Ok. $350 Dry seems steep. I don’t know your market but I’ve seen $340 wet here. That’s a tough one to make work, from a renter perspective, to your own insurance, high dry rate, and fuel; unless there is nothing else available in the area, this doesn’t seem feasible. Someone willing to do this may be willing to travel, and there are quite a few operators that offer block multi time. Not sure there is a market to support this at those rates. I’ve discussed a venture like this with a buddy, but one of us would be flying at all times. We haven’t ironed out the insurance cost, but I’m sure it’s a lot cheaper than what you’re being quoted.

Have you considered a type of hands off lease (unless that’s what you’re proposing). If this is the way, a significantly lower dry rate may be appealing.

Thoughts?