The 1/16 share is a $350,000 buy-in, $6,000/month management fee, and $1,167/hr when you fly. That gets you 50 hrs.
And there's no guarantee what you can sell your share for when you want out.

I knew what you meant. We are good.
His parameters don’t add up. In manufacturing we say : quality, speed, price. Pick any two.
That budget, that distance, that runway, that pax load..... Pipe dream.

There are always compromises in aviation!

The real trick is to buy something you can sell and buy it right.

Once he’s gotten his feet wet, he can decide what compromises to accept. That is why I suggested a King Air, the airplane won’t bite you and you can sell it quickly if you need to.

There is a reason why you have so many Citation II’s to choose from, they are slow sellers. No exit strategy is a bad plan for someone new to turbine aircraft ownership.

I named the company “Jet” Acquisitions not King Air Acquisitions, and I agree with all of the jet benefits expressed here... but the first time this guy spends $25k on an ACM he’ll be hating ownership. One should crawl before walking unless money is no object. (and if it was not... CJ3, KA350 or PC12!)

He will hate it less if the ACM is in a Citation he finds very useful than an ACM in a King Air he finds slow and noisy.

Any construction company who has projects all 1/4 of the USA has the revenue to support a Citation. Why not start with an airplane that really DOES the job? Compared to buying a King Air wishing you had a jet, buying a jet and finding out it doesn't work tells you no airplane will and you should just get out and charter.

For rental pilots, I'd rather they fly a jet than a turboprop. There's just so much less to go wrong, really.

Mike C.

Damn..... owning one is much cheaper.

If you're not a pilot you're gonna pay a fortune and have no control..... that's all there is to it. If I wasn't a pilot I'd probably fly commercial.

Damn..... owning one is much cheaper.

If you're not a pilot you're gonna pay a fortune and have no control..... that's all there is to it. If I wasn't a pilot I'd probably fly commercial.

I wonder if they sell only a limited number of shares or if they just keep going?

He will hate it less if the ACM is in a Citation he finds very useful than an ACM in a King Air he finds slow and noisy.

Any construction company who has projects all 1/4 of the USA has the revenue to support a Citation. Why not start with an airplane that really DOES the job? Compared to buying a King Air wishing you had a jet, buying a jet and finding out it doesn't work tells you no airplane will and you should just get out and charter.

For rental pilots, I'd rather they fly a jet than a turboprop. There's just so much less to go wrong, really.

Mike C.

Wow - $100k/month to “manage” a pc12 then $20/minute to fly. Sheesh

I have some here for my Commander. It would be interesting to compare them to your MU2 and the citations you are lusting over.

The jets suffer when hot and high, particularly the older ones. Jets are normally aspirated for lack of a better description. Our TPs are derated.

First is a MGW std day sea level single engine climb

1000 fpm climb
9.0% climb gradient
547 ft per NM

Next is MGW departure at 6000ft and a temp of 30c

650 fpm climb
5.0% climb gradient
304 ft per NM

Owners are supporting a 24/7/365 available anytime operation. Pilots, A&Ps, dispatch, scheduling, billing, accounting, HR, management. It adds up with lots of cost to have the plane at the ready compared to a single plane owner operation.

Owners are supporting a 24/7/365 available anytime operation. Pilots, A&Ps, dispatch, scheduling, billing, accounting, HR, management. It adds up with lots of cost to have the plane at the ready compared to a single plane owner operation.

I would think that hourly cost is around charter rates. I think charter can be less expensive, especially considering no capital costs, as long as you can plan ahead and schedule the plane.

I would think that hourly cost is around charter rates. I think charter can be less expensive, especially considering no capital costs, as long as you can plan ahead and schedule the plane.