Article | May 17, 2015
This is a question that pops up often in conversation with developing flying clubs. Most clubs fall into two primary categories, equity and non-equity. Equity, meaning the club is the sole owner of the aircraft as represented on the aircraft registration. Non-equity, implying the club leases its aircraft from the owner/owners. Clubs can also be a hybrid of equity and non-equity, where the club owns one aircraft and leases another; generally clubs falling into this category are still considered an equity club because of the stake in the one equity aircraft. Both equity and non-equity clubs have various benefits and shortcomings.