Advice sought on group fuel usage

[2greens1red]

We're a group of four, flying a Eurofox, with a Rotax 912, mainly using Mogas and occasionally UL91. Approx. consumption 15 litres/hr, fuel tanks hold 80 litres usable.

Mogas is via jerry cans, and from (rare) airfields with a pump.

What's the simplest way of dealing with fuel finances?

One suggestion is to set a wet rate, and group sec. bills once a month individual flying time charges, and with fuel purchases by group members credited against flying hour cost.

Would that work smoothly? Not sure how to deal with different cost of Mogas and UL91, but it isn't that important.

We'd appreciate advice.

[Harry Hopkins]

Richard,

Our group calculates (and regularly adjusts as fuel prices change) a wet rate to include all consumables: e.g. fuel; oil; filters; tyres; brake pads; etc. To this we add an element for eventual engine replacement so that we build up a fund which it is hoped and planned will provide capital for an overhaul when the TBO is reached.

Hope this helps.

Harry

[Flying John]

Richard, I think Harry's advice is good. We have a group and we all pay a fixed monthly sum and a cost per Tacho hour flown. Against this any fuel that is bought has the receipt endorsed with the pilots name and at the end of the month the hours are calculated and the fuel purchasecosts subtracted.

The worry about using expensive fuel v cheaper fuel (UL91 v Mogas) is that we want to benefit both the pilot and the group when he uses cheaper fuel. So we take an average of the cost of the (mogas+equivelent cost of Avgas) /2.

E.g if the cost of Avgas at the time is £1.70 and the cost of Mogas is £1.10 then the pilot gets a credit of £1.40 per litre against the cost of his hours flown. This has the effect of cheapening the pilots hourly costs by £10/hr (at 33litres/hr) and it swells the group funds too.


John

[2greens1red]

That's really useful - many thanks for the info.