Am I liable if the plane crashes?

Your airplane is insured on the school’s policy and they have care and custody of your plane, so unless you are responsible for any gross negligence, you will not likely be liable.

Without a special state statute imposing liability on aircraft owners, an innocent owner who loans, rents or leases an aircraft to another party is usually not held liable for the negligence of that party in most states. Brown v. Astrin Enterprises & NAFTA et al, 989 F. Supp. 1399, 1406 (N. D. Alabama, 1997)

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