Partnership maintenance costs
Moderator: drseti
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Partnership maintenance costs
I own a Eurofox and have 2 other pilots wanting to form a partnership. We believe that there should be a "fund" created for maintenance. Maintenance to me is everything except insurance, hangar and annual as those are a set cost and would be divided by the three of us. Who flies the plane the most should pay the most for maintenance. Do you pilots out there in a partnership have an "amount" per hour to fund maintenance? My own research to cover fuel, basic maintenance and an engine fund comes out to about $35 - $40 per hour. The plane has 460 hours equipped with a Rotax 912. Your feedback would be appreciated.
Re: Partnership maintenance costs
I'd guess throwing $10 per hour in a maintenance fund would cover you pretty well. That way the guys that do the most flying pay the most, and that comes to $1000 per 100hr, which should easily cover your annuals and routine maintenance. If the plane gets 200hr/yr on it, that leaves you another $1000 to set aside for unexpected maintenance items.Mike LaVerdure wrote:I own a Eurofox and have 2 other pilots wanting to form a partnership. We believe that there should be a "fund" created for maintenance. Maintenance to me is everything except insurance, hangar and annual as those are a set cost and would be divided by the three of us. Who flies the plane the most should pay the most for maintenance. Do you pilots out there in a partnership have an "amount" per hour to fund maintenance? My own research to cover fuel, basic maintenance and an engine fund comes out to about $35 - $40 per hour. The plane has 460 hours equipped with a Rotax 912. Your feedback would be appreciated.
A lot depends on how often and how it will be flown. You might have to go to $15/hr if you really want to easily cover things like engine replacement down the road. Of course if the engine eats itself at 200hr you are screwed just like most other owners.
Andy Walker
Athens, GA
Sport Pilot ASEL, LSRI
2007 Flight Design CTSW E-LSA
Athens, GA
Sport Pilot ASEL, LSRI
2007 Flight Design CTSW E-LSA
Re: Partnership maintenance costs
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Last edited by CTLSi on Sat Nov 29, 2014 11:20 pm, edited 1 time in total.
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Re: Partnership maintenance costs
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Last edited by SportPilot on Wed Nov 05, 2014 10:40 pm, edited 1 time in total.
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Re: Partnership maintenance costs
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Last edited by SportPilot on Wed Nov 05, 2014 10:39 pm, edited 1 time in total.