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#1
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Hello,
I'm looking into different shared ownership arrangements, including clubs, fractionals and partnerships. I once spoke to a flying club member who said that the availability of their club aircraft improved with 30 members and three aircraft compared with 15 members and only two aircraft. Is there any kind of mathematical formula that could take into account the number of aircraft, the number of pilots, and predict what the average aircraft availability would be? I imagine that fractional companies must rely on something like this to help them decide how many shares of an aircraft they can sell, and still keep their availability promises. Richard |
#3
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In a previous article, (Rich) said:
I once spoke to a flying club member who said that the availability of their club aircraft improved with 30 members and three aircraft compared with 15 members and only two aircraft. Is there any kind of mathematical formula that could take into account the number of aircraft, the number of pilots, and predict what the average aircraft availability would be? I imagine that fractional Probably not, since flying hours per member varies with the economy. Back when our club was nearing 15 members per plane, it was getting damn hard to schedule a plane when you wanted. But the reason we had so many members was the same reason the members we had were flying more hours than usual - the economy was booming, and people had more money. Now we're down to 11 members per plane, and the members we have aren't flying as much, and it's much easier to get planes. Back then we put on 300-400 hours per year on each plane, this year some of our planes are going to be lucky to break 150 hours, and one of them got a new engine in June and we still haven't done 50 hours of break-in. -- Paul Tomblin http://xcski.com/blogs/pt/ "The means of defense against foreign danger historically have become the instruments of tyranny at home." - James Madison |
#4
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Wow! Thanks Elliot, this is exactly the sort of information I was
looking for. I know I cannot expect to calculate an exact number, but averages and probabilities will be just fine for the type of analysis I want to do. Many thanks! Richard |
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