P 6.36 Forms
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Contents
IFR Flight Planner; Nav Log; Aircraft Partnership Agreement; ...

About Aircraft Partners;


 

 



IFR Flight Planner
From To Date Com 2 A= 121.50 B=122.0
Transponder freq = / / / /
Time Name What to do Victor VOR 1 Ident Head Mim Alt DME dis VOR 2 Ident Head Com 1/Alt Radio Call
Position, transition, radio call, new alt, New Victor, Clearence
Position, transition, radio call, new alt, New Victor, Pop-up
Position, transition, radio call, new alt, New Victor, Pop-up
Position, transition, radio call, new alt, New Victor, Pop-up
Position, transition, radio call, new alt, New Victor, Pop-up
Position, transition, radio call, new alt, New Victor, Pop-up
Position, transition, radio call, new alt, New Victor, Pop-up
Position, transition, radio call, new alt, New Victor, Pop-up
Position, transition, radio call, new alt, New Victor, Pop-up
Position, transition, radio call, new alt, New Victor, Pop-up

 

 

Nav Log Destination: From________________To__________________ Date:_________ Tach start ______ finish _______ Fuel ____ Oil _____ Page ___ of ___
notes:
Check Points

Fly

Radials

Radio and Nav aid setups
Setups

Distance

Ground

Time off

Fuel
Open

CCR/grn/twr

CCR/Oak
FSS Radio

speed
Flight plan

Altitude

VOR1

Com1/Rdy1

VOR1/Rdy1
Freq Dis/freq int

to Leg

TAS

Est

Burn

Course

VOR2

Com2/Rdy2

VOR2/Rdy2
Skawk ADF/Couse

Rem

Actual

Actual

Remain
CCR 20 mim 115.8
ATIS - CALL - Decent - Open FP - Close FP 121.90 119.70
ATIS - CALL - Decent - Open FP - Close FP
ATIS - CALL - Decent - Open FP - Close FP
ATIS - CALL - Decent - Open FP - Close FP
ATIS - CALL - Decent - Open FP - Close FP
ATIS - CALL - Decent - Open FP - Close FP
ATIS - CALL - Decent - Open FP - Close FP
Remember to Close Flight Plan 800-992-7433 Totals
CCR Depart

Return CCR
Location Airport notes: Location Airport notes:
Field Elev 24 Field Elev Field Elev
PTN Alditude 1024 PTN Alditude PTN Alt
ATIS 124.70 ATIS ATIS
Code Code Code
Dir/speed Dir/speed Dir/speed
Vis/Ceiling Vis/Ceiling Vis/Ceiling
Temp/Dew Temp/Dew Temp/Dew
Altimiter Altimeter Altimeter
Tower 119.7 Tower Tower
Ground 121.9 Ground Ground
CTAFafter 10:00pm 119.7 CTAF CTAF
FSS 122.5 FSS FSS
Gas 122.85 Unicom Unicom
Runway %slope/width %slope / Width slope/width
Take Off Distance Takeoff Takeoff
Landing Distance Landing Landing

 

 

 

Destination: From________________To__________________ Date:_________ Tach start ______ finish _______ Fuel ____ Oil _____ Page ___ of ___

Fly

Radials

Radio and Nav aid setups
Setups

Distance

Ground

Time off

Fuel

Weather

Course

True
Flight Follow

speed

In route

Heading

Altitude

VOR1

Com1/Rdy1

VOR1/Rdy1
Freq Dis/freq int

to Leg

TAS

Est

Burn

Dir / Vel

TC

TH

Course

VOR2

Com2/Rdy2

VOR2/Rdy2
Skawk ADF/Couse

Rem

Actual

Actual

Remain

Alt/Temp

WCA -L/+R

VAR
Totals
Location Airport notes: Location Airport notes:
Field Elev Field Elev
PTN Alditude PTN Alt
ATIS ATIS
Code Code
Dir/speed Dir/speed
Vis/Ceiling Vis/Ceiling
Temp/Dew Temp/Dew
Altimeter Altimeter Flight Plan: 1-VFR, 2-id = N80363,
Tower Tower 3-Type Skyhawk 172/A, 4 Speed 116,
Ground Ground 5 Depart from, 6-Time out, 7-Alt, 8-Route
CTAF CTAF 9-Destination, 10-ETA, 12-Fuel, 14-Name,
FSS FSS 15 occupents, 16 Beigh @ burgondy lines,
Unicom Unicom 17-contact 1-800-992-7433
%slope / Width slope/width Pilot report: 122.0 1-Aircraft
Takeoff Takeoff 2-Position 3-Time(Z) 4-Cond 5-Clouds
Landing Landing 6- Altitude rev 12-23-01blm

 

 Aircraft Partnership Agreement (compressed to save space)
Bold print is always a variable element
This Partnership is entered into this 1st day of November, 1995 by and between;
Party #1; Party #2; Party #3; Party #4

The undersigned desire to constitute themselves a partnership for the purpose of acquiring a 1984, Aero Vodochody L39C Ser # 436767, and holding title thereto as Tenants in Common.  The purchase price shall be $320,000.00, Of which 1/4, or $80,000.00 shall be paid in cash equally by the partners.

Liability/Hull Insurance
Adequate insurance shall be carried by the partnership to insure against the reasonably anticipated risk of the operations intended.

Basing
The aircraft shall be based at the Reid Hillview Airport, and the costs of tie-down/ or shelter at said base shall be borne equally by the partners. Cost attributable to storage, parking, tie-down, or landing fees while the aircraft is
being operated away from the base, shall be borne by the person so operating.

Other Pilots
No other person other than the partners shall be authorized to operate the aircraft except with the express consent
of all the partners, and then only if that person has the experience level required by the insurance policy or policies
carried.

Usage
No commercial or for hire operations, as defined by current FAA regulations, may be performed in the aircraft.
The above stated Partners may receive flight instruction to acquire, maintain or upgrade their current certification.
No other flight instruction activities will be performed in the aircraft. Solo flight by unlicensed student pilots must
be limited the minimum amount of hours needed before said student takes and passes the FAA Practical Test.
Flight after a failed test must be with a certified CFI until such time that the FAA Practical Test is passed.
(Consider requiring instructors have 'unowned aircraft insurance coverage)

Fixed Expenses
A Fixed Expense Account shall be maintained and contributed to equally by the partners. The contribution rate
will be $500.00 per partner, per month. This rate will be adjusted periodically in order to cover anticipated
expenses. Out of this fund the fixed expenses shall be paid. The fixed expenses are defined as tie-down/
hanger at the base, insurance, annual inspection and licensing, and taxes.

Operating Expenses
Operating expenses shall include such items as oil changes, replacement of tires, brakes, battery, hydraulic fluid,
radio airframe, engine, and accessory repair and maintenance. These operating expenses shall initially be paid
for by the partners equally. There shall be a yearly adjustment upon the basis of total hours flown in the aircraft
by each for the preceding year. Each person operating the aircraft shall clean, fill, and service-all systems at the
end of each flight, at his/her own expense.

Insurance Deductibles
The person operating the aircraft during the time of an accident is responsible to the extent of the deductible
amounts under the insurance policies.

Flight Scheduling
The aircraft will be reserved on a first-come, first-served basis, with the exception of the Priority Pilot. Should a non-priority pilot wish to use the plane, he must get approval from the Priority Pilot. If the Priority Pilot is unavailable by telephone or email, a non-priority pilot¹s flight shall not exceed two hours takeoff to touchdown, Monday-Friday. A non-priority pilot CANNOT take the plane on a weekend without the expressed consent of the Priority Pilot.

Priority Pilot
The partners will serve as Priority Pilot on a weekly rotation, the changeover occurring at 2359hrs (Calif) on
Wednesday
. Only the Priority Pilot may remain overnight (RON) at any time, unless permission is granted to a
non-priority pilot by the scheduled Priority Pilot.

Aircraft Use Log
An Aircraft Use Log will be maintained in the aircraft. All aircraft usage times will be entered into the log, along
with any equipment write-ups, any maintenance performed on the aircraft, any oil required during servicing, etc.
These entries are the responsibility of the person operating/maintaining the aircraft.

Aircraft Servicing
After each use the person using the aircraft will tie-down/Shelter the aircraft, chock the wheels, empty cockpit
and seat pockets, and ensure the general cleanliness of the aircraft. The person using the aircraft will also ensure
that the fuel level is filled after their flight. It's recommended that each person who anticipates using the aircraft set
up a charge account with the on base fuel supplier.

Aircraft Use Fee
Each person who uses the aircraft should reimburse the partnership Operating Expense Account at an initial rate
of $150.00 per hour. This rate will be adjusted according to operating expenses as agreed upon by the partners.
Individual usage will be determined on a monthly basis by reviewing the Aircraft Use Log. Funds collected will
become part of the Operating Expenses Fund for the aircraft.

Away from base
Unscheduled maintenance or repairs required to return the aircraft to a flyable condition, while away from base,
will be considered operating expenses and be borne equally by the partners. However, additional expenses
incurred as a result of the non-flyable aircraft, such as lodging, food, alternate transportation are the sole
responsibility of the person operating the aircraft. If the aircraft has to remain at another base, expenses incurred
in returning to pick up the aircraft, such as lodging, food, and transportation will be borne equally by the partners
as an operating expense.

Additional Equipment
Any partner/partners may add additional equipment to the aircraft, providing ALL partners UNANIMOUSLY
agree to the installation. If the partners are unable to agree upon the cost of the addition equipment, any partner
or partners may add such other equipment, and pay the cost of such equipment, its installation, and cost
associated with the equipment

Rules and Regulations
This aircraft shall at all times be flown and maintained in accordance with all applicable Federal Air Regulations
and requirements of duly constituted authority. Any deficiencies resulting therefrom which cause any civil penalties
to be levied shall be borne by the persons responsible for the violations. In the event that the violation is not directly attributable to the responsibility of one partner, the cost shall be borne equally.

Unilateral Authority
No partner shall, without the consent of the others, contract, or otherwise obligate the partnership to the payment
of any sum of money in excess of $500.00.

Delinquencies
Any delinquency in the payment of charges, costs or fees arising out of the terms of this agreement, whether fixed,
operating usage, finance or otherwise, which are delinquent for more than thirty (30) days, shall result in the
deprivation of flight privileges of the delinquent partner. Any delinquency which continues thereafter for an
additional sixty (60) days, shall be grounds for involuntary dissolution at the option of the non-delinquent party,
pursuant to the terms hereinafter specified for involuntary dissolution.

Voluntary dissolution
If for any reason any of the partners wishes to dissolve the partnership, he/she shall send a written notice to that
effect to the other partners by certified mail, return receipt requested, at the address set forth above. Within ten
(10) days from receipt thereof, the remaining partners shall send written notice by certified mail, return receipt
requested, to the retiring partner, at the address set forth above, of the election of the remaining partners to
proceed in one of three ways:

(a) To purchase from the retiring partner his/her share of the partnership assets, at one-forth of the appraised value.

(b) To allow the retiring partner to sell his/her share to whomsoever he/she chooses, for no less than one-forth
(1/4) of the appraised value of the assets.

(c) To sell all of the assets of the partnership to whomever he/she wishes, for no less than the appraised value of
the assets.

Upon the sending of the notice of dissolution, each partner shall nominate one qualified appraiser. If the partners
fail to agree on a value of the partnership assets, then the four named appraisers shall nominate a fifth, who,
together, shall at their earliest convenience, determine the fair market value of the partnership assets, which value
shall then become the appraised value. The cost of such appraisal shall be borne equally by the partners.

In the event that the remaining partners, in a voluntary dissolution, elects under subparagraph (a) or (c), the
purchase or sale shall be completed within ninety (90) days from the receipt of the notice of dissolution. If at the
end of the ninety (90) day period the remaining partners have not consummated the sale or purchase, then the
retiring partner shall have the option to either (a) sell entirely and to whomsoever he/she pleases, all of the assets
of the partnership for no less than appraised value, or (b) sell his/her share of the partnership assets to whomever
he/she pleases, for no less than one-forth the appraised value. If the remaining partners elects under subparagraph
(a) and the purchase is consummated as provided, then the remaining partners may at any subsequent time sell all
or any portion of their interest, without accounting for the proceeds to the retiring
partner.

Whenever the retiring partner has the right to sell his/her share of the partnership assets, he/she may only sell
his/her share to a single individual, to avoid dilution of the ownership and the problems attendant upon an increase
in the number of users. In the event a new partner is thus brought into the partnership, it shall expressly be
stipulated that he/she must agree to and sign the partnership agreement.

Involuntary Dissolution
If any party shall be in default of any of the terms in this agreement, and fails for thirty (30) days after notice thereof
to cure such default then the partners who are not in default may initiate dissolution proceedings. In this event, the
dissolution shall be considered involuntary, and the non-defaulting partners shall be considered as the remaining
partners, and the partner who is in default shall be considered the retiring partner, for the purposes of the procedure
set out above under voluntary dissolution; provided however, that thirty (30) day default provision shall not apply
to defaults in the payment of money, which defaults have been provided for elsewhere in this agreement with
respect to involuntary dissolution.

Death of a Partner
The demise of any of the partners shall be considered as a notice of dissolution, and the provisions relating to voluntary dissolution shall apply.

Estimated Value
Once each calendar year each partner will submit their estimate of the value of the aircraft. The estimated value shall become the average of those four values. If during the course of dissolution or any other matter, and all partners agree, the appraised value of the aircraft shall become this estimated value. Also, if all partners agree, the appraised value of the partnership assets shall become the estimated aircraft value, plus the current value of the fixed and operating expense funds, plus any miscellaneous equipment belonging to the partnership.

Sale Above Appraised Value
Upon the sale of either partner's share of the assets, or the entire assets of the partnership, whether by voluntary or involuntary dissolution, if the sale price exceeds the appraised value, or one-forth (1/4) thereof, as the case may be, the balance shall be divided equally between the partners.

Sale Below Appraised Value
No sale of one-forth or all of the partnership assets shall be for less than the appraised value thereof, without the mutual consent of the partners.

Arbitration
If any dispute arises under or by virtue of any of the terms of this agreement, the partners shall submit the dispute to arbitration at the American Arbitration Association, Fresno, Ca., pursuant to the rules and regulations of the American Arbitration Association. Judgment may be entered in any Court of competent jurisdiction upon the rendition of any final decision by the arbitrators .
Partner
Partner
Partner
Partner

Next Page 6.37 Learning from History
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About Aircraft Partners

The Question

Jon Kraus asked:
What would be some ways to get in touch with someone when looking for a partner to share in the joys (and sorrows) of aircraft ownership? I am going to try placing flyers at the local FBO's. I thought about
downloading the Airman database from the FAA and pulling out all the pilots with current medicals in my area and sending them a short note. Any other ideas? Thanks !!

Pick out the plane and buy it first, then look for partners. If you look for partners first, getting them all to agree on how to shop for a plane will be difficult. It's much easier if you have a single decision-maker.

If you look for partners before you have a plane, you'll get people who say they are interested right up until the day they have to sign a check, and then their interest will evaporate.

Anyway, yes, FBP bulletin boards, postcards to airman's database entries in your zip code, an ad in your local paper in the airplanes classified section.

Dave Butler wrote:
Pick out the plane and buy it first, then look for partners. If you look for partners first, getting them all to agree on how to shop for a plane will be difficult. It's much easier if you have a single decision-maker.

If you look for partners before you have a plane, you'll get people who say they are interested right up until the day they have to sign a check, and then their interest will evaporate.

Anyway, yes, FBP bulletin boards, postcards to airman's database entries in your zip code, an ad in your local paper in the airplanes classified section.
I smell the voice of experience in your post. ;-)

Jim Burns wrote:
I've been shopping for a plane lately, and I did something just the opposite of what you suggested. I downloaded the FAA database, sorted it by make, model, and year of manufacture. Then I sorted it by state, and looked for
owners who had owned their plane for 10 years or more, and who lived close by. Then I sorted that list and looked up each owner to see if he had a current medical. I was looking for some body who had owned their plane for a while but who may have lost their medical or died or something. Then I used information or web searches to find their phone numbers.

Great idea! You could also use the database to find plane owners that want to sell a portion of their plane to form a partnership.

As others have said, buy the plane first. If this is not feasible for financial reasons, I'd say 1 partner is the max to go shopping with. Any more and you're deep into cat-herding territory.

I found my partnership on the bulletin board at my FBO. IMHO that's the best place since you're looking for a local pilot who flies somewhat regularly. -cwk.