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Opinion on club share



 
 
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Old December 29th 03, 05:18 AM
BTIZ
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great plane... but 13shares?? does that mean 13 owners.. or do some owners
have more than one share..

13 owners is a lot to get to agree on anything, and also.. how easy is it to
schedule..

the owners having multiple shares can end up forcing other to "share in
upgrades".. unless it is one owner one vote... and not one vote per share
owned.

factor this out... assume current 172 rentals at a high $90/month.
at $150/month flat plus $38 per flight hour, That's $188 for one hour per
month. And you could have had 2 "rental hours" at the FBO.. granted the
margins get better the more you fly, but with 13 owners.. how easy is that
going to be..

And.. what are the rules for extended (week long) trips..

BT

"Paul Folbrecht" wrote in message
link.net...
I am considering this:

1/13th share in '97 172R. GPS. 2200TT, couple hundred hours on a new
engine.

Buy-in: $3800
Dues: $150/month flat plus $38/hr wet for time.

It seems like a pretty good deal to me. The aircraft is immaculate and
makes the 20+ year-old 152s I've been driving seem like.. well, 20+
year-old 152s.

Oh yeah, I don't yet have my licence but will be taking my PPL checkride
within the next few weeks. Club has no min time requirement.



 




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