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Percy, I have some insight on that since I was involved with the bookkeeping for our flying club for about a year. I can tell you what I know if you're interested. What I don't know is if rates are higher in CA that elsewhere. I've heard rumors to that effect, but I'm not sure. Since you're in OR, maybe it's better. Spook --- Percy Wood <[EMAIL PROTECTED]> wrote: > ----[Please read http://ercoupers.com/disclaimer.htm > before following any advice in this forum.]---- > > > At 10:00 PM 10/11/02 -0400, Jack Lewis wrote: > > >Has anyone ever insured a plane for training? > >Rented a plane for training? > >If so can you give me some inside on this, (Pros > and Cons)? > > Ya know, Jack, when I got into this crazy flying > business, > I was in cahoots with my A&P brother. The plane we > bought > was on "lease back" to the local flying club. > Whattan adventure! > > But that's another (l-o-o-o-n-g story...). > Financially, we lost big > for two years and made a coupel bucks two years. I > kept the > books, and can remember pretty much how it went. > > Basically, when the weather was good and persons > were flying > that Cessna 150, it coined money. With my brother > doing the > hundred-hour inspections (required if a plane is > used for hire), > and me helping him (aka doing most of the work) on > the annuals, > we did not get eaten alive by the fixed costs. > > Insurance was a Huge Expense. That was because the > clubs > we rented from didn't want to be on the hook if > anything went > wrong. And we had to pay it before the plane flew > hour one. > Maintenance was cheap, as we did most all the work. > We > (my brother actually, because he Just Had To Do It) > even rebuilt > the O-200 motor in that thing. And fixed the > hole-in-the-piston > that occured later. I took the first flight up - my > wife has never > forgiven him... > > So I say. Gather those that really want to learn to > fly and start > a club. Five or ten grand a piece can get a > servicable Cessna. > Or even an Ercoupe if you can interest a CFI and > examiner > that will go for it. > > Percy in Portland > > ================================================================== > TO UNSUBSCRIBE go to: http://ercoupers.com/lists.htm > > > > > --- > Outgoing mail is certified Virus Free. > Checked by AVG anti-virus system > (http://www.grisoft.com). > Version: 6.0.380 / Virus Database: 213 - Release > Date: 7/24/02 > __________________________________________________ Do you Yahoo!? Faith Hill - Exclusive Performances, Videos & More http://faith.yahoo.com ================================================================== TO UNSUBSCRIBE go to: http://ercoupers.com/lists.htm
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