[l2ridehd]

Very interested if their is enough folks that want to start a club

X F111 pilot with many hours in many small planes as well. However not current at the moment. Belonged to a great flying club in Nashua NH for many years. We had 12 members, a Cessna 182, and an excellent set of bylaws that made it an outstanding club. Each member owned one share and that share could be bought or sold with other members approval. We had monthly dues and paid for the plane wet using hobs meter. Dues covered 100% of all cost to have the plane ready to fly but never fly. (paid by all 12 members) Annual inspections, insurance, hangar rent, answering service to reserve plane, licenses, and any expense not directly related to flying. Then for each hour flown, was all costs to operate. (paid only by those who used the place) 100 hour inspections, oil changes, fuel, 1/1800th of the cost of an engine overhaul, jepsen charts, avionic maintenance, ADC compliance, tires, etc. Dues and rates were adjusted every 6 months, share price once a year. Now this was many many years ago, but at that time 1 share was $2200, dues were $28 a month and hobs time was $18 an hour wet. With this structure the value of the plane was always maintained so share price usually went up every year. I am sure these costs have increased many fold, but still a low cost way to fly. Most clubs that fail do so because they try to fly really cheap. They don't money away for a new engine, or don't do the 100 hour inspections etc. We had a flight instructor in the club who gave members discounted lessons and we could also take new pilots as members. Bylaws required the clubs instructor do all training. anyway enough information for now, but am interested as you can tell.