What are some benefits of a leaseback?

Reduced cost of private travel

Enjoy the benefits of private aviation with a significantly lower net cost due to business revenue and tax deductions.

Your aircraft will be available for renters to utilize, while you retain complete ownership. We do not sell equity shares of your aircraft.

Owners may be able to deduct a significant portion of the aircraft's cost and ongoing operational expenses as business expenses.

You’ll gain access to all fleet aircraft, not just your own, without being liable for monthly dues.

Minimize or defer substantial sales and use taxes by structuring the purchase for commercial use.

As the owner, you get priority access to the schedule. It’s your aircraft; use it when you need it.

We are ready to consult with you on your leaseback options and the many benefits it offers. Contact us today!

Yes, we do not store aircraft outside. All aircraft are kept in hangars at AZO.
Leasebacks are an agreement where LTBF and the owner sign a contract to allow LTBF to manage, advertise, and use the owner’s aircraft. The owner retains all ownership of the aircraft; LTBF simply facilitates the usage by offering the aircraft to renters. LTBF takes a portion of the revenue in exchange for this service but otherwise all proceeds go to the owner.
The owner/operator of LTBF is an A&P/IA, so any maintenance needs can be addressed onsite. However, owners are free to facilitate maintenance from other providers if they so choose.

It varies based on the market demand. A more popular, familiar aircraft will fly more than a rare one-of-a-kind one. Modern avionics are also attractive to renters, but the wet rate is also a factor. In short, there are many variables, and we can’t guarantee a minimum/maximum number of hours flown.
Aircraft insurance policies are held by Let There Be Flight. Renters are required to have non-owned insurance policies.
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