Alamanach
Look ma, no gear!
- Joined
- Apr 14, 2006
- Posts
- 197
My dad, who is not a pilot, has somehow got it into his head that he wants to own a plane. He doesn't want anything over the top, just a single-engine piston for occassional trips to Wisconsin or something. (He spent 20 minutes yesterday reading through my C-172 manual). Where he got this idea from, I don't know, but I'm certainly not going to discourage him.
Now, for a little background: I have a lapsed PPL, I live literally down the road from Palwaukee Airport, and I've been trying to figure out for a while now how to scrape together the money to get airborne again. Dad is well-heeled enough that he could probably buy a used plane outright if he really needed to.
But he wants to finance this plane, and he wants to somehow get that money back. He doesn't need to make a profit, but he'd like to find some way (renting the plane out to others or something) to at least break even. I'm looking into this for him, because if he has a way to make his money back, then I have a way to go flying. It's a dream come true.
But what to do with an airplane? I'm thinking a C-172RG would be pretty versatile, and some are available at nice prices. Could this plane be loaned out to one of Palwaukee's many flight schools? Could some aerial photographer rent it? If you had a plane, how would you make money off of it? If anybody has an idea, let me know.
Now, for a little background: I have a lapsed PPL, I live literally down the road from Palwaukee Airport, and I've been trying to figure out for a while now how to scrape together the money to get airborne again. Dad is well-heeled enough that he could probably buy a used plane outright if he really needed to.
But he wants to finance this plane, and he wants to somehow get that money back. He doesn't need to make a profit, but he'd like to find some way (renting the plane out to others or something) to at least break even. I'm looking into this for him, because if he has a way to make his money back, then I have a way to go flying. It's a dream come true.
But what to do with an airplane? I'm thinking a C-172RG would be pretty versatile, and some are available at nice prices. Could this plane be loaned out to one of Palwaukee's many flight schools? Could some aerial photographer rent it? If you had a plane, how would you make money off of it? If anybody has an idea, let me know.