Bonanza Five was founded in 1987 by 5 Bonanza lovers that wanted to own an A-36 model Beechcraft Bonanza but didn't want the hassle of sole ownership and wanted to share the burden with others. After one year of operation the club had a waiting list of prospects and so the club purchased a second A-36 and expanded to 10 members. 2022 marks 35 years of successful partnership.