Leaseback Program.
Do you own an aircraft? Would you like to make some money with it? If
you answered "yes" to both questions, then we'd like to talk to you
about leaseback opportunities.
If you leaseback your aircraft to us, we'll add it to our rental fleet.
You'll receive most of the hourly rental rate paid by our customers. We
keep a nominal amount of that rental rate, as a management fee. Since
we have a large customer base, your aircraft will fly frequently.
You'll be responsible for maintenance and insurance costs, but those
costs will be tax-deductible (since you're running a business by
entering the leaseback arrangement). If your aircraft is purchased new,
you will also receive a significant depreciation deduction on your
income taxes. As a leaseback partner, you won't be subject to any daily
or overnight hourly rental minimums.
As of July 2015, we're primarily looking for a light twin (Piper
Seminole, Beech Duchess, etc), a Cessna 172SP, a Cessna 182 to add
to our fleet, and a Diamond DA-40 (Diamond Star). Of course, we are always open to leasing other types of
aircraft.
To inquire about a Leaseback, feel free to call California Airways at
(510) 887-7686 or use the form below. Leaseback Form