
May 28th 04, 02:07 PM
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On 28 May 2004 12:32:55 GMT, (HankPilot2002)
wrote:
Has anyone had any experienxe / success with a flying club based around a light
twin ? I am interested in getting my MEI add - on and then building some
serious multi time but the FBO costs are prohibitive.
I have been considering 10 - 12 members, $20K apiece buy in, time and
proficiency requirements, insurance hassles, maintenence, and the like. Any
info you could provide would be appreciated.
No experience, but a comment. Multi insurance is difficult to come
by, and will be one of your major expenses. Given the number of
low-time members that you would have, it could easily exceed
$10k/year. Also, many insurers will not insure ME pilots without
having 25hrs in type. So you'll need access to an MEI who has those
requirements and wants to fly a bunch of dual so the members can
eventually fly solo.
Also, 10-12 members @ $20k each his going to buy one hell of a nice
twin for training, that's $200-240k. You can buy an older Seneca I,
II or Seminole for under $100k.
The Seneca II that I occasionally fly has averaged ~$7-8k maintenance
the last few years.
-Nathan
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