This may seem a simple one. But thought I would get the advise of all you in the know.
To cut a long story short. I have been offered a Cessna 150 (1969) with 5000 af/t and 500 e/t. As way of payment of a debt.
Rather than just sell it on I thought it may be useful to operate it on a share scheme. After all prices are low at the moment and c150's don't seem to be moving as was.
Can anyone offer up and figures on running costs, so I can make a decision. i would be planning to base it in the central south. Ie. Popham, Sarum, or Shoreham. As anywhere alse have rather larger landing fees.
Also thinking about offering it as 10% shares. To many or to little for a C150. I have seen people offering 5% shares.
