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| | Flying club - Wikipedia, the free encyclopedia |
 | | Flying clubs are usually located at smaller airports in suburban or rural areas, away from the traffic of the world's major hubs. |
 | | In an equity flying club each member of the flying club owns a share of each airplane in the club, pays monthly dues to cover the fixed costs of ownership (hangar, insurance, annual maintenance, etc.), and pays an hourly rate to use the airplanes in the club. |
 | | In a non-equity flying club the members do not own a share of the aircraft, but may still pay an initiation fee (usually much smaller than an equity flying club), a monthly fee to help cover the fixed costs, and an hourly rate to use the aircraft. |
| en.wikipedia.org /wiki/Flying_club (436 words) |
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