LetsFly FAQ

Cooperative FAQs
1. What is LetsFly?
2. How does a cooperative compare to other popular ownership programs?

Joining a Cooperative FAQs
1. Why are other aircraft ownership programs more expensive than LetsFly?
2. How much does it cost to join shared ownership in a LetsFly cooperative aircraft?

Owning a Cooperative FAQs
1. What are the requirements to become a local cooperative?
2. Why can't I start my own co-ownership or flying club without the Letsfly Cooperative System?

Cooperative FAQs

1. What is LetsFly?
LetsFly is a cooperative organization that is dedicated to providing economical aircraft ownership, discounts, benefits and other resources to our members throughout the country.

2. How does a cooperative compare to other popular ownership programs?
A cooperative is a completely different business model. It was designed so that the local owner or manager manages the system. The popular fractional programs for example charge a minimum management fee of $500 to well into the thousands per month. It is much more efficient to have local people manage the system rather than a central system manage the people. To put it another way, the cooperative system serves the people rather than the people serving (paying exorbitant management fees to) the system.

Joining a Cooperative FAQs

1. Why are other aircraft ownership programs more expensive than LetsFly?
LetsFly is dedicated to making flying affordable. LetsFly is not a "middle man". Our cooperatives are "subsidized" through low interest financing, focus on the members, are locally owned and operated, utilize the resources of all it's members, are cooperative rather than competitive in nature and collectively obtain better discounts and benefits, etc. These and other "built in" savings and benefits make it easy and affordable for nearly everyone to own and fly a new aircraft.

2. How much does it cost to join shared ownership in a LetsFly cooperative aircraft?
Ownership starts with an initial investment of $2900. For more details on each aircraft, click here.

Owning a Cooperative FAQs

1. What are the requirements to become a local cooperative?
Fill out an application and receive approval.

2. Why can't I start my own co-ownership or flying club without the Letsfly Cooperative System?
These traditional ways of doing business in aviation yield mediocre results. Just ask anyone who has participated in these organizations. The LetsFly Cooperative System has adapted cooperative principles to an aviation business plan and has produced the following results: Better capitalization, financing and utilization; lower insurance, marketing and advertising costs, as well as better group discounts. In addition, the cooperative efforts and resources of members, manufacturers, and other providers lower the cost of flying further and provide extra income earning capabilities. Members may also receive discounts and fly much newer aircraft than they would in a traditional setup.