Surely a share in an aeroplane with an engine fund is worth more than a share in an identical plane without?
In the same way, we paid £10,000 for a hangar for 5 years, which means £2500 each. So if any of us sold a share of the aeroplane, it'd be the market value of the aeroplane /4, plus the pro-rated remainder of the £2500 for hangarage. This is the TRUE price of the share, if not nescessarily the true value of the aeroplane.
As it happens, we don't have any funds at all. We pay £40 per hour wet which so far has managed to cover fuel and the annual. For all other bills we split 4 ways, with majority rule. I'm going to start my own engine fund
