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.
Nevada’s governor is being asked to add funding to the budget for the state aviation trust fund.
The Flying Aviation Expo will offer something for everyone at its inaugural event in Palm Springs, California.
An EAA chapter in Pennsylvania hopes that its annual fly-in will help save the local airport.
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