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Forming group around PA32 300 zero houred & new avionics

SPECIFICATIONS
• Aircraft: 1973 fixed gear Piper Cherokee Six 300.
• Registration: G-IFFR, operated on Private C of A.
• Airframe: 7,300 hours.
• Engine: 300 hp Lycoming IO 540: Will be zero-houred (zero-timed engine overhaul expecting to be completed by April 2025).
• Propellor: Hartzell 3 bladed constant speed prop, fitted 2004. 6 year overhaul in 2022.
• Avionics: major refit to excellent spec in 2022:
o Garmin G5 AI
o Garmin G5 HSI
o Garmin GTN650Xi navigator
o Garmin GFC500 autopilot
o Garmin GNS430W (fitted 2010) coupled to Garmin GI 106A CDI + glideslope (providing full back system for navigation and approaches)
o Garmin GTX330 Mode S Transponder
o Garmin GMA340 audio panel
o FlightStream 210
o PilotAware (with fitted internal aerials)
• Exterior: Bare metal respray to the current paint scheme in 2010. Still looking good
• Interior: Six forward-facing adult seats with an additional child seat in the middle of the centre row (i.e. 2-3-2). G-IFFR was reupholstered in 1997. Looks a bit dated but tidy.
• Incidental equipment: six-place Winslow liferaft, 6 life jackets and portable SAR beacon.
• Weights: MTOW: 3400 lbs, Aircraft: 2000 lbs, Max fuel 500 lbs, so 900 lbs available for pilot, pax and baggage.
• Location: currently located at Duxford, but happy to consider alternatives north of London (e.g. Elstree, Cranfield, Cambridge).

HISTORY
• Purchased new by European Air Transport, then an air taxi company in Belgium and registered OO-JPC. Brought to the UK in 1996 by an aircraft dealer and registered G-BWVO. Following an overhaul, it was purchased by the Brendair group in early 1997 and registered G-IFFR.
• Brendair was originally a 4 member family-based group. Following the passing of the other members it has been in my sole ownership since 2018.
• Based at RAF Henlow from 1997. Hangarage became available around 2012, and it was hangered there until the airfield was closed in 2020. Based at IWM Duxford since then.
• Maintained since 1997 by Brinkley Aircraft Services Ltd at Meppershall, Beds.
• First Garmin avionics overhaul in 2010. Second in 2022.

PROPOSAL
• The zero-houring of the engine is a significant investment. But it offers the perfect opportunity to create a new group of between 3 and 6 co-owners who would be acquiring a share of an extremely well-specified tourer with a zero houred engine capable of carrying 4 adults (or 2 adults and 3 or 4 children) and masses of baggage and 650nm range.
• Indicative costing (based on, say, 4 co-owners)
o Purchase of Quarter share: £35,000 ono.
o Monthly overheads (to cover parking, insurance and maintenance): £250.
o Fuel: at cost to the pilot (currently around £120ph).