14 Dec 2025, 11:31 [ UTC - 5; DST ]
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Post subject: Re: Cirrus SF50 Posted: 24 Jan 2019, 10:21 |
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Joined: 12/03/14 Posts: 20826 Post Likes: +26310 Company: Ciholas, Inc Location: KEHR
Aircraft: C560V
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Username Protected wrote: One Aviation had chinese money Eclipse #1 didn't. Eclipse #2 had a little bit of Chinese money in 2017 and now has float money from them, too, holding them up during the bankruptcy process. The likely outcome is that One Aviation becomes owned by the Chinese. Quote: Its not the chinese money or lack thereof. For Eclipse #2, their survival depends on the Chinese. Eclipse #1 didn't have that option. Regardless, it still remains a question if there is a viable market for a $2.7M SF50. Mike C.
_________________ Email mikec (at) ciholas.com
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Post subject: Re: Cirrus SF50 Posted: 24 Jan 2019, 10:54 |
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Joined: 04/16/12 Posts: 7437 Post Likes: +14228 Location: Keller, TX (KFTW)
Aircraft: '68 36 (E-19)
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Well, I don't know how we're defining "viable", but if I found myself in the market for a new "jet" powered (i.e., non piston) airplane, my budget was sub $5M, and I strongly preferred singles (which I do), my short list would be (no particular order of preference):
PC12NG (high 4s) TBM930 (at 4) M600 (near 3) SF50 (mid to upper 2s)
I think it's fair to say that these planes all have relatively similar performance specs. Meaning, while there are clearly some key differences across them, they're all basically in the same zip code and can be considered comps for cross shopping purposes. And I think it's fair to say that none of these companies have "going concern" clouds hanging over their heads, which would be a non starter for me.
Re specs, yes, the PC12 can haul more than the others, and the TBM is a screamer, but those benefits come are a price premium over the other two, so I'd need to evaluate all the puts and takes. Personally, I'm partial to the TBM. I think it's just a gorgeous airplane.
But my point is if these other three planes are "viable", and I think we must concede that they are, then the SF50 is viable...in so far that it occupies a price point and set of capabilities that distinguish it against its main competitors in quite favorable ways. And thus it will sell. Likely in the same modest numbers as the others, goosed in some material, albeit difficult to measure way, by the Cirrus piston upgrade path numbers the other OEMs don't (directly) benefit from.
_________________ Things are rarely what they seem, but they're always exactly what they are.
Last edited on 24 Jan 2019, 10:56, edited 1 time in total.
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Post subject: Re: Cirrus SF50 Posted: 24 Jan 2019, 10:54 |
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Joined: 11/08/12 Posts: 12835 Post Likes: +5276 Location: Jackson, MS (KHKS)
Aircraft: 1961 Cessna 172
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Username Protected wrote: Its not the chinese money or lack thereof.
Presence of chinese money does not guarantee success Absence of any money does guarantee failure ... the Chinese having injected $$$ into Cirrus seems likely to have made the SF50 possible. Not the first aviation project to have been rescued by big foreign pockets (e.g. Airbus A220)
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Post subject: Re: Cirrus SF50 Posted: 24 Jan 2019, 11:15 |
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Joined: 12/03/14 Posts: 20826 Post Likes: +26310 Company: Ciholas, Inc Location: KEHR
Aircraft: C560V
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Username Protected wrote: PC12NG (high 4s) TBM930 (at 4) M600 (near 3) SF50 (mid to upper 2s) You prefer a single, presumably perceiving they are simpler for you to pilot, but the SF50 requires passing a checkride every year. So that's 3-4 days of your life per year devoted to staying current in it, plus weeks to get initially trained. The other 3 are turboprops and don't have a similar requirement. So if "simpler for the pilot" is a major consideration, implied by choosing a single engine airplane, then the SF50 isn't quite making the grade just because it is a jet with jet type rating requirements. Quote: But my point is if these other three planes are "viable", and I think we must concede that they are, then the SF50 is viable...in so far that it occupies a price point and set of capabilities that distinguish it against its main competitors in quite favorable ways. SF50 is the shortest range of the group. SF50 is the most training requirements of the group. SF50 has the most stringent runway requirements of the group. Not a good choice for northern climes with snow/ice on runways. SF50 burns the most fuel in the group. SF50 needs the most runway of the group. SF50 probably has the least range for any given payload. SF50 probably has the highest maintenance costs of the group, due in part to the engine program. The SF50 is the worst of turboprops (limited altitude and speed) with the worst of jets (lots of training and poor runway compatibility). Quote: And thus it will sell. They weren't clocking many orders at $1.96M (price since 2013), why do you think $2.7M will fix that? Mike C.
_________________ Email mikec (at) ciholas.com
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Post subject: Re: Cirrus SF50 Posted: 24 Jan 2019, 11:33 |
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Joined: 08/03/08 Posts: 16153 Post Likes: +8870 Location: 2W5
Aircraft: A36
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Username Protected wrote: One Aviation had chinese money Eclipse #1 didn't.
Eclipse #1 was an investment scam that happened to produce a little jet as a side product. Could have been tulip bulbs or postal return coupons, didn't matter for the basic business model. The order book they touted was the result of self dealing .
Eclipse #2 got all the IP and tooling without any meaningful debt load. They failed because there is no market for a little jet that flies high. If there was a market Sikorsky would have bought the rest of the outfit and scaled it up to full production. As there was no future in the product, they bailed.
In the same timeframe Cessna saw the market for the mustang dry up.
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Post subject: Re: Cirrus SF50 Posted: 24 Jan 2019, 11:35 |
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Joined: 04/16/12 Posts: 7437 Post Likes: +14228 Location: Keller, TX (KFTW)
Aircraft: '68 36 (E-19)
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Username Protected wrote: PC12NG (high 4s) TBM930 (at 4) M600 (near 3) SF50 (mid to upper 2s) You prefer a single, presumably perceiving they are simpler for you to pilot, but the SF50 requires passing a checkride every year. So that's 3-4 days of your life per year devoted to staying current in it, plus weeks to get initially trained. The other 3 are turboprops and don't have a similar requirement. So if "simpler for the pilot" is a major consideration, implied by choosing a single engine airplane, then the SF50 isn't quite making the grade just because it is a jet with jet type rating requirements. Quote: But my point is if these other three planes are "viable", and I think we must concede that they are, then the SF50 is viable...in so far that it occupies a price point and set of capabilities that distinguish it against its main competitors in quite favorable ways. SF50 is the shortest range of the group. SF50 is the most training requirements of the group. SF50 has the most stringent runway requirements of the group. Not a good choice for northern climes with snow/ice on runways. SF50 burns the most fuel in the group. SF50 needs the most runway of the group. SF50 probably has the least range for any given payload. SF50 probably has the highest maintenance costs of the group, due in part to the engine program. The SF50 is the worst of turboprops (limited altitude and speed) with the worst of jets (lots of training and poor runway compatibility). Quote: And thus it will sell. They weren't clocking many orders at $1.96M (price since 2013), why do you think $2.7M will fix that? Mike C.
Personally, the SF50 type rating would not intimidate me. Stepping up into any of these planes, the more training I had, the better. Of course it's a positive that the TP's don't have the type rating mandatory requirements. But my decision would not be materially swayed one way or the other by the type rating. Should it? Maybe. Would it? No.
If the SF50 is what I wanted, I'd accept the training.
If the SF50 is not what I wanted, I'd be saying what you're saying. "Why put yourself through all that for a plane that's not as capable as the TPs?"
For me, viable answers to this question are:
1. Because it was over $1M cheaper to buy, that $1M means a lot to me, and I accept that the $1M bought me a plane less capable than the others. IOW, I understand that if I spends less, I gets less.
or
2. I loved the look and think it's the coolest thing ever. My own personal F16.
Is the latter stupid? Maybe. But ego and emotions are part of the human condition.
_________________ Things are rarely what they seem, but they're always exactly what they are.
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Post subject: Re: Cirrus SF50 Posted: 24 Jan 2019, 12:43 |
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Joined: 02/13/10 Posts: 20385 Post Likes: +25534 Location: Castle Rock, Colorado
Aircraft: Prior C310,BE33,SR22
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Username Protected wrote: The Eclipse ……………... They just over promised and over sold, the operations side wasn't there. And that's where Cirrus seems to have a real advantage over other companies.. It really makes no sense to compare a long-lived stable company with proven operations excellence, i.e., Cirrus, to all the shenanigans, bad choices, and failures of Eclipse. Just as with the SR22, Cirrus is creating a new niche for pilot owners with the SF50. Barring international economic collapse, I have no doubt that they will continue to be successful.
_________________ Arlen Get your motor runnin' Head out on the highway - Mars Bonfire
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Post subject: Re: Cirrus SF50 Posted: 24 Jan 2019, 14:03 |
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Joined: 12/03/14 Posts: 20826 Post Likes: +26310 Company: Ciholas, Inc Location: KEHR
Aircraft: C560V
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Username Protected wrote: The Eclipse was a price point deal. When that changed, the market wasn't there. All planes are price point deals. The SF50 is also. Now is there a market for a $2.7M SF50? I doubt it, especially when the secondary market is already showing up with planes ready right now for less. Mike C.
_________________ Email mikec (at) ciholas.com
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Post subject: Re: Cirrus SF50 Posted: 24 Jan 2019, 14:05 |
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Joined: 12/03/14 Posts: 20826 Post Likes: +26310 Company: Ciholas, Inc Location: KEHR
Aircraft: C560V
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Username Protected wrote: “the most sought-after personal aircraft in general aviation,” If order book size is any indication, the EA500 had it beat by a mile. There's a market for a "near $1M" personal jet. There's just no way to build one. Mike C.
_________________ Email mikec (at) ciholas.com
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Post subject: Re: Cirrus SF50 Posted: 24 Jan 2019, 14:43 |
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Joined: 11/30/17 Posts: 1410 Post Likes: +1617 Location: KARR
Aircraft: J3, Twin Commander
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This thread has helped me recognize many of my own tendencies to overthink, and over analyze, the faults in designs. When you spend most of your time trying to come up with good designs it ranges between difficult and impossible to switch it off.
Beyond that though, I was trying to figure out why, in moments of weakness, I click my way back in here. I've decided that this thread is like a long drawn out movie where you keep waiting to see how it ends.
****Spoiler alert****
It is almost as if someone in this thread is being paid by Cirrus to help destroy every single opposition that someone may come up with to buy an SF50. It is working so well I've become interested in something I knew very little about before I accidentally wandered in here.
Call it drinking kool aid, how people really make decisions, good marketing. You can't stop it with logic. Logic only seems to stoke the fire.
It is fascinating.
_________________ What are you optimizing for?
Last edited on 24 Jan 2019, 23:52, edited 1 time in total.
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Post subject: Re: Cirrus SF50 Posted: 24 Jan 2019, 14:48 |
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Joined: 01/29/08 Posts: 26338 Post Likes: +13086 Location: Walterboro, SC. KRBW
Aircraft: PC12NG
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Username Protected wrote: It is almost as if someone in this thread is being paid by Cirrus to help destroy every single single opposition that someone may come up with to buy an SF50. Opposition in this thread? or Opposition in the real world? There is no opposition in the real world. The SF50 is outselling all other single pilot planes except the PC12.
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