Organisation and Funding
The project is being run through the “Build-a-Plane Community Interest Company” – a not-for-profit business. The funding and financial risk are entirely covered by the volunteers. The project has not received any grants or donations.
When all the costs are counted, including the cost of the plane, tools, equipment, insurance and inspections it will cost over £40,000. The plan is to recover most of this by selling the plane. Any losses are guaranteed by the directors of the Build-a-Plane company.
The student plane builders are aware that in every session, they have the responsibility to build a high-quality product with no compromises or imperfections. The build is being documented to create a “project in a box” that can be used by any set of volunteers who want to give students at their local state school or college the same exciting experience.
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