1968 Cessna 177 Cardinal, 1/4 share, CYEE Midland/Huronia airport

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1968 Cessna 177 Cardinal, 1/4 share, CYEE Midland/Huronia airport

#1 Post by Cardinalflyer » Mon Jul 30, 2018 10:03 am

1968 Cessna 177 Cardinal. Fractional ownership. We currently have one 1/4 share available for $15,000. We are looking for a mature, responsible pilot that is interested in fractional ownership. Hangared at Midland/Huronia Airport, CYEE.

(No, we are not looking to sell block time. No trades. Price is firm. Serious inquiries only! No, we are not looking for short term time builders. Yes, we are looking for a long term partner. Yes, airplanes are expensive to own. )

Fixed monthly costs $230 to $240/month per shareholder. (Depending on insurance rate)
Hourly rate $120/hour wet Tach time (Air time not flight time)

Fixed costs include things such as hangar, insurance, certain fixed annual maintenance fees.
Hourly wet costs include all operating costs - fuel, oil, oil & filter changes, certain hourly maintenance costs such as the engine.

Times as of July 1, 2018

Airframe Total Time: 3538
180 hp Lycomming 0-360-A1A
Total time since Engine Overhaul: 713
Total time since Top Overhaul: 15
- (new Lycomming cylinders, due to AD on previous ECI cylinders)
Hartzell C/S propeller
Total time since Prop overhaul: 39

Dual Comm
406 ELT
Garmin GPSMAP 695
Zaon Flight Systems PCAS XRX - Portable Collision Avoidance System
Transponder with Mode C encoder
Nav122 ILS/VOR
GEM 602 Digital Engine Monitor
Digital Manifold pressure gauge
LED Nav lights
Landing Light Pulser

Interior 6/10
Exterior 6/10

This aircraft has been in my family for 25 years, therefore a long history of this aircraft is well known. The same AME has been taking care of this plane for 25 years. This aircraft has no damage history, and all AD’s are current. Annual was completed in June. New Lycomming Cylinders in June to comply with AD on former ECI cylinders. C/S Propeller was overhauled in 2016.

Contact me for more details or information.

Dan 705-796-6162
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