✓Share available in well-equipped Archer II based at Shoreham
✓Recently upgraded with Avidyne avionics
✓Professional group operation with 23 members and comprehensive cost structure
Additional remarks
The plane is owned and operated by Oldbus Limited, a VAT Registered limited company, set up to protect members' investments. The company operates as a private flying group, run voluntarily for the benefit of the shareholders. It is organised with the aim of funding all planned expenditure from a combination of monthly subscriptions and hourly flying (wet) rates. Day to day operations are handled by volunteers. For a full specification visit the public page of the group's website at: www.oldbus.co.uk
An £88.80 monthly charge covers hangerage, insurance, maintenance, and the reserves cover engine replacement, upgrades, repaint etc. Flying time is currently £136.25 per hour wet which reflects the recent increases in fuel prices.
There are 23 flying members drawn from all over Sussex and Surrey, with varying levels of experience and professional backgrounds, including airline pilots. Members have typically been flying between 5 and 35 hours per year depending on their individual needs. The aeroplane is used for pleasure flying, UK travel, and foreign trips, the furthest having been to the Canaries.
The aircraft is very well equipped having recently had an Avidyne upgrade.
