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Old 15th May 2007 | 18:46
  #46 (permalink)  
gasax
 
Joined: Jan 2002
Posts: 1,235
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From: Niort
How many angels can dance on the head of a pin?

If there is some money in the fund the share is notionally worth more - but there are a million buts..

My group (well the 'old guard') insisted all maintenance was done by x. They were much more expensive and I could see no benefit. If we went there for the new engine it wouldn't have mattered how big the fund was - they would have asked for more!

Either the group has a market value share or it has a share value - share values are often nothing like the 'market value' - engine funds and aircraft value versus the numbers often mean that groups try to sell shares at significantly more than the market value divided by the number of shares.

And that is a reflection of their often inflated view of the aircraft value and the 'worth' of the group.

Research the market and drive a sensible bargain.

Would I join another group? Things would have to be pretty bad before I even thought about it!! And that is before you start on about people leaving it empty, dirty, in the wrong place, not leaving it at all.....
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