Financials and objectives

“An airplane is a hole in the sky,

surrounded by aluminum (aluminium?),

into which one pours money."

 

Pilot pay rate = 60% of gross revenue per flight, the group covers all of the expenses and keeps (or loses) the difference.

 

Monthly performance reward/bonus (medals displayed on “TEAM” page)

  • Most group revenue (net):

    • 1st Place: v$20k

    • 2nd Place: v$10k

    • 3rd Place: v5k

  • Most monthly total (each):                                                1)Flights 2) Distance 3) Flight Time 4) Discord Activity

    • 1st Place: v$10k

    • 2nd Place: v$5k

    • 3rd Place: v$2500

(Click HERE to access the monthly performance award history)

SAMPLE OF A SINGLE FLIGHT AND THE ADJUSTED COSTS, WITH EXPLANATIONS:

 

 

HBRC's current operating costs are v$11.3M/yr

FBOs = v$7.53M, Aircraft = v$2.5M, Monthly Awards = v$1.3M

> Current FBO cost (supplies) is v$7.5M/yr.

  • 11 1-lot FBOs, 10kg/day each @ v$6.75/kg = v$67.5/day each = ~v$25k/yr each = ~v$272k/yr

  • 66 2-lot FBOs, 40kg/day each @ v$6.75/kg = v$270/day each = ~v$100k/yr each = ~v$6.59M/yr

  • 3 3-lot FBOs, 90kg/day each @ v$6.75/kg = v$607.50/day each = ~v$222k/yr each = ~v$665.7k/yr

Pancho Barnes’ Happy Bottom Riding Club is an FSEconomy Group

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