"Newps" wrote in message
. ..
A corporation with the aircraft as the only asset and only one officer, the
owner of the plane.



That's one scenario. Certainly not the only one.

It sounds to me like Andrew's situation is one of an "Aircraft Management"
corporation.

That may or may not provide liability protection. In the case of an owned
corporation owning the aircraft, it doesn't protect the corporation, but it
does protect the pilot and his personal assets. If the prupose of corporate
ownership is merely to avoid liability, that probably won't work.





Most owners do not as this provides no protection at all.


Depends on "who" the corporation consists of, and for what purpose.