A Piper PA46 partnership is being formed in the San Antonio area. Two to three partners are being sought to purchase either a Piper PA46-310P Malibu or a ’90s model Piper PA46-350P Mirage.
The Piper PA46 Malibu is the original Piper PA46 airframe. It is equipped with a Continental TSIO 520, 310HP engine (though many have been upgraded to the Continental TSIO 550C engine, which is a great upgrade), is complex, and pressurized (the best feature about the airplane!). The six seat airframe travels around 185-190 KTAS at FL200 on 16-17 GPH, giving an incredible range with 120 gallons of fuel.
The Piper Mirage is what Piper designated the PA46 when it switch to the Lycoming TIO 540 350HP engine in 1989. The airframe remained the same, but the engine eeks out a few more KTAS at 22-25 GPH depending on how high the cruise altitude is.
Both the Piper Malibu and the ’90s model Mirage are equipped with the KFC 150 autopilot. A lot of the Piper PA46 airframes still have a Garmin 530W/430W or dual 430Ws, but a large number have been upgraded to the Garmin GTN 750/650, while a few have opted for the Avidyne IFD 540/440 GPS units. There are a fair number still with steam gauges, while some have upgraded to Aspen units or the Garmin G500 or G500TXi.
If you are located in the San Antonio area and interested in a 3-4 way partnership on a Piper PA46, please Contact Us. The purchase price will be between $300,000-$450,000, so only interested parties that can afford a budget of $100,000-$150,000 please.
The plane will be based at Stinson Field (KSSF) or New Braunfels (KBAZ).