Share For Sale

1975 Cessna 172M Hangared in Abbotsford at CYXX 1/10th Share $8,990 55 year old club - ex Mission Flying Club The Aeroplane: 9.8 out of 10 Leather Interior New paint June 2008 - 2006 model 182 scheme New engine June 2008 - 160 h.p. Long Range Tanks - 7 Hours endurance No major damage history (Minor wing damage in 1990) Halon Fire Extinguisher Both Windows Open Step-ups and handles for checking the fuel 2003: New Garmin 250XL GPS (database updated every 56 days) 2004: New ELT with Panel mount 2005: New Braidner Professional 4 day Emergency kit; New Battery; New Retractable Seat Belts No punches pulled maintenance by Bakerview Aviation Total Hours Total Time Since New: 4958 as of 2007 April 15 (refer to the Technical Log and Journey Log extractions on the side menu) Assets: You are buying shares in a limited company, not just a club Engine overhaul reserve fund is $0 Fund for the new paint job: $0 plus Bank Balance is in the black at $0 (Approximate values as of 2008 June 15) Your Operating Costs: Fixed Costs (set July 2005) are $137 per month (Invoices are issued quarterly) Hourly charge is $20 plus the (average) cost of fuel (we use Tach time not HOBBS time) Occasional group "assessments" for extraordinary expenses (1/10th of a $5,000 GPS is $500) Insurance: The club maintains a full insurance policy Your personal Liability is protected because the shares are held through a limited company. Usage (Booking) Availability: Total time 2002 calendar year: 207 hours (average 4.5 hours per week) Total time 2003 calendar year: 238 hours Total time 2004 calendar year: 165 hours Total time 2005 calendar year: tba hours Total time 2006 calendar year: tba hours Total time 2007 calendar year: tba hours I find that from September through May it tends to available most Sunday afternoons Your Qualifications: All incoming members must have a minimum of 100 hours of flight experience, in any category of aircraft, with at least 15 hours within 12 months of joining our club. Incoming members are expected to be without infractions on their pilots licences and their driving record will be scrutinized. New members should note that we rigidly enforce our recency and recurrent training requirements. Organization Operations: Our club website is at Hangar 34 Reservations are made through the Hangar 34 Website at Reservations Periodic meetings are called to discuss and agree upon maintenance and operational matters. (Fixed meetings on the first Friday of March and the first Friday of October (AGM) ). The next meeting is 2006 March 3rd, Friday. Venue T.B.A. Minutes of the meetings are available from Secretary Ken Cathro: 604-473-5184 or SPI @ Telus.net Maintenance issues can be discussed with Maintenance Coordinator Aird 604-855-6733 or Aird @ Flavelle.com