Friday, August 28, 2009

Re: Light-Sport Aircraft Yahoo group Re: Leaseback

Maintenance!

>
> What's mx?
>
> > As you probably know, we are putting together a seaplane club at my
> > school. The club will pay the purchase price of the plane and own the
> > plane and lease it back to the school. Club members can use the plane
> > whene ever they like (insurance companies won't allow rental of
> > seaplanes to regular renters), have no maintenance or insurance costs
> > (the two biggies for seaplanes that are in this case covered by the
> > income the school makes on the plane), no mx management worries, and the
> > school gets to add this super cool plane to the fleet without having to
> > find $100K in cash. Win win if you ask me.
> >
> > Helen


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