The aircraft owner has access to the plane anytime it is not scheduled for use. The owner just has to look ahead a bit and put there name on the schedule if the plane is wanted at specific times. An example would be that the owner can have the plane every other Saturday from 8am to noon if chosen. Without getting into all the details, all maintenance and other fixed costs are built into the hourly rental amount. When the owner has the plane the maintenance costs are not collected as the owner only pays for the fuel used. The owner then has to make up for the lost maintenance income for the hours of there use. To keep the math simple, say all costs are collected in ten hours of use. Should the owner have the plane for one hour, then one tenth of the maintenance costs are deducted from the owner's revenue income. In this case ninety percent of the aircraft maintenance is paid by others.
Ed Snyder
----Original Message----- How do you get to use the plane if it is leased to a school and they are in charge of scheduling the plane for their students? How would the mantainence be taken care of if the owner is also using the plane?
From: jimmyg51147
Sent: Aug 28, 2009 6:23 AM
To: Sport_Aircraft@yahoogroups.com
Subject: Light-Sport Aircraft Yahoo group Re: Leaseback
> It allows many people to own a factory new plane that they otherwise
> could not afford.
>
> Helen
>
> jimmyg51147 wrote:
> > I am having a hard time understanding why anyone would leaseback to a flight school and have the crap beat out of their new plane by students. Please expain how this could be good. I am not being a smart a**. I just don't understand.
> >
> >
> >
> > ------------
> >
> > Yahoo! Groups Links
> >
> >
> >
> >
> >
> >
>
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