(Ben Jackson) wrote in message news:Gfs_c.104107$9d6.47795@attbi_s54...

In article ,
Teranews \(Daily\) wrote:

You pay for 1/8th of their marked up price of $520,000 (the base price
of a new SR22-G2 is $335,000). That entitles you to pay the $710/mo fee
and 75hrs/year @ $75/hr. If you fly all 75 hours that works out to be
$188/hr...

I've said here before, the point of Airshares Elite is not economy but
luxury. It's all about giving wicked rich guys a turn-key experience
of owning a high-performance airplane with pretty fixed costs.

My neighborhood in Boston is exploding with 500K+ luxury loft condos
(many over a million) which are being bought up as fast as they can be
built by 7 series-driving 30-50yo DINCs. Who are these people and
where do they come from? I don't know but I'm surrounded by them.
Definitely a market for what AirShares offers.

There's no silver bullet: so long as airplanes cost a lot of money to
buy and maintain, they're going to cost a lot to own. The newer and
faster, the more expensive. IANAME (I am Not A Manufacturing Engineer)
but I did stay in a Holiday Inn Express once, and it seems to me we'd
need to make an order-of-magnitude jump in production volume for
economies of scale to really start kicking in.

The best hope for "economy" flying is Sport Pilot, not because it
might save 10-20 hours to get the license, but because it will reduce
certification and maintenance costs tremendously. But for those of us
(like me) who want to fly real cross-country traveling machines and
aren't loaded, we're going to be living with circa-70s planes for
another decade or so. Assuming the polo-and-yacht set keep Cirrus
cranking planes out, we will someday have a large number of
glass-panel TKS-equipped 170kt "old" planes on the market just as we
now do with Mooneys, Bonanzas, etc.

Best,
-cwk.