[JYO] Local club secures SR-22

Finally. We have secured our insurance and will be starting  our
club  on  the SR-22 in early November. The deal is:  $1200/month
for  12 months.  For that you get 150 hours ($88 per  hour!) for
the  cost  of  fuel plus a good number of weekend  and overnight
trips  without fee.  The only other expenses will be  a renter’s
insurance policy, an initiation fee and a "wear and tear"  parts
expense  sharing system if membership is below a certain  level.
The initiation fee will depend on the number of people who  sign
up  and  will remain at that price from then on.  I am  figuring
somewhere between $2500 and $4000 which will go directly to  the
insurance  company. We will also off a "limited" membership  for
around $800/month for 75 hours per year.  Initiation will be  in
the same ball park for that membership as well.

The   time  quals  are  a  bit  steep but since there will be  no
hourly  price  they shouldn't be too bad.  25 hours Cirrus  time
and  an instrument rating with 500 total time.  We will be  able
to  finish IFR training in the aircraft for people but they  can
not  solo  until they meet these times and/or they get  approved
by  the  insurer.  We  will have two Cirrus  qualified CFI's who
will  also  be  able  to   do  transition training and recurrent
training for any Cirrus  owners.

This  is  our  shot  and bringing a decent  business back to VKX
after 3 years of garbage. For members of his list I am  offering
a  $100/month  discount  ($1200/year) off   full  membership and
$50/month  off  the  limited ($600)  to help get this going.  If
you  figure  your hourly costs it  would be $88 per hour for the
full membership (higher with the initiation)  which I'll bet you
won't  find  anywhere else on the planet. Last,  I am offering a
$200  bounty  for  referrals.  If   you know anyone who might be
interested  tell  them to give us your  name and if they sign up
I'll  pay  you  $200.   That'll  buy at least a tank of gas in a
Bonanza right?

If   you want to see the SR-22 come to VKX. I also have pictures
posted  at  http://www.lrn2fly.com/SR22.htm. I hope this will be
the  first   of  our Cirrus aircraft and hope that this list can
help spread the  word. With any luck this type of club can start
to help bring life back to  VKX.

Thanks,


JD
_JD@xxxxxxxxxxxxx (mailto:JD@xxxxxxxxxxxx) 

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