Thinking about an aircraft partnership

On 9/2/2005 14:14, Robert M. Gary wrote:

I've seen the ad for that same airplane at Exec! I also own an F model
Mooney and have a pretty good idea of the costs. Those numbers sounded
really low to me and I have a note in my PDA to call those guys and ask
some questions. The only way I can see that working is if they somehow
are able to do most of the maintenance themselves. There is a guy at
exec that has been very good at leting owners help out but just like
all other A&Ps, that only lasts until the first accident happens and
the FSDO calls him to the carpet for not supervising enough.

They did say that they do most of the maintenance themselves, and have
an IA to inspect and sign off...


I keep my Mooney in Cameron Park and my partner and I have been looking
into selling a 1/3 share. We charge ourselves $45/hr dry which includes
an engine prop reserve and about $160/month (which would reduce). We
have outside tie down. Insurace is about $1600/yr and not included in
the previous numbers (we pay out of pocket) but would go up about
$1000/yr with a pilot w/o Mooney time.

-Robert, CFI
916 984 3448



--
Mark Hansen, PP-ASEL, Instrument Student
Sacramento, CA