Mailing List lml@lancaironline.net Message #11996
From: Paul Pengilly <pengilly@southwest.com.au>
Subject: Re: lease back program
Date: Thu, 24 Jan 2002 11:20:26 +0800
To: <lancair.list@olsusa.com>
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Many years ago I managed the running of two aircraft and one of the owners
arranged for the Baron to be used on a cross hire basis, this aircraft was in
excellent condition and when I flew it I never had any problems, as soon as
different pilots stated using it the maintenance went through the roof also the
fuel consumption went up lastly I removed it from the line when one day it went
past me with its wheels down, the clock was activated by the gear being
retracted.
I would never put a aircraft on the line after this unless I could write it of
completely as a tax deduction.
Regards
Paul
Glasair Super II RG



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