2.1 Company Ownership
Lansing Aviation, LLC has been created and legally organized as a Michigan Limited Liability
Company based in Lansing, Michigan. The principle investors and operators will be responsible
for all airplane acquisitions and company decisions.
2.2 Start-up Summary
The start-up costs of Lansing Aviation, LLC are approximately $6,850 which include:
• An aircraft down payment.
• Office expenses.
• Down payment on aircraft renter's and flight instructor's insurance.
• Hangar deposit and first month's rent.
• Aircraft loan application fees.
• ADF radio purchase.
• A small cash reserve.
• Legal costs.
These are detailed on the following chart and table.
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