Dec 15, 2008Leaseback Payback

GLDAS is excited to offer a first-of-its-kind promotion for new Diamond aircraft placed on leaseback with a flight school in our region:  Leaseback Payback.

Here's the dilemma: Bonus depreciation and expensing expire at the end of this year.  These programs offer substantial tax savings for leaseback aircraft.  However, winter can be a challenging time to bring an aircraft onto a flight line for rental.  GLDAS can help you realize your dream of aircraft ownership with our Leaseback Payback:

For a limited time, take delivery of any in-stock aircraft, and place that aircraft on leaseback at the flight school of your choice, and GLDAS will "top off" your first six months of leaseback income up to:

DA20 Eclipse	$1150 per month
DA40 - CS	$2000 per month
DA40 - XLS	$2350 per month
DA42 - TDI	$3000 per month

GLDAS will help you locate a flight school or Diamond Flight Center in your area and will provide marketing assistance to build your leaseback's rental hours.

Let GLDAS help you make your dream of aircraft ownership a reality without the risk of bad-weather disuse this winter.

Nov 14, 2008New DA42 -L360 on Display and Performance Published for DA42 L360 and DA42-NG (Austro)

Diamond flew the new DA42 Twinstar with the Lycoming power plants to AOPA Expo in San Jose, CA.  The aircraft looks great - both the engine nacelles and the new control quadrant show great fit and finish.

As for performance, the numbers speak for themselves:
Click here for the new performance statistics.

DA42 Performance

Aircraft	Maximum Cruise	Rate of Climb (SL)
DA42-NG	185 KTAS	1150 fpm
DA42-L360	180+ KTAS	2000 fpm

GLDAS is now accepting orders for the DA42 - L360, and deliveries are scheduled to begin by the middle of the first quarter, 2009.

Contact us for ordering and pricing information, and stay tuned for a more verbose DA42 update, which will be sent by early December to our DA42 customers.   If you wish to be added to our DA42 mailing list, please indicate so on the contact us page of this website.

Nov 09, 2008The Diamond Aviation Insurance Program means Real Dollar Savings

Diamond Aircraft and Eastern Aviation Insurance have announced the launch of the Diamond Aviation Insurance Program for Diamond Flight Centers and individual Diamond Aircraft owners.  The program, underwritten exclusively by AXA Insurance through Britt / Paulk Aviation Underwriters, offers lower, preferential insurance rates – and some terms not available in the general market – to make owning and operating a Diamond airplane even more attractive.

For Diamond Flight Centers, the program leverages the high quality of these audited, selected flight schools to improve upon already-attractive rates available for all Diamond Aircraft.  The program also offers terms and a scope of coverage not typically available to schools elsewhere:

• $1,000,000 smooth liability limit for owner operation of leaseback aircraft
• $0 deductible for the flight school
• Accidental death benefit for instructors
• Coverage options for ancillary risk at the Diamond Flight Center

Within our region, Great Lakes has introduced this coverage to two Diamond Flight Centers within the last month. Both have reduced their premiums by more than 30% while expanding the scope and quality of coverage.  Within our Dealer network, we have brought several demonstrator aircraft onto this coverage with 50% savings.

For further information, visit the Diamond Aviation Insurance website where you can learn more and obtain an online quote.

Sep 04, 2008Diamond HK36 Motor Gliders Are Back

Three years ago, Diamond suspended the Xtreme motor-glider production because of fleet expansion and remodeling of the factory floor in Austria.  The motor-gliders are now back in production, and GLDAS has 5 on order, with the first delivery in late October.
Price starts at e124,970 for the 100HP normally aspirated model and e134,270 for the 115HP turbocharged model.  A well-equipped unit will run $175,000 to $200,000.

Considering Sport Pilot? Consider the Motor-Glider Instead

Glider rules are more lenient than Sport Pilot rules, and no medical is required for either.  The HK36 cruises at 118 - 120 knots on 4 GPH, and the aircraft are fun to fly power-on or power-off. The new model motor-glider has a premium interior very similar to the current-model DA20 Eclipse. Product details are listed in our Products page

Great Lakes Diamond Aircraft Sales has nationwide distribution privileges for the HK36 in the US, so wherever you live, please contact Andy James for ordering and inventory details.

Dealers Wanted: We are looking for motor-glider dealers in parts of the US, who are rated and equipped with a demonstrator. Contact Andy for details.