June 26, 2009
By Alton K. Marsh
As airplane manufacturers look for customers, customers are searching for a way to make their airplane ownership dream come true. Both are often thwarted by the poor economy, but American Legend Aircraft thinks it has a solution through joint ownership.
The program promises that a Legend Cub can be purchased for $2,900 down and flown for $28 per hour. It is managed through the LetsFly Cooperative Ownership Program. You’ll end up with a one-quarter share of a Legend Cub and a monthly payment of $365 to $430, company officials claim.
The Legend Cub, built in Texas, is one of the top-selling light sport aircraft, and is a full-size lookalike to the famous Piper Cub.
AOPA Pilot Senior Editor Alton Marsh has been a pilot since 1970 and has an airline transport pilot certificate and instrument and multiengine flight instructor certificates, aerobatic training, and a commercial seaplane certificate.
AOPA staff learn about hypoxia at the National Aerospace Training and Research Center.
Through an innovative new program developed by the AOPA Aviation Finance Co., AOPA is offering flight training financing.
AOPA is calling on its members to take immediate action to build support for new legislation that would reform the third class medical process and provide other protections for general aviation pilots.
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