SMAC335 Aircraft Ownership The Good, The Bad, and The Unusual

Preflight:

AOPA awards
https://www.aopa.org/-/media/Files/AOPA/Home/Training-and-Safety/2025-Flight-Training-Experience-Award-Winners.pdf

Leslie: I Hart aFlying Foundation “Fuel From the Hart” scholarship. Will be used toward Commercial Multi-engine add-on training.

Talking Points:

Reasons to Buy or Not Buy (Not just about money):
Cost/Utilization
24-hour availability
Type of aircraft
Exactly meet your mission
No unicorns.

Solo Ownership v Partnership
Costs
Control
Availability
Ability to Sell Plane

Common Mistakes made when purchasing an aircraft:
Not having a written purchase agreement
Using a poorly written purchase agreement
Not having an attorney review the agreement
Other costs – taxes/insurance/tiedown or hangar, etc.
Inadequate prebuy or no prebuy

After Landing Checklist:

Pick of the Week:

Carl – scholarships for non-traditional recipients – stratus financial https://www.aviationcareerspodcast.com/free/

Leslie – Airplane Owner Maintenance podcast with Dean Showalter
https://airplaneownermaintenance.com/

Bill – https://www.cfithebook.com/

Tom -AOPA Flying Club Finder
https://youcanfly.aopa.org/flying-clubs/flying-club-finder#q=st%20petersburg%20fl&t=tagFlyingClubs&sort=%40aopaufbusinessname%20ascending

Links:
https://www.strumorlaw.com/AircraftPurchaseAgreement.asp
https://www.aopa.org/
https://www.aerospacereports.com/

Upcoming Events and Air Shows:

Redbird Migration, Denver, Co. March 4-5, 2025 https://migration.redbirdflight.com/

Sun N Fun April 1-6, 2025
https://flysnf.org/

Booth A-41

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