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Old 31st Jul 2010, 19:48
  #11 (permalink)  
Paragon2
 
Join Date: Jun 2010
Location: UK
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response to Whirlygig

I kind of like your way of thinking.

Perhaps your example is an alternative for wanabee pilots thinking of an alternative to an FTO.

1. Find lets say 6 trainee pilots who want to "invest £75k" in their training
should give around £450K
2. Buy a brand new Twin for around £200K
3. Employ a suitably qualified Instructor to train all of you.
4. Pay for fuel and insurance with whats left over

Once qualified you still own 1/6th of a 2 year old twin!!
Maybe start Instructing with it to stay current!

Last edited by Paragon2; 31st Jul 2010 at 20:01.
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