Question: Sharing Ownership and Flying Costs
We charge ourselves $35/hr (three-way partnership in an Arrow). It
breaks down into $20/hr for engine overhaul reserve and $15/hr. for
maintenance. At the moment, the $35/hr seems to be doing just fine for
us. Two of us fly the wings off the plane, one of us flies very little.
As a result, the two that fly a ton pay more of the maintenance
dollars. IMHO, that's the fair thing to do.
Our fixed costs run us each $250/month which covers hangar, insurance,
and a chunk of change for the annual inspection.
--
Jack Allison
PP-ASEL-Instrument Airplane
"To become a Jedi knight, you must master a single force. To become
a private pilot you must strive to master four of them"
- Rod Machado
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