I have been inspired to write this post by Thierry at Air Journey and my son.
**LMK if you or anyone you know may be interested in being a 50% partner:
I am about to buy a used GFC700 Mooney Ovation or Acclaim for between $220k and $300K.
Preferred Options - AC, GFC700, O2, WAAS, Monroy tanks.
I am looking for a 50% Partner (or possibly partnering with an existing owner) who's usage compliments my own.
I will probably purchase the aircraft without a partner if I can not find a good match.
Why Partner?
I do not need an aircraft in the Northern hemisphere about 6 months total of the year. Spend most winters skiing in Colorado (not much flying) .
I travel a lot (work remotely in North America, Australia and Europe).
A repositioning pilot or copilot buddy with an interest in the aircraft would be great
Best Partner
Experienced aviator who has previously owned aircraft:
1000+ hours min
IFR
Good understanding of systems and maintenance issues
Usage compliments mine
Able to help with repositioning
Me
This will be my 7th aircraft. Have owned M20J, C310, AS350B3, C500, C550, C560.
I have flown in about 20 countries and circumnavigated once in a C560.
FAA IFR CASA CPL CFI (exp)
The Partnership arrangement:
H1 - 5 mths .1 May to 30 Sept
Partner 1 (myself) chooses where the aircraft is based.
Aircraft will be based on East Coast - NYC area or Miami area, then Caribbean, Central America, Mexico, Canada, Europe, UK, Morocco, Canaries ...
If I am not available, then I may request assistance repositioning.
Partner 2 offered first option to help reposition and ferry at partner 1 discretion. Partner 1 may pay Partner 2 economy airfare to reposition (not accommodation)
Partner 2 may request day trip 3 times, and one 1week trip provided aircraft returned to base
H2 - 7 mths 1 October to 30 April
Partner 2 chooses where based in USA.
Partner 1 offered first option to reposition at partner 2 discretion
Partner 1 may request day trip 4 times, and one 2 week trip, provided aircraft is returned to base.
And
H Dates may change by mutual agreement with 180 days notice
Std maintenance pool clauses with Quarterly payments in advance
No finance
Either partner can buy the others share with 365 days notice (or earlier by mutual agreement).
Plan to sell aircraft in 2 years