Sharing a Piper PA-28-151

35 Piper PA-28-151s in the US are registered to co-owners who aren't married to each other — ranking #37 nationwide among all shared general aviation aircraft models (July 2026). Here's what those partnerships look like and what each partner actually pays.

Co-Owned Count

35

FAA Registry Data
National Rank

#37

Of 79 top shared models
Median Year

1975

Manufacture Year
Partnership Split

2 Owners: 31

3: 3 | 4: 1 | 5+: 0

Worked Cost Example: Piper PA-28-151

Direct operating cost for a 2-partner group — the most common Piper PA-28-151 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-320. 8.5 gal/hr at $6.75, plus $28k overhaul spread over 2000 hours, plus $10/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.

Fixed Monthly Overhead (Hangar + Insurance + Annual)$600/mo
Fixed Dues per Partner (2 partners)$300.00/mo
Operating rate (fuel + consumables)$67/hr
Engine reserve (TBO 2000 hrs)$14/hr
Total billed per hour$81/hr
Partner True Monthly Cost

$637.50 / 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-28-151 Cost Calculator

Where Piper PA-28-151 Aircraft Are Shared

The top US states with the highest concentration of registered co-owned Piper PA-28-151 aircraft:

Frequently Asked Questions

How many Piper PA-28-151 aircraft are co-owned in the US?

According to official FAA registry data as of July 2026, there are 35 co-owned Piper PA-28-151 aircraft registered in the United States, making it the #37 most popular shared aircraft model.

What is the typical partnership size for a Piper PA-28-151?

Of the 35 co-owned Piper PA-28-151 aircraft on the registry, 31 are held by two owners, 3 by three, 1 by four and 0 by five or more. Most Piper PA-28-151 groups therefore run with 2 partners, which is the split used in the worked example above.

What are the main states where Piper PA-28-151 aircraft are co-owned?

The top states for co-owned Piper PA-28-151 aircraft are California (6), Florida (3), Oregon (2), New Jersey (2), Massachusetts (2).

What should the hourly engine reserve be on a Piper PA-28-151?

The Piper PA-28-151 runs a Lycoming O-320. A field overhaul is around $28k against a 2000-hour TBO, which works out at roughly $14.00 per hour set aside. Partnerships that skip this end up asking each other for a four-figure cheque when the engine reaches TBO.