listing placed 18 October 2023 United Kingdom

Piper Archer II - Share for Sale - Shoreham

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PA 28 181 Archer II £2,350

PLEASE NOTE, THIS IS A SHARE ONLY IN THE AIRCRAFT. THE AIRCRAFT CANNOT BE RELOCATED AND A PPL IS REQUIRED TO JOIN THE GROUP. A CHECKFLIGHT WILL BE REQUIRED. IT IS NOT SUITABLE FOR PRE LICENCE TRAINING.

A share is available in this fantastic, well-equipped aircraft based at Shoreham.
The share gives exclusive use of a designated date each month but there is often good availability at other times.
The plane is owned and operated by Oldbus Limited, a VAT Registered limited company, set up to protect members' investments. The company operates as a private flying group, run voluntarily for the benefit of the shareholders. It is organised with the aim of funding all planned expenditure from a combination of monthly subscriptions and hourly flying (wet) rates. Day to day operations are handled by volunteers. For a full specification visit the public page of the group's website at: www.oldbus.co.uk
An £98.40 monthly charge covers hanger space, insurance, maintenance, and the reserves cover engine replacement, upgrades, repaint etc. Flying time is currently £136.25 per hour wet which reflects the recent increases in fuel prices.
There are 23 flying members drawn from all over Sussex and Surrey, with varying levels of experience and professional backgrounds, including airline pilots. Members have typically been flying between 5 and 35 hours per year depending on their individual needs. The aeroplane is used for pleasure flying, UK travel, and foreign trips, the furthest having been to the Canaries.
The aircraft is very well equipped and has an Avidyne upgrade.