Originally Posted by
Twin Wasp
Be VERY careful how you phrase that. If they're setting the schedule, you're moving into commercial ops. And the regs say you have to pay your share of the costs. So if it's 50 an hour dry and 25 for fuel, you'd each have to pay 37.50.
§ 61.113 Private pilot privileges and limitations: Pilot in command.
(c) A private pilot may not pay less than the pro rata share of the operating expenses of a flight with passengers, provided the expenses involve only fuel, oil, airport expenditures, or rental fees.
That reg seems to be a bit more definitive than it was 30 years ago. Still seems like you could get a four seater, that rents for $100 an hour, for $25 if you got three friends to go with.
Also, cash is king
