Lease-Back Part 135: Worth it for Your Plane?
One of the questions we get from readers is whether they can cut their aircraft ownership costs by entering into a lease agreement with their local Part 135 operator. Theyd like their airplanes to generate income by being flown on charters by the operators pilots while the owners sit comfortably at home in front of the TV. Our response: It sounds good if you say it fast, but the downside can be terribly expensive for the owner. Anyone considering leasing her or his airplane to a Part 135 operator should go in with eyes wide open and a full understanding of the procedures and costs involved in putting an airplane onto a 135 operating certificate and keeping it there.