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25 Apr 2024, 16:14 [ UTC - 5; DST ]


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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 24 Nov 2020, 23:58 
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Joined: 05/29/13
Posts: 13588
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Company: Easy Ice, LLC
Location: Marquette, Michigan; Scottsdale, AZ, Telluride
Aircraft: C510,C185,C310,R66
Username Protected wrote:
Mark, maybe I read this somewhere already but I can’t remember now. What did you fly before the Mustang? How was initial transition/type rating training? I don’t have a multi cert yet but would like to get one with something like this plane being my end goal. I really have no desire to build a bunch of time in a piston twin but I suppose that’s how it will have to be. I guess, to me, it seems like a reasonable transition from a glass panel twin with demonstrated ability.



I was typed in the 500 series and the 525 series. Then I got typed in the 510. Initial is in the low 20’s. Recurrent is 7k. You can skip the piston twin and go straight to the mustang. Probably safer.

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Mark Hangen
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Power of the Turbine
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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 25 Nov 2020, 00:18 
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Joined: 01/01/10
Posts: 3457
Post Likes: +2400
Location: Roseburg, Oregon
Aircraft: Citation Mustang
I agree with Mark. I got my multi the year before I bought my Mustang. Had <20 hrs of multi when I went to FSI for my type 5 years ago. Multi time wasn’t significant in the process. Now pushing 1,000 hrs in the Mustang. The big factor currently is insurance. Not sure what hoops I’d have to jump through now.

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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 25 Nov 2020, 09:02 
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Joined: 03/09/11
Posts: 1727
Post Likes: +787
Company: Wings Insurance
Location: Eden Prairie, MN / Scottsdale, AZ
Aircraft: 2016 Cirrus SR22 G5
Username Protected wrote:


I was typed in the 500 series and the 525 series. Then I got typed in the 510. Initial is in the low 20’s. Recurrent is 7k. You can skip the piston twin and go straight to the mustang. Probably safer.


I totally agree - insurance in the Mustang class is not that hard to come by even for 500-750 hrs total time Cirrus/Bonanza drivers with no MEL time in their logbook. You will have a mentor period of time if you are low time, low or nil MEL time etc but getting 'reasonable' insurance is not an issue. There remains good capacity in the insurance underwriting world for the sub $2m pre-owned Mustang. We see most trading on programs around the $1.5m insured value mark and at that pricepoint insurance premiums can actually be in the 'teens' for some jet transition pilots while others might creep into the 20's (lower overall time, perhaps no prior MEL etc). The key is hull value - and hull value on pre-owned Mustangs is below $2m. There is absolutely no reason to buy a temporary time builder piston twin when your objective is a light jet in this class (Mustang, Phenom 100 or other). Buy your last airplane first and with the right transition plan in place insurance can be a relatively smooth path. :cheers:

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Tom Hauge
Wings Insurance
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E-mail: thauge@wingsinsurance.com


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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 25 Nov 2020, 17:56 
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Joined: 06/28/09
Posts: 14154
Post Likes: +9100
Location: Walnut Creek, CA (KCCR)
Aircraft: 1962 Twin Bonanza
The short runway performance is compelling. I recently hauled a load of guys on a hunting trip and half went with me in the Pilatus and other half in a citation V. The jet had to go to an airport 60 miles away, and then I ran shuttle back and forth bringing them and their stuff. The jet is not faster in this type of scenario... but the 510 would have no issue, of course it can’t haul as much though.

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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 26 Nov 2020, 11:16 
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Joined: 07/17/15
Posts: 530
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Location: KSRQ
Aircraft: C510
I came out of a Meridian. Believe I was around 1200 hours, and no multi. Did my multi training and type in the Mustang after I purchased. Insurance was about the same as Meridian.

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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 26 Nov 2020, 11:25 
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Joined: 07/17/15
Posts: 530
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Location: KSRQ
Aircraft: C510
Can’t say enough good things about the Mustang. It really does outperform.

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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 26 Nov 2020, 18:35 
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Joined: 01/16/11
Posts: 11105
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Location: Somewhere Over the Rainbow
Aircraft: PC12NG, G3Tat
Username Protected wrote:
Telluride at night is the mission. Mustang is the answer. IMC. [youtube]https://youtu.be/JwbD_3dlHBA[/youtube]


Mark, very nice, congrats on the new spot. Casey backing you up I see.
I do think you boys need a few more screens........

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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 26 Nov 2020, 18:37 
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Joined: 01/16/11
Posts: 11105
Post Likes: +7090
Location: Somewhere Over the Rainbow
Aircraft: PC12NG, G3Tat
Username Protected wrote:
The short runway performance is compelling. I recently hauled a load of guys on a hunting trip and half went with me in the Pilatus and other half in a citation V. The jet had to go to an airport 60 miles away, and then I ran shuttle back and forth bringing them and their stuff. The jet is not faster in this type of scenario... but the 510 would have no issue, of course it can’t haul as much though.


Dat's why I'm still in the PC12.....it's just so damn good in so many scenarios, and it carries water equipment and stuff better than any airplane I have looked at.

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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 20 Jan 2021, 02:01 
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Joined: 10/14/14
Posts: 1735
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Company: Corporate Air Technology
Aircraft: Pa28-235
Have a customer looking at Mustangs, asked for average price for HSI, I was shocked when told by Pratt they have been averaging $140K per engine. Asked for typical First run OH and was told P&W encourages exchange do to needed updates, average cost $435K and up per engine.

Does not leave a lot of residual value to airframe. Pratt OH costs have greatly diluted value on earlier Citations making them a throw away airframe with high time engines.

The JT15D offers many places to go for OH. P&W is the only option on the little PW615.


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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 20 Jan 2021, 10:51 
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Joined: 07/28/15
Posts: 65
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Aircraft: C510
Username Protected wrote:
Mark, maybe I read this somewhere already but I can’t remember now. What did you fly before the Mustang? How was initial transition/type rating training? I don’t have a multi cert yet but would like to get one with something like this plane being my end goal. I really have no desire to build a bunch of time in a piston twin but I suppose that’s how it will have to be. I guess, to me, it seems like a reasonable transition from a glass panel twin with demonstrated ability.


I fly a Mustang now as well and I just did my multi checkride (in a DA42) and Mustang type rating in the same day. I had no real desire to spend any time in a piston twin and was hoping the DPE would allow me to get the multi in the Mustang but he wanted to see VMC demo and feathering the prop on engine shutdown. Mildly annoying and made for a longer and more expensive day but I got it done and I only have something like 3 hours of piston multi time in my logbook.

And I know you were asking Mark the question about his previous time but I’ll answer it also - prior to the Mustang, I had 2400 hours of piston single, almost all of it in SR22s.


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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 20 Jan 2021, 11:01 
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Joined: 01/01/10
Posts: 3457
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Location: Roseburg, Oregon
Aircraft: Citation Mustang
HSI for my Mustang in 2018 was $105k/engine. Probably 10 years from OH at this point, but program reserves look to be on track to be adequate.

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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 20 Jan 2021, 14:29 
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Joined: 01/11/11
Posts: 1102
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Company: FUSION
Aircraft: B300ER B200 C90 DHC6
Username Protected wrote:
only have something like 3 hours of piston multi time in my logbook
Cool!
I met a pilot who went from gliders to jet. Zero piston time.
Yes, in India, and he is an excellent pilot.


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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 20 Jan 2021, 14:35 
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Joined: 07/01/19
Posts: 742
Post Likes: +340
Aircraft: In market
Randy, thanks for that. Pretty much identical to my friends experience with the Cirrus too, but he was about 1100 in that, he had some older single hours too. I’m very intrigued by this plane, and if they are on programs, I still find it hard to beat for a family plane. I am expecting to take a trip to Florida with the family in the Mustang, and he wanted to expose my wife to the plane as well so I will be right seat, gaining some more experience in it (note I am not qualified to fly it and will not be logging time).


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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 20 Jan 2021, 15:07 
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Joined: 07/28/15
Posts: 65
Post Likes: +41
Aircraft: C510
Username Protected wrote:
Randy, thanks for that. Pretty much identical to my friends experience with the Cirrus too, but he was about 1100 in that, he had some older single hours too. I’m very intrigued by this plane, and if they are on programs, I still find it hard to beat for a family plane. I am expecting to take a trip to Florida with the family in the Mustang, and he wanted to expose my wife to the plane as well so I will be right seat, gaining some more experience in it (note I am not qualified to fly it and will not be logging time).


It's a great family traveling airplane... Here is my traveling circus on the way back from my in-laws'

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 Post subject: Re: If the Mustang does your mission, it's darn near perfect
PostPosted: 20 Jan 2021, 15:18 
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Joined: 10/05/09
Posts: 1166
Post Likes: +421
Location: Charleston, SC (KJZI)
Aircraft: Phenom 300, R66
Oh man... massive potential for a diaper blowout!!


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