Am I personally responsible for the lease payments and damages to the helicopter?

You’ll carry insurance to cover damage to the helicopter and you will be responsible to make the lease payments.

Who pays the deductible portion of an insurance claim?

The operator is responsible to pay the deductible portion of any insurance claim.

What happens if the aircraft is damaged?

We can decide to either repair or replace the helicopter or terminate the lease. You’ll provide insurance to cover the cost to replace or repair the helicopter.

What kind of flight schools are you leasing to?

We’re leasing to large schools with multiple aircraft and to small startups. We enjoy working with flight schools that will maintain the helicopter to a high standard of airworthiness and who consider safety as their first priority.

What happens at the end of the lease?

You return the helicopter to us and we will conduct a post-lease inspection. You agree to repair any damage or mechanical discrepancies except for normal wear and tear.

Where is the aircraft located and who pays for ferry time?

Helicopters are most often available for pickup at our Tennessee location, but other arrangements can be made. You’ll be responsible for flight time from the pickup location to your location.

What does Touchstone pay for?

We pay for the 2,200 hour overhaul reserve as well as the parts necessary to comply with any Airworthiness Directives.

What costs do I pay for?

You’ll cover the cost of fuel, maintenance, hangar, insurance, and any local taxes or registration fees.

Who pays for Service Bulletins and Airworthiness Directives?

We pay for the parts necessary to comply with ADs and the operator pays for the labor to comply with ADs and parts and labor to comply with SBs.

How does the warranty work?

Robinson and Lycoming offer limited warranties on new aircraft and limited warranties for overhauled aircraft components. Proceeds from these warranties are available to the Lessee to cover applicable repairs and replacements.

Do you require a minimum number of hours per month?

The minimum requirements for all Lessees are determined on a case-by-case basis. Our leases have an averaging system so that if you don’t meet the minimum in a slow month, you can use those hours in a busier month (see the lease for details). The Monthly Lease Option does not have a minimum usage requirement.

How quickly can I get my helicopter?

If we have a helicopter in inventory it can be ready for pickup in as little as one week after you sign the lease and make the security deposit. If we don’t have one in inventory, we can usually get a new or used aircraft on the open market in 2-4 weeks.

How much cash do I need to get started?

Our lease requires a refundable security deposit of $4,500 for a Beta II and $9,500 for a Raven II and the 1st month’s payment. The actual security deposit amount will be determined after submission of Lessee’s lease application and is determined based on Lessee’s credit history and the intended location and use of the Helicopter.