Should You Buy an Airplane for Training and Time Building?

FLYING does the math for you to provide some answers to the question.

Sam Weigel

Friday, September 02, 2022 at 06:05 AM ET

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Different airports can be named for, in, or near the same city, and this can be confusing for pilots. [Credit: iStock]

Key Takeaways:

Aircraft ownership for pilot training and time-building can be more cost-effective per hour than renting if utilized extensively, but it demands significant unfinanced upfront capital and carries inherent financial risks.
Shared ownership is highlighted as the most practical and efficient model, as it significantly reduces individual costs, maximizes aircraft utilization, and facilitates collaborative training and time-building.
Beyond monetary considerations, owning an aircraft offers substantial non-financial value through unparalleled scheduling flexibility, deeper aircraft knowledge, and more enjoyable, diverse flight experiences that enhance skill development and reduce burnout.

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Recently, I’ve seen several threads on Reddit’s “r/flying” forum regarding the feasibility of purchasing an aircraft for training and time-building purposes from the perspective of an aspiring professional pilot. It’s an interesting and somewhat complex question that deserves a closer look.

I was not an aircraft owner until I had more than 10,000 hours, but I know of a number of professional pilots who purchased and flew aircraft for training and/or time building. I think that ownership can make sense in certain circumstances, but definitely not all, and the choice requires a sober consideration of your needs, wants, and resources.