Plane "sharing" experience?

On Sun, 16 Dec 2007 15:14:47 -0500, "Capt. Geoffrey Thorpe" The Sea
Hawk at wow way d0t com wrote:

It works if you have the right people. My dad always had partners...

That really is _the_ rub! I knew my partner for years before we
bought the airplane. Both of us were partners in other businesses, so
we had training wheels.

The other folks involved are more important than the actual airplane.


Talk to an attorney about setting up a corperation to actually own it and
defining how to dissolve it when you are done, or someone decides to bail,
or someone doesn't hold up their end.

Right. A good partnership is when you sit down and figure out written
outcomes ahead of time for all the bad stuff. Somebody wants out,
somebody can't pay, the others want one person out, the plane needs a
$20,000 uninsured repair...

If you can't agree NOW on how you address such situations, now is the
time to not form the partnership.

In article ,
" wrote:

Four people in a Cherokee 140? Are you serious?

a older 140 can have the useful load to carry four people,
especially when you start with the fuel at the tabs. I've even
seen older 140s that have more useful load than a warrior.
Steve Foley had (has?) one with 872lb useful load.

Of course, the two in the back seats won't be super comfortable
since the backseat legroom is a bit cramped. ;-)

--
Bob Noel
(goodness, please trim replies!!!)

" wrote:
Four people in a Cherokee 140? Are you serious?

a older 140 can have the useful load to carry four people,
especially when you start with the fuel at the tabs. I've even
seen older 140s that have more useful load than a warrior.
Steve Foley had (has?) one with 872lb useful load.

--
Bob Noel
(goodness, please trim replies!!!)

And how many JATO bottles are used during this takeoff?

" wrote in news:5a0b505f-2782-433f-
:


" wrote:
Four people in a Cherokee 140? Are you serious?

a older 140 can have the useful load to carry four people,
especially when you start with the fuel at the tabs. I've even
seen older 140s that have more useful load than a warrior.
Steve Foley had (has?) one with 872lb useful load.

--
Bob Noel
(goodness, please trim replies!!!)

And how many JATO bottles are used during this takeoff?

Two diet coke bottles with Menthos thrown in

Bertie

On Sun, 16 Dec 2007 12:03:29 -0800 (PST), "
wrote:

Four people in a Cherokee 140? Are you serious?

Is this a flight school for ants?

My aunts are pretty light.... :-)

Ron Wanttaja

Jay Honeck writes:
Additionally, would it be wise to contract a single CFI to do our
instruction? At approximately 50 hours per pupil, they could log a lot of
time. Maybe we could get a small discount?

Sounds like a good idea -- if you can keep everyone in line and on
schedule.

Even better -- if you have more than one student in the plane at a
time you may also be able to save some money. One flies, the other
observes and learns from the other's mistakes, then trade. This will
probably reduce the total number of hours at the controls required to
learn.

The hard part is getting folks to agree to a common schedule.

Chris

I know 3 guys who are doing this now, and saving a pile... (by their
own numbers)

It is a Cherokee 140..

Yes, the wing IS in the right place..

Yes, it WILL haul 4 people (in a pinch, WITH a pinch!)

And it is a good trainer,

And is tough and inexpensive.

And parts are reasonable, and available..

And it is a simple to maintain plane..

Ald although not a "fast" plane, has decent cross country speed...

Did I mention that the wing is in the right place?

A Cessna 150 is great trainer, but not much else.. It is slow, light,
cramped, no payload..

And...the 140 has LOTS of "utility" while working as a trainer...

YMMV!

Dave


On Sun, 16 Dec 2007 19:09:07 GMT, wrote:

I'm currently in "ground school" and hope to begin my actual flight
instruction soon. I will need to keep a close eye on the costs involved.

Some classmates are tossing around the idea of us purchasing a plane as a
group, doing our training, and then selling the plane. When our training s
completed, we would either sell to a "third party" buyer or allow some group
members who want to keep and share the plane to "buy back" shares from other
members at a discount.

Does anybody out there have any experience with such a scheme? Is this
really practical? Any solid info about legal requirements, insurance
issues, maintenance and storage costs, or tips for purchasing / selling a
plane would be appreciated.

Suggestions as to appropriate "training" aircraft (beyond the Cessna 150 /
172) would also be appreciated.

Additionally, would it be wise to contract a single CFI to do our
instruction? At approximately 50 hours per pupil, they could log a lot of
time. Maybe we could get a small discount?

Craig Slein, Houston, Texas

Dave wrote in
:

I know 3 guys who are doing this now, and saving a pile... (by their
own numbers)

It is a Cherokee 140..

Yes, the wing IS in the right place..

Yes, it WILL haul 4 people (in a pinch, WITH a pinch!)

And it is a good trainer,


Nope, worst trainer ever.

Well, after the Ercoupe, maybe.

People without legs are alowed to fly them.

they cover a multitude of sins whilst training


And is tough and inexpensive.

True. They are tough.


And parts are reasonable, and available..

And it is a simple to maintain plane..

Also true.

Ald although not a "fast" plane, has decent cross country speed...

Did I mention that the wing is in the right place?

A Cessna 150 is great trainer, but not much else.. It is slow, light,
cramped, no payload..


You're comparing apples and oranges.

the 150 has less than 2/3rds the burn for instance.




Bertie

In article ,
" wrote:

Four people in a Cherokee 140? Are you serious?

a older 140 can have the useful load to carry four people,
especially when you start with the fuel at the tabs. I've even
seen older 140s that have more useful load than a warrior.
Steve Foley had (has?) one with 872lb useful load.

And how many JATO bottles are used during this takeoff?

Apparently you haven't flown a 140.

My 140 (and Steve's) require the same take-off roll as a warrior II.

--
Bob Noel
(goodness, please trim replies!!!)

"Bertie the Bunyip" wrote in message
.. .
" wrote in news:5a0b505f-2782-433f-
:


" wrote:
Four people in a Cherokee 140? Are you serious?


And how many JATO bottles are used during this takeoff?

Two diet coke bottles with Menthos thrown in


Good Golly Dewd, don't you know anything? Diet Vernors is way better for
this than Diet Coke. :-)

But I don't think the plan was to have all the owners in the plane at the
same time...

--
Geoff
The Sea Hawk at Wow Way d0t Com
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