Flight Safety Report

[David-aviator]

A SR-22 on IFR flight plan, went down yesterday.
No word on the cause at this time....dd


IDENTIFICATION
Regis#: 665CD Make/Model: SR22 Description: SR-22
Date: 12/01/2006 Time: 0044

Event Type: Accident Highest Injury: Fatal Mid Air: N Missing: N
Damage: Destroyed

LOCATION
City: CHARLOTTE State: NC Country: US

DESCRIPTION
AIRCRAFT CRASHED ON APPROACH TO RUNWAY 18R, UNKNOWN CIRCUMSTANCES,
CHARLOTTE, NC

INJURY DATA Total Fatal: 1
# Crew: 1 Fat: 1 Ser: 0 Min: 0 Unk:
# Pass: 0 Fat: 0 Ser: 0 Min: 0 Unk:
# Grnd: Fat: 0 Ser: 0 Min: 0 Unk:

WEATHER: SP - 0012Z 16013KTS 10 SM, BK 008 0VC 015, 19/17 A 3010

OTHER DATA
Activity: Pleasure Phase: Landing Operation: OTHER

Departed: PDK Dep Date: Dep. Time:
Destination: CLT Flt Plan: IFR Wx Briefing:
Last Radio Cont:
Last Clearance:

FAA FSDO: CHARLOTTE, NC (SO33) Entry date: 12/01/2006

 

[gmcjetpilot]

Fractional AirShares Elite

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AirShares Elite Cirrus Down In CLT

Original Aero-News Report: ANN has learned that the popular AirShares Elite GA Fractional program has experienced its first major accident as a 2006 SR22, N665CD, went down while attempting an arrival in Charlotte-Douglas Airport ahead of inclement weather. The 4 place Cirrus went down in a heavily wooded area near Allison Ferry Rd., with only one confirmed POB, who was declared dead at the scene.

According to AirShares data, the company, 'AirShares Elite' began a "pilot-focused" program in 1999. In December 2000, AirShares acquired its first four aircraft and began to market them from Atlanta's McCollum Airport (KRYY). AirShares initially selected Cessna Aircraft products (prior to their adoption of the modernized G1000 cockpit), but switched over to the updated Cirrus line after sales of the program failed to achieve the levels they expected.

An initial search of NTSB records shows that the program has thus far compiled what appears to be a pretty solid safety record... only one other documented incident shows up in which a Cirrus SR22, N723CD, had an engine fire shortly after takeoff, and the nose landing gear collapsed during an emergency landing in November of 2004, at Falcon Field, Peachtree City, Georgia
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Fractional ownership of GA planes, interesting. I am sure with new Cirrus aircraft its not cheap. One set of sample numbers I saw was for an 1/8th share, which gets you 75 hours/ 21 overnights, $64,000, than $825/month management fee, hourly cost is $95/hr wet (based on $4.50/gal). Not sure how it really works but it makes RV's look cheap. For a 75 hour year that is 12x825+75x95=$17,025. That works out to $227/hr! You can roll over 25 hours to next year; Sale of plane you get your share back, I assume depreciated.