PPRuNe Forums - View Single Post - Under Utilised Aircraft??
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Old 25th Oct 2015, 19:14
  #6 (permalink)  
Genghis the Engineer
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Join Date: Feb 2000
Location: UK
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Notwithstanding that I agree completely with BPF - why not look around for an inexpensive share?

The cheapest syndicates on 2 seaters tend to be around £1000-£1500, £50ish/month, £60ish/hour.

Buy your share, fly your 26 hours between now and Christmas - that cost you around £3k for your 26 hours - not a bad rate of £115/hr.

After that, You can sell your share cheaply - at which point your hours cost around £80/hr, or you can hang onto the share, keep your hours up, have something to practice between CPL lessons cheaply, remind yourself why flying is fun, and learn a lot about flying from being a joint owner sharing the chores of looking after an aeroplane.

Pretty much every flying club you visit will have a syndicate or two like that. I can think of three at White Waltham, at least two of which are currently advertising shares for sale.

G
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