Ace-of-the-Base
Well-known member
- Joined
- Sep 16, 2004
- Posts
- 440
Taxijet said:Downside: If you don't fly the airplane at all, you would have a loss of about $124,000 initial investment (per partner) and $104,000 per partner per year, with five partners.
If you make over $140,000 per year and are happy with your secure job I would not expect you to get involved with what I have suggested.
A 45 year old furloughed airline pilot might be interested in checking it out.
My figures account for 7 years to depreciate the aircraft and assumes no residual value at the end of that time.
What have I said specifically that leads you to suggest that I'm trying to paint a rosy picture? Have I made any unrealistic assumptions or said anything untrue? If so I'd like to know what it was so I can correct the mistake.
Roger Burton
www.Taxijet.com
I have already commented on the statements that I think are unrealistic. If you would like me to comment further on your numbers, I would need to see your calculations and assumptions.
Ace