1991 Custom Bluewater Cruiser by Elephant Boatyard UK Fly Ian Howlett Aerorig

A self-sufficient blue water expedition yacht, REV FLY is ideally suited for cruising remote regions of the world. Built to an exceptionally high standard with a focus on reliability and redundancy of systems from the start, this attention to detail has been maintained throughout her life. All major systems are fully backed up with secondary independent systems.

Launched in 1991, FLY has proved to be ideally suited for short-handed offshore cruising in extreme comfort. She has completed several transatlantic crossings, two single-handed. The unique rig design and powerful propulsion and thruster system facilitate exceptionally easy maneuvering in close quarters.

The offer is for a co-ownership interest in this small superyacht. Why charter when the cost of co-ownership is considerably lower? Each of the co-owners will have four weeks per year under their direction and options for additional weeks on passages and expeditions. Cruising grounds will change each season. Our plans for the next five years include expeditions to the islands in UK, Norwegian Fjords, Iceland, Greenland. Summers in the Mediterranean and winters in the Caribbean.

Ownership rights will be conveyed as shares in a for-profit corporation. Co-ownership shares will consist of rights to use of Fly for 4 weeks each year. Two weeks will be offered in the prime season, and two in the shoulder seasons. Scheduling of weeks will be managed by a corporate administrator with a rotating order of priority using a shared online schedule in order to ensure fairness for all owners. Each of the co-owners will have a specified number of shares in the corporation that is holding the Fly, and owners will have voting rights in the management of the corporation at regularly scheduled online meetings.

This offer represents significant advantages over chartering a boat similar to Fly. The cost to charter a 70’ sailboat $15-20K per week and is restricted to coastal cruising. Co-ownership in Fly will pay for itself in less than two years and will provide opportunities for rea expeditions.

Equipment: The design and build of Fly is of the highest quality. The original cost was over 2.1M. Replacement cost is nearly triple that. The raised areas in the ceiling give light below from multiple directions, giving Fly a very open and airy feeling throughout.

Specifications LOA 21.34m (70) LWL 17.68m (58) Beam 5.49m (18) Draft 3.51m (116) Displacement 48000kg (50 tons) Main Engine MTU 240hp (rebuilt 12 hours ago) Two generator engines Hydraulic rotating bowthruster can provide auxiliary power fore and aft. Drinking Water Capacity 750 gallons Hull Construction West System composite epoxy with several layers of fiberglass inside and outside of 1.75 of Western Red Cedar strip planked core. Electric winches Freestanding carbon aerorig Hood Vectran sails Full heat and AC Grunert fridge and freezer Four heads with showers and one with bath. Crew quarters with workbench. Separate companionway entrance from forward deck from crew quarters. Very useful in large seas and weather.