Flight Training - March 2013 - 9

Redbird it can approach $100,000, and the
investment needs to be profitable for the
owners who use them in leasebacks to the
school or to the school itself.
Most flight school managers/owners
have no expertise in financial matters and
have no idea how to price revenue streams
to realistically achieve positive cash flow
over a viable return horizon. Aircraft and
simulator leasebacks provide passive
losses for tax purposes in most cases, and
to properly recover the investment basis
would result in rental rates much higher
than currently charged in many markets.
Rental rates must be raised to cover the
increase in asset technology costs. A realistic payback period would be three to five
years. Accordingly, with a return on capital
of only 8 percent, it would require at least
$2,000 per month in revenue.
The suggestion to allow students
unlimited access at no cost is a bad idea for
the flight school or the sim owner. If the
technology provides benefit, it should also
provide revenue in proportion to its use.
Douglas Horn
Westerville, Ohio
EMERGENCY OR NO?
I just finished reading Scott Olsen’s article
on medical emergencies (“Doctor NRST,”
January 2013 Flight Training). I would
caution pilots on using their emergency
pilot-in-command authority for sick
passengers. Over a year and a half ago I
was giving an introductory flight. The
passenger in the back became airsick; her
vomiting made the man up front with me
ill as well. I was operating at a nontowered
airport and, since there was no traffic, I
elected to turn around and make a right
base for landing. I did not interfere with
any other aircraft.
Someone in the FBO heard me state
“Right base” on the radio and turned me in
to the local flight standards district office.
The FSDO charged me with violating FAR
91.126. The FAA legal supported their
position and informed me of certification
action. The case will now go before an
NTSB judge. Fortunately I have the AOPA
legal services plan.
Name withheld

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MARCH 2013 FLIGHT TRAINING

/9

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Flight Training - March 2013

Table of Contents for the Digital Edition of Flight Training - March 2013

Flight Training - March 2013
Contents
President’s Perspective
Right Seat
Letters
Not What It Appears
After the Checkride
How It Works
ASI News Action
Training Products
Since You Asked
Member Products Final Exam
Checkride
Flight Lesson
Flying Carpet
The "S" Word
Women With Wings
Problem Solver
Technique
Weather
Aviation's Glass Ceiling
Career Advisor
Tech Talk
Juggling the Airplane
The Known to the Unknown
You're Not Done Yet
Advertiser Index
Debrief
Flight Training - March 2013 - Flight Training - March 2013
Flight Training - March 2013 - Cover2
Flight Training - March 2013 - 1
Flight Training - March 2013 - Contents
Flight Training - March 2013 - 3
Flight Training - March 2013 - President’s Perspective
Flight Training - March 2013 - 5
Flight Training - March 2013 - Right Seat
Flight Training - March 2013 - 7
Flight Training - March 2013 - Letters
Flight Training - March 2013 - 9
Flight Training - March 2013 - Not What It Appears
Flight Training - March 2013 - 11
Flight Training - March 2013 - After the Checkride
Flight Training - March 2013 - How It Works
Flight Training - March 2013 - ASI News Action
Flight Training - March 2013 - Training Products
Flight Training - March 2013 - Since You Asked
Flight Training - March 2013 - 17
Flight Training - March 2013 - Member Products Final Exam
Flight Training - March 2013 - Checkride
Flight Training - March 2013 - 20
Flight Training - March 2013 - Flight Lesson
Flight Training - March 2013 - Flying Carpet
Flight Training - March 2013 - 23
Flight Training - March 2013 - The "S" Word
Flight Training - March 2013 - 25
Flight Training - March 2013 - 26
Flight Training - March 2013 - 27
Flight Training - March 2013 - Women With Wings
Flight Training - March 2013 - 29
Flight Training - March 2013 - 30
Flight Training - March 2013 - 31
Flight Training - March 2013 - 32
Flight Training - March 2013 - 33
Flight Training - March 2013 - Problem Solver
Flight Training - March 2013 - 35
Flight Training - March 2013 - 36
Flight Training - March 2013 - 37
Flight Training - March 2013 - Technique
Flight Training - March 2013 - 39
Flight Training - March 2013 - Weather
Flight Training - March 2013 - 41
Flight Training - March 2013 - 42
Flight Training - March 2013 - Aviation's Glass Ceiling
Flight Training - March 2013 - Career Advisor
Flight Training - March 2013 - 45
Flight Training - March 2013 - Tech Talk
Flight Training - March 2013 - Juggling the Airplane
Flight Training - March 2013 - The Known to the Unknown
Flight Training - March 2013 - You're Not Done Yet
Flight Training - March 2013 - 50
Flight Training - March 2013 - Advertiser Index
Flight Training - March 2013 - 52
Flight Training - March 2013 - 53
Flight Training - March 2013 - 54
Flight Training - March 2013 - 55
Flight Training - March 2013 - 56
Flight Training - March 2013 - 57
Flight Training - March 2013 - 58
Flight Training - March 2013 - 59
Flight Training - March 2013 - 60
Flight Training - March 2013 - 61
Flight Training - March 2013 - 62
Flight Training - March 2013 - 63
Flight Training - March 2013 - Debrief
Flight Training - March 2013 - Cover3
Flight Training - March 2013 - Cover4
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