The fleet rates were just adjusted in Spring 2012 (reflecting those amazing fuel increases). The board of directors set prices by carefully analyzing costs
and breaking them down on an hourly basis (available by request to any
member for review). Accounts for aircraft maintenance, avionics and
overhauls are funded monthly and paid into CDs. The board of directors
also decides any surplus to retain for new avionics and aircraft upgrades.
Insurance fees are applied on a "postal" basis (equally by hour flown),
hence some planes are occasionally "subsidized" as a marketing
decision. Our recent initiative is to upgrade both avionics and
aircraft appearance: four WAAS Garmin GPS units have been installed plus paint and
N97266. Most recently, we installed an Aspen Glass Panel in this plane! Please enjoy and take care of your
Our airplanes are rented "wet" (oil and fuel included). You must be a member to fly our planes but our rates are "at-cost" (we are not-for-profit), and this includes full insurance coverage. Fuel purchased elsewhere is reimbursed (at club rates). We recently augmented our $1,000,000 in liability with smooth coverage (no "sub-limits") and this includes full hull coverage. All members are insured as "owners" with only a $500 deductible. You cannot buy insurance this good as a "renter!"
Current prices incorporate the latest fuel increases. Fuel cost is currently almost half of your rental cost!
Our club has the following financial requirements for pilots joining:
Members that get behind paying the club are "grounded." This is a
sad state of affairs; you can't fly; even your parking privileges are
revoked, and we all treat you badly! Please pay your bill on time, it
costs us all money to play "bank!" We are all just sharing the cost of
this operation afterall.