Thursday, 28 May 2020

MAKING OLD "PRE-OWNED" AIRPLANES NEW AGAIN


The desire to own your aircraft, a NEW one at that, is compelling. There’d be nothing like walking out onto the ramp towards your shiny new bird. Problem is, new aircraft are not cheap and they are not getting cheaper. Yes, there are partnerships, but some people just don’t want to deal with partners and they also can’t afford a factory brand-new aircraft.


The next best thing? Having enough money or resources to make an older aircraft new again and I don’t mean a new paint job. I mean stripping it down and ALL NEW EVERYTHING. The beauty? The beauty is a virtually new aircraft for the fraction of a new one.

OK, we know the title work will say 1977, etc.. Don’t let a little thing like what some numbers say on the airworthy certificate get you down. There are so many great candidates out there, opportunity abounds.

A new aircraft will set you back over $400,000 right out of the gate. For a fraction of that say $150,000 all in, you could buy a used Cessna 182, Piper Lance, Saratoga, Mooney 201. All of these aircraft have respectable performance and range. With a price point between 50-100k and with 50k budget you could have a nice used aircraft. If you are willing to spend 100k in refurbishment and the work is done right, yes, it would be like a brand-new aircraft.

What to do next?

- Determine your mission. Long distance, interstate flights, etc..
- Set a budget and add 20% to it, seriously.
- Scope out who can handle a strip down and rebuild, keep in mind you’ll most likely have to erry between vendors to complete the job.

Remember the General Aviation Revitalization Act of 1994? It put new airplanes back into the system and those planes are great candidates for refurbishment. Even today, new aircraft are getting older by the day and being traded in and up for newer versions. That just means more opportunity for buyers!

THE SINGLE-ENGINE JET REVOLUTION

The Arrival...
The arrival of the Cirrus Jet could be ushering in a new age for general aviation. It’s the culmination of over a decade or more of planning, R&D and a lot of capital. It can be said that every lover of general aviation has longed for some type of “next level” transformation if you will, where it would be possible to have a solid single engine jet GA aircraft design that a new future of general aviation can be built on. There are so many small jet engine designs and small jet engine technologies that it has left many to wonder why it took so long for this to happen.


How many?

How many pilots have looked at a Cessna, Piper or Beechcraft and wondered if it would be possible to blend or mold a jet engine around these airframe’s somehow? I think everyone will agree that GA needs to move on and up. Stepping out with new designs is good for all of general aviation. We like our piston planes, but the time has come to start working single engine jet aircraft into the fleet. This is the first step to do just that and what a step it is. Vision specs: https://www.primaryflightcontrol.com/plane/id/14831. Respectable stats any new owner would be happy to be reading from the POH.

 This is it!

This is it, it’s finally here and certified! The first aircraft has already been delivered to a longtime Cirrus customer. As with any new aircraft, there will be some opportunities to improve, but the future looks bright with a huge back order already on the books. Could this be just like the Piper Cub? Are there going to be spinoff aircraft from this design? Look at the revolution the Cub caused. It’s been reproduced and improved upon so many times, there’s no doubt 100 years from now it’ll still be coming off the assembly line or built out of someone’s hanger somewhere in the world.


What’s the next step?

What’s the next step in the march towards turning over the fleet from pistons being the standard to small personal jet aircraft taking its place? While at just under two million dollars, the Vision Jet is not going to be the next C172, but what if this encourages others to dive in and IF and just IF the price point could get to the 400-600k range? We could see a fleet revolution. The Sonex Jet is another good start, but there needs to be a place for those two designs to meet in the middle somewhere. We can only hope that lessons learned from these designs can be improved upon and others can come to the market with their version of the Vision if you will.

# Gulfstreams
# Aircraft for Sale
# SR22 Cirrus
# Lear Jets
Address- 32006 Fleming Island, Florida

No comments:

Post a Comment