AERONCA L16 syndicate NO LONGER LISTED

We are forming a four-person syndicate for a rare and historic Aeronca L-16A Champ, and are seeking two additional members to complete the group. This aircraft is believed to be the only L-16A currently registered in the UK, and quite possibly one of very few original examples worldwide that genuinely served in the Korean War. A unique opportunity to own and fly a piece of living aviation history. Currently based at Abbots Bromley, South Staffordshire, though relocation could be considered to suit the syndicate. Aircraft Details Airframe total time: approx. 3,400 hours Engine: Continental C85 (fuel injected), 85HP Engine time since zero-time: approx. 450 hours 400 hours remaining on magnetos before inspection Fully refurbished between 2014 2018 Front seat solo flying capability A delightful, honest tailwheel aircraft with classic Champ handling characteristics. Costs Share price: circa 10,000 Monthly fixed costs: approx. 70 (insurance hangarage) Hourly rate: 50 dry (Insurance cost subject to pilot experience and hours.) Pilot Requirements While the Champ is a benign and forgiving aircraft, it is a taildragger, so tailwheel sign-off and appropriate experience are required.