Buying an aircraft for training
#12
Hello,
My wife decided that she wants to become an airline pilot and as much I tried talking her out of it she will not budge. I am a major airline FO and we have some money saved up where we can finance the whole thing without taking out loans. I still have my CFII and I think that we can use this to our advantage. We are considering a buying an airplane for about 50K and eventually selling it once we are done with training and time building. I realize that we will end up losing money on the aircraft sale in the end but it still might make financial sense with the amount flight time she needs to get into regionals. Or should I just send her to All ATPS for 65k?
My wife decided that she wants to become an airline pilot and as much I tried talking her out of it she will not budge. I am a major airline FO and we have some money saved up where we can finance the whole thing without taking out loans. I still have my CFII and I think that we can use this to our advantage. We are considering a buying an airplane for about 50K and eventually selling it once we are done with training and time building. I realize that we will end up losing money on the aircraft sale in the end but it still might make financial sense with the amount flight time she needs to get into regionals. Or should I just send her to All ATPS for 65k?
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