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A local Chicago pilot program in the most popular single-engine turbine ever built…..the Cessna Caravan.  The program divides ownership interests in 1/3 interests in older refurbished Caravan aircraft providing fresh engine overhauls, fresh inspections, new paint, new interior, upgraded avionics at less than half the cost of a new Caravan.  This program also utilizes JA’s charter certificate which provides additional income to offset fixed costs.  Details aree as follows:

  • Acquisition cost – $375,000.00
  • Monthly fees –         $1,000.00
  • Hourly rate –            Estimated at $425.00

The program allows for up to 150 hours per year of owner usage and provides return revenue from charter operations along with depreciation from ownership.  the program aircraft are based ay Aurora Airport and utilize the new JA Facilities including the Cessna factory Service Center for support.  This program is also available for local businesses as pilots are available on a daily basis.  Looking to finance this cost…..consider JA’s in-house financing option:

  • Down payment- $75,000.00
  • Monthly payment – $4,400.00 (includes monthly fees)
  • Hourly rate – $425.00 estimated