Thoughts on forming airplane co-ownerships

The American Bonanza Society monthly magazine has a good article “Thoughts on Forming Beech Clubs” written by Paul Lilly, President ABS. Paul shares his story about airplane co-ownership and the lessons learned along the way. He says, there are a lot of people who wish there was a high-performance airplane club nearby; however, he never hears anyone say they are willing to start one. Starting a club requires a fair amount of work.

There are 3 types of pilots and 3 airplane co-ownership situations:

  • Seeking: Pilots just seeking to join a club or co-ownership want share in the costs of owning an airplane but don’t have the time or experience to start a club.
  • Starting: Pilots starting a new airplane co-ownership have made a commitment to the formation and they’re willing to put in the time, experience and/or learning. They may want to find another pilot to join the group before acquiring a plane.
  • Existing: Pilots of an existing co-ownership from time to time will want to find another member to join. Over the years, pilots move in and out of shared ownerships as their needs and missions change.

Paul’s story covers the following topics: “Take the Lead.” It’s not difficult to start a club it just takes some work. Be a leader. “Define your airplane first.” If you’re building a club around an airplane you already own or have selected, you’re ready to go. But if you’re trying to decide, Paul reviews the pitfalls of too many cooks trying to select a plane. “Size Matters.” Paul says, the ideal club is from two to a maximum of five people. Each pilots’ share of fixed and acquisition costs is divided by the total members. But more members usually limits the airplane’s availability and has insurance cost implications. “Making Your Intentions Know.” Usually, the higher the price of the airplane the longer the time to find the right pilots. Connecting with pilots interested in co-ownerships needs to be easier.

You can find Paul’s full article in the American Bonanza Society magazine, March 2021 publication on page 2.

© 2021 Connecting Aviators® Above and Beyond

Soar We Now . . . 2021

It’s Good Friday.  I hope you can take some time off and indeed say  “Christ the Lord is Risen,”  As Charles Wesley wrote, circa 1739 –

Soar we now where Christ has led;
Following our exalted Head;
Made like him, like him we rise;
Ours the cross, the grave, the skies. Alleluia!

Your Glory hidden in creation is now revealed in Christ.

1 Cor. 15:1-8; & 12-28; 1 Tim 1:17

Clouds rising. Tribute to Soar we now, Charles Wesley, 1739
Clouds rising. Tribute to “Soar we now . . . . ” Charles Wesley, 1739

Cirrus SR22 G6 is favored slightly more than its G5 normally aspirated brethren

After 4-years, the Cirrus SR22 G6 has slightly outsold its G5 normally aspirated predecessor. More than 508 customers have taken delivery of the G6 normally aspirated piston-engine plane which was introduced in 2017. That’s 18 or 4% more buyers than the Cirrus SR22 G5 during its 4-year production run from 2013 – 2016. Both are favored models and it seems the pilot attraction keeps getting stronger with each generation advancement.

Table 1: Comparison of Cirrus SR22 G6 to SR22 G5 Shipments

Year SR22 G6SR22 G5VariancePercent
2020107 -26-20%
Source: GAMA Annual Report Manufacturers’ Aircraft Shipments

Cirrus SR22T G6 is More Popular Than its G5 Predecessor

After 4-years, the Cirrus SR22T G6 has outsold its G5 predecessor. More than 738 customers have taken delivery of the G6 Turbo which was introduced in 2017. That’s 155 or 27% more buyers than the Cirrus SR22T G5 achieved in its 4-year production run from 2013 – 2016. Both are favored turbo models but the pilot attraction keeps getting stronger with each generation advancement. Cirrus Aircraft has the most popular piston-engine turbo ever built.

Table 1: Comparison of Cirrus SR22T Turbo G6 to G5 Shipments

Year SR22T G6SR22T G5VariancePercent
2020184 3523%
Reference: GAMA Cirrus Shipment Statistics 2020 – 2013.

© 2021 Connecting Aviators® Above and Beyond

March is Women’s History Month

Celebrating women in history this month. One hundred years ago, Amelia Earhart was taking flying lessons. Even today, she remains in the news for her accomplishments and pursuit of goals. Although Amelia may be most frequently mentioned in discussions surrounding her disappearance on the circumnavigation attempt in 1937 she achieved celebrity status in her lifetime for different reasons. Amelia personified the pursuit of adventure, determination, and breaking of norms. She was a strong promoter of air travel and women in aviation and women in new world roles.

MeLinda Schnyder, aviation and travel writer, published 10 anecdotes about Earhart’s life in honor of Women’s History Month. Here are ten things you might not know about A.E.

  • Amelia designed a roller coaster at age seven.
  • She called Atchison Kansas her hometown
  • She had plenty of nicknames: Meeley or Millie, A.E. in correspondence, Queen of the Air, Lady Lindy.
  • She learned to fly before learning to drive a car
  • She loved fast, open, sporty cars
  • She was an influencer
  • She used her celebrity for good
  • She was a fashion innovator
  • She insisted The New York Times and other media use her professional name – Amelia Earhart.
  • She had a short but record-setting flying career.


MeLinda Schnyder, “Aspects of Amelia Earhart That Might Surprise You. Celebrating Women’s History Month With Little-Known Facts About Legendary Pilot,” AOPA, March 3, 2021

How many airplanes has Cirrus Aircraft Sold (2020)?

Cirrus Aircraft has been manufacturing the certified Vision Personal Jet since 2016 and the SR series airplanes since 1999.  Total customer shipments were 8,234 at the end of 2020.  Details by the numbers are below.

Table 1: Cirrus Aircraft Shipments by Year

YearSF50 JetSR22 TurboSR22SR20SRVTotal

”Cirrus Aircraft’s first high-performance SR Series airplane – the SR20 – was delivered in 1999 and transformed general aviation with intuitive avionics, game-changing performance and revolutionary safety systems, including the Cirrus Airframe Parachute System® (CAPS®). The SR Series has been the world’s best-selling single-engine piston for 18 years in a row, with a portfolio that includes the SR20, SR22 and the turbocharged SR22T.” 

In 2021, Cirrus launched a limited edition SR series to commemorate the 8,000th customer delivery. The SR Series aircraft have exceeded 11 million flight hours and are flown in more than 60 countries around the world.

Table 1. References: GAMA Annual Reports and Matt Bergwall, 2006-2010 Cirrus Aircraft stats for factory installed Tornado Alley Turbonormalized (TAT) supplemental type certificate installations, which are not identified in GAMA statistics or the FAA registration database.  The FAA records list model SR22 for Cirrus planes with TAT systems.

© 2021 Connecting Aviators® Above and Beyond

The Value of Shared Aircraft Ownership

It’s understood that costs differ by airplane type and with the passage of time, but a good valuation framework facilitates discussions, cost measurements, and process improvements. Our five-year case study on “The Value of Shared Aircraft Ownership” involved a $400,000 high-performance airplane, but the methodology can be applied to most aircraft co-ownerships.  The study also included information gleaned from hundreds of pilot discussions about airplane expenses and co-ownership issues.

Three co-owners each realized $169,000 in value through shared ownership of a high-performance Cirrus Turbo airplane over a five-year period.  The study identified $74,000 in direct expense savings per member compared to single-pilot ownership over five years. The analysis also quantified the value of member-contributed capital for airplane acquisition at $90,000 and goodwill from co-ownership formation at $5,000.

A three-step quantitative method was applied, which included establishing a valuation framework, organizing costs, and calculating values. The valuation framework included four categories: variable costs, fixed costs, acquisition capital, and co-ownership goodwill.

Variable Costs were items which increased or decreased relative to flight hours, such as fuel, oil, magnetos, brakes, tires, and engine.  Fixed Costs included expenses incurred regardless of flight hours. These costs typically expired based on calendar months, for example, hangar, insurance and life-limited items, such as annuals, AmSafe airbags, CAPS, etc.  Acquisition Capital came from member contributed capital.  Goodwill was derived from the formation of a successful co-ownership.

“The Value of Shared Aircraft Ownership,” by Jeffrey S. Brewer was published in Cirrus Pilot Magazine, April 2020. You can receive the “The Value of Shared Aircraft Ownership” 5-year case study for free, which includes information not previously published. Get the free Case Study

© 2021 Connecting Aviators® Above and Beyond

A Clear Solution for Ice Protection

It makes sense that a manufacturer based in Duluth Minnesota wouldn’t just slip up on the idea of ice protection. For almost two decades, Cirrus airplanes have flown with a clear solution for ice.  And, ice protection remains a highly preferred option among pilots of the iconic Cirrus SR22.  From the organization’s beginning, Cirrus Aircraft has focused on safety and innovation.  

The article “A Clear Solution for Ice Protection” by Jeffrey S. Brewer was published in the Special Safety Issue of Cirrus Pilot Magazine, April 2018. An electronic copy of the magazine, with the original article, is available through Cirrus Owners and Pilots Association.

Cirrus SR22 Known-Ice Protection (FIKI)

© 2021 Connecting Aviators® Above and Beyond