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How common are aircraft partnerships compared to outright ownerships?



 
 
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  #14  
Old August 10th 05, 04:22 PM
xyzzy
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Montblack wrote:

("xyzzy" wrote)

http://www.wingsofcarolina.org

(rates haven't been updated, they went up in June, Warrior is now $80,
Mooney is now $120, not sure what the 152's are now).




(From your link)
"To join the Club, a $100 application fee and a $300 refundable security
deposit are required, along with the first month dues of $45. (Security
deposits vary with aircraft type, see rates table for exact amount.)
Aircraft charges, priced only to recover the Club's costs, are based on
the time the engine is running and include fuel and oil. Instructors are
paid separately."

Looks like you only pay 100 dollars to join - then pay $45 per month.
Cessna 152 is $58 wet. Insurance is included.

Flying deposits of $300, $600, $1,200 look to cover (approx) 5, 7.5, or
10 hours depending on plane type.


The deposits are actually equity shares in the club. You can't apply
them to flying time. They are refundable upon resignation.

I see nice pads in the pics of the planes. Hangars? Are they in the works?


In 2001 the club moved from IGX to TTA. The pics on the pads were taken
at IGX, before the move. At TTA we have "our own" ramp (it's actually a
public ramp but 99% of the time only we use it) with a clubhouse that
includes a maintanence hangar, flight planning room, classroom, offices,
etc. If you look at the aerial picture of TTA at the bottom of the home
page, the ramp and building closest to the photographer (at the arrival
end of rwy 3) are ours.

 




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