Charlie
I was'nt thinking about dollars! Basic math tells me that!
Do self fly hire schemes exist in UK? During my time in Australia and in NZ I have not seen any type of hiring at cost oportunities.
The only option would be to buy new.
Insurance will always be a problem but without researching premiums in different countries I cannot comment as I do not have sufficient information. Premium for R22 in NZ for training is 20% of the machines value. Excess?? R44 6.5 - 8% value.
Administration will be a problem also. But nothing that cannot be overcome.
Somebody might have a prang. This would have to be a basic understanding whilst joining such a group. Insurance will pay all will not be lost. Maybe the person who has the accident pays for the excess by losing their 10% claim, the point I'm making is contracts can vary.
I think me needs to research some more.
Hughey