EFTA01033064.pdf

From: Lawrence Summers < To: J <jeevacation®gmail.com> CC: Ihsoffice Subject: Re: Questions Date: Thu, 14 Mar 2019 19:14:45 +0000 Whoa. I was thinking of buying a share in Pilatus where it was claimed u got jet for 3700 an hour and props for 1500 an hour with much lower marginal cost and using 60 or 80 hours. Buying whole plane seems beyond me. Let's say I did 6 round trips west coast. 2 to Canada 1 to Mexico 25 to wash or nyc 5 to Florida or Caribbean and 3 to aspen Jackson hole or some such. These are well more than I do now but it would be easier. This would be 200 hrs a year. So cost close to a million a year. Deductible 600k. 15 years worth 9 million. It's a lot. Might do if I had 40 million more. Relative to net jets and like downsides might include If we owned more pressure for kids to use. More crap w crew rest and so couldn't do all I wanted. Lose use for maintenance. Still doesn't cover intra Europe or like. MIGHT PREFER LHS PRIVACY RE USE. HARDER W PILOTS. CONSPICUOUS CONSUMPTION IN MY WORLD GO BIG OPTION WOULD BE BUY 75 or 100 hours. AIRPORT NEAR MY CAPE HOUSE NEEDS PROPS. Sent from my iPhone Please direct all scheduling inquiries to my office at: Follow me on twitter @lhsummers www.lanysummers.com On Mar 14, 2019, at 11:55 AM, J <jeevacation®gmail.com> wrote: Venezuela , better choice. But Saudi would of course prefer iran . 2 answer re plane depends on tax( depreciation) , routes flown most often . Are you willing to share ? You could buy a small plane with coast to coast range . And still have enough money at the end of your life to fund stem programs in the inner cities On Thu, Mar 14, 2019 at 7:44 AM Lawrence Summers < > wrote: What are odds Donald wags dog in Iran Is buying a share in a plane a good idea EFTA01033064  Looks like dinner on. Sent from my iPhone Please direct all scheduling inquiries to my office at: Follow me on twitter @lhsummers www.larrysummers.com please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01033065