Feb 01 2025 58 mins 18
Preflight:
Leslie: I Hart aFlying Foundation “Fuel From the Hart” scholarship. Will be used toward Commercial Multi-engine add-on training.
Talking Points:
Reasons to Buy or Not Buy (Not just about money):
Cost/Utilization
24-hour availability
Type of aircraft
Exactly meet your mission
No unicorns.
Solo Ownership v Partnership
Costs
Control
Availability
Ability to Sell Plane
Common Mistakes made when purchasing an aircraft:
Not having a written purchase agreement
Using a poorly written purchase agreement
Not having an attorney review the agreement
Other costs – taxes/insurance/tiedown or hangar, etc.
Inadequate prebuy or no prebuy
After Landing Checklist:
Pick of the Week:
Carl – scholarships for non-traditional recipients – stratus financial https://www.aviationcareerspodcast.com/free/
Leslie – Airplane Owner Maintenance podcast with Dean Showalter
https://airplaneownermaintenance.com/
Bill – https://www.cfithebook.com/
Tom -AOPA Flying Club Finder
https://youcanfly.aopa.org/flying-clubs/flying-club-finder#q=st%20petersburg%20fl&t=tagFlyingClubs&sort=%40aopaufbusinessname%20ascending
Links:
https://www.strumorlaw.com/AircraftPurchaseAgreement.asp
https://www.aopa.org/
https://www.aerospacereports.com/
Upcoming Events and Air Shows:
Redbird Migration, Denver, Co. March 4-5, 2025 https://migration.redbirdflight.com/
Sun N Fun April 1-6, 2025
https://flysnf.org/
Booth A-41
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