Initiation fee $200
-
A one time fee associated with processing the membership application.
Of this fee $100 is non-refundable and committed to set up the member accounts, establish aircraft reservation privileges,
secure the hanger key, etc. The second $100 is applied to aircraft costs associated with the introductory flight.
Any unused portion of funds will be applied to the member's account toward the first month member dues.
Equity share $3,500
- Purchases a share of the aircraft owned by the club. Your equity
is fully refundable to you if you leave the club (For a summary of
the club philosophy regarding aircraft financing and equity charges, see
the FAQ.)
Monthly
dues $120- (current as of 4/2008 ) Covers
the fixed costs of aircraft ownership, such as insurance,
hangar rental, annual inspections, licenses, etc. There is
a $7 credit for attendance at the monthly meeting, to encourage
participation.
Hourly flight charges
- Aircraft usage charges determined from actual flight time only - there are
no daily or weekly minimum charges. All rental rates are "wet" (i.e.
include fuel) and you can be reimbursed
for fuel purchased off-field. Time is based on Tach
(engine tachometer) time, which is typically 10 to 15% lower than the
Hobbs meter (electical) time charged for aircraft rentals elsewhere. The present
hourly charges for each aircraft are:
