The company would purchase the aircraft via a Lombard aircraft mortgage, somewhere in the region of £30k. Part of the monthly member payments will cover the montly repayment of the aircraft mortgage. The main objective of the group would be to help pre-ATPL pilots build hours towards the minimums for CPL. As for the type of CofA, I havn't decided what would be best as I am just looking at the basic principles of the group - the particulars can come later.
The aircraft I was looking at for the group is a Robin HR200, although i'm open to suggestions.