Fractional at YNG

[hawkercpt]

Heard through a friend that there is a new Fractional starting out of YNG (Youngstown, OH). Anybody have any info?

 

[Dep676]

Gee I wonder who that would be? KR maybe? I actually heard the other day that we are still flying him around. What's up with that?

 

[hawkercpt]

no...

It's not Kenn. He has a no compete clause until Jan'05. We still fly him because he still "own's shares in our aircraft, actually I think he owns 501CW outright.

 

[WileE]

What is it with Ohio?

Seems there must be a huge tax advantage or something to be based out of OH. It would be way too much of a coincidence to have so many frax working out of the state.

 

[hawkerjock]

I believe in Ohio a company can relieve a pilot of his/her duties with very little or no problems. Basically, a company needs no reason to fire you. There very well may be tax reasons also.

 

[marqmarq]

Right to Work State?

Right to Work State....Ohio?? Please check out http://www.nrtw.org/rtws.htm

 

[NJAowner]

Why Ohio?

2 main reasons:

1- favorable sales tax treatment on the purchase of a fractional interest in a plane (it may be for all jets) -- very important to a purchaser; and

2 - as Griz stated, centrally located -- within 1 1/2 hours of most major fractional markets (but #1 is more important --- other states can get close enough by location).