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Herb, I agree with you completely. I posted to the message forum recently asking about partnership/shares type of ownership. My cost per hour last year ran $455.00 per hour without fuel. Granted, my son and I only used the plane 57 hours, but it is getting hard to justify the cost. I am planning on flying to Sarasota, FL in March, which I did last year at a cost of over $700.00 in gas. This year it will cost more because of the gas prices. Hard to tell myself it makes sense when I can fly for free since my son is an airline captain, or I can by a round trip ticket for right around $260.00 direct into Sarasota.
On the other hand, I was able to attend a trade show for the day in Louisville Kentucky with 2 of my partners without spending 10 hours in the car. Down and back in under 3 hours from Michigan City, IN. It is those kind of days that make me want to keep the plane.
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