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I have a Cessna 172 that is not flown very often. I have been approached by
an EAA chapter that wants to use my craft for their Young Eagles training program and have offered to pay an hourly rate for use of the aircraft in non-commercial operations. I have a non commercial insurance policy and could "name" the two pilots who would be piloting the aircraft. The rate of reimbursement would be calculated on the operating cost (including fixed cost, engine and avionics reserve, airframe maintenance, etc.) I can't get a definitive answer from the FAA if this would be allowable under the "shared expense" provisions of the FARs Part 91. I would appreciate comments from any who has expreience with this type of arrangement. Thanks |
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