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 Post subject: Re: Vision Jet rental 2019
PostPosted: 28 Nov 2018, 16:16 
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Username Protected wrote:
My buddy just spent $6K round trip to charter an SR22 with a pilot. 250NM each way.


yes, there are a ton of pilots (mostly new pilots) out there that will pay to travel in style, but can't and should not be in faster/larger airframes yet, the vision jet with a second set of paid eyes is a perfect compromise, impress your passengers and impress your accountant if you do it right

My buddy isn't a pilot. It was a charter. SR22.... Not SF50.

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 Post subject: Re: Vision Jet rental 2019
PostPosted: 28 Nov 2018, 16:22 
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It looks like they will be running a Part 134.5 operation under the guise of "flight Instruction". I think it might be pretty successful if the dry rate is under $1000 an hour.

My buddy just spent $6K round trip to charter an SR22 with a pilot. 250NM each way.


Did it also include champagne, hookers and blow? I just did a 1400nm roundtrip (700nm legs) in a PC12 for about $2000 more.

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 Post subject: Re: Vision Jet rental 2019
PostPosted: 28 Nov 2018, 16:24 
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Username Protected wrote:
Did it also include champagne, hookers and blow? I just did a 1400nm roundtrip (700nm legs) in a PC12 for about $2000 more.

No..... bare bones. I agree it's crazy. Economy is good. Folks don't want to fly commercial.

He said "$6K is a lot cheaper than what they wanted to charter a jet". He was saving $$.


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 Post subject: Re: Vision Jet rental 2019
PostPosted: 28 Nov 2018, 16:36 
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Username Protected wrote:
My buddy isn't a pilot. It was a charter. SR22.... Not SF50.


I understood that, and I've witnessed similar- it makes the SF50 published numbers reasonable by that measure, they aren't requiring you to be a pilot either


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 Post subject: Re: Vision Jet rental 2019
PostPosted: 28 Nov 2018, 17:01 
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Yes. That was the point I was trying to make.

I have another buddy in Netjets. Paid $60k round trip 1300nm each leg on Phenom 300. Not including yearly fee.


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 Post subject: Re: Vision Jet rental 2019
PostPosted: 28 Nov 2018, 19:00 
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Joined: 10/28/12
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Company: IBG\Altapraem M&A Advisors
Location: Kerrville, TX (60TE)
Aircraft: SR22-G2 GTS
Jason,

I’m so sorry to hear of your buddies’ suffering. The back pain from sitting on those wallets must be excruciating. I want to help.

I’ll PM you with my PO Box, please forward it to them so they may reduce their wallet sizes to something more tolerable. Poor guys.



P.S. - what exactly do these buddies do for livings? I’m thinking of a late life career change.


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 Post subject: Re: Vision Jet rental 2019
PostPosted: 28 Nov 2018, 19:21 
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I agree Bob. It’s crazy. But everyone in Netjets is paying these kind of bills. Netjets is a big company.


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 Post subject: Re: Vision Jet rental 2019
PostPosted: 28 Nov 2018, 19:39 
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Username Protected wrote:
I agree Bob. It’s crazy. But everyone in Netjets is paying these kind of bills. Netjets is a big company.


I have a few clients who are now opting out of NetJets and buying older Falcons and G's. Their break-point is about 150 hours per year.

Cheaper to own and field your own crew at some point and they tell me that NetJets is not nearly as reliable as they suggest.

YMMV

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- As God as my witness, I thought turkeys could fly.

Robert D. Schulte
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 Post subject: Re: Vision Jet rental 2019
PostPosted: 28 Nov 2018, 20:33 
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Username Protected wrote:
I have a few clients who are now opting out of NetJets and buying older Falcons and G's. Their break-point is about 150 hours per year.

Cheaper to own and field your own crew at some point and they tell me that NetJets is not nearly as reliable as they suggest.

YMMV

I have friends in Netjets that ask me about buying a jet. I tell them "If I weren't a pilot, I wouldn't own a plane". They don't speak the language. Buying an old Falcon and trusting your crew to tell you the truth about what's going on is a step of trust too far for me. I've seen too many problems.... recently too.


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 Post subject: Re: Vision Jet rental 2019
PostPosted: 28 Nov 2018, 21:32 
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Username Protected wrote:
I agree Bob. It’s crazy. But everyone in Netjets is paying these kind of bills. Netjets is a big company.


I have a few clients who are now opting out of NetJets and buying older Falcons and G's. Their break-point is about 150 hours per year.

Cheaper to own and field your own crew at some point and they tell me that NetJets is not nearly as reliable as they suggest.

YMMV

NetJets is dumping falcons due to consistent poor reliability. They aren’t worth crap on the used market right now. MX would eat you alive.
The benefit is if your plane breaks they send another. As long as you aren’t out west in BFE it is usually recovered in about one hour. How often does your friend fly the 300? I think they are upgraded 40-50% of the time. Hard to be downgraded with the current fleet.

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 Post subject: Re: Vision Jet rental 2019
PostPosted: 28 Nov 2018, 22:52 
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Username Protected wrote:
It looks like they will be running a Part 134.5 operation under the guise of "flight Instruction". I think it might be pretty successful if the dry rate is under $1000 an hour.

My buddy just spent $6K round trip to charter an SR22 with a pilot. 250NM each way.


That seems crazy high. Just for kicks I got my buddy that flies charter out of GSO to price a trip from GSO to MYAM and it was just $12k in a PC12. That was with international charges, them staying.

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 Post subject: Re: Vision Jet rental 2019
PostPosted: 28 Nov 2018, 22:54 
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What’s an “international charge”?

MYAM isn’t that far from GSO. Sounds about right.

PDK charter outfit bills their PC12 at $1650 an hour plus pilot of $850 a day. 2.5 hours each way to MYAM from ATL. Then go pick them up again. So it’s 4 flights total. I think your $12k was “each way”. So $24k total.


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 Post subject: Re: Vision Jet rental 2019
PostPosted: 29 Nov 2018, 03:37 
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My hangar neighbor offered to rent his Vision jet out for $1,100/hr plus fuel. There is also a local SF50 instrutor available.

A fun as it sounds, I just don't think I can make sense of it for me.


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 Post subject: Re: Vision Jet rental 2019
PostPosted: 29 Nov 2018, 08:01 
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I'm not overly enthusiastic about the plane, but if someone had them to rent at my home drone, I'd pay to get typed and rent one pretty regularly. Might even sell my CJ.


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 Post subject: Re: Vision Jet rental 2019
PostPosted: 29 Nov 2018, 08:55 
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Username Protected wrote:
NetJets is dumping falcons due to consistent poor reliability. They aren’t worth crap on the used market right now. MX would eat you alive.......


I am curious what data supports your comment that NetJets Falcons in particular have "consistent poor reliability"? I would think Netjets would dump any older aircraft at a point when the maintenance cost eats into profits.

I imagine when you flood the market with high time high maintenance aircraft of any kind they wouldn't be worth "crap".


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