But doesn't that reset at engine overhaul? A plane with 0-time engines should be the same value whether the program paid for the overhauls or the owner did.

But doesn't that reset at engine overhaul? A plane with 0-time engines should be the same value whether the program paid for the overhauls or the owner did.

Yes, the value of the airplane is restored at overhaul, assuming the airplane doesn't normally have an engine program. If the aircraft typically has an engine program the book value is established as such and you deduct the cost of the buy-in for aircraft that are not on the program.

The irony (assuming not typically an engine program) is that the value of the engine program is very little until the aircraft gets closer to TBO, in some cases, say for a King Air with ESP, the value of the aircraft skyrockets as it gets closer to TBO.

Miss Manners would approve of this brief exercise in civility. So would my mother.



You should! And I truly mean this, I am not being sarcastic, your ability to research and disseminate good information is excellent. I may not always agree with you, but I don't question your research!

Aviation needs more qualified individuals assisting owners with the purchase of aircraft. There's a lot of business that we turn away simply because we do not have the bandwidth to do everything, we often base these decisions on models of aircraft because I can't be an expert on them all. For example, we don't do Conquest or Cheyenne acquisitions, great airplanes... love them. But, I don't know them or the market and it would spread us too thin to try. In the jet world we don't do Falcons, that's an entire line of great airplanes that we have request to acquire, but just can't get it done.

We don't do Meridians or Jet Props, we send that business to Joe Casey, we don't do Turbo Commanders (even though I know them well) we refer that business to Bruce Byerly.

If all you did was MU-2's and Conquest II's it would be a tremendous service, you know the airplanes and the Garretts.

I'll be glad to help you anyway I can.

Chip, who do you like for JT15D (-5D's in our case) for Hot Section? We have some coming up this Summer...

Lance

Anyone with good experience using JSSI on a Williams FJ-44 instead of TAP?

Unscheduled disassembly, repairs excluded? Fine print?

I recently watched an insurance company pay over $1M bucks for minor FOD damage on some jet engines. There was non-Fod related damage which an engine program would have paid for during a normal event, but since this was an unscheduled disassembly for other reasons, they paid nothing. Kinda shocking for the owner and adjuster.

We dumped the engine program on our Lear. The owner chose to just by a spare engine which made him happy.

I don’t know about anybody else but foamy threads are my entertainment many evenings.

(So is MC’s contributions)

I like foam on everything except my beer!

Would you buy a Phenom 300 thats on no program?
How would you evaluate value for the engines in this case?

For an owner flying under 200 hrs a year wouldn't Pratt engines make more sense than Williams in this case as you can decide if you want the engine program or not on the Pratts.

Fascinating-- I never knew that anything like this existed. Off to research.

(BAHAHAHAHAHA as if I'll ever own a turbine engine. But still, sounds worth learning more about!)

On the “term life insurance” thing for the engines…it kinda sounds like they will only cover what most insurance companies cover. Isn’t FOD to an engine a covered event? I haven’t checked the fine print on my MU-2’s policy but I know we’ve claimed it and got it covered under our King Air’s policy.