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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 14:21 
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Location: Frederick , MD (KHGR)
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Username Protected wrote:
Better have lots of Cash for that Turbine MX event.

That is an example of fear from piston unreliability mixed with turbine costs.

If you are truly frightened by some engine event, then get on the engine program which is power by the hour. Craig said it cost him $42.75/hr/engine for the program, at 75 hours/year, that's $6,400 per year. Remember this includes SCHEDULED maintenance, UNSCHEDULED events, HOT SECTION, OVERHAUL, ADs, and SBs. And it includes a bit of profit, too. Think about it.

Nobody would sell you an engine program, that includes ALL of those things, for a Baron for $6400/year to fly 132 hours/year (roughly same miles as MU2 75 hours). That works out to $24/hr/engine, that barely covers overhaul reserve much less any routine maintenance and certainly no "events" along the way.

As for the rest of the airplane, the turbine puts less stress on everything, so that lasts longer, too.

Insurance typically covers FOD damage, too, as mine does.

Mike C.




Mike- I'm sure of the particulars of the engine program of the MU2.. I do know that all engine programs charge you a minimum monthly, so the program charges you for 100 hrs whether you fly or not.... To me this has now become a fixed expense for aircraft ownership that you may want but you may not want... I also know that not being on the "engine program" is a real deterrent to the value or when you go to sell.

So to me the engine program is a way to avoid that BIG expense that we all fear.. The engine program is not free and it cost you interest on your capital and requires strict compliance.

The Billion aires that I've worked for just cut a check rather than get in the program which tells me that its better to hold your cash than send the monthly payment in IF you are well heeled as they are..

The whole MX and engine deal is a numbers game BUT no way I'll be convinced an MU2 can be operated at the cost of a Baron.. EDIT: or the exposure
_________________
Good Luck,

Tim
-------------------


Last edited on 21 Feb 2015, 14:25, edited 1 time in total.

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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 14:22 
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Bill -- I don't follow your reasoning..

The MU2 is a great plane if your in the market and have the mission for a TP BUT trying to convince me that one can own and operate any TP at the comparison of a Baron is crazy crazy thinking as we attempt to talk ourselves into it..

I'm not sure what a windshield would cost on an MU2 but any Windshield whether a jet, tp or recip is an expensive event, mainly due to labor. I would compare a total engine failure event and ask yourself if you could swallow this ? This would be more my point !! More like a broken finger nail to breaking your back...... Then I'd ask myself: is my mission so important that I need to get to my destination 40 minutes earlier ? or Is my mission important enough to expose myself to financial burden of an engine purchase? For me the answer is NO...
I tend to make decision based on worse case scenerios rather than smelling the roses..

Owning a TP requires eyes wide open approach....


One RAM engine installed on 58P $60K, according to RAM, TBO of 1600. Include a set of jugs, turbo, some exhaust work in between, and your total cost per side is 80K, or 50 per hour. Just about what it costs of put a Garret Grenade on a engine program and have your costs be exactly predictable. The costs are identical. Yours just happen in $80K increments, instead of $240K increments. The difference is, on an engine program, you won't have to pay for it if it decides to explode. I'd like to see RAM offer a free replacement when it throws a rod.

Once again, check the price on your cowl flap motor. Beech is asking $54K…

Now check the speed delta 280 vs 220 knots, the the fact that Jet A is 70% of 100LL.


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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 14:27 
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Username Protected wrote:
Bill -- I don't follow your reasoning..

The MU2 is a great plane if your in the market and have the mission for a TP BUT trying to convince me that one can own and operate any TP at the comparison of a Baron is crazy crazy thinking as we attempt to talk ourselves into it..

I'm not sure what a windshield would cost on an MU2 but any Windshield whether a jet, tp or recip is an expensive event, mainly due to labor. I would compare a total engine failure event and ask yourself if you could swallow this ? This would be more my point !! More like a broken finger nail to breaking your back...... Then I'd ask myself: is my mission so important that I need to get to my destination 40 minutes earlier ? or Is my mission important enough to expose myself to financial burden of an engine purchase? For me the answer is NO...
I tend to make decision based on worse case scenerios rather than smelling the roses..

Owning a TP requires eyes wide open approach....


One RAM engine installed on 58P $60K, according to RAM, TBO of 1600. Include a set of jugs, turbo, some exhaust work in between, and your total cost per side is 80K, or 50 per hour. Just about what it costs of put a Garret Grenade on a engine program and have your costs be exactly predictable. The costs are identical. Yours just happen in $80K increments, instead of $240K increments. The difference is, on an engine program, you won't have to pay for it if it decides to explode. I'd like to see RAM offer a free replacement when it throws a rod.

Once again, check the price on your cowl flap motor. Beech is asking $54K...


You said, "Garrett grenade".
Hahahaha, love it! Haven't heard that since the 90's. Did the early ones go TU a lot or something? Everybody had such a chubby for the Pratts back then, that's why I had Cheyennes. Funny how things change...

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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 14:36 
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Big difference is you cannot maintain a turboprop in a half assed manner, or at least it's much harder. You can skip a lot of corners on a twin engine piston if you have a "willing" mechanic.


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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 14:36 
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Location: Frederick , MD (KHGR)
Aircraft: C421 B36TC 58P
Username Protected wrote:
I had a PBaron. It cost more per hour than my Aerostar. My Aerostar costs more per hour than my Mits. The Mits also handles ice much better, climbs better, engines have MUCH lower MTBF, faster, cruise, etc...than either. The only downside is you can't make it work at 2000' cruise because you won't have any range.

Get an engine program, the worry about the motors goes away.



Craig- Flew Tpe-331 for 3000+ hours in the early 90s but never owned a TP but would like to and the MU2 would be great !!
I don't like comparing aircraft per/HR simply because at the lower annual hours the comparison is skewed. I'd like to see the MU2 vice the B58 flying 75 hours a year...
I would expect a MU2 to climb better and cruise higher.

The TP ownership is hard to compare against the 58. Heck, just about every airport has some sort of Mechanic that can work on a Baron or A36-- Just not sure if your AOG that Willie the mechanic could help with the MU2

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Tim
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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 14:40 
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Username Protected wrote:
Big difference is you cannot maintain a turboprop in a half assed manner, or at least it's much harder. You can skip a lot of corners on a twin engine piston if you have a "willing" mechanic.


Only crazy people and fools look for a "willing mechanic"; fortunately, that seems to be another thing that's changed some since the 90's. I feel like people take aviation a lot more seriously these days.


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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 14:57 
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Joined: 12/03/14
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Company: Ciholas, Inc
Location: KEHR
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Username Protected wrote:
I'm not sure what a windshield would cost on an MU2 but any Windshield whether a jet, tp or recip is an expensive event, mainly due to labor.

Early MU2s (like mine) have far cheaper plex windshields that require less often replacement and are far cheaper to replace. All MU2s are known ice, even those with plex windshields (which use glycol).

Quote:
I would compare a total engine failure event and ask yourself if you could swallow this ?

One, engines are universally on oil analysis and they can detect small problems with great precision. The wear "signal" is not swamped by the crap in a piston engine. Problems are caught before they happen. My oil analysis shows not a single wear metal over 1 ppm. Iron is 0.1 ppm on my last sample.

Two, FOD is the most common unpredictable engine event and it is generally covered by insurance.

Three, this event rarely takes out both the gear box and the hot section, so you have half an engine to rebuild, not all of it.

Four, these sorts of events happen VERY rarely.

Fifth, you can buy used engines, so there are ways to keep flying without having to do a complete engine rebuild.

Quote:
More like a broken finger nail to breaking your back......

You mean throwing a rod through a case is a broken finger nail?

Quote:
Then I'd ask myself: is my mission so important that I need to get to my destination 40 minutes earlier ?

The 40 minutes is nice but not the major reason to go turbine. The ability to go when the Baron doesn't is nicer. The ability to not have the airplane in the shop for weeks is even nicer still.

Quote:
I tend to make decision based on worse case scenerios rather than smiling the roses..

You lack imagination of what "worst case" means for piston aircraft.

Quote:
Owning a TP requires eyes wide open approach....

Yes, but those eyes need to be attached to a brain as well which can assess the situation fairly. If all you can do is evaluate the worst case scenario, you should never have become a pilot in the first place.

Make no mistake, I suffered from great anxiety about all of these issues. Now 7 years into owning an MU2, I have fully recovered from that.

Mike C.

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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 15:01 
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Username Protected wrote:
You can skip a lot of corners on a twin engine piston if you have a "willing" mechanic.

That drives UP the cost of owning a piston twin, IMO.

Mike C.

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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 15:16 
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Joined: 01/09/13
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Location: Frederick , MD (KHGR)
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Username Protected wrote:
I'm not sure what a windshield would cost on an MU2 but any Windshield whether a jet, tp or recip is an expensive event, mainly due to labor.

Early MU2s (like mine) have far cheaper plex windshields that require less often replacement and are far cheaper to replace. All MU2s are known ice, even those with plex windshields (which use glycol).

Quote:
I would compare a total engine failure event and ask yourself if you could swallow this ?

One, engines are universally on oil analysis and they can detect small problems with great precision. The wear "signal" is not swamped by the crap in a piston engine. Problems are caught before they happen. My oil analysis shows not a single wear metal over 1 ppm. Iron is 0.1 ppm on my last sample.

Two, FOD is the most common unpredictable engine event and it is generally covered by insurance.

Three, this event rarely takes out both the gear box and the hot section, so you have half an engine to rebuild, not all of it.

Four, these sorts of events happen VERY rarely.

Fifth, you can buy used engines, so there are ways to keep flying without having to do a complete engine rebuild.

Quote:
More like a broken finger nail to breaking your back......

You mean throwing a rod through a case is a broken finger nail?

Quote:
Then I'd ask myself: is my mission so important that I need to get to my destination 40 minutes earlier ?

The 40 minutes is nice but not the major reason to go turbine. The ability to go when the Baron doesn't is nicer. The ability to not have the airplane in the shop for weeks is even nicer still.

Quote:
I tend to make decision based on worse case scenerios rather than smiling the roses..

You lack imagination of what "worst case" means for piston aircraft.

Quote:
Owning a TP requires eyes wide open approach....

Yes, but those eyes need to be attached to a brain as well which can assess the situation fairly. If all you can do is evaluate the worst case scenario, you should never have become a pilot in the first place.

Make no mistake, I suffered from great anxiety about all of these issues. Now 7 years into owning an MU2, I have fully recovered from that.

Mike C.




:whiteflag: :whiteflag:

Mike- I was afraid of one of your outstanding post.. I'm going to buy 2 MU2s this week.. 1 for even days and 1 for odd days..
_________________
Good Luck,

Tim
-------------------


Last edited on 21 Feb 2015, 15:19, edited 1 time in total.

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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 15:16 
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Username Protected wrote:
I do know that all engine programs charge you a minimum monthly, so the program charges you for 100 hrs whether you fly or not....

I think the min hours/year on some programs goes down to 75.

Quote:
I also know that not being on the "engine program" is a real deterrent to the value or when you go to sell.

I personally don't share that view. It can also be a negative, too, as there is this requirement to keep paying in or lose the value so far spent. The new owner may not want the program, but the old owner wants the value paid for.

I didn't want to be on the programs, and most MU2s are not.

Quote:
The Billion aires that I've worked for just cut a check rather than get in the program which tells me that its better to hold your cash than send the monthly payment in IF you are well heeled as they are..

I'm not a billionaire, and I computed my costs would be better off program and I was willing to take the small but non zero risk of a uninsured major event.

In the end, I'm never going to reach overhaul, so my engine value will be determined by the market when I sell.

Quote:
no way I'll be convinced an MU2 can be operated at the cost of a Baron.. EDIT: or the exposure

It is a lot closer than you think.

I guarantee I have spent less on engine maintenance per mile than a Baron owner who has flown the exact same missions as me even if the Baron has had NO engine events (cylinder pulled, overhaul, etc). The Baron pilot will overhaul his engines 5 TIMES before I overhaul mine for the same miles flown. He will change oil 30 TIMES more often per mile.

Fuel cost per mile is about the same and the 100LL versus Jet-A spread is getting worse. There are a large number of places now I can get jet fuel for under $3/gallon.

For the small cost increment over a Baron, you get 300+ knots, FL280, turbine reliability, known ice, pressurized large cabin. That's a DEAL!

Mike C.

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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 15:21 
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I'd like to see the numbers flying a P Baron and an MU2 75 hours annually. Mid time engines, capital cost, hangar all in...

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Good Luck,

Tim
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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 15:33 
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My minimum on the hours is 75 for GMP.

FYI. My OP has the costs broken out.


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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 15:38 
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It looks like MU2s have various seating configuration, engines etc...
What will $400K get me?

Educated me..

Please post your budget for operating this aircraft..

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Tim
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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 15:46 
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It's really hard to get your head around something being cheap when overhauls can be north of 300k, but I can say that I've never seen any big surprises with TP's and Jets for over 20 years, at least from the motor side. They are reliable as all get out. Not reliable enough to only have one though...

Other systems can get you, like windows and air cycle machines, but the engines are bullet proof. If it's a concern the engine program makes much sense. Sounds like many go to the Pressurized Piston, which is the worst of all worlds when it comes to maintenance and reliability, so I'm sure the TP is a welcome addition. Essentially, you are going from the worst to the best in terms of efficiency, from an operational and maintenance perspective. :cheers:


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 Post subject: Re: First MU2 100 hour
PostPosted: 21 Feb 2015, 16:04 
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Username Protected wrote:
Nobody will believe this, aside maybe from other MU2 drivers, so I'll post up the bills if anybody needs me to; pics or it didn't happen and all that.

My first 100 hour has come and gone. During my first 100 hours I racked up a whopping just under 10 grand in MX, including the 100 hour inspection. I racked up 9k in engine reserve.

That's just under $200/hour for airframe.

Insurance, 12k/year. Hangar, $16,800/year. Training, Firelight, gizmos, bs, 6k/year. Call the whole bit 35k/year, so like 3k/month. I flew 100 hours in just under three months, so that's another $90/hour.

Let's pad it a little and call it all in excluding gas like $300/hour.

Gas is averaging me ~3.50 gallon, I'm burning 85 gals/hour when you figure short segments in there. Call that another $300/hour.

So, for $600/hour all in, I've got a 300 and low change knot bird that seats six comfortably, climbs right to FL270 or FL280, handles ice well, and goes 1300NM with an IFR reserve. Climbs like a raped ape. Stops on icy runways with no drama and little distance, takes off on less than 2500'.

I'm waiting for the other shoe to drop. I couldn't be happier.



GMP is the cost of the hours used to ante in. One motor had 50 hours; it was 42.75 an hour to play, so just over 2k. The other motor is just about to cycle out, I've got about 40 cycles left; it was 170k to start with a limit of 270k at the overhaul. The program does increase with inflation, but then again, so do the parts from Honeywell. At least I've got a cap on the increases in my contract this way. Also, about three weeks after I got on the program, I saw a note for SBs on the motors-

"Honeywell has recently issued a few service bulletins of interest for MU2 owners and operators. The first one to note is Service Bulletin TPE331-72-2208. This is a Category 2 service bulletin which addresses a substantial improvement to reliability. 72-2208 applies to all second stage compressor impellers P/N 893482-1 thru -5 and 3107056-1,-2 so it will likely affect all MU2 engines currently being operated.





Craig-- Why don't you include you MX program expense in your "ALL IN" numbers? The programs to me are just a prepayment program or insurance.

_________________
Good Luck,

Tim
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