- Messages
- 601
- Likes
- 1,591
From the OWH:
Private Jet Approved
When NU assumes ownership of a LearJet 45, manufactured in 2000, later this month, it will be the first time in a little more than a decade it has had sole control over a private aircraft.
The University of Nebraska Foundation sold its 2002 Beechcraft King Air B200 in 2013 for a reported $2.1 million, and the university began contracting with fixed-based operators for air travel by Husker Athletics staff and other administrators.
In accepting the gift of the new jet from an anonymous donor, NU will also end a contract with Silverhawk Aviation renewed in January 2020 for a five-year term at a cost of $4.9 million that gave it a 50% ownership of a Cessna Citation 560.
NU will enter into a new contract with Ascend Aviation Management to store, maintain, insure and provide pilots to fly the LearJet, the university said.
The new contract will cost $1.55 million annually — an increase over the $1.3 million annual cost of the contract with Silverhawk — to be paid from athletic department funds.
No state tax dollars or tuition revenue will be put toward the new jet, administrators said Friday.
Kabourek said the plane is in "fantastic condition," but it will require a few minor upgrades.
"We should not expect any major capital improvements when we acquire it," he said.
The regents' agenda states the university "intends to utilize the Lear 45 to support Husker Athletics, among other University purposes."
Private Jet Approved
When NU assumes ownership of a LearJet 45, manufactured in 2000, later this month, it will be the first time in a little more than a decade it has had sole control over a private aircraft.
The University of Nebraska Foundation sold its 2002 Beechcraft King Air B200 in 2013 for a reported $2.1 million, and the university began contracting with fixed-based operators for air travel by Husker Athletics staff and other administrators.
In accepting the gift of the new jet from an anonymous donor, NU will also end a contract with Silverhawk Aviation renewed in January 2020 for a five-year term at a cost of $4.9 million that gave it a 50% ownership of a Cessna Citation 560.
NU will enter into a new contract with Ascend Aviation Management to store, maintain, insure and provide pilots to fly the LearJet, the university said.
The new contract will cost $1.55 million annually — an increase over the $1.3 million annual cost of the contract with Silverhawk — to be paid from athletic department funds.
No state tax dollars or tuition revenue will be put toward the new jet, administrators said Friday.
Kabourek said the plane is in "fantastic condition," but it will require a few minor upgrades.
"We should not expect any major capital improvements when we acquire it," he said.
The regents' agenda states the university "intends to utilize the Lear 45 to support Husker Athletics, among other University purposes."
