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Parker_Woodruff

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Parker_Woodruff last won the day on April 27 2015

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About Parker_Woodruff

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  1. If you are a W-2 employee, you're covered. If you're an independent contractor, there is often separate liability exposure.
  2. I recently flew a Mooney on which the TKS had a few segments not giving any flow, likely due to non-use. In flight on a nice clear day, running on high for about 10 minutes, the problem cleared itself.
  3. You can get professional liability coverage as part of a non-owned CFI insurance policy. I’m going through this right now where I’m having to cut my coverage limit for it to make business sense to keep instructing (increased rates and less schedule availability are colliding). As far as physical damage to the plane, In some cases I’ll have to ask for Waiver of subrogation which I’ve almost never done What it means is I’m being selective who I fly with. If not maintained at Maxwell or SWTA, I don’t give instruction. And I fly in @smccray’s Bonanza but he has a good maintenance program.
  4. Well, to be fair, the fuel seller makes dollars in their bank account, not percentages. 20% of nothing is nothing and 20% of $10,000 is a lot of money. If I sold 100,000 gallons in 2016 and 100,000 gallons in 2012, I'd want to make the same $63,000-$64,000 margin. I imagine demand for 100LL is its own unique bear... I don't think I'd want to give up 32.8% of my margin (in dollars) just because wholesale prices decreased by that much. Overhead (land lease, insurance, staff, etc.) doesn't change just because fuel prices change. I say all this while also notin
  5. It's hit me this year in a little different fashion. Like @mike_elliottI have a fairly customized CFI Non-owned policy on which the renewal was just quoted much higher in price even with significantly reduced hull coverage limits. Based on what I flew this past year, I'm looking at about $40/revenue hour for insurance costs. Do I trim coverage further to very low limits or stop instructing all together? Trimming the limit means I'll have to ask for a Waiver of Subrogation for some higher value aircraft. I prefer to just "get in and go" without hassling the owner & waiting for
  6. I understand the sentiment, but I'm insuring more aircraft owners in their 20s and early 30s than ever before. It's certainly more expensive even after inflation adjustments, but people who want to own airplanes are making it a priority.
  7. GA is very strong right now and I'm a lot more optimistic than I was 10 years ago. Based on how expensive pre-owned airplanes are becoming, one can only hope we are on the edge of some economies of scale that might help new aircraft pricing. I have been a rated pilot since 2006 never seen 30-60 year old planes selling for so much money.
  8. This is relevant - I bet you could get more Missile conversions signups than Rocket conversions.
  9. Anthony will be along shortly to fix your artificial horizon
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