i agree what is to stop say half the syndicate bombing out just before a major unforeseen maintenance issue??
Because I imagine they would be equity owners and not wish to lose their equity.
I am in a great three way share fixed wing that has worked perfectly for 5 years on a very simple agreement, in reality we should be more formal but it does come down to who you partner with.
I have been looking for some years for a Helicopter share in Kent but very few and far between.