Press We have constructed a hypothetical operating cost estimate using a 1975 Cessna 172M Skyhawk. Pilot Frank lee Hooked has just bought the Skyhawk for $39,000. The airplane has a mid-time Lycoming O-320-E2D engine; Cessna IFR avionics including dual nav/coms, transponder, automatic direction finder, and audio panel; and original paint and interior.
How much can Frank expect to spend for each hour he flies his newfound joy? Frank anticipates logging 300 hours over the next 12 months. However, since he has averaged only 100 hours over each of the past three years he decides to make two estimates – one based on 300 hours usage, and other for 100 hours.
