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30 May 2025, 17:19 [ UTC - 5; DST ]


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 Post subject: Re: Cessna 501 insurance advice
PostPosted: 04 Jan 2025, 11:39 
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Joined: 12/29/10
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Username Protected wrote:

Simple, take a leave of absence from your current job, go fly-full time as FO/Gear Swinger for a regional or corporate gig and get the experience you'll need.


That’s a lot easier to say than to do… no one wants to hire someone who will be there just for 50 hours, and while there definitely are contract gigs open for SICs, you generally need to have the 61.55 already (or the type rating) AND network hard to get the gigs. The right seat can be a competitive seat to get and there are a lot of younger pilots trying to cut their teeth in the jet world by being a professional SIC.

Robert


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 Post subject: Re: Cessna 501 insurance advice
PostPosted: 04 Jan 2025, 21:02 
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To the discussion about leaving one’s day job or business to gain flying experience, at least in my case the opportunity cost of doing something like that would make zero sense. My business is what pays the Jet fuel bills and then some - it is a lot cheaper to just hire a mentor pilot than taking a sabbatical to get the required flight experience.

At $1200 x day, I would set aside 5-10 days of intense flying across the country and be done with it. I am sure that with enough planning, this is something that between two partners could be arranged with minimal disruption to your job or practice. Just a thought.


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 Post subject: Re: Cessna 501 insurance advice
PostPosted: 04 Jan 2025, 23:02 
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Joined: 12/30/15
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Guy,

I had similar times when I bought Avanti.

~2500 TT
400 ME in pressurized Aerostar and
Zero turbine.

I was only able to get 1M total liability with 100k/seat.
My rate was low 20s with 10 hours solo after Flight Safety.

Call CS&A if your second option does not come back lower.

After flying a 421 you don’t need 50 hours mentor time.

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I wanna go phastR.....and slowR


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 Post subject: Re: Cessna 501 insurance advice
PostPosted: 07 Jan 2025, 12:14 
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Joined: 12/20/11
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Location: WA77, KRNT, S50
Aircraft: S108, A36, BE36TC
Username Protected wrote:

Simple, take a leave of absence from your current job, go fly-full time as FO/Gear Swinger for a regional or corporate gig and get the experience you'll need.


That’s a lot easier to say than to do… no one wants to hire someone who will be there just for 50 hours, and while there definitely are contract gigs open for SICs, you generally need to have the 61.55 already (or the type rating) AND network hard to get the gigs. The right seat can be a competitive seat to get and there are a lot of younger pilots trying to cut their teeth in the jet world by being a professional SIC.

Robert


I would argue, it's way more than just gaining X number of hours. It's about gaining experience to handle situations, usually with someone substantially more experienced. And, if one has the right attitude, willing to learn its a great time. I've flown w ex-doctors who gave up the medical profession. Just as I wouldn't want some part-time doctor w minimal experience working on me, when you carry your office staff, its always best to find someone who really knows what is going on and can see situations develop before they actually do. My .02 worth anyway.

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 Post subject: Re: Cessna 501 insurance advice
PostPosted: 07 Jan 2025, 20:54 
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Username Protected wrote:
We got a quote from our agent for $36k and 50 hours mentor time.

Legally, AFTER getting your type rating, each one of you will be required to fly a min of 25 hours with a mentor pilot. (This assumes no twin turbojet type ratings currently exist) Until you have reached that 25 hours, your certificate will have a restriction requiring a mentor pilot. So, if both of you are getting typed, the plane (or a plane of the same type) will have to fly at least 50 hours before you can both legally fly single pilot. Note that the mentor pilot needs to be typed in the aircraft, but does not need to be a CFI.

I had about 2,000 hours when I was typed in an M2, and I was only required to have the 25 hours of mentor time. I suspect if you keep shopping, you might get the number of mentor hours reduced. However, I don’t see any way that the plane can fly less than 50 hours of mentor time between both partners, and that’s assuming you get typed in a sim. If you get typed in the plane, you’ll need to add the training and type rating time to the mentor time.

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 Post subject: Re: Cessna 501 insurance advice
PostPosted: 07 Jan 2025, 21:21 
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Joined: 12/16/22
Posts: 431
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Aircraft: B55
Username Protected wrote:
Legally, AFTER getting your type rating, each one of you will be required to fly a min of 25 hours with a mentor pilot. (This assumes no twin turbojet type ratings currently exist) Until you have reached that 25 hours, your certificate will have a restriction requiring a mentor pilot. So, if both of you are getting typed, the plane (or a plane of the same type) will have to fly at least 50 hours before you can both legally fly single pilot. Note that the mentor pilot needs to be typed in the aircraft, but does not need to be a CFI.

I had about 2,000 hours when I was typed in an M2, and I was only required to have the 25 hours of mentor time. I suspect if you keep shopping, you might get the number of mentor hours reduced. However, I don’t see any way that the plane can fly less than 50 hours of mentor time between both partners, and that’s assuming you get typed in a sim. If you get typed in the plane, you’ll need to add the training and type rating time to the mentor time.


If an applicant gets typed in the aircraft (rather than simulator), they won't have SOE on their type.


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 Post subject: Re: Cessna 501 insurance advice
PostPosted: 08 Jan 2025, 15:55 
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Username Protected wrote:
If an applicant gets typed in the aircraft (rather than simulator), they won't have SOE on their type.

Ahh, correct. Forgot about that provision. Thank you for correcting me.

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Mark Woglom


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