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Reducing Flying Costs: Clubs, Co-Ownership

Being able to share the costs of aircraft ownership can cut the costs of flying dramatically; however, it’s essential that each person involved is in full agreement with and fully understands the rules regarding ownership and operation. This is one place where a handshake is never enough.

For the majority of us, the most seriously frustrating part of general aviation flying is that we can’t do enough of it because of the cost. Despite periodic, breathless advertising claims of airplanes that can be flown for pennies a mile, the cold, hard fact about rising above the planet and moving under control is that it is expensive—and there aren’t any silver bullets that will magically shred the cost. 

There are, fortunately, incremental steps we can take to reduce what it costs an individual to fly. One of the best is joint aircraft ownership via co-ownership or a flying club, to spread the fixed and some of the variable costs among two or more people. 

Rick Durden

Senior Editor Rick Durden has written for Aviation Consumer since 1994 and specializes in aviation law. Rick is an active CFII and holds an ATP with type ratings in the Douglas DC-3 and Cessna Citation. He is the author of The Thinking Pilot’s Flight Manual or, How to Survive Flying Little Airplanes and Have a Ball Doing It, Vols. 1 & 2.