Replies to post #49187 on Phoenix Associates Land Syndicate (fka PBLSQ)

[BLT321]

My GUESS is they own none of the aircraft. Lease backs and "fractional ownership" are very common for expensive aircraft. Lots of investment money for that sort of thing in South Florida.

Looks like Mr. Alonzo is forming his own little "Net Jets"...which I think is a good thing. For example, I am told that Cessna contracted for over 90 business jets at the Paris Air show this June. Guess what...47 of them went to Net Jets.

Of course...none of this matters until we find out what blended aggregate is.

blt

[GroundUp]

not a silly question. it's one we should have answers too.. and like many other things to do with PBLS.. a mystery..