Well, the club has 9 airplanes, four of which are Warriors. Not all 200
members fly regularly. Many members own their own planes in addition to
membership.

The club has very liberal overnight policies. Each member can take two
2-week trips a year, and each member can go overnight one weekend a
month, IIRC. I don't know for sure because the policy is liberal enough
to have never constrained me. Minimum daily rental on overnights is 1
hour.

TripFarmer wrote:

Is 200 members and 4 airplanes really a club? Can you ever keep
it overnight or more than 2 hours? I went the partnership way 3 years ago and recently
bought my partners out of our 235. I got to fly more airplane in
the partnership than I could afford on my own. But I decided I
wanted it all so I have it all. But 200 members?! WOW!


Trip


In article , says...

Roger wrote:


First, partnerships and clubs are probably the predominant way of
owning an aircraft or at least part of one.
You might look into local flying clubs as well as partnerships. They
are *usually* more flexible, less expensive, and may have more
available aircraft.


I fly in a large club (200+ members) and a couple of times in the last
year I have seriously looked into buying, both solo and partnership, but
quite frankly the club is such a good deal I can't justify buying.

In the club I pay dues of $45/mo, and $80/hr wet to fly 160 hp Piper
Warrior II's with Apollo GPS and coupled autopilot. The club has a
fleet of four of them. That is the sum total of my airplane expenses and
includes a very good insurance policy (all club members are named
insureds), access to a hangar with offices that the club owns, and
social events. Since joining the club I've been flying on average 6
hours a month, which is 72 hours a year. I know exactly how much it has
cost me and I also know exactly how much it will cost me in the future
to fly.

I ran the spreadsheet on buying a low-end plane by myself, and also on
buying into a 3-way partnership on a little bit nicer plane. I never
could make it work out without significant fudging, even leaving out the
unknowns like how long before I need an overhaul, repairs, etc.

My perception of the advantages and disadvantages of club vs. ownership:

Advantages:

1. Cheaper
2. Absolutely predictable and controllable expenses (don't want to
spend as much this month? Don't fly as much).
3. No financial risk (unexpected maint, value-killing ADs, sudden
medical problem that makes an owned plane a white elephant, etc)
4. Maintenance not all my responsibility (members chip in to do
maintenance but it doesn't all fall on one or two people). Financially,
each squawk doesn't mean more $$$ out of my pocket.
5. With a fleet of four basically identical planes, not completely
grounded by squawks, annuals, overhauls, etc.
6. I fly planes with better avionics and more capability than I could
afford to buy myself
7. It's easy to figure exactly what it costs me to fly (yes this can
also be a disadvantage .

Disadvantages:

1. Availability -- don't count on being able to fly on a nice weekend
day unless you reserved well ahead. This is the flip side of advantage #5.
2. Don't totally control my own fate. For example: Accidents or
negligence by other members could affect the club's insurance situation
(partnerships have this problem too, but with a club there's more
people, therefore more variables). Another example: if the club board
decides to sell or replace an airplane or change aircraft types, or
specify different avionics from what I like, I have very little say in
the matter.
3. Even though it's cheaper in the long run, it's emotionally hard to
write a large check when returning from a long trip. More flying means
you pay more, whereas when you own more flying means it gets cheaper (on
a per-hour basis, anyway)
4. Must follow club SOP's, for example minimum runway lengths, required
preapproval for grass strips, etc. For me this is not a problem because
it ameliorates the first concern in disadvantage #2, plus my own
personal mins exceed the SOPs but others might find it too restrictive.
5. Some clubs may restrict flexibility for long trips (though mine is
pretty liberal on it and it hasn't been a problem for anyone as far as I
know).
6. Easy to figure exactly what it costs to fly
7. No pride of ownership.

I've concluded that I'd like to own a plane someday, but it will have to
be when I have a lot more money than I do now. C'mon, stock market!