PPRuNe Forums - View Single Post - Advice on buying a B206 and leaseback schemes
Old 3rd Oct 2006, 12:20
  #35 (permalink)  
paco
 
Join Date: Nov 2000
Location: White Waltham, Prestwick & Calgary
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OK, then we seem to be at cross purposes! You would have to set up a formal business of some sort, though, because you would want it owned by a separate entity than the one operating it, for liability purposes. You would be very silly to own it personally. My comments (about cashflow, etc) were more towards other posters who seem to equate helicopters with property, because even for leaseback, 200K is not nearly enough. Well, not for a good jetbox, at least. I wouldn't want you to start on your project and fall flat on your face! Good luck whatever you do.

Phil
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