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Old 11th November 2002 | 21:44
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drauk
 
Joined: Sep 2002
Posts: 778
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From: London, UK
Aircraft leaseback

Anybody have any experience of buying a "simple" four-seater (an AA5B for example) and then availing themselves on the leaseback option offered by some flying schools? The argument about letting people with only a dozen hours experience fly it solo aren't so relevant because this wouldn't be used by PPL students.

Leaseback seems like one way of getting the aircraft's utilization up to make owning a little cheaper. Renting doesn't really work for me because I want to fly an aircraft at short notice, take it away on multi-day trips and have a good avionics fit. Group ownership is a possibility though I've not been able to find one available locally in an IMC capable plane with few enough owners to allow me the kind of access I've listed. Owning outright with no leaseback is an option, but as I would be unlikely to reach even 100 hours a year which makes it a more expensive proposition per hour flown.

As an alternative to leaseback, how feasible is renting out privately, assuming the plane is on a public certificate?
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