Archive for the 'Ownership' Category

It’s official – I have a complex (endorsement)

Wednesday, December 23rd, 2009

Working on my transition training for my Mooney, I’m getting drips of dual time. I’ve had this plane for one week now and have only been able to eek out 6 hours of dual. The slow pace it almost excruciating. The only thing that makes it bearable is that there are TONS (almost [...]

“I’m going to be an owner!” Take 2

Saturday, December 5th, 2009

I was extremely excited, and as a result pre-mature to announce the last Mooney I thought I was going to purchase. I was hurt morally and financially when it failed the pre-buy and the owner didn’t want to make concessions.
But things are different this time! I actually waited for it to clear the pre-purchase [...]

Pre-purchase inspection FAIL!

Tuesday, October 27th, 2009

OMG. I’m so devastated and so happy. Devastated because the plane of my dreams turned out not to be. Happy because I’m out of the deal and got (most) of my deposit back.
As you can see in my earlier post, I was totally excited to be purchasing a Mooney 205. Trust is critical to a [...]

Looks like I’m going to be an owner!

Friday, October 16th, 2009

We agreed on a price a couple of days ago and the contract is signed today. Tomorrow, my soon to be new-to-me Mooney 205SE will go to Cole Aviation for an pre-buy and annual.
Here’s the specs:
1988 M20J / 205SE
TT: 1570
SNEW: 985
Prop: 985
Paint: 1995
160kts 11gph cruise
843Lbs Useful load, eligible for increase to 1,000