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I own a 1978 152 II with the full Sparrowhawk mod and 142 hrs SMOH and want to look into possibility of finding someone to partnership with me on my airplane. I currently live in Bend,OR but plan on moving back down to Bishop as soon as I can. Is there anyone down in that area on the Sierra East Side who might be looking to partner up with someone? If I can't find someone I'll most likely put it up for sale but I'd rather not have to do that.
traildog

Jan,

Try listing your plane on the aircraft partnership association web site first. It's a free site. The address is:

http://www.theapa.com

(I think, if memory serves me right)

Red

Thanks Red. I'll give that a try.
Jan

Wow. An aircraft partnership...

I know from first hand experience that they don't work very well, as a general rule, with BOATS. Planes may well be different, as maintenance is to some extent dictated by exterraneous forces - Annuals and A & P's.

But then, I am kind of a neat-freak, and my ex-partner was the other thing. Seemed like I was always the one cleaning and waxing the boat for him to mess up!

Jan,
Have you been in an airplane partnership? If you have I will keep quiet, if not I may be able to give you a couple of pointers – been there done that (more than once).

Jan,

I'm hoping to purchase a Cessna this year, but if I talk to my old flight instructor, he is dead set against it. Simply from a cost standpoint. He was a part owner of some of the planes he taught me in.

I could get into a partnership on a J-3 Cub, but there is a couple problems. First, two of the three partners are broke (they did construction). The third guy doesn't fly anymore. The Cub hasn't been in the air for at least 3 years. And it has no currant insurance. And it's out of annual. It is hangared though. It's a nice little plane. I have flown it a little years ago. But because of all the money it would take to get thing currant, I think I'll pass on it.

I have been looking for other partnerships. But haven't found any close by. But I think a partnership is like a good marriage. It's real important to have the right partner(s). Just my two cents worth.

Red

Wayne I haven't been in a partnership but have been married. I can only imagine that picking the right person to do this with is most critical.
Jan

Jan, Wayne is usually right on with all of his posts, so I would listen to his suggestions in re a partnership.

I guess the only advice I could give you is:

1.) Try to find a person with the same "financial resources" as you.

2.) Take a look at the condition of the car he/she drives; home that he/she lives in. I should have done this more closely with my former boat partner, but didn't.

3.) Logbook hours; type of flying he/she has done in the past.

4.) Whether "scheduling" would be a problem. In my particular case, it wasn't because I was a student at the time, and used the boat mainly during the week, whereas my partner could only use it on the weekends.

Of course, all of this stuff could, and probably SHOULD, be spelled out in a Partnership Agreement (the ex-lawyer in me coming out).

But it's good to have such a document even if you never have to use it.

Good luck!

I'd say it's absolutely essential, no question about it.

I've found from talking with people, but not from being actually involved, that a flying club rather than a partnership is far more likely to be successful. But a club requires three or more planes and 8 or more people for it to work.