Re: What would you buy with a 50k budget?

Kirk Ellis wrote:
> On Wed, 21 May 2008 14:03:51 GMT, "Jay Honeck"
> <jjhoneck@[EMAIL PROTECTED]
> wrote:
> 
>>>> Get new friends.
>>>>
>>>>       Lou
>>> A textbook example of lateral thinking.
>> Yes, but that doesn't make it any less true...
>>
>> :-)
>>
>> BTW: I'm in the process of starting a new flying club in Iowa City.
It's not 
>> hard to do, although it helps to know a bunch of pilots.
> 
> 
> This area needs a flying club and it would be fun to start one here.
> But if an idea or a product does not exist it's either because no one
> has thought of it or made the effort, or someone has tried and
> discovered that it isn't viable due to market forces.
> 
> Kirk

There is a third reason.

Change in the market. In this case there may be a lot of pilots that 
would love to fly a little but either they have airplanes that are great 
for one type of flying but not for another.

El Dorado Arkansas is a perfect example of this. There are hangers full 
of 182s and larger Cessnas, Pipers and Bo & Barons. They are mostly 
owned by older oil guys that can well afford to fly them all they want 
and do fly them to Colorado and Florida for vacation and on the 
occasional trip to visit the grand or great grand kids.

What they do the rest of the time is come out to the air****t, sit in the 
old Lazy-Boys that their wives long ago made them take out of the house 
and ***** about how it just isn't fun to fly anymore. Which they don't 
really believe because they come down to the hanger where I'm building 
my 601XL and all they can talk about is how much fun it will be to fly. 
  Add to that almost all of them live in fear of their next medical 
because at any given time about half won't pass.

What they need to do is to get together and sell all but one or two of 
the big planes and take that one or two and sell or lease it to a newly 
formed club and take some of the money they make from the other sales 
and buy an Ercoupe, Cub or one of the new LSAs.

This would have the side benefit of having a club that new and student 
pilots could join and learn to fly which is El Dorado doesn't have now 
as we also don't have FBO that rents or teaches.