Thread: New Flying Club
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Old 08-26-2019, 05:10 AM
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What we actually get for a plane and it's age will be determined by the membership. My personal preference would be an Arrow or Mooney in 2000 range, but those require complex endorsement, so we will probably start with something like a Cessna 172 or Cherokee 180. Something in the 1980 range with lower airframe and engine hours. In order to get a new club off the ground you need to keep the initial buy in and the hourly flying cost as low as possible while also keeping the club financial sound. By having the initial buy in price be an equity share, folks can sell it when they decide to move on to either there own plane or stop flying. The club has to remain financially sound for those equity shares to retain and increase in value.
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