What would you buy with a 50k budget?

On Wed, 21 May 2008 01:11:08 -0700 (PDT), Lou
wrote:

Colleagues, friends and family all think my flying partner and I are
bonkers to even be discussing the purchase of an airplane. It's an
insane, irrational, idiotic, and plain dumb idea to them. What ARE we
thinking???!!!

Get new friends.

Lou

A textbook example of lateral thinking.

Kirk

Get new friends.

Lou

A textbook example of lateral thinking.

Yes, but that doesn't make it any less true...

:-)

BTW: I'm in the process of starting a new flying club in Iowa City. It's not
hard to do, although it helps to know a bunch of pilots.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

On Wed, 21 May 2008 14:03:51 GMT, "Jay Honeck"
wrote:

Get new friends.

Lou

A textbook example of lateral thinking.

Yes, but that doesn't make it any less true...

:-)

BTW: I'm in the process of starting a new flying club in Iowa City. It's not
hard to do, although it helps to know a bunch of pilots.


This area needs a flying club and it would be fun to start one here.
But if an idea or a product does not exist it's either because no one
has thought of it or made the effort, or someone has tried and
discovered that it isn't viable due to market forces.

Kirk

Kirk Ellis wrote:
On Wed, 21 May 2008 14:03:51 GMT, "Jay Honeck"
wrote:

Get new friends.

Lou
A textbook example of lateral thinking.
Yes, but that doesn't make it any less true...

:-)

BTW: I'm in the process of starting a new flying club in Iowa City. It's not
hard to do, although it helps to know a bunch of pilots.


This area needs a flying club and it would be fun to start one here.
But if an idea or a product does not exist it's either because no one
has thought of it or made the effort, or someone has tried and
discovered that it isn't viable due to market forces.

Kirk

There is a third reason.

Change in the market. In this case there may be a lot of pilots that
would love to fly a little but either they have airplanes that are great
for one type of flying but not for another.

El Dorado Arkansas is a perfect example of this. There are hangers full
of 182s and larger Cessnas, Pipers and Bo & Barons. They are mostly
owned by older oil guys that can well afford to fly them all they want
and do fly them to Colorado and Florida for vacation and on the
occasional trip to visit the grand or great grand kids.

What they do the rest of the time is come out to the airport, sit in the
old Lazy-Boys that their wives long ago made them take out of the house
and bitch about how it just isn't fun to fly anymore. Which they don't
really believe because they come down to the hanger where I'm building
my 601XL and all they can talk about is how much fun it will be to fly.
Add to that almost all of them live in fear of their next medical
because at any given time about half won't pass.

What they need to do is to get together and sell all but one or two of
the big planes and take that one or two and sell or lease it to a newly
formed club and take some of the money they make from the other sales
and buy an Ercoupe, Cub or one of the new LSAs.

This would have the side benefit of having a club that new and student
pilots could join and learn to fly which is El Dorado doesn't have now
as we also don't have FBO that rents or teaches.