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Sunday, May 11, 2008

 
LEASEBACK PROGRAM
Skyline Aeronautics Aircraft Flight Line


Did you know that the Skyline Aeronautics fleet flew over 8,000 hours last year and that our flightline consists of aircraft leased from pilots just like you?  This program works like a series of businesses working together!

1      Cessna C172SP (G1000)                       Leaseback      ◄▬Click Here for Analysis Spreadsheet & sample agreement

 

1      Diamond DA40 (G1000)                         Leaseback      ◄▬Click Here for Analysis Spreadsheet & sample agreement

 

2      Diamond DA42 Twinstars (G1000)       Leaseback      ◄▬Click Here for Analysis Spreadsheet & sample agreement

 

How to put a new or pre-owned aircraft to work for you!

 

Skyline Aeronautics is recognized as one of the leading Technically Advanced Aircraft (TAA) training providers in the US.  As the premier leader in G1000 training, we have been recognized for this by the FAA and have been awarded with hundreds of training positions of FAA Inspectors in FY2008 through October 1, 2008 and are now just receiving assignments of training positions of FAA inspectors for FY2009 and FY2010.  In 2006, we wrote the ASA G1000 software training program used to train G1000 aircraft owners and pilots all over the world. Download the Overview Presentation

 

 

We currently have a Frasca Mentor FTD on order and have just completed the order for a DA42 Level 5 Capable FTD for delivery to support our training requirements for multiengine aircraft training in the DA42.

 

 

G1000 Frasca Mentor                

 

DA42 Level 5 Capable FTD

 

 

You may now own, or may be considering the purchase of an aircraft, for the purpose of investment or an investment accelerated depreciation program just authorized by the US Congress for Tax Year 2008.  We have the perfect program for you!

 

We currently have 2 G1000 C172s, 2 G1000 DA40s, and a Cirrus SR20 on leaseback.  We need 3 of each model of G1000 aircraft to support each class of (6) FAA Inspectors that will be arriving here every 3 weeks for the next 3 years.  We are currently hiring highly qualified Flight Instructors to teach in this program. 

 

We need the following aircraft to provide training to FAA Inspectors over the next THREE YEARS! 

  1. We provide you with a detailed leaseback analysis spreadsheet which calculates a precise fixed and variable cost for the operation and maintenance of the aircraft.  This provides you with a scientific breakeven number of flight hours the aircraft must operate per month (revenue generating flight hours) in order to service the debt and fund the reserves for maintenance, avionics, oil changes, engine and prop overhauls, and estimated reserves for taxes.
  2. We show you how to form an LLC (limited Liability Company) to own, finance, manage, and lease the aircraft to us in a marketing arrangement that optimizes asset depreciation and allows most individuals to deduct aircraft and LLC expenses on their personal income taxes.
  3. A Leaseback agreement is signed and the aircraft is placed on the Skyline Aeronautics fleet insurance policy.
  4. The aircraft,  is given a pre-acceptance inspection prior to being placed online.  Once the aircraft is determined to be in excellent shape, it is placed online and customers can begin to schedule it on the online flight schedule.
  5. Skyline Aeronautics' job is to market, manage, and maintain the aircraft to keep it flying.  We will keep the most premium of surroundings for these premium aircraft and will keep the customers flowing to these aircraft that generate the fleet numbers.
  6. The owner of the aircraft can schedule the aircraft and fly it like any other customer, but the invoicing takes place at the end of the month when the leaseback activity report is prepared.

The leaseback formula works like this:

Monthly Aircraft Revenue
  less (20% Skyline Management fee)
  less actual maintenance and parts costs from billed work orders accrued on a monthly basis
  less insurance premium (pro rated from Skyline fleet policy)
  less tie down fee
  less actual fuel and oil costs ($.25 below field cost for fuel)
----------------------------------------------------------------------
Net amount due aircraft owner for previous month-The check is sent to the LLC Address of record by the 10th of the next month.

Skyline Aeronautics pays all sales taxes collected from the rentals of the aircraft.

This program works and is fully supported by the US Tax Code and the IRS.

For more information on how aircraft ownership works, please go to the following website:

http://www.advocatetax.com

For more information on the program or to discuss a specific aircraft for the program, please schedule an appointment with Mike Gaffney.  We will show you how to make an aircraft work for you!

 




     
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