Grumman 1979 Grumman Tiger: One Third Share 1979 AA5B Grumman Tiger Total Time: 3554 hours STOH: 230.



Item specifics
Condition: Used Make: Grumman
Model Year: 1979
Grumman Tiger: One-Third Share 1979 AA5B Grumman Tiger Total Time: 3554 hours STOH: 230 hours SMOH: 901 hours Well equipped IFR panel · Garmin 430 WAAS GPS · Century HSI · STEC 30 autopilot with altitude hold and GPS roll steering · Strikefinder · Marker beacon · Vertical compass · Narco MK 12D+ Navcomm (with glide slope) · JPI Fuel Flow indicator · Sensenich propeller (eliminates yellow arc on tach) · Davtron digital clock · Digital OAT and voltage gauge · Backup handheld transceiver with external antenna hookup · 4 probe CHT/EGT engine monitor · LED landing light with pulsing · Wingtip strobes · Red rudder cap · 4 place PS Engineering intercom, with music input port · Standby vacuum, alternate static source · Storage locker at airport containing accessories such as propane engine preheater
Partership information: Aircraft is based at Linden, NJ (KLDJ) Fixed costs are $170 per month, which includes tie-down, annual and insurance. This is adjusted occasionally as fixed costs increase or decrease. Hourly flying rate is $77 (tach, wet). Reviewed periodically to ensure that it properly covers fuel, direct maintenance charges and reserves (for engine overhaul, paint/interior and avionics) Equity buy-in $23,250 (includes cash reserve account with balance of $4,300)
Buyer requirements:
Completion of the sale will be contingent on the buyer meeting the following requirements:
(i) holds a FAA aircraft single-engine land private pilot’s license;
(ii) has a current third-class medical (if required by the FAA to pilot the Aircraft);
(iii) has passed a biennial flight review within the past 24 months;
(iv) holds an FAA instrument rating;
(v) has 250 hours of flight experience;
(vi) has no history of FAA violations or infractions or aviation incidents;
(vii) passes a checkride in the Aircraft, administered by a CFI chosen by the other Stockholders; and
(viii) undergoes an interview with the other Stockholders and by majority vote is approved by them to be a buyer of the Retiring Stockholder’s shares.
 Current date: 2016-12-06