Don’t believe what they tell you.
Twenty years ago, if someone told me I’d own a helicopter before my 40th birthday, I would have told them they were nuts. Yet on October 3, 2000, I took delivery of my first helicopter, a 1999 Robinson R22 Beta II. Four years later, on January 8, 2005, I’d traded it in for a brand-spanking-new, designed to my specifications, 2005 Robinson R44 Raven II.
I was making a lot of money as a writer back then. A handful of bestselling computer how-to books — yes, they do exist — and a few good real estate investments left me with an excess of cash. I live rather modestly in a home I can afford and although I own more than my fair share of motor vehicles, none of them are new, flashy, or expensive. In other words, I don’t live beyond my means. Although my income fluctuates wildly — especially these days — I could foresee the ability to own and operate an R44 into the future, especially with added income from a small Part 135 on-demand charter operation.
Fueling my opinion on this matter was a document published by Robinson Helicopter Company on its Web site. Titled “R44 Raven II Estimated Operating Costs,” it painted a rosy picture of an “affordable” helicopter (if there is such a thing). The conclusion at the end of the “Operating Cost-Per-Road Mile” section stated that the calculated 98¢ per road mile “…compares favorably with some expensive automobiles, and will usually be lower when the value of time saved is considered.”
The Underestimated Costs
I knew from the start that the document was overly optimistic for my situation. Some of the numbers just didn’t seem right.