I bought a 1/6 share in an Inverness based Jodel DR1050 in January 1990 for £1600. The last share sell was £2200. We've almost £9,000 in Group funds. (NO shares for sale).
It's an EASA Annex2 2+2 seater, 4 hours endurance, 115kts cruise, on an LAA Permit.
£60 per hour wet, + landing charge. £50 per month for hangarage, insurance, etc.
We've just got our Permit renewal signed off. It's a cheap one - but only because 4 of us are retired. The hours of work would have put it to over £4000 if we'd had to pay. Five days, about 5 hours per day, with 2-3 working.
In 2013 I flew 71.7 tach hours, for £4302.60, +£720 in monthly charges, and £10 per Inverness landing. Car parking is included in hangarage.
Contact your local LAA Strut/branch. (Google LAA)
Last edited by Maoraigh1; 2nd Jul 2014 at 08:48.
Reason: spelling