Syndicate shares and statements
How a syndicate holds shares in an aircraft, how fixed and hourly costs split between shareholders, and what each member's statement shows.
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A syndicate is a small group who own an aircraft together. The money question is always the same: who pays for what. FlyerOS answers it by holding the shares and splitting the costs the way a syndicate actually agrees to.
Shares in the aircraft
Each shareholder holds a share of the aircraft. That share sets how the fixed costs divide: the ones that fall whether the aircraft flies or not, like insurance, hangarage and the annual. A quarter-share pays a quarter of the standing costs, and the split is held as data rather than worked out by hand each month.
Fixed costs and hourly costs
Fixed costs divide by share. Hourly costs follow the flying: a member who flies more pays more of the fuel, the reserves and anything else that scales with hours. Keeping the two apart is the whole point, and FlyerOS keeps them apart so no one is subsidising another member's hours through the standing charge.
Each member's statement
A shareholder sees a statement of their own position: their share of the fixed costs, their own hourly charges, what they have paid in, and where they stand. Because it is built from the flights and the shares already in the system, the statement is a view of the truth rather than a document someone assembled.
When a share changes hands
If a share is sold or transferred, you update the holding and the splits follow from the new shares. The history stays with the aircraft, so the record of who owned what, and when, is intact.