Partnership maintenance costs

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Mike LaVerdure
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Joined: Fri Oct 31, 2014 8:24 am

Partnership maintenance costs

Post by Mike LaVerdure »

I own a Eurofox and have 2 other pilots wanting to form a partnership. We believe that there should be a "fund" created for maintenance. Maintenance to me is everything except insurance, hangar and annual as those are a set cost and would be divided by the three of us. Who flies the plane the most should pay the most for maintenance. Do you pilots out there in a partnership have an "amount" per hour to fund maintenance? My own research to cover fuel, basic maintenance and an engine fund comes out to about $35 - $40 per hour. The plane has 460 hours equipped with a Rotax 912. Your feedback would be appreciated.
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MrMorden
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Joined: Fri Aug 17, 2012 7:28 am
Location: Athens, GA

Re: Partnership maintenance costs

Post by MrMorden »

Mike LaVerdure wrote:I own a Eurofox and have 2 other pilots wanting to form a partnership. We believe that there should be a "fund" created for maintenance. Maintenance to me is everything except insurance, hangar and annual as those are a set cost and would be divided by the three of us. Who flies the plane the most should pay the most for maintenance. Do you pilots out there in a partnership have an "amount" per hour to fund maintenance? My own research to cover fuel, basic maintenance and an engine fund comes out to about $35 - $40 per hour. The plane has 460 hours equipped with a Rotax 912. Your feedback would be appreciated.
I'd guess throwing $10 per hour in a maintenance fund would cover you pretty well. That way the guys that do the most flying pay the most, and that comes to $1000 per 100hr, which should easily cover your annuals and routine maintenance. If the plane gets 200hr/yr on it, that leaves you another $1000 to set aside for unexpected maintenance items.

A lot depends on how often and how it will be flown. You might have to go to $15/hr if you really want to easily cover things like engine replacement down the road. Of course if the engine eats itself at 200hr you are screwed just like most other owners. :D
Andy Walker
Athens, GA
Sport Pilot ASEL, LSRI
2007 Flight Design CTSW E-LSA
CTLSi
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Re: Partnership maintenance costs

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SportPilot
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Re: Partnership maintenance costs

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SportPilot
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Re: Partnership maintenance costs

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CTLSi
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Re: Partnership maintenance costs

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