T.J. Neff Aircraft Sales

351 Airport Road
Novato, CA 94945
(415) 898-5151
Fax: (415) 898-5155
Email: tjair@tjair.com

PARTNERSHIPS

T.J. Neff has worked with many partnerships and can help you determine if this is the right partnership for you.

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PARTNERSHIP WORKSHEET

NAME
ADDRESS
PHONE
E-MAIL ADDRESS
AIRCRAFT
REGISTRATION

Fixed Indirect Expenses Per Year
Debt Service (Value Of Money)
Insurance
Hangarage/Tiedown
Annual Inspection Cost
Taxes
Subtotal (A)

Estimated Flight Hours (EFH) Per Year (B)

(Fixed Expenses Per Hour) Total (C)
(which is A divided by B which equals C)

Variable Direct Expenses Per Hour

Fuel/Oil (Between oil changes @ 50 hours)
Maintenance
Cleaning
Engine, Propeller, and Avionics Overhaul
Paint and Interior Refurbish Reserves

Total (D)

Total Cost Per Hour (C+D)

Typically, all partners split "C" as a function of their share of the ownership.
Each partner pays for "D" for every hour of use

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