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Old 23rd Oct 2018, 19:37
  #4495 (permalink)  
Mike Flynn
 
Join Date: Feb 2016
Location: S.E.Asia
Posts: 1,762
Owner and operator are not the same.

However Bird in a Biplane is a UK limited company.

If the company folded the aircraft is not part of the assets.

This is quite normal in aircraft leasing which appears to be the case here.

The cost of leasing can also be offset against profits.


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