[color=#008080]Yeah Definitely a clown plane[/color]

One thing for sure the owners don't have their heads nearly as far up their arses.

Any recession so severe that cuts stocks in half will have a sharp downward pressure on the price of PC-12s as well.

Any recession so severe that cuts stocks in half will have a sharp downward pressure on the price of PC-12s as well.

Does anyone actually buy a 9 passenger seat Pilatus? It's hard to find a 7 seat PC-12 charter around here, forget 8. 9? sounds like an island hopper - my knees would be behind my ears.

And as much as I could wish it, no PC-12 is going for $1.3mm anytime soon.

Chip-

Hi Chip, I’m Chip. And I’m curious about this seat deal myself!

PC12's come with 11 seats. How many you actually install is up to you. To fit all 11 seats you need to remove the lav. 8 total seats is the perfect setup. 9 is fine too.

I don't think that is as far in the future as you think. The Denali and PC12 XL are going to push the prices of late model PC12's down. The decreased prices in late models will push the legacy models down, the fleet is aging, the avionics are expensive to maintain. Here is one for 1.6 with a zero time engine (does that mean new engine or run out engine?) several more in the low 2's, and many in that age range with call for price, which suggests with 56 Pilatus for sale on controller, it is shifting to a buyers market. I am sure there are a lot out there that can be had between 1.5 and 2.0. But then you still will have a 4-5 mil older airframe to maintain. I can imagine that in my flying career we will see Pilatus's priced at the residual value of the engines, kind of like we see with old jets.

Not if they cost $5MM+ new they won't. If the new SETP's can get more speed they can charge more for them because they will eat more into the small jet market than they already are. If they aren't upgraded in any way then you're probably right.

That's an 8000+ hour bird you posted.

Not if they cost $5MM+ new they won't

That's an 8000+ hour bird you posted.

I edited my post to reflect more of what I was trying to say.

I think a $1.6MM asking price for an 8000 hour PC12 is high high.

8 pax seats (so total 10 ppl) with no lav is very comfortable, that's how our "island hoppers" are configured. Plenty of legroom and space for cargo too.

STEAM GAUGES!!!!! I CAN'T FLY THAT!

Not if it holds it's value.

I'd rather spend $4MM on something I can sell years later for $4MM than $700K on something I can't give away later on.

Forget the 50% drop.

What investments do you have with a "guaranteed" return of capital investment?

The market value of an airplane fluctuates like any other market asset. It's a calculated risk. No matter how much I calculate risk, there are no guarantees and that includes "guaranteed return on capital investment".