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FREQUENTLY ASKED QUESTIONS

Your Questions, Answered

Browse below to find answers to the most common questions about our club. Go through the list we’ve provided, but if anything is still unclear, get in touch and we’ll be happy to assist you.

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HOW DOES YOUR FLYING CLUB WORK?

Each member owns an equal share of N739EZ, our prized 1978 Cessna 172N. Every member receives their own set of keys and is able to schedule flight time using the club's online calendar. Members pay a monthly fixed rate to cover hangar, insurance, annual inspection and AD costs. Members pay an hourly cost for flight time which covers fuel, engine and prop replacement, 50-hour inspections and oil changes as well as unplanned maintenance. Each member owns their share for as long as they choose and may sell their share for whatever price they set. Our club is managed by a volunteer Board of Directors.

Share prices are set by each individual member and our Board advises members on fair market value.

Recent transactions have ranged around $15,000 per share. 

Monthly membership dues are currently set at $180.

Flight time cost is currently set at $125/hour (wet).

Flight time billed on tachometer, not hobbs.

Our club is fully reserved for the next engine replacement.

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HOW CAN I JOIN LOW FLYING ANGELS?

To be eligible to own a share, you must be a current, licensed pilot with a minimum of 100 hours of PIC time. We have 12 shareholders and while we have no visibility to when a share may come up for sale, we historically have had one to two transactions per year.

 

Eligible, interested pilots may contact us to join our waiting list, and we allow a small number of interested parties to place a fully refundable $2500 deposit with us to get priority placement on that waitlist.

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...A BIT ABOUT NINER ECHO ZULU

N739EZ is operated solely for personal/recreational usage by the members. Scheduling is done online, there are no restrictions for overnight or weekend usage. She is hangared at Mather Jet Center and receives exceptional maintenance and care. She received a zero-time, completely overhauled engine in February, 2024. 9EZ is IFR certified including WAAS-enabled GPS and ADSB in/out compliance. Avionics include:

Garmin GNX 375

Garmin G5 AI

Garmin G5 HSI

Garmin GNC 255 Nav/Com

Bendix/King KMA 24 Audio Control System

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