Bristell Shares – $140/Month And $50/Hr For A 2015 Bristell

July 21 Embargo

Bristell Aircraft has introduced a new innovative share program for their Luxury Light Sport Aircraft. Designed for pilots, the program makes flying a brand new aircraft available for about the same cost as renting a 40 yr old Skyhawk.

Outlining the share program company president Lou Mancuso said “this program is offers shared ownership, share financing, aircraft management and operator training all from one organization. Bristell is unique as we own the aircraft and underwrite the shares.” Aircraft shares are available in quarter, eighth and sixteenth increments. Each share package comes with a defined number of hours per year. A sixteenth share entitles a shareholder to 30 hours at the discounted hourly wet rate of $55/hr. An eighth shareholder is entitled to 60 hours at the discounted $55/hr rate.

Extra hours available at $125/hr wet

Bristell shares can be financed. Sixteenth shares are available for $140 per month, no money down. The first six months is on a trial basis and the buyer can opt out at any time. After the six month trial, the monthly payment goes towards a fully amortized 14 yr loan at 8.2% APR. Monthly payments remain the same. The buyer may pay down their loan balance without penalty at any stage during the loan term. The hourly operating rate for a fully paid share is only $67/hr.
 
The second innovative component of this program is the training provided by Bristell. Their PLC (Personal Limitations Checklist), GPA (Ground Proximity Awareness) and DFGAP (Defined Go-Around Point) training under their “Landing Doctor” syllabus is perfect for those transitioning to LSA’s. “I’ve been involved in LSA since the very beginning and our Landing Doctor syllabus is a result of all the lessons we’ve learned about LSA in those 10 years. Ten years of data shows that LSA incidents are concentrated around loss of control in the landing or take-off phases.” Mancuso continued “this program is designed to make pilots ‘masters and commanders’ of these lightly wing loaded aircraft, particularly while performing crosswind takeoffs and landings. LSA’s are fun but you got to know how to fly them”.
 
Hangar and insurance are billed annually in advance. At an airport with a $325/month hangar fee, the yearly dues on a sixteenth share are $500. All in, including hangarage, insurance and financing, the hourly rate works out at $123/hr, comparable to 40 yr old Skyhawk rental in most major metropolitan areas. If the shares are purchased outright, the cost falls to $67/hr. “This program puts new aircraft, the latest and greatest avionics and advanced auto-pilots in the hands of ordinary pilots. We expect huge interest in the program”, crowed Mancuso.

Bristell Shares are currently available in Islip NY, Lancaster PA and The Villages, FL. Bristell will supply an aircraft to a new airport once the sale of more than 50% of the aircraft is assured. Bristell has the capacity to place six aircraft per year in the Bristell Shares program. Airports with significant interest include Centennial Airport in Denver, Addison Airport in Dallas, Falcon Field in Arizona and airports in California. Aircraft in the program are Garmin G3X Touch equipped with auto-pilots. 

Bristell Aircraft are designed specifically for the big and tall American Aviator. Wider than a Cirrus and faster than a Skyhawk, Bristell redefines affordable personal FUN flying. Backed by the longest standard warranty in its class, Bristell offers an ownership experience that is the envy of the market segment with the highest level of quality, fit and finish available on the market.

(Images provided by Bristell Aircraft)

FMI: www.bristellaircraft.com