Airbourne Aviation
Hi,
I have been looking at Share flying at a few sites including, Chiltern Park, Old Sarham,Booker and I have visited Airbourne.Costs & whats on offer vairy somewhat.
Airbourne seem very busy,helpfull and have great Aircraft.
Before you buy any share, I would ask the follwing questions ?
1. Do you get an equal full equity share in an aircraft ?
I would want to see a share certificate & aircraft register ?
2. Is 20 owners too many ? some sites restrict shares to 10 only, thus giving greater access & usage.
2.who controls the bookings & do they have online booking on an equal basis ? some schools 'Hog' the aircraft especialy at the weekends.
3. Do the shareholders control & manage the aircraft ? if everyone is an equal owner the group should decide who manages the aircraft.
4. If they offer use on another aircraft if yours is busy, how do they get around the ANO ruling on share ownership, it is illegal to fly an aircraft if you do not own a minimum of 5% of that aircraft if you pay to use it.
5. Do they de-value the shares ? some schools de-value the shares over a period of time. don't forget that you own a part of the aircraft no matter how its valued.
6.What is included in the wet rate ? Is the aircraft fully insured ? some sites do not have full risk insurance & some include this in the wet rate.
7. Is the aircraft hangared or left outside ? Some Aircraft detieorate quite badly if left outside.
8. can you take the aircraft for the whole day or longer ?
Again I have found that some sites only allow shareholders to book the aircraft for just a few hours a day & some allow longer periods.
Hope this is of use.
Regards,
Dynamic flyer