Mr Horgy
Very interesting but lets see if I have this correct the monthly subscription is £110 and the flying rate £60 (lets forget the landing fees for the moment) that adds up to an hourly rate of £170 per hour if you fly one hour a month or £82 if you fly 5 hours a month.
If you could join the group fly 40 hours in one month and then get out it works out at a remarkably good £62.75 per hour but I would guess that is not the case!
My lease rate for a C152 is charged take off to touchdown and so would be about £ 35+VAT per hobbs hour. this of course is a dry rate so the hours builder can burn fuel at £1.27/Ltr if he stays in the UK or £0.74p/Ltr if they leave the UK.
A few trips to the Channel islands or France and the fact that you don't have the holel and airline tickets to pay for when you lease one of my aircraft makes it a very good deal when you look at all the costs involved in hour building and not just the headline rate.