PPRuNe Forums - View Single Post - Aircraft Shares...
View Single Post
Old 19th Feb 2002, 17:45
  #2 (permalink)  
Dusty_B
 
Join Date: Oct 2001
Location: Ready to Depart
Age: 45
Posts: 291
Likes: 0
Received 0 Likes on 0 Posts
Talking

> Any reasons why I shouldn't buy a . .> share in an aircraft with a C of A?

Biggest Against = Risk: If it breaks, you foot the bill.. .Biggest For = ... well, how many of your mates own an aeroplane???

If the a/c is always booked when you want to fly, then you've joined a bad group. If it is always in for maintainence, it's either a bad aircraft, or over utilised (or on a Public Transport C of A!).

The 'ideal' number of people in the group will depend on the type of aircraft. . .For a small single-seater that is mainly used for bombing around the local area, and that gets boring (or sore) after an hours flight, the group could be quite large - 10 to 15 people maybe. This works because people will come-and-go throughout a flying day, and will be doing just for the fun of it. If the plane isn't there, chances are it will be back on the ground soon.. .For a 3-4 seat tourer, the group size should be limited to around 5 people. This is because it is more likely to be away from the airfield for a whole day!

As for Club vs Group aircraft..... .I only have to fly for 83 minutes a month to save money! *corrected for poor mdr*

That makes it a very cheep way of hour building (far far cheeper even than a package on the other side of the pond).

The best bit is that as long as take-offs equal landings, you'll almost certainly get all of your investment back - which could than pay for the next stage of your training!

[ 20 February 2002: Message edited by: Dusty-B ]</p>
Dusty_B is offline