SF Bay Area Partnership

[SJC Flying Club]

Shares are available in a small SF Bay Area club with 2 aircraft, a pristine
V-tail Beech Bonanza, and a nice1974 Cessna 172M.

Check out the link below for more information.

http://makeashorterlink.com/?M2DF326C6

To email, remove zxyzNOSPAMzz

[R.Hubbell]

On Thu, 05 Feb 2004 19:15:41 GMT "SJC Flying Club" > wrote:

> Shares are available in a small SF Bay Area club with 2 aircraft, a pristine
> V-tail Beech Bonanza, and a nice1974 Cessna 172M.
>
> Check out the link below for more information.
>
> http://makeashorterlink.com/?M2DF326C6
>
> To email, remove zxyzNOSPAMzz
>
>


Nice planes, does your club own the planes or are they on lease
back? If on leaseback do you have a 20 year loan or something shorter?


R. Hubbell

[SJC Flying Club]

Thanks, we really like them too. It's great to be able to fly a cherried
out V35B for the same price that the local FBOs charge for a late model
Archer or Skyhawk.

The club owns both aircraft, and each member has an equal equity share of
the net asset value of the planes and equipment.


"R.Hubbell" > wrote in message
...
> On Thu, 05 Feb 2004 19:15:41 GMT "SJC Flying Club"
> wrote:
>
> > Shares are available in a small SF Bay Area club with 2 aircraft, a
pristine
> > V-tail Beech Bonanza, and a nice1974 Cessna 172M.
> >
> > Check out the link below for more information.
> >
> > http://makeashorterlink.com/?M2DF326C6
> >
> > To email, remove zxyzNOSPAMzz
> >
> >
>
>
> Nice planes, does your club own the planes or are they on lease
> back? If on leaseback do you have a 20 year loan or something shorter?
>
>
> R. Hubbell

[R.Hubbell]

On Fri, 06 Feb 2004 03:00:54 GMT "SJC Flying Club" > wrote:

> Thanks, we really like them too. It's great to be able to fly a cherried
> out V35B for the same price that the local FBOs charge for a late model
> Archer or Skyhawk.

That's a great thing indeed.


>
> The club owns both aircraft, and each member has an equal equity share of
> the net asset value of the planes and equipment.


But someone bought them to start the club with cash?

I'm finding that plane financers distinguish between a loan that I take out
for a plane that I fly and a loan that I take out to lease back to a club.
I'm not clear on the reasons why they do that. As long as they get paid
what difference does it make to them? (that's rhetorical, unless you know :)


20 vs. 10 years or less. It's an important difference if a plane doesn't fly
enough during a given month.

Good luck on finding new members!

R. Hubbell

>
>
> "R.Hubbell" > wrote in message
> ...
> > On Thu, 05 Feb 2004 19:15:41 GMT "SJC Flying Club"
> > wrote:
> >
> > > Shares are available in a small SF Bay Area club with 2 aircraft, a
> pristine
> > > V-tail Beech Bonanza, and a nice1974 Cessna 172M.
> > >
> > > Check out the link below for more information.
> > >
> > > http://makeashorterlink.com/?M2DF326C6
> > >
> > > To email, remove zxyzNOSPAMzz
> > >
> > >
> >
> >
> > Nice planes, does your club own the planes or are they on lease
> > back? If on leaseback do you have a 20 year loan or something shorter?
> >
> >
> > R. Hubbell
>
>