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As a pilot you have probably long realised that your financial profile and needs differ considerably
from that of people doing ‘normal’ jobs. It is therefore quite likely that you struggle to find value in
‘general’ financial advice since most of the things that are recommended are simply not applicable to you.
This was written with you Cheap Mark Melancon Jersey , the professional airline pilot. We trust that you will find the information
beneficial and that it will be a catalyst to help you make the decisions necessary to secure your long
term financial future. Make sure that your financial planning is in order before it’s too late.


We’ll begin by discussing some of the typical financial issues faced by pilots. This will be followed by
some practical suggestions on how you can make your money work for you now, and when your
flying career is over.


It is very difficult (and somewhat dangerous) to generalise when it comes to personal finances. We
are, however, quite certain that you will see at least something of your own financial profile in the
following description:


According to CASA becoming a pilot is COSTLY!


The time it takes to obtain a licence can depend on a number of factors such as whether you are undertaking full time training or on an ad-hoc basis, aircraft availability, weather and of course your financial situation. An average student will qualify for a private pilot licence after approximately 55-60 hours. If completing training on a part time basis, say 1 hour a week, this will take just over 12 months. Full time training will take about 2 months. For a commercial licence Cheap Jeff Samardzija Jersey , the 150 hour course will take approximately 12 months full time. If you elect to undertake training on an ad-hoc basis, the minimum number of hours you must have will increase to 200hrs and this will take you between 2-3 years to acquire.
The cost of flying training will be a significant factor in your decision making. The cost will vary depending on the type of aircraft you fly (the more sophisticated the aircraft, the greater the cost), how often you fly (spreading your training over a long period will invariably mean more hours to achieve your goal) and how quickly you pick up on what’s being taught. A rough guide on the cost of obtaining a licence follows:


. Private Pilot (Aeroplane) Licence – $8000
. Private Pilot (Helicopter) Licence – $17000
. Commercial Pilot (Aeroplane) Licence – $23000
. Commercial Pilot (Helicopter) Licence – $32000
. Instrument Rating – $10000 (aero), $14000 (heli) plus cost of PPL or CPL
. Air Transport Pilot (Aeroplane) Licence – $2600 + cost of CPL + cost of meeting 1500 hour experience requirement