That is a lot cheaper then I thought it would be. Hard to see how they could make a profit.
Yeah...you’d think fuel alone and pilot time would eat all that up. 5 pilots x $100/h x 1 hours = $500. Fuel 6 gal/h x 1 hour x $5/gal x 5 planes = $150. Aircraft depreciation, maintenance, hangaring — hundreds of dollars. Pretty thin margin.