"Can the magic of flight ever be carried by words? I think not."
- Michael Parfit Smithsonian Magazine May 2000 |
Comparison to Sole Ownership
| |
Sole Ownership |
Sky Shares |
| Purchase |
572,080 |
97,999 |
| Purchase per year (4 years) |
143,020 |
24,500 |
| Residual Value EOY 4 |
-250,000 |
-33,750 |
| Residual per year |
-62,500 |
-8,438 |
| Annualized Monthly Fixed |
31,600 |
11,100 |
| Total Annual Fixed Cost |
112,120 |
27,162 |
| Hours Flown / year |
150 |
150 |
| Cost per hour |
747 |
181 |
| Maintenance per hour |
69 |
69 |
| Total Cost Per Hour |
816 |
250 |
You would have to fly over 600 hours per year to match the Sky Shares cost per hour! So in addition to paying more, you would have to take care of all the management details of your aircraft including contracting for insurance, hangar space, preparing the aircraft for flight and re-securing your aircraft upon returning home, and coordinating all the maintenance. Why work so hard just to pay more for your flight time?
|