CAN YOUR AIRPLANE MAKE YOU MONEY?
If you can view your airplane as a "tool" and you've got income
to support an airplane payment. . . a "leaseback" may be right
for you! A leaseback is an arrangement in which an individual
purchases an airplane and allows a flight school to manage and
operate the airplane in his or her flight school. Properly
structured, a "win, win, win" situation is created. Win #1: A
flight school, which is generally cash strapped can now attract
new students more effectively and be more competitive in the
market place while retaining capital for advertising and other
operating expenses.
Win #2: The owner of the airplane who has no other business use
for the airplane, now has legitimate business use and the
ability to depreciate the equipment and benefit from the tax
benefit that comes from this depreciation. This can be very
significant and the depreciation can be as much as 42% of the
aircraft value in the first year!
Win#3: The customer wins when he/she can learn to fly in a brand
new airplane (new airplanes are most profitable for a leaseback
due to the waranty) sporting equipment found in some of the best
corporate aircraft.
Evaluating the leaseback opportunity and creating a business
plan to determine if a leaseback is right for you is a step that
should not be done in haste. Visit www.airplanenoise.com to
request our free leaseback tools and tips including spreadsheets
that will help you build a model that will be successful and
profitable.
Link: http://www.airplanenoise.com eleclass_schedule.htm