05 May 2025, 07:23 [ UTC - 5; DST ]
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Post subject: Re: Cheapest 2 pilot jets per mile Posted: 06 Sep 2022, 10:00 |
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Joined: 05/23/13 Posts: 7811 Post Likes: +10194 Company: Jet Acquisitions Location: Franklin, TN 615-739-9091 chip@jetacq.com
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I'll let any operators chime in with real world, as I haven't done a Lear 60 in a long time. I will say that overall, when you look at seat mile / speed, these jets stack up nicely. It's very common for people to get hyper-focused on hourly op cost and ignore actual trip cost which is what you should be looking at.
There are some negatives with the Lear 60, runway / brakes is one.
I'm a Learjet guy at heart, when I started out in the business selling airplanes a Lear 24D was the first jet I sold. I still miss those airplanes... they were special.
Having said that, my hands down favorite Lear is the Bombardier Learjet 45XR / 75! All of the other (true) Lears kind of morphed out of a previous design, the 45 was a clean sheet and is one hell of an airplane.
Here's the downside when you start comparing these airplanes to 550 / 560 Citations, they are a different class of airplane and some of the unexpected expenses can and will get your attention. We have a client that has a 45XR we helped them acquire in for an inspection, long story... but a new required inspection just found a problem that cost in excess of $300k to repair. We did our prebuy at Bombardier, but this inspection didn't exist when we bought the airplane. It's possible to spend that on a Bravo or Ultra... but you have to work at it!
The Lear 60 has that awesome 12 year inspection...
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Post subject: Re: Cheapest 2 pilot jets per mile Posted: 06 Sep 2022, 14:24 |
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Joined: 03/03/11 Posts: 1998 Post Likes: +2037
Aircraft: Piaggio Avanti
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Username Protected wrote: No specific knowledge and very little general knowledge ... but I will throw in this.
The pilot market has gotten really tight and expensive in the last year. Many of the captain candidates in that class airplane can now get hired directly into the captain seat of a regional jet making over $150/hr. Or to one of the big six.
Keeping pilots over the next several years is going to be expensive and challenging. I would look hard at what type ratings are common near your base. If you want to keep a captain in something niche, you might be paying over $200K. Not that I am shopping but if I were I would only want an SIC. Seems like that would be easier to find.
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Post subject: Re: Cheapest 2 pilot jets per mile Posted: 06 Sep 2022, 14:40 |
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Joined: 11/08/12 Posts: 12804 Post Likes: +5253 Location: Jackson, MS (KHKS)
Aircraft: 1961 Cessna 172
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Username Protected wrote: Not that I am shopping but if I were I would only want an SIC. Seems like that would be easier to find.
If it's always going to be you and a gear slinger, that is a much easier proposition from an FAA standpoint. Thing I would check then is the insurance situation. If they want somebody with in-type sim training, turbine experience, etc it's going to get difficult. Probably looking at six figures again or needing to be in a common model that has a decent number of typed guys floating around.
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Post subject: Re: Cheapest 2 pilot jets per mile Posted: 06 Sep 2022, 14:43 |
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Joined: 11/30/12 Posts: 4699 Post Likes: +5296 Location: Santa Fe, NM (KSAF)
Aircraft: B200, 500B
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Username Protected wrote: Not that I am shopping but if I were I would only want an SIC. Seems like that would be easier to find. Easier to find, harder to keep. Most people who are willing to take an SIC job are looking to move up and on to something else.
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Post subject: Re: Cheapest 2 pilot jets per mile Posted: 06 Sep 2022, 16:43 |
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Joined: 06/17/16 Posts: 510 Post Likes: +561 Location: Santa Monica, CA
Aircraft: 1981 Baron B55
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I do not believe that ATP's can do part 91 instruction. I used to sign off many CE-501 SIC's. What I was told at the time, by the FSDO is that it requires a CFI/MEI type rated in the plane and with more than 15 hours PIC in type.
_________________ ATP ASMEL G-IV CE-500 CFI/CFII/MEI Gold Seal AGI/IGI
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Post subject: Re: Cheapest 2 pilot jets per mile Posted: 06 Sep 2022, 17:04 |
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Joined: 11/30/18 Posts: 2461 Post Likes: +2154 Location: NH
Aircraft: F33A, 757/767
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Getting someone to "just" be an SIC for an owner operator is not going to be easy, and it will probably be a position with high turnover.
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Post subject: Re: Cheapest 2 pilot jets per mile Posted: 06 Sep 2022, 17:09 |
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Joined: 02/10/21 Posts: 507 Post Likes: +245 Location: KBMG - Central Indiana
Aircraft: Baron 58
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Username Protected wrote: I do not believe that ATP's can do part 91 instruction. I used to sign off many CE-501 SIC's. What I was told at the time, by the FSDO is that it requires a CFI/MEI type rated in the plane and with more than 15 hours PIC in type. I don’t see anything in 61.55 requiring a CFI. It says “trainer”. Both of my 61.55 rides before I was typed were given by ATP captains. https://www.law.cornell.edu/cfr/text/14/61.55
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Post subject: Re: Cheapest 2 pilot jets per mile Posted: 06 Sep 2022, 17:34 |
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Joined: 01/02/12 Posts: 374 Post Likes: +101
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You should check with your insurance broker, but all of our two pilot jets require the SIC to be typed and 12 month simulator current. No one that is typed and available is paying for their training right now so add $15-20k a year for training for the SIC plus more for an initial.
Citation Excel is going to be hard to beat per mile, but not acquisition. It ran pretty close to the citation v.
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Post subject: Re: Cheapest 2 pilot jets per mile Posted: 06 Sep 2022, 18:20 |
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Joined: 12/31/17 Posts: 1029 Post Likes: +604 Location: KADS
Aircraft: C560
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Username Protected wrote: You should check with your insurance broker, but all of our two pilot jets require the SIC to be typed and 12 month simulator current. No one that is typed and available is paying for their training right now so add $15-20k a year for training for the SIC plus more for an initial.
Citation Excel is going to be hard to beat per mile, but not acquisition. It ran pretty close to the citation v. What Steve said.
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