Fly_Unity
Well-Known Member
I been trying to think of a way to fly a SE Turbine.
I live in a fairly rich town and even fly for a few people corporate in the own Cirrus's etc.
What about buying a TBM or Meridan, finding about 5 people to create a fractional company?
For example, each one would pay 300K to be part of this fractional, and about 25 K a year each for pilot services, hangar, Insurance etc, then pay a per hour for flight time.
Does anyone see any problem or potential hangups pursuing this path? Or do you know anyone that has done this before successfully?
I would have to create a portfolio packet to try and sell these five shares.
I live in a fairly rich town and even fly for a few people corporate in the own Cirrus's etc.
What about buying a TBM or Meridan, finding about 5 people to create a fractional company?
For example, each one would pay 300K to be part of this fractional, and about 25 K a year each for pilot services, hangar, Insurance etc, then pay a per hour for flight time.
Does anyone see any problem or potential hangups pursuing this path? Or do you know anyone that has done this before successfully?
I would have to create a portfolio packet to try and sell these five shares.