For years, big corporations and investor groups have utilized sale/leaseback agreements to maximize the benefits and minimize the costs of owning a business aircraft. Now, through our exciting new Cessna Leaseback program, we’re making it easier for most individual owner/pilots to qualify for these same business deductions and incentives – to substantially downsize the monthly net cost of buying and flying a new aircraft.
First, an individual must purchase a new Cessna Skyhawk, Skylane, or Stationair. Then, the new aircraft owner simply leases the aircraft back to a local Cessna affiliate for use by other pilots on an hourly rental basis.
This agreement, backed with the proper documentation, essentially puts an individual into the aircraft leasing business – thus potentially qualifying him or her for certain business tax benefits and incentives not otherwise available to individual (non-corporate) aircraft buyers.
The bottom line is that a new Cessna under the Cessna Leaseback plan can actually cost less to own than renting a similar aircraft.