Aircraft leasing
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Aircraft leasing
Apologies if this has been covered elsewhere - I have searched to see if I can find the answer with no luck.
I understand that leasing aircraft is more common either for airlines or flying clubs who may get a better leasing more than one but are there many (if any) organisations who will lease a single aircraft - say an Arrow, Bonanza, Saratoga, something like that? If so, what are the usual terms for leasing eg. term of lease, is the hourly rate reviewable, is there usually a premium to pay upon collection / delivery, are they usually new or used aircraft - and if used, are the usual full due diligence checks needed to be done ie. independent inspection etc. etc.?
Presumably, the cost depends on anticipated usage but can anyone who's done this give an indication of costs? i heard that for circa 200 hours p.a. an Arrow would be roughly £80p/hr ? I could have made this up becuase I can't remember where I heard it from though!
thanks.
I understand that leasing aircraft is more common either for airlines or flying clubs who may get a better leasing more than one but are there many (if any) organisations who will lease a single aircraft - say an Arrow, Bonanza, Saratoga, something like that? If so, what are the usual terms for leasing eg. term of lease, is the hourly rate reviewable, is there usually a premium to pay upon collection / delivery, are they usually new or used aircraft - and if used, are the usual full due diligence checks needed to be done ie. independent inspection etc. etc.?
Presumably, the cost depends on anticipated usage but can anyone who's done this give an indication of costs? i heard that for circa 200 hours p.a. an Arrow would be roughly £80p/hr ? I could have made this up becuase I can't remember where I heard it from though!
thanks.
While our group of 6 Jodel was out of action, over the summer, several years ago, I looked at this. There would have been no problem leasing, for serious hours building, but our previous group summer usage indicated that it would be too expensive. We did not fly enough.
Lease terms per month, with a minimum hours, to be payed whether you use them or not.
Check around, and see if you can make the terms pay compared to hiring.
Lease terms per month, with a minimum hours, to be payed whether you use them or not.
Check around, and see if you can make the terms pay compared to hiring.
