Flying Clubs....Good News/Bad News

[woutlaw]

Cloud7 you are correct.

Not looking to join, I am looking to sell. The drop in price is just due to people not flying. I guess there are 10+ people looking to sell. Planes not flying and fixed costs are fixed.....

That being said, I believe they dropped so try and stimulate some interest in the club and bring some $$$ in. The share price had been $6200.

$4,000 is a smokin' deal to buy into that club.

We probably have 10+ folks looking to sell as well. It's a buyer's market these days.

Do you guys have monthly dues to cover the fixed costs?

 

[SteveC]

I was just talking to one of my neighbors yesterday, and he told me that the club he is in has a share for sale in a 172M with about 200 hours on a rebuilt engine, mid 70's vintage aircraft, approx. 3500 hours total time. Buy in @ $6,000. Monthly dues of $70. $50 per hour WET.

 

[MNFlyGuy]

At LVN our monthly dues are $145 per member. A lot of good clubs around the area. My problem is living close to LVN it is hard to drive too far to get to a plane.

The 10 hours to get into the 210 seems like a lot for more experianced pilots. How much do your instructors charge?

 

[JEP]

$4,000 is a smokin' deal to buy into that club.

We probably have 10+ folks looking to sell as well. It's a buyer's market these days.

Do you guys have monthly dues to cover the fixed costs?

yep, $150 month......and then whatever you fly.

The more you fly, the better the deal.

 

[JEP]

At LVN our monthly dues are $145 per member. A lot of good clubs around the area. My problem is living close to LVN it is hard to drive too far to get to a plane.

The 10 hours to get into the 210 seems like a lot for more experianced pilots. How much do your instructors charge?

I believe it is $40 depending on the person. The guy I used is a 75CA for Delta and liked to be paid in cash for some reason.

 

[aerospacepilot]

Hmm, perhaps I should join a flying club out here in AZ...

Hey. I am moving out to the Phoenix area (GYR, GEU, DVT) and I am desperately looking for a good flying club. I don't want to pay $100/hr wet hobbs for an old 172 at a commercial FBO. I have been really spoiled with my flying club in the SF Bay Area (172N, $75/hr wet tach, $40 a month, $75 one-time initiation, or $89/hr wet tach for 172SP).

If anyone knows of any good flying clubs in the Phoenix area, PLEASE let me know. Thank you.

 

[ComplexHiAv8r]

Bad News....my $6000 share purchase of two years ago has now been deemed worth $4000.

Just think, if it would of been in the stock market you would of lost more money.

The drop in price is just due to people not flying.

When was the last time you flew?? And why?? (like I can talk at the moment).

 

[JEP]

Just think, if it would of been in the stock market you would of lost more money.



When was the last time you flew?? And why?? (like I can talk at the moment).

What's your point?

 

[ComplexHiAv8r]

What's your point?

If you sell for a loss from original price it would of still be better then if you had invested that money.

You need to get in the air like I do....
Safety pilot for anyone lately?