callthebank: Planes?? You're kidding, right? Have you read the company's SEC filings? The last 10Q reported 11,963,171 of which 700,448 is a loan to RA, 906,000 a loan to his wife, 2,378,276 in Goodwill (a truly worthless asset), and a BS entry of 650,000 for a customer list.
RA owns no planes. Whatever his deal is with Universal Jet, it includes no assets at best being some kind of limited partnership.
Please, prove me wrong: Point me to any information in any SEC filing that indicates USXP owns any part of any company that owns any aircraft.