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fleet
Cessna 150
Piper Cherokee 160
Piper Cherokee 160
Cessna 150 is the ultimate training aircraft, with a mere 4 gal/hr fuel consumption 26 Gallon tanks its a fun commuter for short to medium trips and all around weekend flyer!
Piper Cherokee 160
Piper Cherokee 160
Piper Cherokee 160
The Piper Cherokee 160 is arguably one of the greatest aircraft ever made by Piper, boasting a roomy interior a baggage compartment and a Short Takeoff Landing (STOL) kit giving our Cherokee 160 incredible boost in performance.
WHAT ARE THE PROS AND CONS OF AIRCRAFT LEASEBACK?
The Pros:
- Your fixed costs (tie down, insurance) are typically paid for.
- Fly the aircraft for less than the cost of renting an identical one.
- You may use the aircraft for the cost of fuel alone (typically around $50-75/hr).
- You will gain equity in an aircraft as it works, often paying for an aircraft completely in 4-5 years of service.
- Potential for excellent positive cash flow.
- Significant accelerated depreciation tax credits.
The Cons:
- Poor airframes may generate maintenance “surprises” to the tune of many thousands of dollars to repair.
- Flight Training service is rigorous and will accelerate wear on the aircraft. Many of our planes fly 200 hours per year or more.
- You’ll have to schedule your flights in the aircraft just like any other renter. You’ll lose the flexibility of flying your airplane whenever you want.