"St Louis Flying Club Newsletter"

St. Louis Flying Club Newsletter - 30 March 2012

From The President - By Pic

Dear Members,

Our old benevolent corporation has been dissolved and the club name has now been officially changed to St. Louis Flying Club, Inc. The only step left to do is to apply for our Federal Tax ID. I will be coordinating that with our Treasurer, Mike McBride. I haven't received the final bill from the lawyer yet.

Phil Self's requested approval of Brian Borton as a Check CFI to complete his Arrow Checkout and work on his Instrument rating. More than 2/3 of the members approved Brian as a Check CFI and I met with him at Spirit to familiarize him with the aircraft, avionics and systems. Brian's name and # were added to the bottom of the member list indicating that he is an approved check CFI, in addition to Todd, Dale and myself. Congratulations to Phil on completing his Arrow checkout this month.

Shiv completed his 2052nm round trip to the Bahamas last week (KSUS-KVLD-KORL-MYAM-KFPR-KORL-KGAD-KSUS). Shiv is working on a trip overview with photos and video for next months newsletter which should be very interesting.

The warm weather has been conducive to flying as long as you avoid the strong winds!

Happy Landings!

Pic

Treasurer's Report - by Mike McBride

Fuel prices at TACAir remained relatively stable for the month; however, analysis of fuel consumption on the two aircraft showed that we're running about 0.5 gallon per hour higher than has been factored into the hourly rate calculations (9.0 vs. 8.5 for the C172, and 11.0 vs. 10.5 for the Arrow). Adjustment for this consumption raised the hourly rate slightly this month, with rates at $78 and $103 for the C172 and Arrow, respectively.

Escrow balances are as expected at this point; treasury is strong at just under $1,500, but Adjusted Treasury (reflective of member overpaid balances) is slightly negative at ($500). This latter figure represents our "true" financial posture at this point in time; the figure includes the fuel purchases associated with the Feb-Mar flight time, but does not account for the flight charges for those hours (about $2,900 in charges due on this statement). Net overall is that we're in good shape from a treasury standpoint.

Just a reminder that all Limited memberships will need to convert to Full memberships by the end of this year. Please contact me if you have any questions about that conversion.

Fly safely!

Mike

Maintenance - by John

N20843

Oil Cooler Winterization Plate - With the warm weather coming early this year, the oil cooler winterization plate was removed on 12 March.

N2242N

LH Tire and Brake Disc - The LH Tire, tube, and brake disc were replaced on 10 March. The oil cooler winterization plate was also removed due to the warmer weather.
Annual Inspection - The annual inspection started on 30 March. After a short systems checkout flight, the compression test was done and the readings were excellent at 78, 79, 79, 79. The magneto timing an gear swing check were completed. A new longer oil cooler hose was installed as the previous hose was wearing against the oil filter. The rest of the annual inspection report will be in next months newsletter.

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