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Microlight Syndicate
Hi,
I'm nearly there...solo flight on a trike and already there is another challenge looming: soon I'll have to purchase my own wings !
I could raid the savings account and purchase a brand new Redback but I would prefer an Outback with a 582. Having said that my training has mainly be on a Outback 912 with Cruze wing, and that would suit me fine !
The problem is that it doesn't make sense at all to purchase on your own something you'll be lucky to use 50~60 hours per year and unlike real estate doesn't appreciate in value. To any outsider the obvious solution is group ownership or syndication, but as soon as I mention the word to any microlight pilot I always get the same response: "It doesn't work !". I cannot comprehend that people who are prepared to get airborne in rather flimsy structures made of aluminium tubing and fabric find the idea of shared ownership too risky !
Could you please enlighten me about the pros & cons of syndicates.
Any positive experiences out there ?
I live and fly out of York, Western Australia, is there anyone out there who would like to explore the matter further.
Arnaud
Arnaud
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