Lecture 11 Aircraft Ownership and Maintenance
[SOUND EFFECTS] PHILIP GREENSPUN: All right. Let's talk about aircraft ownership and maintenance. Some of this stuff actually, oddly enough, is on the test. What does it cost to own an airplane? Most people say, I can't afford that. But then you see them buy a brand new car or renovate their kitchen for $200,000. So I don't know what their excuse is. It's actually not expensive to own a four-seat airplane. There's so many out there. There were more pilots in the '70s and '80s, when these airplanes were built in large quantities. The owner of East Coast Aero Club, Mark, he says that, in the '80s, there was a waiting list even for a tie down at Hanscom. Now there's ample parking. The hangar space is still a little bit tight, but if you just want to get a Cessna and pay, it's actually a lot cheaper to tie a Cessna down at Hanscom than it is to park a car in Cambridge. And there's plenty of room. He said every firefighter, every tea...