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I own a Cessna 172 which I've been leasing to a flight school, and I'm interested in starting a flying club with it. I already have the aircraft registered to an LLC I created for lease purposes, and would like to use the same company for the flying club. I've looked through AOPA's resources and found that a flying club has to be not-for-profit, but would it be possible to be the president of the flying club and the owner of the club's first airplane, and still be considered ...
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Tim Lake
Feb '21
Thanks for the reply. I do plan to ultimately speak to an attorney, but my impression has been that my only potential obstacle was an FAA reg, not a local law. I’ll see what I can find out.
I own a Cessna 172 which I've been leasing to a flight school, and I'm interested in starting a flying club with it. I already have the aircraft registered to an LLC I created for lease purposes, and would like to use the same company for the flying club. I've looked through AOPA's resources and found that a flying club has to be not-for-profit, but would it be possible to be the president of the flying club and the owner of the club's first airplane, and still be considered ...
more