PPRuNe Forums - View Single Post - Purchasing and operating an aircraft under a company
Old 25th Jun 2012, 11:43
  #17 (permalink)  
tail wheel
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Money ‘in’ exceeding money ‘out’ is a concept that is lost on some aviation participants.
Hallelujah! A pilot that knows the difference between profit and loss!

.... may I suggest you investigate your self run superannuation entity, (if you can manage one in the legal sense), buying an aircraft for your business use.
Frank, I suspect that may be fraught with danger? I'm no Super guru but I suspect that like a trust, a self managed super fund can not trade at a loss and must achieve financial surpluses (profits). The last time I looked at a self managed fund, they weren't economically viable with equity less than around $400K.
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