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Sharing a Piper PA-28-235

40 Piper PA-28-235s in the US are registered to co-owners who aren't married to each other — ranking #31 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

40

FAA Registry Data
National Rank

#31

Of 79 top shared models
Median Year

1967

Manufacture Year
Partnership Split

2 Owners: 33

3: 4 | 4: 2 | 5+: 1

Worked Cost Example: Piper PA-28-235

Direct operating cost for a 2-partner group — the most common Piper PA-28-235 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 $11/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)$750/mo
Fixed Dues per Partner (2 partners)$375.00/mo
Operating rate (fuel + consumables)$99/hr
Engine reserve (TBO 2000 hrs)$21/hr
Total billed per hour$120/hr
Partner True Monthly Cost

$875.00 / 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-28-235 Cost Calculator

Where Piper PA-28-235 Aircraft Are Shared

The top US states with the highest concentration of registered co-owned Piper PA-28-235 aircraft:

CA

California

5 sharedWI

Wisconsin

3 sharedGA

Georgia

3 sharedMN

Minnesota

2 sharedTX

Texas

2 shared

Frequently Asked Questions

How many Piper PA-28-235 aircraft are co-owned in the US?

According to official FAA registry data as of July 2026, there are 40 co-owned Piper PA-28-235 aircraft registered in the United States, making it the #31 most popular shared aircraft model.

What is the typical partnership size for a Piper PA-28-235?

Of the 40 co-owned Piper PA-28-235 aircraft on the registry, 33 are held by two owners, 4 by three, 2 by four and 1 by five or more. Most Piper PA-28-235 groups therefore run with 2 partners, which is the split used in the worked example above.

What are the main states where Piper PA-28-235 aircraft are co-owned?

The top states for co-owned Piper PA-28-235 aircraft are California (5), Wisconsin (3), Georgia (3), Minnesota (2), Texas (2).

What should the hourly engine reserve be on a Piper PA-28-235?

The Piper PA-28-235 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.