Partnership near Boston, MA?

Looking for a partner? No, we're not talking about dating. Partnerships are another way to bring down the cost of flying. Use this forum to find like-minded folks in your neighborhood.

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ASFlyer
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Partnership near Boston, MA?

Postby ASFlyer » Tue Aug 29, 2017 8:03 pm

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Last edited by ASFlyer on Fri Sep 01, 2017 3:57 am, edited 1 time in total.

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drseti
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Re: Partnership near Boston, MA?

Postby drseti » Wed Aug 30, 2017 7:38 pm

At 100 hours a year, you're right at the break-even point between renting and owning (assuming a single owner). At four owners, you'll reduce fixed (but not variable) costs. Consider that, if all the partners fly the same amount, you'll be doing carb inspections twice a year, gearbox inspections every year and a half, and hitting TBO in five years. It may be hard to justify that amount of maintenance downtime. If you really plan for each partner to fly 100 hours annually, I would think the sweet spot would be just one co-owner.
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
Prof. H. Paul Shuch, Ph.D., CFII, LSRM-A/GL/WS/PPC, iRMT
AvSport of Lock Haven
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TimTaylor
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Re: Partnership near Boston, MA?

Postby TimTaylor » Wed Aug 30, 2017 8:49 pm

I've been in a couple partnerships and they worked great. More than one co-owner and I would rather rent.
Commercial Pilot Airplane Single & Multiengine Land; Instrument Airplane;
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ASFlyer
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Re: Partnership near Boston, MA?

Postby ASFlyer » Thu Aug 31, 2017 5:16 am

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Last edited by ASFlyer on Fri Sep 01, 2017 3:58 am, edited 1 time in total.

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drseti
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Re: Partnership near Boston, MA?

Postby drseti » Thu Aug 31, 2017 6:05 am

If I'm reading you correctly, AS, you say you're looking for three partners who each fly 10 hours a year, to help subsidize your planned 100 hours of annual flying. Not meaning any disrespect, but I think that's going to be a hard sell. Nevertheless, if you can find compatible partners, more power to you.
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
Prof. H. Paul Shuch, Ph.D., CFII, LSRM-A/GL/WS/PPC, iRMT
AvSport of Lock Haven
fly@AvSport.org
http://AvSport.org
http://facebook.com/SportFlying

TimTaylor
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Re: Partnership near Boston, MA?

Postby TimTaylor » Thu Aug 31, 2017 10:47 am

I would not want to be partners with someone who only flys 10 hours a year. They are probably not safe, IMHO. I've always figured that unless your flying budget is $1,000 per month or more, you are better off renting. I think two people spending $1,000 per month each could afford a pretty nice LSA.
Commercial Pilot Airplane Single & Multiengine Land; Instrument Airplane;
Sport Endorsement Airplane Single Engine Sea;
Flight Instructor Airplane Single And Multiengine;
Ground Instructor Advanced Instrument

Merlinspop
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Re: Partnership near Boston, MA?

Postby Merlinspop » Fri Sep 01, 2017 1:21 pm

I guess he didn't like getting sound advice. I know I have been prone in the past to get caught up in grand ideas, but I usually took the advice I was given under consideration (not always though; I do have an ex wife that proves I can sometimes ignore everyone's warnings, even my own).
- Bruce


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