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Ten-Hi Flyers is a mature debt-free private flying club that was organized in 1956 and became a Colorado nonprofit corporation in 1961. Our purpose is to provide affordable pleasure flying opportunities in quality aircraft for 45 member-owners. We are flying a 1977 Archer (PA28-181), a 1980 Bonanza (F33A), and a 1988 Saratoga (PA32R-301) for dry rates of $44, $70, and $70 per hour, respectively. All three are well maintained, IFR equipped, and hangared with pride at Rocky Mountain Metropolitan Airport (BJC).

New members are elected when a vacancy occurs. They must be at least 21, and hold a private license. Membership exchanges take place within the corporation, and ownership obligations continue until members are replaced. Resigning members receive payment from our treasury for the value of their share after a new member joins our club. The current value of a Ten-Hi share is $3,240. First month's dues ($195), and a membership fee ($50) bring the total new member payment to $3,485. Members also support their club in various ways with personal time and talent. Those who cannot do so pay a "parity charge" of $5.00 per hour when flying our aircraft.

Our dues are "flyable". Dues payments are converted to flight credits which accrue without limit to pay for a member's flight time. (Flight credits cannot be transferred or assigned to others and have no cash value). Hourly rates increase by 20% if accrued flight credits are depleted. Member account statements are e-mailed monthly. Payments are due on the 20th of each month, and overdue at month end. A late charge is added to overdue accounts. Flying privileges are suspended if payments are more than two months overdue.

Our annual budget is based on a membership of 45 pilots, and is funded by our dues payments which cover all club expenses and fund our reserves for overhauls and aircraft exchanges. A yearly assessment of $90 is billed each July and our share value increases by that amount at that time. The proceeds augment our aircraft exchange fund.

Our maintenance budget is based on historical experience. Any surplus is kept in a maintenance reserve fund and used to offset maintenance overruns if they occur. Extraordinary expenses that exceed the sum of the maintenance budget and reserves will trigger an annual maintenance assessment.

Our aircraft are insured. Hull coverage is maintained at market value. The normal deductible is $1,000. Liability coverage is $1,000,000 per accident with sub-limits of $100,000 per person.

Scheduling and communication functions are provided by AircraftClubs.com. Scheduling rules provide reasonable access for all members, and impede excessive individual use of our assets. Time-building and frequent business flying is restricted. Participation in competitive events and use by nonmembers is prohibited. Shared expense trips are normal, but production of revenue for a member or his employer or associates is not allowed. Completion of a thorough club checkout in each aircraft and annual make/model proficiency checks are required. Our members must maintain 90-day make/model currency or participate in recurrent training.

Ten-Hi is not a rental club (an important distinction). We are a group of owners who enjoy proficient pleasure flying in our aircraft. Positions may be available for mature, competent pilots who will enjoy sharing our ownership pride, can contribute some time and talent to enhance our safety and success, and can sustain the financial obligation of owning their share of Ten-Hi Flyers.

If your qualifications, abilities, and aviation interests are similar to ours, please call:

Fred: 303-986-6121
or
Mike: 720- 936-4608
or
Email Us


7-2007