno if we are thinking of the same plane or not. The Techs that were working on it said that the guy's wife didn't like flying, so they custom built a cooler to hold a couple bottles of wine for her amusement during transits. LOL!
One of the guys in our RC Airplane club in the Comox Valley, owned a Grob 'glass slipper' style glider. Early 1980's. That rig was hitting over $300k then... My new built house, and the five acres it was on, was less than half that, at the time!no not the same plane then, i thought you were talking about the Antonov an2 that is there, on floats, with a turbine, same guy owns a second one, without wings, that they used to prove the turbine conversion, its sitting at one of the shops, thats money, i recall him telling me the turbine with gearbox was like 800k, and this is not a plane that makes money
i dont know, i suppose if you have something with retracts, a constant speed prop and a high stall speed the premiums are crazy, but for the regular Cherokee or Cessna 152 thats in the 50k range insurance is not bad, i have a friend who is 23 or 24 who pays 2300 a year on her Cherokee ( i believe her grandfather bought it for her), full coverage, im sure her car costs her more being under 25. I pay under 1000 for full coverage on my homebuilt. I dont know how those rates go when you get up into the hundred of thousands in hull value, maybe it skyrockets, i cant afford a 200,000$ plane so i will probably never find out
Yeah, have read several reports over the years of guys spending large fortunes, and LOTS of time, seeking out war years and post war years training crash sites, to recover that plate. Almost exactly like firearms, the bit with the actual serial number on it "IS" under the Law, the actual thing, and the rest is subject to being repaired, replaced, or simply built new from scratch, and it still counts.An airplane was my biggest financial mistake ever. It's not what you think though because I didn't buy it. When I lived out west years ago I was asked if I was interested in buying some airplane wrecks. They had the remains of 4 spitfires. Real ones not replicas with data plates. For those that don't know an airplane is a stainless steel data plate. The rest is replaceable parts. Asking price for the planes was $45k.
At the time $45k might as well have been a million because I didn't have it. I was told a while back that a data plate for a spitfire can sell for a million dollars. The rest of the plane can be made or assembled from available parts. Even if the numbers were 1/4 of that I would now be retired instead of fixing the cargo door on a Q400 like I'll be doing today.
Supposedly even better, in airplane world, is to have the Data Plate AND the original Logbook...
I dunno that the Logbook, was actually used for much other than who the pilot was, and how many hours it flew. At that time. Not sure how they traced the Maintenance Records.that's probably the holy grail these days, given the last spitfire was built in 1947, putting the youngest original spitfire at 78! thats some old paper
i often do wonder how well those old log books were kept (journey and technical), like did the mechanics have the time to log every single repair? or did they just slap them back together as quickly as possible and send them back out ? during the battle of Brittan i cant imagine logbook paperwork was top priority