PPRuNe Forums - View Single Post - shared ownership for hours building?
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Old 6th Sep 2007, 13:53
  #16 (permalink)  
BlueRobin
 
Join Date: Aug 2002
Location: Deepest Warwickshire
Age: 47
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As a quick way of building hours, don't do it.

If you want to build experience, then maybe as syndication can lead to owning an interesting type not normally operated by a club.

BUT ownership does bring problems:

You have to get on with the co-owners so there are personalities to manage along with the aeroplane.
Not all the co-owners will be good pilots, nor will they know efficiently operating an aircraft - a pilot does not make a good operator. They may be lax about air law and maintenance.
Speaking of which expect your aeroplane to be offline for far longer than it might be for a school. You may also spend years waiting for a share in your area.
Savings are not that significant

However with the right aircraft and bunch of people, shared
ownership can be good. If you start your own group, then it is easier to get this dynamic right. Limiting the numbers in the group will also define availability, an advantage of hiring.

But for straight hours building, either i) negotiate a block rate ii) hunt around for clubs with monthly subs and a lower flying rate or iii) a well-run non-cap group.

I would personally prefer you fly anything you can get your hands on and build EXPERIENCE. A 150hr PPL having flown many types differs somewhat in capability to a hours builder with 100hrs on a 152.
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