Some commuter airlines in Alaska and the Caribbean manage to stay in business operating Cessna Caravans. Probably not turning $2M into $3M though.

And like I said, someone else's airplane, frequently.

What about long term dry leasing? It seems there should be a market for this for companies that want to try an aircraft for say a year or so without the commitment. Or maybe don't want to show an aircraft on the balance sheet.

I have a buddy in Tennessee who has a small 135 operation. He has, I think, three or four CJ2's and a couple of PC12's.

I think the CJ2's can be had for around $2M and, I assume, he's making money on them.

And know when to quit...

Maybe a way to launder money?

Hmm.