1) You divide the FIXED costs & capital by the number of people
involved. So the %
drops most greatly as you add 1 partner. This will typically be
about 1/2 of the hourly
costs.

2) If accounting is correct, hourly cost is almost independent of
number or
partners, except that many owners will wear everything out more
quickly.

3) The hassles go up as the cube of the number. 1 partner is almost
like
owning it yourself. Lots of partners, and it's like a club and
nobody takes
the extra effort to give it TLC.

4) If the airflesh is in pretty good condition, you would be much
better off
spending your time to examine the PARTNERSHIP. If busted, that's
much harder to fix than the aircraft.

5) Best if the partners do something different... don't have all the
same
days off, etc. If so, and there is only 1, you will probably not
even have
to schedule except for extended trips.

6) Having one gung-ho partner can be good if he doesn't completely
dominate the opinions of the others. Best if that partner likes
work.

Bill Hale