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A discussion in August under the heading "Private Ownership" gave me lots to think regarding buying/renting an aircraft. Thanks Nosmo and Ken de Vos for the facts and figures you posted - really helped. Unless those Lotto numbers fall my way, current finances present me with the options of buying a second hand Gazelle or Skyfox, or getting into a syndicate for a slick new composite aircraft. This aircraft would be put online at a flying school and hired out for touring, and have the financial and tax advantages.
My aim is to fly as much as I can, as cheaply as possible [I suppose that's everyones aim] - 100+ hours a year, complete the occasional tour of the state and fly to Narromine at Easter. I really enjoy flying rag and tube.
Hasanyonehad experience with syndicate ownership or heard from others about the issues? Has anyone put an aircraft online at a flying school and know if it works out?
Any words of wisdom would be appreciated.
Thanks.
Trevor
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..slipped the surly bonds of earth, and danced the skies on laughter-silvered wings,..
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