Sharing a Piper PA-24-250
61 Piper PA-24-250s in the US are registered to co-owners who aren't married to each other — ranking #14 nationwide among all shared general aviation aircraft models (July 2026). Here's what those partnerships look like and what each partner actually pays.
61
FAA Registry Data#14
Of 79 top shared models1960
Manufacture Year2 Owners: 51
3: 6 | 4: 4 | 5+: 0Worked Cost Example: Piper PA-24-250
Direct operating cost for a 2-partner group — the most common Piper PA-24-250 arrangement on the registry — flying 100 hours a year between them. These are the costs of running the aircraft, not a club rental rate, which would add a margin on top.
Lycoming O-540. 13 gal/hr at $6.75, plus $42k overhaul spread over 2000 hours, plus $12/hr for oil, tyres, brakes and the prop fund. Check them against your own hangar, insurance and shop rates before using them for anything that matters.
$904.17 / partner / mo
Calculated at 50 hrs/yr per partner (8.3 hrs/mo total group flight time). Fixed dues cover fixed overhead, while flight hours bill exact operating time plus engine overhaul escrow.
Interactive Piper PA-24-250 Cost Calculator
Where Piper PA-24-250 Aircraft Are Shared
The top US states with the highest concentration of registered co-owned Piper PA-24-250 aircraft:
Frequently Asked Questions
How many Piper PA-24-250 aircraft are co-owned in the US?
According to official FAA registry data as of July 2026, there are 61 co-owned Piper PA-24-250 aircraft registered in the United States, making it the #14 most popular shared aircraft model.
What is the typical partnership size for a Piper PA-24-250?
Of the 61 co-owned Piper PA-24-250 aircraft on the registry, 51 are held by two owners, 6 by three, 4 by four and 0 by five or more. Most Piper PA-24-250 groups therefore run with 2 partners, which is the split used in the worked example above.
What are the main states where Piper PA-24-250 aircraft are co-owned?
The top states for co-owned Piper PA-24-250 aircraft are California (13), Arizona (8), Texas (5), Oregon (4), Ohio (4).
What should the hourly engine reserve be on a Piper PA-24-250?
The Piper PA-24-250 runs a Lycoming O-540. A field overhaul is around $42k against a 2000-hour TBO, which works out at roughly $21.00 per hour set aside. Partnerships that skip this end up asking each other for a four-figure cheque when the engine reaches TBO.