TYPHOON3 wrote:Out of interest does anybody know roughly how many people purchased mach packages this year?Should these people decide that the show is no longer aviation related enough to part with their hard earned cash then RIAT's revenue will be substantially down.Can they rely on joe public alone to keep the money coming in?
Since the 2008 mud bath, a lot of Mach 3 members now stay in hotels.
Just doing the sums from the ticket prices on the website...
Mach 3 = 900... at say a 95% to 5% adult to child basis (not allowed to take children out of school for holidays in term time now technically since the beginning of this academic year) = £184,650
Mach 2 = 450... at say the same ratio (it is still term time remember) = £78,975
Mach 1 = 150... at say a 50% adult to child basis = £15,975
So in tickets, on a rough calculation, the FRIAT membership is worth roughly £279,600 to DBH before the operating cost of the FRIAT membership.
If you say that on average a Mach 3 member spends £550 on attending the show (hotel being more than that but a camper being less) and then a Mach 2 member spends say £300 each and Mach 1 say £150 each.
Doing the sums, the additional money put into the community and the local economy by the FRIAT membership could be in the region of £652,500
Those are not small figures we are talking about.
Combine the two and FRIAT could be "worth" £932,100 every year... and as hotel and food costs go up every year it won't be too long before that figure could top £1,000,000.