A fantastic opportunity to join an established nine-person syndicate operating a well-equipped and hangared Cirrus SR20 from Leeds East Airport.
The aircraft has just 348 hours since factory engine overhaul and benefits from a CAPS rocket and parachute replacement completed in 2023, taking care of one of the significant scheduled costs associated with Cirrus ownership.
Offering an excellent balance between performance and running costs, the SR20 cruises at approximately 143 KTAS while burning around 8.9 GPH. Two-up with baggage, endurance can reach approximately six hours, while four-up touring typically offers around two to three hours depending on loading.
The syndicate is friendly, established and takes aircraft care seriously, while maintaining good availability without the usual weekend booking pressure. Two CRIs are members of the group and can provide transition training, with extensive knowledge of both the aircraft type and its equipment.
The group also maintains a sinking fund of over £10,000, helping provide financial provision for future aircraft expenditure.
There is no fixed minimum-hours requirement, with insurance historically accommodating a range of pilot experience levels. Completion of the share purchase is subject to a satisfactory checkout with one of the group’s CRIs.
A capable and comfortable aircraft ideally suited to UK touring, European trips and pilots looking for Cirrus ownership without the higher acquisition and operating costs of an SR22.
