Wed Mar 17, 2021 2:42 pm
#1833922
I just saw this advert on AFORS:
https://afors.com/aircraftView/48412
I am probably being incredibly stupid, but can someone explain to me the benefit of a non-equity share?
My assumption is that if something goes wrong, you don't end up paying for it and that the owners do, but for a £25k buy-in, isn't this essentially the equivalent of renting a property - in that you're basically funding someone else's aircraft ownership? Isn't this a bit like owning a leasehold?
Have I missed something obvious here? I sort of understand it if it's a throwaway sum of money, or an older aircraft where things might go wrong, but surely it doesn't make sense for a new aircraft?
https://afors.com/aircraftView/48412
I am probably being incredibly stupid, but can someone explain to me the benefit of a non-equity share?
My assumption is that if something goes wrong, you don't end up paying for it and that the owners do, but for a £25k buy-in, isn't this essentially the equivalent of renting a property - in that you're basically funding someone else's aircraft ownership? Isn't this a bit like owning a leasehold?
Have I missed something obvious here? I sort of understand it if it's a throwaway sum of money, or an older aircraft where things might go wrong, but surely it doesn't make sense for a new aircraft?