The mole
7th Oct 2002, 21:44
Any body out there prepared to pay for a type rating? Then read on:
What about a group of unemployed pilots (say 10 or so) stumping up 10k or so each to start an AOC air taxi operation with a navajo? One-off start up costs say 30k, deposit on aircraft mortgage say 50k, then, here's the REALLY good bit, you all train to fly the aircraft as an AOC pilot. You work out a roster to accommodate full-time jobs etc and manning an office so everyone who has a share gets to fly. Then here's the REALLY REALLY good bit, when you land that airline job, you can SELL your share to another wannabee, and they buy your right to act as one of the pilots. That's the airline job that you got because you bought a navajo, started an airline and flew loads of twin hours. I suggest expenses only paid, not salaries, but any profits get paid (bi-)annually as a dividend. If it all goes t!ts-up then start with the aircraft in a separate leasing company so it is ring-fenced, and all you lose is the 3k each start-up cost, which equates to about 8 hours flying time if you hired the navajo to hours build.
THIS IDEA IS SO GOOD I SHOULD SELL IT
In fact it's so good if I can find 9 other people with the balls to do it, I will.
Fanatical message over. If this is such a good idea why has no-one else done it?
And I have checked with a) A local company with an A to B AOC who will put the aircraft on theirs and maintain it, and b) A local 'flying god' who is prepared to act as chief pilot and check pilot.
What about a group of unemployed pilots (say 10 or so) stumping up 10k or so each to start an AOC air taxi operation with a navajo? One-off start up costs say 30k, deposit on aircraft mortgage say 50k, then, here's the REALLY good bit, you all train to fly the aircraft as an AOC pilot. You work out a roster to accommodate full-time jobs etc and manning an office so everyone who has a share gets to fly. Then here's the REALLY REALLY good bit, when you land that airline job, you can SELL your share to another wannabee, and they buy your right to act as one of the pilots. That's the airline job that you got because you bought a navajo, started an airline and flew loads of twin hours. I suggest expenses only paid, not salaries, but any profits get paid (bi-)annually as a dividend. If it all goes t!ts-up then start with the aircraft in a separate leasing company so it is ring-fenced, and all you lose is the 3k each start-up cost, which equates to about 8 hours flying time if you hired the navajo to hours build.
THIS IDEA IS SO GOOD I SHOULD SELL IT
In fact it's so good if I can find 9 other people with the balls to do it, I will.
Fanatical message over. If this is such a good idea why has no-one else done it?
And I have checked with a) A local company with an A to B AOC who will put the aircraft on theirs and maintain it, and b) A local 'flying god' who is prepared to act as chief pilot and check pilot.