What is your opinion about the full sized airliner (Dehavilland Dash-8) that said "tech company" also bought?
Are you aware that the tech company in question was Universal Hydrogen, who was modifying aircraft to utilize a hydrogen fuel cell power system? Don't you think it would be reasonable for an aircraft development company to own flight test assets?
Besides, the cost of that little puddlejumper is the noise. It's a 1976 Piper Cherokee 235, nearly 50 years old. Fair market value of $150K currently, but they have been appreciating rapidly over the past 5 years or so, and it is likely that they will realize a profit on it's sale. Rather than a loss if they had leased a newer aircraft. But either way, it costs less than hiring a useless new college graduate "full stack" developer.
Are you aware that the tech company in question was Universal Hydrogen, who was modifying aircraft to utilize a hydrogen fuel cell power system? Don't you think it would be reasonable for an aircraft development company to own flight test assets?
Besides, the cost of that little puddlejumper is the noise. It's a 1976 Piper Cherokee 235, nearly 50 years old. Fair market value of $150K currently, but they have been appreciating rapidly over the past 5 years or so, and it is likely that they will realize a profit on it's sale. Rather than a loss if they had leased a newer aircraft. But either way, it costs less than hiring a useless new college graduate "full stack" developer.