Nanaimo Flying Club Aircraft Rental Rates (all rates subject to GST)
Annual Rental Fee – $250 non-refundable. NFC RCM’s (Rental Club Members) pay a $250 annual fee to help cover (their portion) of the cost of aircraft insurance, scheduled maintenance, aircraft/engine reserves, etc. This is due upon approval of a Club Rental Member application and completed check ride.
Initial Block Time Purchase – Mandatory Minimal Annual Rental Amount. 10 Hours @ $150 = $1,500 non-refundable. Expires at the end of the Rental Club’s fiscal year, March 31. Thus, the total annual fee is $1750 ($1500 + $250) which becomes due on April 1 each year. The previous practice of paying by installments has been cancelled.
Additional Hours – after the first 10 hours are flown, additional time is charged at $110 per hour, wet.
Hourly Rental Rate – $150 per hour. (wet rate including fuel and oil)
Block Time Discount – After the initial annual rental amount, if time is purchased in 4 hour (or more) blocks, a $5.00 per hour discount will be applied to the posted hourly rental rate.
Fuel Reimbursement – Fuel purchased at other locations with personal account or credit card will be reimbursed at the current NFC member fuel rate and applied to your account.
This NFC aircraft rate schedule is subject to periodic adjustments. Information above applies to Rental Club Members only. The non-member rate is $175 per hour, wet.