Posted by Joe from ne on October 27, 2010 at 20:38:08 from (207.5.116.146):
In Reply to: airplane partnership posted by dave anderson on October 27, 2010 at 17:55:20:
I know there are lots of partnerships like you are suggesting. Most seem to work out well. It would pay to spend some time getting to know prospects and ask around about them. The community is pretty small actually. The big thing is like has been said to be prepared to buy the other person out if need be. I would actually rather help a young pilot out or several and have them chip in a hourly fee and just keep majority ownership myself. I Have two airplanes and my wife and I both fly them alot. (We probably put total of 60 hours per month on them). So we don't really have need or availiablity for partners. For us it works better to own by ourselfs. Good luck though if it will help you keep your plane.
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