Specifications

Description

Overview A turn-key ownership opportunity — not just an aircraft, a working revenue program with a like-new airframe attached. This 2023 Diamond DA40 NG has been operating under the DiamondShare® program since December 2023 with three tenured members on fixed monthly lease payments. The aircraft, the members, the KRDU hangar, and the operating structure all transfer at closing. Day one after the sale, the monthly checks continue. What transfers at closing The aircraft — 2023 Diamond DA40 NG · Serial 40.NC283 · 320 total hours · immaculately maintained under professional supervision Three active DiamondShare members under signed one-year agreements, paying fixed monthly lease payments Transferable KRDU hangar lease — $698/month, below market for the Raleigh-Durham region LSA program management — member vetting, scheduling, contract administration, insurance coordination, accounting Best Tug electric ground-handling tug, aircraft cover, tow bar, and all support equipment The DiamondShare program DiamondShare® is a structured dry-lease access program developed and operated by LifeStyle Aviation. A single owner holds the aircraft; 1–3 members lease access under fixed monthly payments for a one-year term. This is not fractional ownership, and it is not a flying club — it is a tested, repeatable revenue model. N642DZ has 30+ months of validated revenue under the same program structure with a stable member base. Why this listing is different Most aircraft listings sell metal. This one transfers a working business with a like-new DA40 NG attached. The members are tenured. The aircraft has been operated gently — roughly 120 hours per year — under professional oversight and maintained meticulously. There is no transition gap, no member recruitment to fund, and no hangar search at the destination. Tax treatment Owner-operated business aircraft in a documented revenue program is among the most defensible tax positions in general aviation. At 100% qualified business use, the federal tax flow-through can substantially exceed every cash-flow line in the deal. Detailed pro forma available to qualified buyers under NDA. Consult your tax advisor for current treatment under 2026 law. Due diligence package Detailed financial pro forma, anonymized member profiles (tenure, profession category, YTD hours), full equipment list, maintenance records, hangar lease documentation, and the complete 49-image gallery are available to qualified buyers under NDA. Contact a LifeStyle Aviation counselor to begin.