PW-6U by Jezow being delivered
Marc Ramsey wrote:
Bay Area Soaring Associates here in the SF Bay area has managed to get
on DG-1000 in their fleet, and has a second one on order. Any members
care to comment on how you all managed to handle the finances?
We financed the first DG-1000 by selling off a Grob 103, using some of
our "new glider fund" savings, and largely by borrowing money from members.
We managed to pay the loans off faster than expected (having the ship
helped us get some members, I'm sure), so we have the second one on
order. Sadly, the Euro vs. Dollar makes the second one quite a bit more
expensive than the first, which we bought from Charlie Hayes.
Someday we need to replace our other Grob 103. Ideally, we'd get an
ASK-21, but they're REALLY hard to find used and nearly the same cost as
a DG-505 when bought new.
It'll be interesting to see where we end up...
Jeremy (a BASA member)
|