A guide to some of the most affordable means of owning your own plane - co-ownership. Packed with detailed information on topics from figuring the costs, to picking the right partner(s) and the right plane, to sorting out legal and practical issues, it is complete with case studies of actual partnerships.
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Own your own plane - without going broke!Here is the only comprehensive guide to owning an airplane in a partnership - the most affordable way to fly your own bird. the author, a veteran pilot and partner himself, shows you exactly how to take each and every step along the way, from making the decision to co-own...to choosing the right partner(s)...drawing up the partnership agreement...and buying the right plane.Privately owned airplanes average 50 hours of flight time per year, and their owners howl at the high cost of owning and flying today''s light aircraft. Many pilots can''t afford to own alone. The option of co-owning a plane enables all co-owners to fly their own airplane for a fraction of the cost of sole ownership. Even pilots who can afford sole ownership of an aircraft can take advantage of the extra purchasing power of a partnership to get the plane they really want.This must-have guide to the most affordable means of aircraft ownership covers all the bases, with:Real life case-study partnership profiles.Step-by-step walk-through of the preparation of your partnership agreement.Figuring the costs: financing options; insurance.Legal issues.Operations: scheduling, maintenance, record-keeping. Aircraft Partnership gives the reader a virtual partnership kit - with all the tools and information you need to construct a good, working aircraft partnership. Owning your own plane can be an attainable dream.
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