FAA to ground 80% of Glider Training Fleet... it's just a question of when

On Thursday, April 4, 2013 8:04:52 PM UTC-4, son_of_flubber wrote:
On Thursday, April 4, 2013 7:41:49 PM UTC-4, GM wrote: I hear you loud and clear! The US-training fleet needs an infusion of new equipment much sooner than later.

Okay then. Should I put you down to make a $3000 or a $6000 loan pledge to your local club?

We - Carolina Soaring Assoc. - are actively looking for a modern two-seater.. Since there is nothing useable on the open US-market, we have expanded our search to overseas. We are also discussing various financing models and yes, soliciting pledges from members is on the list.
Uli

On Thursday, April 4, 2013 8:17:35 PM UTC-4, GM wrote:

We - Carolina Soaring Assoc. - are actively looking for a modern two-seater. Since there is nothing useable on the open US-market, we have expanded our search to overseas. We are also discussing various financing models and yes, soliciting pledges from members is on the list.


Excellent!

When we looked at the tax advantages of accelerated depreciation and lease back arrangements, we found that buying a new glider was more feasible. A new glider built by a currently viable company makes the loan more secure for the lenders, and for that reason it becomes easier to raise the money. Our situation is unique, but it's worthwhile to get some expert advice on the tax angle.