LetsFly FAQ

Cooperative FAQs
1. What is LetsFly.org?
2. Why have the Breezer and C42 been chosen as part of the LetsFly program?

Joining a Cooperative FAQs
1. Why are other aircraft ownership programs more expensive than LetsFly.org?
2. Why don't other aircraft ownership programs offer less expensive economical aircraft?
3. How much does it cost to join a local flight center or own an individual co-operative aircraft ownership?

Owning a Cooperative FAQs
1. What are the requirements to become a flight center or a local cooperative?
2. What is the cost to become a Flight Center/Distributor?
3. Why should I pay $4700 to form a co-ownership, flying club, or flight school?
4. What are the requirements to maintain a Flight Center?
5. How much commission is paid out and what kind of yearly income or return on investment can I make?
6. I would like to invest in an aircraft for the income and the tax benefits. How does the cooperative system differ from a rental, leaseback, or traditional aviation opportunity?
7. How can I join or start a local flight center co-operative?

Shared Ownership FAQs
1. Why is it so much less expensive to own and fly an aircraft with LetsFly as compared to other fractional ownership companies?
2. Why can't I start my own co-ownership, flying club or fractional ownership program without the Letsfly Cooperative System?

Fly To Own FAQs
1. Do the Fly To Own credits accumulate when I fly at other cooperatives?

Other FAQs
1. Can I obtain an Aviation degree?
2. How long have you been in business?

Cooperative FAQs

1. What is LetsFly.org?
LetsFly.org is a cooperative organization that is dedicated to providing aircraft ownership, discounts, benefits, a turn-key business kit, and other resources to our members throughout the country.

2. Why have the Breezer and C42 been chosen as part of the LetsFly program?
In short, the Breezer and C42 are the best light sport aircraft on the market. They are the most economical aircraft in their class to purchase and operate.

Joining a Cooperative FAQs

1. Why are other aircraft ownership programs more expensive than LetsFly.org?
LetsFly.org is a cooperative organization dedicated to making flying affordable. In addition, most other aircraft ownership programs specialize in expensive aircraft that allows them to charge in the hundreds of thousands of dollars a month in maintenance and management fees. LetsFly on the other hand, is managed locally and is "subsidized" through manufactures and service provider rebates, discounts and commissions.

2. Why don't other aircraft ownership programs offer less expensive economical aircraft?
Exorbitant fees cannot be charged for economy aircraft. Therefore, in order to accomplish a program with economical, inexpensive aircraft, a company must rely on volume and or the cooperative efforts of others.

3. How much does it cost to join a local flight center or own an individual co-operative aircraft ownership?
Joining a local flight center in it's shared ownership program starts with just a $2900 initial investment. Some cooperatives offer Fly To Own as an option to build a credit towards your share.

Owning a Cooperative FAQs

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

2. What is the cost to become a Flight Center/Distributor?
An initial investment of $4700 based on approved credit.

3. Why should I pay $4700 to form a co-ownership, flying club, or flight school?
Because it is the best value in aviation. The average cost to properly setup a co-ownership, partnership, club, flight school, etc, is $8500 and a lot of leg work and time. We have seen costs in the $12,000 - $15,000 range with attorney fees and other "perks" that are standard in our Cooperative Ownership Package. In addition, our package is turn-key, requiring no leg work and very little time.

4. What are the requirements to maintain a Flight Center?
Offer one or more cooperative aircraft, have some management experience or own an aviation/non aviation business.

5. How much commission is paid out and what kind of yearly income or return on investment can I make?
A flight center application must be received before commission structure can be disclosed.

6. I would like to invest in an aircraft for the income and the tax benefits. How does the cooperative system differ from a rental, leaseback, or traditional aviation opportunity?
We provide a detailed plan outlining a positive cash flow that in most cases is better than a traditional leaseback. In addition, excellent commissions are paid on aircraft and aviation product sales.

7. How can I join or start a local flight center cooperative?
Contact us today!

Shared Ownership FAQs

1. Why is it so much less expensive to own and fly an aircraft with LetsFly as compared to other fractional ownership companies?
LetsFly.org is the ultimate "shared ownership" program. It is not a franchise, flying club, co-ownership, flight school, or FBO. LetsFly.org is an aviation cooperative. While it utilizes the positive aspects of these programs, it is fundamentally different: LetsFly cooperatives are "subsidized" by our providers, 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. Why can't I start my own co-ownership, flying club or fractional ownership program without the Letsfly Cooperative System?
A person can continue these traditional ways of doing business in aviation. However, highly successful cooperatives have been used in other industries; sometimes out of necessity such as in settling the west in the 1800's or for the survival of an industry. Cooperatives were used at other times because of their principles and practices which produce a more desirable result. The LetsFly Cooperative System has adapted these 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 aircraft at other flight centers.

Fly To Own FAQs

1. Do the Fly To Own credits accumulate when I fly at other cooperatives?
Yes, they accumulate at the same rate as if they are flown locally.

Other FAQs

1. Can I obtain an Aviation degree?
Yes, Aviation degrees are made available through UVSC and can be done online at home with the flying taking place in your own aircraft. Online degrees are regionally accredited (varies by area).

2. How long have you been in business?
The Letsfly Cooperative System was developed in 1998, established in 1999, test marketed in localized markets for three and a half years and then rolled out internationally in 2003.