When you buy an aircraft share you are not buying the cash reserves.
And why not? As you pointed out yourself this is money put aside by the seller
I was only involved in a group once I bought a share for £8k. The engine fund stood at about £10k. I flew a few hundred hours in it and paid the wet rate. £20ph went into the engine fund to offset my (my italics - Foxmoth) libaility for the hours I had "worn" on the engine.
so why
give the money
you have set aside for
your liability to the next guy?
And going back too my 2 groups you have still not said which one you would go for if you had to - or is that too difficult.
