What each partner pays, what an hour actually costs you, and where the arrangement stops beating the rental counter.
The arrangement
Including you.
Hangar, insurance, annual, subscriptions.
Fuel, oil, and reserves.
Wet rate for the same type locally.
Your share of fixed
$4,333
$361 a month, 3 ways
Your annual total
$11,458
Fixed share plus $7,125 of flying
Your cost per hour
$153
All-in at 75 hours
How it compares at your hours
Cost is the easy part. Most partnerships that fail do so over scheduling, differing standards on maintenance, or having no agreed way for someone to leave. Put all three in writing before money changes hands.
The co-ownership guide covers the agreement itself, including exit provisions.
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