Now that jet ownership is so inexpensive...

On Sun, 23 Mar 2008 17:21:32 -0400, Peter Clark
wrote:

On Sun, 23 Mar 2008 16:49:08 -0400, Roger
wrote:

On Mon, 17 Mar 2008 15:12:31 -0400, WJRFlyBoy
wrote:

On Sat, 15 Mar 2008 23:28:16 -0500, Dallas wrote:

On Sat, 15 Mar 2008 21:03:01 -0400, WJRFlyBoy wrote:

Which begs the economic question when does the VLJ (lite versions coming
~ Eclipse ECJ) cross the expense analysis with a high end twin?

It already has crossed, at least in terms of the Eclipse - not no much so
for other models.


Last time I looked, a Baron 58 would set you back $1.2 million... so there
ya go.

I was thinking more than the simple acquisition costs (additional pilot
training, maintenace, fuel, insurances)

It's not a jet, but still turbine powered and about twice the cost of
some VLJs but...When I was looking at a TBM-700 insurance was $25,000
a year, At the time I was instrument rated with a tad over a 1000
hours, but no turbine time. The VLJs are a little faster, but as I
recall, not a great deal.

Insurance requirements we 200 hours dual after the two week company
training course and recurrency training twice a year.

200 hours dual? Wow. I'd find a new agent who can negotiate with the
insurance companies, I would have expected 50 or less for 1000 TT.

Zero turbine time, zero flight level time, and at about half the
speed. When figured on insurance per aircraft dollar that was cheap.
Most SEL owners are probably paying about 2 1/2 times that ratio.

I cold have cut the time down for higher rates. If you gotta spend
the money you might as well get some good training out of it. Today
with less than 1000 TT but all in high performance, complex, retract
you'd be lucky to pay twice that IF you could get insurance at all.
Stop and think of the new hull value.
Roger Halstead (K8RI & ARRL life member)
(N833R, S# CD-2 Worlds oldest Debonair)
www.rogerhalstead.com