banner
banner

24 Apr 2024, 18:38 [ UTC - 5; DST ]


Greenwich AeroGroup (banner)



Reply to topic  [ 437 posts ]  Go to page Previous  1 ... 12, 13, 14, 15, 16, 17, 18 ... 30  Next
Username Protected Message
 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 11 Oct 2020, 20:10 
Offline


User avatar
 Profile




Joined: 08/14/13
Posts: 6074
Post Likes: +4651
Username Protected wrote:
Why did you choose the Phenom over the Mustang?


Maybe I’m biased but I’m surprised this is a question! No contest for me


Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 11 Oct 2020, 21:02 
Offline


User avatar
 Profile




Joined: 09/16/10
Posts: 8892
Post Likes: +1956
Username Protected wrote:
I have since decided I want a Phenom 100.


A great aircraft, well chosen! :thumbup:

_________________
If you think nobody cares about you. Try not paying your income tax.


Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 12 Oct 2020, 09:11 
Offline



 WWW  Profile




Joined: 05/23/13
Posts: 6787
Post Likes: +7340
Company: Jet Acquisitions
Location: Franklin, TN 615-739-9091 chip@jetacq.com
Username Protected wrote:
Why did you choose the Phenom over the Mustang?


Maybe I’m biased but I’m surprised this is a question! No contest for me


The reason use to be the difference in price, the Phemom 100 sold for $300 - $500k more than the Mustang, but the market made a drastic correction once the first round of 10 year gear overhauls hit.

Even money, the Phenom is more airplane, all depends on how much you fly and how far away that next gear overhaul is.

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

_________________
It’s a brave new world, one where most have forgotten the old ways.


Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 12 Oct 2020, 09:47 
Offline


User avatar
 Profile




Joined: 09/05/09
Posts: 4111
Post Likes: +2751
Location: Small Town, NC
Chip-
Not following. Is there a 10-yr year OH on the mustang, that’s not on the Phenom?

_________________
"Find worthy causes in your life."


Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 12 Oct 2020, 10:41 
Offline



 WWW  Profile




Joined: 05/23/13
Posts: 6787
Post Likes: +7340
Company: Jet Acquisitions
Location: Franklin, TN 615-739-9091 chip@jetacq.com
Username Protected wrote:
Chip-
Not following. Is there a 10-yr year OH on the mustang, that’s not on the Phenom?


It's the opposite, the Phenom 100 has a very expensive 120 month inspection / gear overhaul. The values of the Phenoms dropped considerably once these gear overhauls started hitting and buyers realized how expensive they were. We are talking hundreds of thousands of dollars, most operators didn't realize a gear overhaul on a light jet could be that expensive.

_________________
It’s a brave new world, one where most have forgotten the old ways.


Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 12 Oct 2020, 10:59 
Offline


User avatar
 Profile




Joined: 01/28/13
Posts: 6053
Post Likes: +4019
Location: Indiana
Aircraft: C195, D17S, M20TN
It's the opposite, the Phenom 100 has a very expensive 120 month inspection / gear overhaul. The values of the Phenoms dropped considerably once these gear overhauls started hitting and buyers realized how expensive they were. We are talking hundreds of thousands of dollars, most operators didn't realize a gear overhaul on a light jet could be that expensive.[/quote]

Chip's got it above but here is are my comments;

The gear OH should not be that expensive AND should have been made clear by the original sales people, Phenom, to the buyers and every resale since. The shops qualified to do MX on them should also have a calendar/hours chart that is filled out on every plane they service, owner should have it too, that details what is coming up and when. If the buyer does not have someone like Chip working for them to teach them what they don't know they don't know then buyer beware.

OK rant off.

_________________
Chuck
KEVV


Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 12 Oct 2020, 15:51 
Offline



 WWW  Profile




Joined: 05/23/13
Posts: 6787
Post Likes: +7340
Company: Jet Acquisitions
Location: Franklin, TN 615-739-9091 chip@jetacq.com
Username Protected wrote:
It's the opposite, the Phenom 100 has a very expensive 120 month inspection / gear overhaul. The values of the Phenoms dropped considerably once these gear overhauls started hitting and buyers realized how expensive they were. We are talking hundreds of thousands of dollars, most operators didn't realize a gear overhaul on a light jet could be that expensive.


Chip's got it above but here is are my comments;

The gear OH should not be that expensive AND should have been made clear by the original sales people, Phenom, to the buyers and every resale since. The shops qualified to do MX on them should also have a calendar/hours chart that is filled out on every plane they service, owner should have it too, that details what is coming up and when. If the buyer does not have someone like Chip working for them to teach them what they don't know they don't know then buyer beware.

OK rant off.[/quote]

I'm thankful that we didn't acquire any P100's during the time when the cost wasn't well known. It's always a tough position to be in, you don't want to run down the airplane or exaggerate a risk... we did have a couple of Phenom 100 clients that ended up choosing other models for various reasons, one was because of the gear and that was before anyone knew how bad it could be.

The good news is the potential exposure is now known, the cost seems to be coming down and the parts issues seem to be better.

I like the Phenom, would not hesitate to acquire one for a client, just a few things you have to know going in.

_________________
It’s a brave new world, one where most have forgotten the old ways.


Last edited on 12 Oct 2020, 19:52, edited 1 time in total.

Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 12 Oct 2020, 19:47 
Offline


User avatar
 Profile




Joined: 09/05/09
Posts: 4111
Post Likes: +2751
Location: Small Town, NC
Username Protected wrote:
Chip-
Not following. Is there a 10-yr year OH on the mustang, that’s not on the Phenom?


It's the opposite, the Phenom 100 has a very expensive 120 month inspection / gear overhaul. The values of the Phenoms dropped considerably once these gear overhauls started hitting and buyers realized how expensive they were. We are talking hundreds of thousands of dollars, most operators didn't realize a gear overhaul on a light jet could be that expensive.


I cannot stand calendar items like this. Daher did the same, but it's come out of the stratosphere (IIRC around 7-9k per TBM actuator now).
there's no way to justify that kind of expense given this level of technology (even gear-legs on jets are cast and machined).

even artificial, implanted body parts aren't that expensive (and they have tight tolerances).
_________________
"Find worthy causes in your life."


Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 12 Oct 2020, 20:07 
Offline


User avatar
 WWW  Profile




Joined: 12/17/13
Posts: 6359
Post Likes: +5543
Location: Hollywood, Los Angeles, CA
Aircraft: Turbo Commander 680V
One of the quotes I bring with me from Jason:

"Rich people get sick of paying through the nose, too".

I totally agree that mandated overhaul costs like that are ridiculous. I stay away from indebted servitude whenever I can. I'd make an exception for the P180, though, as it's not mandatory for part 91 there. ;)

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


Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 22 Oct 2020, 16:03 
Offline


 WWW  Profile




Joined: 05/08/13
Posts: 444
Post Likes: +234
Company: Citation Jet Exchange
Location: St. Louis
Aircraft: 58P C510 C525 Excel
I was sending the owner of the Mustang we manage a maintenance update and figured I could pass it on here as well.

This year we only have flown about 100 hours, have had zero unscheduled maintenance events, and have spent a total of $1800 in parts/labor at WestStar for required inspections with the next round being due in January.

Granted, last year our 72 month items were due (largest ones on the Mustang) in conjunction with some 36 month items for an out the door bill of around $35k. These planes are incredibly economical to fly, makes me think I can own one some day...

_________________
The Citation Jet Exchange
www.CitationJetX.com
CJs, Mustangs, Excels


Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 22 Oct 2020, 17:09 
Offline


 Profile




Joined: 08/23/10
Posts: 849
Post Likes: +661
Does the $1,800 include the inspections themselves, or just the squawks resulting from the inspections? I assume not. What were the inspection costs?


Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 23 Oct 2020, 14:54 
Offline


 WWW  Profile




Joined: 05/08/13
Posts: 444
Post Likes: +234
Company: Citation Jet Exchange
Location: St. Louis
Aircraft: 58P C510 C525 Excel
This year was an anomaly, but $1,800 all in for the inspections is what we're forecast to pay including any findings. The service center signed us off for January, with our reduced flight hours our next 12 month event is not until January, and that $1800 covered the oil chip inspections and 2 other minor inspections. Looking at my cheat sheet an average year carries about $10-14k of flat rate inspections.

If this year ends smoothly my last 172 annual cost double of what we spent on the jet!

Granted we're on the parts program (didn't need any parts this year and not renewing), and the engine program that both cost a sizeable amount of money.

_________________
The Citation Jet Exchange
www.CitationJetX.com
CJs, Mustangs, Excels


Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 23 Oct 2020, 15:14 
Offline


 WWW  Profile




Joined: 05/29/13
Posts: 13588
Post Likes: +10972
Company: Easy Ice, LLC
Location: Marquette, Michigan; Scottsdale, AZ, Telluride
Aircraft: C510,C185,C310,R66
Being sent from 410. TAS 345kts. 78 gph. GS 405kte


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

_________________
Mark Hangen
Deputy Minister of Ice (aka FlyingIceperson)
Power of the Turbine
"Jet Elite"


Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 23 Oct 2020, 18:53 
Offline


User avatar
 Profile




Joined: 01/01/10
Posts: 3457
Post Likes: +2400
Location: Roseburg, Oregon
Aircraft: Citation Mustang
Gotta love 345KTAS at 520pph.

_________________
Previous A36TN owner


Top

 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 23 Oct 2020, 19:06 
Offline


User avatar
 Profile




Joined: 11/08/12
Posts: 6323
Post Likes: +3811
Location: San Carlos, CA - KHWD
Aircraft: Piaggio Avanti
Username Protected wrote:
Granted we're on the parts program (didn't need any parts this year and not renewing), and the engine program that both cost a sizeable amount of money.

Ah, so it's not so much that the maintenance for the year only cost $1800 as that you don't include the pre-paid maintenance amounts in that $1800?

_________________
-Jon C.


Top

Display posts from previous:  Sort by  
Reply to topic  [ 437 posts ]  Go to page Previous  1 ... 12, 13, 14, 15, 16, 17, 18 ... 30  Next




You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Jump to:  

Terms of Service | Forum FAQ | Contact Us

BeechTalk, LLC is the quintessential Beechcraft Owners & Pilots Group providing a forum for the discussion of technical, practical, and entertaining issues relating to all Beech aircraft. These include the Bonanza (both V-tail and straight-tail models), Baron, Debonair, Duke, Twin Bonanza, King Air, Sierra, Skipper, Sport, Sundowner, Musketeer, Travel Air, Starship, Queen Air, BeechJet, and Premier lines of airplanes, turboprops, and turbojets.

BeechTalk, LLC is not affiliated or endorsed by the Beechcraft Corporation, its subsidiaries, or affiliates. Beechcraft™, King Air™, and Travel Air™ are the registered trademarks of the Beechcraft Corporation.

Copyright© BeechTalk, LLC 2007-2024

.traceaviation-85x150.png.
.bullardaviation-85x50-2.jpg.
.temple-85x100-2015-02-23.jpg.
.SCA.jpg.
.kadex-85x50.jpg.
.Marsh.jpg.
.lucysaviation-85x50.png.
.dbm.jpg.
.stanmusikame-85x50.jpg.
.kingairnation-85x50.png.
.ei-85x150.jpg.
.puremedical-85x200.jpg.
.Foreflight_85x50_color.png.
.avionwealth-85x50.png.
.headsetsetc_Small_85x50.jpg.
.avfab-85x50-2018-12-04.png.
.gallagher_85x50.jpg.
.geebee-85x50.jpg.
.Latitude.jpg.
.sierratrax-85x50.png.
.concorde.jpg.
.wat-85x50.jpg.
.bpt-85x50-2019-07-27.jpg.
.MountainAirframe.jpg.
.one-mile-up-85x100.png.
.aviationdesigndouble.jpg.
.blackwell-85x50.png.
.Rocky-Mountain-Turbine-85x100.jpg.
.camguard.jpg.
.daytona.jpg.
.tempest.jpg.
.jetacq-85x50.jpg.
.kingairacademy-85x100.png.
.shortnnumbers-85x100.png.
.midwest2.jpg.
.ssv-85x50-2023-12-17.jpg.
.planelogix-85x100-2015-04-15.jpg.
.aircraftassociates-85x50.png.
.AAI.jpg.
.chairmanaviation-85x50.jpg.
.CiESVer2.jpg.
.airmart-85x150.png.
.pdi-85x50.jpg.
.Wentworth_85x100.JPG.
.blackhawk-85x100-2019-09-25.jpg.
.tat-85x100.png.
.boomerang-85x50-2023-12-17.png.
.Wingman 85x50.png.
.cav-85x50.jpg.
.jandsaviation-85x50.jpg.
.wilco-85x100.png.
.ABS-85x100.jpg.
.saint-85x50.jpg.
.aircraftferry-85x50.jpg.
.centex-85x50.jpg.
.aeroled-85x50-2022-12-06.jpg.