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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 19 Oct 2017, 09:44 
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Joined: 12/26/09
Posts: 333
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Company: Firststar Aviation
Location: Phoenix/Scottsdale
Aircraft: C90/300 - Skybolt
Thanks for the comment John. I'll try to make more firmer landings when your people are on board. Stay tuned. I may need some help with a CJ3.

Bill U.


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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 19 Oct 2017, 11:29 
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Joined: 12/19/14
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Location: N40
Aircraft: P46T, T34
Congratulations John - beautiful airplane! Did you get to fly with Caleb at all before they handed the keys over?


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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 19 Oct 2017, 15:08 
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Joined: 01/01/10
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Location: Roseburg, Oregon
Aircraft: Citation Mustang
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I'm at a loss for words in trying to explain what GA enables for our business but I'll give it a try. No doubt that I stretched our finances to make this happen but without even considering my love for aviation, when property leveraged these planes are an incredibly powerful tool to propel a business like mine and many others. I could justify owning this on just the value of connecting my employees with our customers - I have a rule that I rotate and bring each and every one of my team members to customer meetings even if they don't play a part in the meeting. I want them to know how their work affects customers and to create connections. These connections eliminate "we can't" and instead create "I'll find a way". My incremental cost for this is maybe $500/trip and my return is immeasurable- I just get to fly around and repeat this until we create a huge success - I am a lucky man because my job isn't really much harder than that - aviation creates the magic and I just steer the plane.

Nice perspective, John. One additional thing that I've found in having an airplane that travels higher, faster, and better negotiates weather is that we tend to go to more meetings, events, and various sessions that we otherwise might have passed on. It's helped my employees to get more on top of our industry.

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Previous A36TN owner


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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 19 Oct 2017, 19:16 
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Joined: 12/17/13
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Location: Hollywood, Los Angeles, CA
Aircraft: Turbo Commander 680V
Time is the new luxury. Airplanes are time machines.

One of the new owners of a HondaJet articulates the business and time advantage really well in this clip at 1:52. Kinda sums it up.

[youtube]https://youtu.be/SlOylK9fiv4[/youtube]

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Problem is the intelligent people are full of doubt, while the stupid ones are full of confidence.


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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 19 Oct 2017, 19:34 
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Thanks John. I was perfectly happy with my MU2 till I realized how small the fuel delta actually is on the cj2. Now I have wasted a bunch of time looking at them at trying to figure out how I could make the math work in a few years.

Back to work.


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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 19 Oct 2017, 19:57 
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Joined: 01/31/09
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Location: Northern NJ
Aircraft: SR22;CJ2+;C510
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Thanks John. I was perfectly happy with my MU2 till I realized how small the fuel delta actually is on the cj2. Now I have wasted a bunch of time looking at them at trying to figure out how I could make the math work in a few years.

Back to work.


Operating cost/nm on the light jets is very competitive with turboprops. Higher capital cost is typically the barrier.

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Allen


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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 19 Oct 2017, 23:06 
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Joined: 12/17/13
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Location: Hollywood, Los Angeles, CA
Aircraft: Turbo Commander 680V
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Thanks John. I was perfectly happy with my MU2 till I realized how small the fuel delta actually is on the cj2. Now I have wasted a bunch of time looking at them at trying to figure out how I could make the math work in a few years.

Back to work.


Anthony, in my long range comparison list, jets come last in every category except short travel time. And even so, only the CJ. Turboprops are still a lot more efficient in all categories.

https://www.beechtalk.com/forums/viewtopic.php?f=49&t=144270

But jets are cooler! ;)

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Problem is the intelligent people are full of doubt, while the stupid ones are full of confidence.


Last edited on 20 Oct 2017, 00:11, edited 2 times in total.

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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 19 Oct 2017, 23:24 
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Joined: 01/16/11
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Operating cost/nm on the light jets is very competitive with turboprops. Higher capital cost is typically the barrier.


Except for the PC12 :D

you welcome :peace:

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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 19 Oct 2017, 23:56 
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Joined: 09/04/10
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Congratulations John - beautiful airplane! Did you get to fly with Caleb at all before they handed the keys over?


I did the checkout flight with him, he is awesome! Asked him if he'd do some mentor flights with me and I'm gonna try to make it happen.

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John Lockhart
Phoenix, AZ
Ridgway, CO


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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 20 Oct 2017, 00:45 
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Joined: 01/31/09
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Operating cost/nm on the light jets is very competitive with turboprops. Higher capital cost is typically the barrier.


Except for the PC12 :D

you welcome :peace:


Yup, capital cost for a PC-12 is not a barrier to move up to many used jets.

Anytime. :thumbup:
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Allen


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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 20 Oct 2017, 05:40 
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Joined: 03/03/11
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Username Protected wrote:
Thanks John. I was perfectly happy with my MU2 till I realized how small the fuel delta actually is on the cj2. Now I have wasted a bunch of time looking at them at trying to figure out how I could make the math work in a few years.

Back to work.


Operating cost/nm on the light jets is very competitive with turboprops. Higher capital cost is typically the barrier.


Luckily for me, the industry keeps producing small jets and that capital cost keeps lowering. I just have to keep figuring out how to make more money and eventually those curves will intersect.

I tell my board all the time, don’t sweat me not working or taking it easy. Jets are $$$.

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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 20 Oct 2017, 07:48 
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Joined: 10/27/10
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Yup, capital cost for a PC-12 is not a barrier to move up to many used jets.
:coffee:


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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 21 Oct 2017, 01:05 
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Joined: 09/04/10
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Aircraft: C55, PC-12
A few pictures...


Please login or Register for a free account via the link in the red bar above to download files.

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John Lockhart
Phoenix, AZ
Ridgway, CO


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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 21 Oct 2017, 03:15 
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Joined: 03/09/13
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Location: Byron Bay,NSW Australia
Aircraft: CE525,PA31
Hi John,

Great to see you enjoying the plane, looks great. Do you not use engine sync?

Andrew


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 Post subject: Re: CJ2 report - first 18 hours
PostPosted: 21 Oct 2017, 10:17 
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Joined: 09/02/09
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Company: OAA
Location: Oklahoma City - PWA/Calistoga KSTS
Aircraft: UMF3, UBF 2, P180 II
John,

Congratulations on the new plane! Now that you have even more capability will you always be the pilot or have others fly sometimes so that employees can move around the country faster without requiring you to be there?

I find that we can get to prospective opportunities very quickly with the plane which is the key not the cost. I can justify the expense of plane and pilot for trips with one or two employees on a cost trading basis some of the time. But when factoring in the opportunity the cost shrinks enormously. The problem is, that even though I'd love to be the company's pilot other time demands make that impossible. Love to hear your experience.

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Travel Air B4000, Waco UBF2,UMF3,YMF5, UPF7,YKS 6, Fairchild 24W, Cessna 120
Never enough!


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