Jun 20th

Sign Petition for fair representation of trike pilots

By Rizwan Bukhari

 

www.change.org/petitions/faa-610-sos-save-our-sport-open-pilot-representation-in-lightsport-rule-making

 

I think this warrants a blog space. I read this petition and signed it because among many things, it asks for fair representation of pilots. This is your chance to do so as well. It is one thing to sit out and do nothing about an Issue or you can after reading the petition (if you agree with the message) support it. I think in all important decisions that impact our sport, all of us should have a fair representation.

 

Rizwan

May 18th

Tips and tricks of setting up a wing

By Rizwan Bukhari

Today as I attempted on setting up my new wing, I found it very challenging to secure the last 4 or 5 battons with the cord (bungee). Is there a tip to make it easier. I thought of disconnecting the strut where it attaches the cross bar so the wing has a bit more play but I was not sure if that would be a good idea. Do you have any tips.

My Manta wing just like the Northwing I use to have does NOT have a bungee to secure the battons but it is a little cord or rope. Bungee would have made it easier.

Regards,

Rizzy

 

May 5th

How do you short pack a wing?

By Rizwan Bukhari
Hi everyone,

I bought a new wing and my 19 meter strut wing has to go. I wanted to know how do you short pack a wing.

Has anyone short packed a 19 meter wing, how long of a crate do you need for that. The wing crate I have is about 18 feet by 1 foot by 1 foot. Would that be a big enough crate for a 19 meter wing? If you have pictures that show how to short pack the wing, I would really appreciate that.

Regards,

Rizzy
Apr 10th

Financing your trike

By Rizwan Bukhari
All of us dream about flying and owning our own trike. Some of us already own a trike but are thinking about owning another trike but other than our significant others, the biggest hurdle is finances, so I wanted to help ease your worry about the finances and if you want I can talk to your significant other and convince her too.

By profession I am a banker, loan officer and investment broker with the Wells Fargo bank. Recently I became an authorized representative for Ace Trikes USA. My desire to become a representative was for two reasons, one I believe that Ace Trikes offers a great aircraft that is about 6k or more cheaper than a comparable trike made here. Secondly at 13,000 dollar for the complete trike, it is a very easy trike to finance without taking much risk.

So what are the options? The best option for cheaper trikes in my opinion is either an Unsecured Loan or Line of credit. Loan and lines are very similar when it comes to the interest rate compounding but there are few differences as follows.

Unsecured Loan: No risk to you since no collateral is required, fixed interest rate and a five year (60 month) max term. No fee. No prepayment penalty. Decision in two hours

Unsecured Line of Credit: No risk to you since no collateral is required, variable interest rate (due to our crappy economy the interest rates haven’t really changed on the line of credits in the last three years). A line of credit is good for 10 years. There is a 25 dollar annual fee. Decision in two hours. Your minimum payment is 1 percent of what your borrowed + interest. There is NO prepayment penalty. So, for example, Ace trike at 13,000 dollars. Your minimum payment will be 130 dollars plus interest. In my opinion this is one of the best routes to go because for a small monthly payment you could own a second trike for soaring.

Portfolio loan or line of credit: If, you wanted to further reduce the interest rate, you could go this route. In this scenario you put money in the cd and borrow against your own money. Great option for someone who has some money saved that they are not planning on using any time soon but would rather keep their savings. There is NO prepayment penalty.

Home equity loan or line: This is NOT the ideal option for inexpensive trikes but might be a good option for E-LSA or S-LSA trikes. Money is secured against your house. Interest rate is the lowest. I booked a Home Equity line few weeks ago and the interest rate came at 3.87, which I think was great considering that the US Prime rate is 3.25 (this is the rate below which the bank won’t lend money). Home equities can take up to 4 weeks to book and have an annual fee of 75 dollars, which is waived the first year. If you pay off the home equity line before three years there is a penalty.

My prediction is that in the coming quarters the rates will go higher because the feds haven’t raised the rates in the longest while and what goes down must go up.

I hope this helps you in understanding how financing works and if you need my help in financing the Ace trike or any other trike, you are more than welcome to get in touch with me at rizzywizzy@yahoo.com or you can send me an email at my work address Rizwan.Bukhari@wellsfargo.com or call me 208-713-1844 cell

P.S. The loan or line approval depends on a lot of things including but not limited to your credit score, debt to income ratio. etc. Also different banks have different rules and fees, this article is just to give you a basic idea, you should consult with your bank or contact me if you need my help. Rizzy

Mar 30th

Aerotryk ss 103 Trike

By Rizwan Bukhari
206.jpgHi everyone,

I just waned to let all of my friends know that I am Idaho dealer for a new trike Aerotryk ss, which is a 103 trike offered by Ace Trikes USA. This trike has many features that make it very special. First is the price. The complete trike is 12,999 (more info on my website www.skyboundsports.com ).

STANDARD SPECIFICATIONS & FEATURES Picture STANDARD features on all of our ready- to-fly AEROTRYK ss aircraft: -aircraft-grade, anodized aluminum frame and hardware - Rugged wire-braced structural tube landing gear for increased off-field capability and durability - Impressive pilot/gear weight capacity of 255LBS, even with a full fuel tank! - In-Flight Trimmer system (FAR 103 Weight shift trike EXCLUSIVE) - Large tires and aluminum alloy wheels, no plastic junk and wheel barrow tires! - Dual throttle setup… One foot operated and one hand operated “cruise control” - 4 point seat belt with aero style release buckle - One of the most comfortable seats in its' class - Large integrated Side bags for carrying gear and supplies (Approx. 22 liters of storage) - ULTRA PROP brand composite 3 blade propeller or optional GSC 2 blade wood prop - The 34HP Simonini MINI 3 engine - High quality front brakes - 5 Gallon fuel tank, with external filler neck. Perfect size for XC flying - ELECTRIC START - Instruments: CHT, EGT, Tach/hour meter, HALL airspeed indicator - High performance, yet docile wing with a wide speed range for slow flying and faster XC flying - High quality, fully machined hang block with oversized fasteners and safety strap - Folding mast and main frame tube for easy rigging, disassembly, and portability - Adjustable length front fork mount for different size pilots (4" adjustability) - Simple, yet sophisticated modern design and colors Where else can you get that many high quality parts, standard features, and performance for $12,999?* … Oh and did we mention immediate availability?** No, it’s not a dream… it’s what’s new in personal aviation. CONFIGURATION AND SHIPPING OPTIONS: PLEASE NOTE... ALL LISTED PRICES ARE IN U.S. DOLLARS AND DO NOT INCLUDE SHIPPING OR TAXES (If applicable) - STANDARD RTF AEROTRYK ss ... $12,999.00 (Nationwide, NO-HAGGLE price) - TRIKE AND WING ONLY, NO ENGINE ... $9,299.00 -

For more information visit my web site www.skyboundsports.com

Thanks,

Rizzy
208-713-1844


Mar 2nd

Packing a wing for shipping

By Rizwan Bukhari
Hi all,

I have a customer interested in buying my 19 meter wing (the deal is not final yet) but we have figured out shipping options. Now the bigger problem is packing the wing. I don't want to do the crate. And I was thinking of using a PVC sewer pipe but when I search online they are not cheap either. They can cost anywhere between 30-70 dollars a foot. Buyer is paying for shipping material cost but I want to keep the buyers cost as less as possible. Any ideas where I can get these pipes for cheap or any other ideas what to use to pack the wing?

thanks,

Rizzy

P.S. If anyone is driving from Idaho to Miami and won't mind carrying this wing, please let me know. I will pay you a fair price for it.
Dec 20th

How to ship the wing across the country

By Rizwan Bukhari

Someone in Florida is interested in buying my wing. I live in Idaho. Does anyone know a way to ship a wing that distance and make sure it makes it in one piece?

Regards,

Rizzy