On 27-Jun-2005, "Robert M. Gary" wrote:

The reasons to buy a numerous, but saving money isn't likely to work out.
Once people see
that, you often see partners backing out.


A plane that is flown a total of about 150 hrs/year will probably have total
per hour operating costs about equal to hourly rental for a comparable plane
in the same geographical area. Very few individual pilots fly that much,
but a partnership can often reach this number.

What makes co-ownership more expensive is that, with a plane at your
convenient disposal (without the hassles of rental), you are likely to fly a
lot more hours per year. Few renter pilots log 50 hrs/year, but most 3-way
co-owners do.
--
-Elliott Drucker