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/teleclass_schedule.htm
About the Author Pat Redmond, Brighton,
Mi usa airplanenoise@airplanenoise.com
http://www.airplanenoise.com
Pat Redmond, helps business owners who
are tired of long lines and baggage claims,
fly their way to freedom! Enjoy dinner
with your family tonight! To learn more
about the General Aviation Business, sign
up for more FREE tips like these, visit
her site at http://www.airplanenoise.com
