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Aircraft Leasebacks

Aircraft Leasebacks

Prop Culture Aviation’s leaseback program is excellent for those that would like to offset some of the cost of aircraft ownership, generate revenue from their aircraft and even realize a significant tax benefit. Our primary goal is to protect your asset and insure that it is marketed professionally.

30+ Certified
5.0/5 Rating

What Is An Aircraft Leaseback?

Aircraft leasebacks are where you purchase the aircraft and “lease it back” to PCA for use on our rental line. You still have full use of the aircraft; you simply book it on our online scheduling system whenever you want to fly. Our customers do the same, generating revenue for you. At the end of each month, you will get a statement that details the income generated and the expenses incurred. Along with the statement, you will get a check for the net income. The leaseback has no set term. You can change your mind at any time and take your plane off the rental line with 30 days notice.

Aircraft in the Prop Culture Aviation leaseback program
Diamond aircraft available in the leaseback program

Full Use of Aircraft

Book on our online scheduling system whenever you want to fly. You retain full personal access at all times.

No Set Term / 30 Days Notice

The leaseback has no set term. You can change your mind at any time and take your plane off the rental line with 30 days notice.

Monthly Statements & Net Check

At the end of each month, you will get a statement detailing income generated and expenses incurred, along with a check for net income.

Protected Asset & Professional Marketing

Our primary goal is to protect your asset and ensure that it is marketed professionally to qualified pilots.

Aircraft Leasebacks

Turnkey Revenue Share Split + Free 5-Year Pro Forma

Location Base
KOLM (Suite M-1)
Fleet Airframe
Diamond DA42
Cockpit Avionics
Garmin G1000 NXi Glass
Standard Duration
1.5 Hours Total (60 Min)
FAA Regulation
Part 61 & A&P/IA Standards

Additional Advantages to Aircraft Leasebacks

Complete Aircraft Management

We handle everything for you. All you do is fly. Prop Culture Aviation Service ensures that the aircraft is kept in airworthy condition all of the time. All scheduled maintenance, service bulletin and airworthiness directive compliance is taken care of. All databases are kept current, as are the software versions of the avionics. Our computerized system tracks all flight time to provide a detailed report of the time you fly as well as all of the rentals. The aircraft is kept clean and detailed and waxed occasionally to keep the paint looking great. Any unexpected maintenance needs are quickly repaired to get the aircraft back on the rental line.

State Sale Tax Savings

When you purchase an aircraft with the intention to lease it back to PCA, we can show you how to set things up properly with the state to avoid paying sales tax on the purchase price of the aircraft. This is a significant savings! Sales tax is collected each time the aircraft flies, including when you fly it. PCA pays this to the state each month and reports the amount to you. You only pay sales tax for each flight you make.

Potential Federal Tax Deduction

When you purchase an aircraft with the intention to lease it back to PCA, we can help you to structure it in such a way to utilize the purchase price of the aircraft as a federal tax deduction. The benefits of this kind of structure can save high income earners six figure savings on their annual tax bill.

Insurance Benefits

All of the aircraft leased back to us are insured by us on our commercial, fleet policy. You as the owner are a named insured as well. New or low time pilots can benefit from PCA’s relationship with our insurance underwriter. Insurance companies can put severe restrictions on new pilots of high performance aircraft. Our insurance underwriters know the level of training we provide and know our dedication to safety. Because of that and the level of trust we have earned, we have no restrictions. Instead our policy simply allows pilots, as approved by one of our chief pilots, to fly the plane.

Better Engine Health

Most aircraft owners don’t fly often enough to maintain optimum engine health. Engines that sit without running develop slight rust on the cylinder walls. When the engine is eventually ran, the pistons wear this rust layer off introducing it into the oil where it continues to be distributed to the moving parts of the engine. It is best for the long-term health of the engine to run it often. Aircraft on leaseback are flown much more often and avoid this problem.

Complete Discovery Flights Inclusions

Every syllabus milestone, dual instruction hour, and progressive maintenance checkpoint clearly defined with zero hidden line items.

01

60-Minute Hands-On Flight

Full 60 minutes of dual flight time in our modern Diamond aircraft.

02

Dedicated FAA Flight Instructor

One-on-one coaching from a patient, FAA-certificated flight instructor.

03

Official Pilot Logbook

Complimentary FAA pilot logbook with your first certified flight entry.

04

G1000 NXi Cockpit Intro

Hands-on walkthrough of modern glass cockpit displays and systems.

05

Pre-Flight Walkaround

Learn how professional aviators inspect aircraft airworthiness.

06

Flight Training Roadmap

Personalized consultation on training timelines, budgets, and career paths.

Why the Diamond Glass Fleet Excels

Our solid Crimson Red and Sapphire Blue Diamond DA42 Twin Star and DA40 aircraft provide contemporary glass cockpits that reflect what commercial aviation flies today.

Garmin G1000 NXi Dual PFD/MFD

Synthetic Vision Technology, visual approaches, electronic stability protection, and WAAS GPS.

Austro Turbodiesel Single-Lever FADEC

Electronic engine control eliminates complex propeller and mixture levers, reducing cockpit workload.

Known-Ice (FIKI) TKS Protection

Enhanced flight safety margins and all-weather dispatch capability in Pacific Northwest marine layers.

Olympia Regional Airport (KOLM)

Dual wide runways (5,501 ft and 4,157 ft), active FAA control tower, precision instrument approaches (ILS, RNAV, VOR), and zero commercial airline queue delays.

5,501 FT

Runway 17/35 Length

FAA TOWER

Controlled Class D

SUITE M-1

On-Site A&P/IA Hangar

ZERO

Airline Takeoff Delay

What you'll actually be able to do.

An Instrument Rating isn’t just a piece of paper it’s a proven ability. Here’s what changes for you the day you pass the practical.

Fly when others can't

PNW ceil­ings and marine layer are no longer cancellations. You file IFR, depart on schedule, and shoot an approach into your destination.

Unlocked cross-country options

Long flights into weather, complex airspace, Class B procedures all available without the VFR ceiling restriction.

Career doors open

Banner tow, pipeline patrol, fractional flying, and the runway to Commercial / ATP every paid pilot job requires instrument privileges.

Real safety margin

You now have a Plan B beyond "land somewhere VFR" instrument references give you controlled coping capacity in inadvertent IMC.

PNW mastery

Real reps over the Cascades, into Sea­Tac, and across territory instrument pilots in this region fly every week.

Currency for life

Your instrument currency requirements are easy to maintain once seasoned flight reviews, IPCs, and a recurring IFR rental plan keep you sharp.

Your 4-Step Path to Completion

A structured milestone roadmap designed around your schedule, background, and aviation objectives.

01

Schedule

Book a consultation or a discovery flight.

02

Choose

Pick the training pathway that matches your goals.

03

Train

Begin ground and flight instruction with your CFI.

04

Build

Practise, plan cross-countries, and sharpen skills.

05

Checkride

Complete the required FAA practical test.

Built for PNW IFR weather, terrain, and airspace.

The Pacific Northwest is a natural instrument classroom and Olympia Regional (KOLM) puts you in the middle of it. From here, your training environment is the same environment you’ll fly as a working IFR pilot.

Real low-IFR exposure

Marine-layer ceilings, fall rain, fog, and low IFR are unavoidable training opportunities. We turn weather into lessons not cancellations.

Cascade & Olympic terrain

IFR cross-countries over the Cascades and around the Olympics test airway interpretation, oxygen rules, and terrain awareness in actual conditions.

Towered airport from day one

KOLM is towered with ILS, RNAV, and VOR approaches. Real clearances, real ATC vectors, real-world IFR system fluency.

Major-approach training

KSEA, KPDX, KPAE, KHIO Class B, C, and D IFR ops are weekly syllabus destinations, not occasional field trips.

Washington flight regulations

Wildfire TFRs over Capitol Forest, R-6703 military airspace, and noise-sensitive zones near KSEA every flight briefing covers the local layers.

Clear, Predictable Rates & Financing

No hidden fuel surcharges. No surprise approach fees. Just honest rates backed by flexible aviation financing options.

OFFICIAL RATE

Aircraft Leasebacks

Turnkey Revenue Share Split + Free 5-Year Pro Forma

An all-inclusive rate covering aircraft flight hours, Gold Seal flight instruction, ground briefings, and syllabus materials.

Key Factors Influencing Your Total Investment

All-Inclusive Package Rate

Our $249 discovery flight is completely flat-rate with no fuel surcharges or airport landing fees.

Aircraft Fleet Selection

Flown in our modern Garmin G1000 glass cockpit fleet with modern Austro or Lycoming powerplants.

Logged Dual Instruction

Covers 1.0 hour of certified FAA flight instruction and 0.5 hours of ground instruction.

Complimentary Logbook

Includes a standard FAA pilot logbook endorsed by your instructor for your personal aviation records.

Passenger Policy

Subject to weight and balance calculations, one guest may accompany you in the rear seat with prior approval.

Weather Guarantee

If marginal weather prevents a safe VFR flight, we reschedule your lesson promptly at no extra charge.

What Our Students Say

Real feedback from student pilots, aircraft owners, and commercial aviators trained at Olympia Regional Airport (KOLM).
Pilot at the controls of a Diamond DA40 with Garmin G1000

Marcus V.

Instrument Rated Pilot · Olympia, WA

“Training in the Diamond DA40 at Prop Culture Aviation was the best decision of my aviation journey. The G1000 glass cockpit and the quality of instructors at Olympia made my instrument checkride a breeze.”
Aircraft maintenance inside the Prop Culture Aviation hangar

Dr. Gregory T.

Aircraft Owner · Tumwater, WA

“The maintenance team at Prop Culture performed a pre-buy inspection on a Cirrus SR22 for me. Their attention to detail caught a hidden SB issue that saved me thousands during negotiations. True professionals.”
Flight instructor briefing a student pilot before a lesson

Sarah L.

Commercial Multi-Engine Pilot · Seattle, WA

“I finished my commercial certificate in their accelerated finishing program in just 4 days. Zero wasted time, well-maintained aircraft, and chief pilot Dana’s guidance was top tier.”

Commercial pilot flight training in a Diamond DA40

David K.

Private Pilot · Lacey, WA

“The structured ground school and hands-on stick time during my private pilot training gave me so much confidence. Olympia tower controllers are wonderful to work with.”
Diamond DA40 XLS parked at Olympia Regional Airport

Brian M.

Diamond DA40 Owner · Tacoma, WA

“Flawless annual inspection on our Diamond DA40. The logbook write-up was crystal clear and turnaround was fast. They are the best composite shop in the South Sound.”
Student on a discovery flight in a Diamond aircraft

Elena R.

Student Pilot · Olympia, WA

“Took my first discovery flight as a birthday gift and was completely hooked. Enrolled in PPL training the very next week. Incredible team and mentorship.”

Have Specific Questions?

Speak directly with our Chief Flight Instructor or Director of Maintenance to discuss training schedules, leaseback pro formas, or inspection slots.

Will I really get to fly the airplane myself?
Yes! From the moment you climb into the pilot seat, your instructor will guide you. Once airborne at cruising altitude, you will take positive control of the yoke/stick and throttles to fly straight-and-level, climbs, descents, and gentle turns.

No prior experience or FAA medical certificate is required for an introductory Discovery Flight. All you need is a valid government-issued photo ID (driver’s license or passport) and a desire to experience flying.

Yes. We provide you with a complimentary official FAA Pilot Logbook, and your instructor will endorse your first 1.0 hour of dual flight instruction toward the FAA Private Pilot statutory requirements.

Subject to aircraft weight and balance limits and chief pilot approval, you may bring one guest along in the rear passenger seat for a small additional passenger weight fee. Please notify us when scheduling.

Yes after earning a Private Pilot Certificate, you may be eligible to rent aircraft subject to a checkout flight with our instructors.
Wear comfortable casual clothing, closed-toe flat shoes (such as sneakers), and bring a pair of sunglasses for clear vision in the bright Pacific Northwest skies.
Safety is our absolute priority. If low clouds, fog, or high winds prevent safe Visual Flight Rules (VFR) flight, we will contact you in advance to reschedule your flight at no additional cost.
During your post-flight debrief, your instructor will outline your personalized training roadmap, review ground school options, and help you schedule regular flight slots that fit your weekly routine.

You can purchase a Discovery Flight gift voucher directly through our website booking system or by calling our Olympia flight desk. Vouchers are valid for 12 months with easy online scheduling.