PPRuNe Forums - View Single Post - Shares in aircraft? good idea?
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Old 4th Dec 2005, 21:31
  #17 (permalink)  
IO540
 
Join Date: Jun 2003
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As to the above quote, how would you avoid the bill if you bought the whole plane.
If you bought the whole plane you would first spend best part of £1000 on an inspection, equivalent to an Annual but obviously with no remedial work done.

This should include a borescope of the engine; essential as many planes spend months standing around rusting away externally and internally. Other things e.g. oil tests could be done.

Whereas the buyer of a share won't be able to do any of that. Not without appearing like he thinks the rest are a load of crooks.

You've got to know and trust the others.
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