Sale of my (1/20th) share in Parair's Piper Archer 11 VH-MHI.
The aircraft is well maintained and in good condition. It flys approximately 200 hours per year. The prop and engine have many hours to run.
Although there are quite a large number of members availability is good. Fixed costs are $75 per month and hourly flying cost is $150 Tacho /wet which is very reasonable.The group is well managed and financially secure.
The price of $5000 is based on 1/20th of the estimated value of the aircraft (approx $60000) and 1/20th of cash held in the bank for repairs ,engine replacement tec
The aircraft is based at Parafield (hard standing)
I have been a member of Parair for 43 years and am now retiring from flying