While this kind of ownership isn't a 'Partnership', it is conceptually in the same ballpark: sharing in the expenses and holding some equity in the aircraft. AvWeb just published a discussion on the Aviation Access Project which folks who find their way to this category might find worth reading.
http://www.avweb.com/eletter/archives/1 ... :&st=email
There's hundreds of flying clubs around the country that own and manage aircraft for their members. Aside from the camaraderie, clubs make flying more affordable.
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