Ok, so here's a wrap up. The Mustang is $1200/hr to rent, inter-university only, no charters. There are 6 people who are authorized to fly it. Only 1 at the moment as single pilot ops. You are free to rent it if you are within the university, and with programs like the law, nursing, and the new energy center, there will be some people renting it.
As far as Air China, there has been a little talk, but not much. At this point if they want to train in it, great, if not, oh well.
As for the 150, it's back and shiny, but very small. The rumor is that it's useful load is less than that of the decathalons. The reason we brought the 150 back was for a bigger useful load to do spins at a higher weight. Not sure, but that might be an issue at the moment. The decathalons need a lot of maintenance though, so the 150 will probably still be used quite a bit.
As far as jet transition training, that will probably be done in the D-jet. I remember getting 7 hrs in the Baron during 325. It was a lot more, but also a lot more fun. You can't use a jet for the whole training without selling a leg or something, but small portions can be a big help.
Hope this helps clear a few things out, but if nothing else... that Mustang is very shiny.... :rawk: