Members buy into the club at a specific level at current share prices. The level allows the member to use the aircraft(s) available at that level, and all levels below. Family memberships are available at one-half share price, so that each member of a family living in the same household can enjoy the benefits of Club membership at a reduced share price. Family members also pay half the regular monthly fee. The current share price is approximately $1,200. Contact Artisan Aviation for current rates.
- Warrior Level: 2 shares
- Arrow Level: 5 shares
- Lance Level: 10 shares
Members pay an hourly rate based on tach time, not Hobbs meter time, which includes fuel. Use of tach time instead of Hobbs time usually results in a 10% lower-than-Hobbs time for cross country flights, and 15 to 20% lower-than-Hobbs time for local training flights. Unlike renting, all rates are tax free since members are also owners of the aircraft! These rates are revised periodically to cover debt service, fuel price changes, and maintenance reserves. Contact Artisan Aviation for current rates.
- Piper Warrior II (N2202A): $82/hr
- Piper Arrow IV (N2218Z): $146/hr
- Piper Lance (N78AA): $174/hr
All members pay a monthly fee to cover fixed costs for insurance and hangar rent. This entitles them to fly the Warrior, or both the Warrior and the Arrow, depending on their share value participation. In addition, members that fly the Lance pay an additional monthly charge for the Lance insurance and hangar rent. The fixed costs are distributed based on the level of membership and vary with the number of members. So, as a new members join, the monthly fees decrease, and as members leave, the fees increase. For current monthly fees, contact Artisan Aviation