That's good!

The upgrades are awesome, but I still haven’t heard anybody address the price increase (if there is one). To me, position holders should only pay the marginal % difference as what was contracted for at yesterday’s price vs the new price with the enhancements. For example, if it is an 8% increase, that 8% should be applied to the early positions contract value. That seems fair. I may not have articulated clearly...

That is how it is done. Problem is all the options. People want them, and the options are effectively more expensive for position holders.

Tim

It doesn't take a genius to figure this stuff out.

Started at $1.39M. This is the price most of the position holders have.

A few years ago, went to $1.96M.

Now price is $2.38M base, $2.75M loaded.

Time to make a G2 and raise the price. Nearly all the changes are $0 extra per aircraft, only material thing is the autothrottle, which costs maybe $0.02M to add the servo (and AT was planned from the start, this isn't a "new" feature, but finally delivering on an old promise).

Pretty sure they aren't making money at $1.39M if it now costs more than double that now.

Mike C.

Dude, what are you trying to say?

Is the M500 really better than the M600 on hot and high performance?

Tim

Oh, the irony.

4 wk transition to jet pilot
https://www.aopa.org/news-and-media/all ... -jet-pilot

A pre-requisite of that functionality was the auto-throttle. Next up, brake by wire.

Does this mean that I can get a used G1 at a bargain basement price? Where’s the ramp appeal in that?

G2 base price, no "options", is $2.38M as reported by AIN. Suggests similarly equipped, around $2.6M or so. There will be some CPI applied, though the year is reset to recent.

AIN also said full options is $2.75M.

From AVweb, Dec 2008:

The base price for the jet, now at about $1 million, is sure to change by the time it reaches the market, which will be sometime after 2011 or 2012, but Klapmeier said he hopes to keep the price in that general ballpark.

It must be a big ball park.

At pushing $3M, it's getting harder to see the supposed economic advantages of being a single engine airplane.


$1.39M + CPI + no options should equal the contract price.


Would be interesting to see how that works out, though I doubt position holders will be forthcoming with the details.

Mike C.

That means they like their new airplanes.

Demand is from 12 years ago. Demand today? Hmmm.

Clear the order book, bring the SF50 G2 to market today at $2.38 to 2.75M. Would demand outstrip production of ~80 aircraft/year?

Highly doubt that. Eclipse couldn't sell more than a handful of EA550s at $3M.


Yeah, and the moon landing didn't happen either.

It's a great strategy for Cirrus. Instead of selling a bunch of airplanes below cost, bump the price up nearly a $1M, make the long suffering depositors pay that. The order book growth had basically stopped, so the extra $1M cost isn't going to hurt new sales, there aren't many of those anyway, so turn to the one source of revenue you got, the depositors.

Now Cirrus will make maybe 300-400 SF50, the order book will shrink a bit, but the planes will now be profitable. When the order book comes to the end, the line will slow down, and then, maybe, they will build a twin. It will probably be a pretty nice airplane when they do it.

Cirrus is doing what they need to do to survive. Building SF50s below cost is a death sentence, ask Eclipse about that.

Mike C.

Waited 5003 days to get it, 28 days to learn to fly it, and it is already obsolete.

Mike C.

Hint: they look exactly the same on the ramp.

Wonder if Cirrus will issue an SB to give older SNs the FL310 ceiling? They wouldn't do that right away, of course, got to protect the G2 advantages.

Mike C.