Hangar Talk — The Real Cost of Keeping Your Plane

The Dream vs. The Reality

Owning your own airplane is one of the most rewarding experiences in aviation — freedom, flexibility, and pride all rolled into one. But after the excitement of purchasing your first aircraft comes an important reality: keeping it ready to fly safely and efficiently costs money. Understanding these ongoing expenses is key to stress-free ownership and smart financial planning.

Hangar or Tie-Down? Choosing Where Your Aircraft Lives

One of the biggest decisions after buying an airplane is where to keep it. I have been lucky to have a hangar for my aircraft. Finding contacts at the local airport gave me an easy way to find space.

• Hangar Storage – Protects your aircraft from weather, sun damage, and corrosion. Expect to pay anywhere from $300 to $700 per month at smaller airports in Georgia, and more at busier locations.

• Outdoor Tie-Down – Less expensive (often $50–$150 per month), but your aircraft will face the elements. Regular washing and covers become essential.

• Shared Hangar Space – A cost-effective middle ground. You split rent and utilities with another aircraft owner, reducing costs while still keeping your airplane sheltered.

Each option balances cost, convenience, and protection differently. The right choice depends on your budget and how often you fly.

Maintenance and Upkeep

Routine maintenance keeps your aircraft airworthy and protects its value over time.

• Annual Inspection: Expect $1,500–$3,000 for a basic single-engine piston aircraft.

• Unexpected Repairs: Budget at least 10% of your annual flying cost for surprises.

• Consumables: Oil, spark plugs, tires, and filters can add $500–$1,000 per year.

Proper maintenance isn’t just regulatory—it’s smart ownership. Well-documented care directly boosts resale value when it’s time to sell or upgrade.

Insurance, Fuel, and Fees

• Insurance: Rates depend on experience and aircraft value. Most GA owners spend between $1,000 and $3,000 annually.

• Fuel: Average consumption for a small piston aircraft runs $40–$80 per flight hour depending on engine size and avgas prices.

• Miscellaneous Costs: Annual registration, navigation updates, and local fees can total $300–$600 per year.

How to Keep Costs Under Control

1. Fly Consistently – Regular use prevents mechanical issues and spreads cost per hour.

2. Join a Partnership – Shared ownership cuts storage, maintenance, and insurance costs dramatically.

3. Plan Maintenance Ahead – Use digital tools like ForeFlight’s maintenance log to stay proactive.

4. Leverage Local Expertise – At smaller airports like Spalding County (6A2), mechanics and brokers often offer better rates and faster turnaround.

Final Thoughts

Aircraft ownership is more affordable than many think—when you go in informed. By understanding where the real costs come from and how to manage them, you can focus on what really matters: flying.

👉 Considering ownership or looking for cost-effective aircraft options? Stikes Aviation can help you navigate every step of the process, from purchase to hangar choice.