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<div class=Section1>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>I’m not sure it is going to be
possible to beat those numbers, Mike. The initial premise was that Eagle East
was going to bankroll most/all of the airplane cost by financing it for us. Once
we started to dig for the details, that turns out to be not the case. Worse,
the aircraft offered by Eagle East turn out to be problems – 976 has run
out engine and the 081 will be run out in less than a year. <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>If you simply want to fly cheap (and I
can understand that), then the Cub is a good deal for you. Cross country
or weekends in a Cub, however, might be problematic.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>Bob<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:"Tahoma","sans-serif";font-weight:bold'>From:</span></font></b><font
size=2 face=Tahoma><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>
eefc-core-bounces@workingcode.com [mailto:eefc-core-bounces@workingcode.com] <b><span
style='font-weight:bold'>On Behalf Of </span></b>Mike Lysik<br>
<b><span style='font-weight:bold'>Sent:</span></b> Thursday, April 16, 2009
8:48 PM<br>
<b><span style='font-weight:bold'>To:</span></b> Eagle East Flying Club Core
Team<br>
<b><span style='font-weight:bold'>Subject:</span></b> Re: 081 calculations<o:p></o:p></span></font></p>
</div>
</div>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<div>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:"Arial","sans-serif"'>I'm still having trouble justifying the cost
with our numbers. I can fly 976 for $115 or $120 per hour...I can't
remember what the exact price is. I fly approx. 25 hours per year(I'd
like to do more and I know that's where the savings is). So at $120 per
hour, 25 hours the yearly cost is: $3000. 081 will cost me 60/mo + 65 per
hour(2 hrs/month) + 1500 up front = 4500 for the first year, and then $3125/yr
after that. I know it's only $1500 + $125 per year, but it's still going
to cost me more, and the goal in researching the club was to find a way to fly
for less money. Another option...you can rent a cub in hampton for
$80/hr., no upfront costs involved.</span></font><font size=3
face="Times New Roman"><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt;font-family:"Times New Roman","serif"'> <o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:"Arial","sans-serif"'>Keep me on the list, as I would really like
to offer help, but I'm going to say no at this point.</span></font><font
size=3 face="Times New Roman"><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt;font-family:"Times New Roman","serif"'> <o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:"Arial","sans-serif"'>Thanks,</span></font><font size=3
face="Times New Roman"><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:"Arial","sans-serif"'>Mike</span></font><font size=3
face="Times New Roman"><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></font></p>
</div>
<blockquote style='border:none;border-left:solid black 1.5pt;padding:0in 0in 0in 4.0pt;
margin-left:3.75pt;margin-top:5.0pt;margin-right:0in;margin-bottom:5.0pt'>
<div>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:"Arial","sans-serif"'>----- Original Message ----- <o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal style='background:#E4E4E4'><b><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:"Arial","sans-serif";font-weight:bold'>From:</span></font></b><font
size=2 face=Arial><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>
<a href="mailto:steve@media-phile.com" title="steve@media-phile.com">Steve
Gordon</a> <o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><b><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";font-weight:bold'>To:</span></font></b><font
size=2 face=Arial><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>
<a href="mailto:eefc-core@workingcode.com" title="eefc-core@workingcode.com">'Eagle
East Flying Club Core Team'</a> <o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><b><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";font-weight:bold'>Sent:</span></font></b><font
size=2 face=Arial><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>
Thursday, April 16, 2009 2:17 AM<o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><b><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";font-weight:bold'>Subject:</span></font></b><font
size=2 face=Arial><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>
RE: 081 calculations<o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></font></p>
</div>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>I vote yes on 081 at this cost
structure.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:"Tahoma","sans-serif";font-weight:bold'>From:</span></font></b><font
size=2 face=Tahoma><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>
<a href="mailto:eefc-core-bounces@workingcode.com">eefc-core-bounces@workingcode.com</a>
[mailto:eefc-core-bounces@workingcode.com] <b><span style='font-weight:bold'>On
Behalf Of </span></b>Bob Irving<br>
<b><span style='font-weight:bold'>Sent:</span></b> Wednesday, April 15, 2009
11:21 PM<br>
<b><span style='font-weight:bold'>To:</span></b> 'Eagle East Flying Club Core
Team'<br>
<b><span style='font-weight:bold'>Subject:</span></b> RE: 081 calculations<o:p></o:p></span></font></p>
</div>
</div>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>Ok – correction<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>15 members<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>Initial cost= 1500<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>Monthly = 60<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>Hourly = 65<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>I’m not sure that everyone has
your latest version of the spreadsheet but it’s easy to correct. Your
version also assumes we will go the full 400 hrs before needing a new engine.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:"Tahoma","sans-serif";font-weight:bold'>From:</span></font></b><font
size=2 face=Tahoma><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>
eefc-core-bounces@workingcode.com [mailto:eefc-core-bounces@workingcode.com] <b><span
style='font-weight:bold'>On Behalf Of </span></b>Steve Gordon<br>
<b><span style='font-weight:bold'>Sent:</span></b> Wednesday, April 15, 2009
10:39 PM<br>
<b><span style='font-weight:bold'>To:</span></b> 'Eagle East Flying Club Core
Team'<br>
<b><span style='font-weight:bold'>Subject:</span></b> RE: 081 calculations<o:p></o:p></span></font></p>
</div>
</div>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>I got different numbers from the
spreadsheet. See attached (at 15 members). The numbers I came up
with (not rounded) are as follows:<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=285
style='width:214.0pt;margin-left:-1.15pt;border-collapse:collapse'>
<tr height=17 style='height:12.75pt'>
<td width=193 nowrap height=17 valign=bottom bgcolor=lime style='width:145.0pt;
border-top:solid windowtext 1.0pt;border-left:solid windowtext 1.0pt;
border-bottom:none;border-right:none;background:lime;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:"Arial","sans-serif"'>One Time Cost:<o:p></o:p></span></font></p>
</td>
<td width=92 nowrap height=17 valign=bottom bgcolor=lime style='width:69.0pt;
border-top:solid windowtext 1.0pt;border-left:none;border-bottom:none;
border-right:solid windowtext 1.0pt;background:lime;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>$1,446.67<o:p></o:p></span></font></p>
</td>
</tr>
<tr height=17 style='height:12.75pt'>
<td width=193 nowrap height=17 valign=bottom bgcolor=lime style='width:145.0pt;
border:none;border-left:solid windowtext 1.0pt;background:lime;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:"Arial","sans-serif"'>Monthly Dues:<o:p></o:p></span></font></p>
</td>
<td width=92 nowrap height=17 valign=bottom bgcolor=lime style='width:69.0pt;
border:none;border-right:solid windowtext 1.0pt;background:lime;padding:0in 5.4pt 0in 5.4pt;
height:12.75pt'>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>$50.63<o:p></o:p></span></font></p>
</td>
</tr>
<tr height=18 style='height:13.5pt'>
<td width=193 nowrap height=18 valign=bottom bgcolor=lime style='width:145.0pt;
border-top:none;border-left:solid windowtext 1.0pt;border-bottom:solid windowtext 1.0pt;
border-right:none;background:lime;padding:0in 5.4pt 0in 5.4pt;height:13.5pt'>
<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:"Arial","sans-serif"'>Rate Per Hour:<o:p></o:p></span></font></p>
</td>
<td width=92 nowrap height=18 valign=bottom bgcolor=lime style='width:69.0pt;
border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;
border-right:solid windowtext 1.0pt;background:lime;padding:0in 5.4pt 0in 5.4pt;
height:13.5pt'>
<p class=MsoNormal align=right style='text-align:right'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>$60.30<o:p></o:p></span></font></p>
</td>
</tr>
</table>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'>-Steve<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color="#1f497d" face=Calibri><span
style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></font></p>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:"Tahoma","sans-serif";font-weight:bold'>From:</span></font></b><font
size=2 face=Tahoma><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>
eefc-core-bounces@workingcode.com [mailto:eefc-core-bounces@workingcode.com] <b><span
style='font-weight:bold'>On Behalf Of </span></b>Bob Irving<br>
<b><span style='font-weight:bold'>Sent:</span></b> Wednesday, April 15, 2009
9:31 PM<br>
<b><span style='font-weight:bold'>To:</span></b> 'Eagle East Flying Club Core
Team'<br>
<b><span style='font-weight:bold'>Subject:</span></b> 081 calculations<o:p></o:p></span></font></p>
</div>
</div>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>In
very round numbers 081 would cost as follows; This assumes we plan for a 20,000
overhaul very soon… probably within the first year.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>Please
carefully check my numbers using the calculator and let me know if you are
interested or not interested. No sense prolonging the agony or speculating. <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>10
members<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>Initial
= 2600<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>Monthly
= 100<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>Hourly
= 75<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>15
members<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>Initial
= 1800<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>Monthly
= 70<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'>Hourly
= 75<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p>
<div class=MsoNormal align=center style='text-align:center'><font size=3
face="Times New Roman"><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>
<hr size=2 width="100%" align=center>
</span></font></div>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt;font-family:"Times New Roman","serif"'>_______________________________________________<br>
eefc-core mailing list<br>
eefc-core@workingcode.com<br>
https://www.workingcode.com/mailman/listinfo/eefc-core<o:p></o:p></span></font></p>
</blockquote>
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