People buy for emotional reasons and justify their decisions with whatever logic they can find or create, no matter how ridiculous.
So you want to buy an airplane! What’s stopping you? Perhaps I can list a few things:
1. My spouse doesn’t fly and doesn’t support my flying habit.
If you can view your airplane as a “tool” and you’ve got income to support an airplane payment. . . a “leaseback” may be right for you! A leaseback is an arrangement in which an individual purchases an airplane and allows a flight school to manage and operate the airplane in his or her flight school. Properly structured, a “win, win, win” situation is created.
Win #1: A flight school, which is generally cash strapped can now attract new students more effectively and be more competitive in the market place while retaining capital for advertising and other operating expenses.
Like many people, I have been glued to the television or regularly pulling up the latest online reports about the devastation in the wake of Hurricane Katrina. Whose heart hasn’t been torn out and stomped on by some of the saddest tales of woe? I know mine has! As powerless as we may feel at times there are things we can do to help and not hinder the Gulf region. Let’s take a look at a few of them.
The vacation rental villas in the Kissimmee and Orlando area experience an upturn in renters around this time every year, with those magnificent men in their flying machines turning up in the sunshine state to enjoy a whole week, wallowing in their hobby.
Why buy a road-hogging, critter-squishing, bumper-defying, wall-of-metal SUV when you have the delicious option of buying a BIGGER road-hogging, critter-squishing, bumper-defying, wall-of-metal SUV?
The requirement for Visa Waiver travelers to have biometrics included in their passports has been extended for one year, to October 26, 2005. All newly issued passports must be biometrically enabled by this time. The extension was necessary to avoid potential disruption of international travel and to allow for adequate time to develop programs for producing a more secure, biometrically enabled passport by those countries enrolled in Visa Waiver programs.
If you can view your airplane as a “tool” and you’ve got income to support an airplane payment. . . a “leaseback” may be right for you! A leaseback is an arrangement in which an individual purchases an airplane and allows a flight school to manage and operate the airplane in his or her flight school. Properly structured, a “win, win, win” situation is created.
Well in aviation the toys for pilots are getting a lot better, for instance the GPS-PDAs with sectional charts on them. Also lots of other data like the J-Aide and Jeppeson airport contacts once you arrive. All this makes flying easier, less complicated and more enjoyable. AvMap EKP-III C
http://www.avshop.com/catalog/product.html?productid=3781
Not on the arm of your passenger seat–on reality, history, and the incredible accomplishment of human flight.
We’ve just celebrated the 100th anniversary of the Wright brothers’ historic flight at Kitty Hawk, North Carolina. Although there werecertainly others who were experimenting with flying machines–most notably, Alberto Santos-Dumont, a Brazilian who is widely celebrated in his native country as being the father of aviation–the Wright Brothers are generally regarded as the first to get humans off the ground.
As you sit in traffic, inching along between irate drivers, you think to yourself, “there must be a better way.” You get to work, you endure another tirade from an incompetent boss, and you think, “there must be a better way.” You work hard, you’re underappreciated, underpaid, and fed up. After all this, you can barely pay the bills, and haven’t taken a real vacation in years.
