Short Wings Gliders

At 21:14 31 January 2009, Andreas Maurer wrote:

Well... in the past we used the fiel essentially for free.
In 1999 we bought the airfield for about 300.000 Euro (which we shared
50:50 with the second club at Landau). The repayment of our 150.000
Euro share is going to be finished in 2011.

I'm starting to lose track of which club is which, but you seem to be
raising this amount of capital with around 80 or so members? This is the
kind of thing that we always seem unable to do, even though we have
something close to your membership numbers. Was this all paid for out of
yearly flying fees? I suppose the advantages of owning and controlling
your own field makes up for not upgrading your fleet for those years. On
the other hand, I suppose your club is paying taxes on the property now?

Jim Beckman