A flight club is a group of individuals who jointly own, maintain, and operate a small fleet of aircraft. Generally, the model for flight clubs is monthly membership dues/initiation fees in return for significantly cheaper flight hours. There are other commitments you need to make in order to join a fight club as many require a certain amount of volunteer hours each month.
Flight clubs are a fun way to fly and gain your pilot’s license. Not only are you flying regularly, but you are surrounded by a group of pilots who all have shared ownership and passion for the aircraft you fly.
At my local flight school in New Jersey, I can rent an aircraft for $100 / Tach hour, $700 Initiation fee / $65 monthly due.
This is significantly cheaper than the average $140 – $180 cost option from a traditional flight school with the feeling of aircraft ownership.
With flight clubs you will still have to reserve the aircraft before renting it out, however, availability is greatly increased. Flight Clubs rarely impose surcharges on top of multi-day rentals, minimums are usually very low which allow you and your family to fly out for multiple days at a time for a minimal cost.
You don’t necessarily have to buy an aircraft for the full price when you have a financial partner who shares a stake! Aircraft partnerships are often a really great way to get into finding the aircraft of your dreams. Often times it may be too expensive to buy an aircraft right out, however, imagine if you could buy 1/3 or 1/4th the cost.
Aircraft partnerships are usually an arrangement between 2-5 individuals over the costs of one aircraft. These smaller arrangements are more limited than a flight club however they offer the most exclusive rights to an aircraft. Generally, these relations are bound by contract meaning you have a legally vested interest in all operating costs and finances of the aircraft. However, it comes with the benefits of open scheduling, reduced costs, and the opportunity to access higher-end aircraft.
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