That's a great thing indeed.
But someone bought them to start the club with cash?
I'm finding that plane financers distinguish between a loan that I take out
for a plane that I fly and a loan that I take out to lease back to a club.
I'm not clear on the reasons why they do that. As long as they get paid
what difference does it make to them? (that's rhetorical, unless you know
20 vs. 10 years or less. It's an important difference if a plane doesn't fly
enough during a given month.
Good luck on finding new members! R. Hubbell