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Partnership maintenance costs
Posted: Fri Oct 31, 2014 9:46 am
by Mike LaVerdure
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
Posted: Fri Oct 31, 2014 9:53 am
by MrMorden
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.
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.
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.
Re: Partnership maintenance costs
Posted: Fri Oct 31, 2014 10:25 am
by CTLSi
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Re: Partnership maintenance costs
Posted: Fri Oct 31, 2014 11:32 am
by SportPilot
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Re: Partnership maintenance costs
Posted: Fri Oct 31, 2014 10:36 pm
by SportPilot
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Re: Partnership maintenance costs
Posted: Sat Nov 01, 2014 10:39 am
by CTLSi
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