What happens to a production certificate if you don't produce for a couple of years ?
It's not just the Cirrus. I met people who tried to buy a Mooney just before the company folded. The problem was that Mooney entred a price gouging spiral. The fewer airplanes they made, the more they had to charge for those airplanes. This went for a few years, until the pricing pushed them against G36. At that point G36 had the same speed, but it was much more airplane for the money. That killed Mooney for good. They survived Cirrus thanks to people who wanted the last knot of speed, but not their own pricing.Because you cannot today buy a new Mooney Acclaim? Or maybe the folks buying those new planes can't stand the insurance requirements on a very high performance retractable?
Agreed. But if all of your profits are going to insurance companies to fight off greedy bottom feeding lawyers then it really doesn't make sense to manufacture a product.
Is this really true? I pulled up Textron financial statements and maybe half a paragraph about product liability being a risk moving forward but a few pages about personnel overhead and a billion in outstanding benefits is what keeps the price of a Cessna high.
I don't like the sharks and would love to see reform across the board, so don't get me wrong or think I'm defending them, I just don't know that the price is indicative of insurance costs as much as it is poor business management and bad labor planning. Thus the move to china and Mexico that Cessna has been doing lately..
Is that why more experimentals are being built and flown than certified planes?
LOL, one of the funniest threads in a long time.... While not impossible, highly unlikely... In two pages, only 2 people said they would buy 1. Also, all the talk about insurance, etc has not stopped Cirrus from being prosperous!
Face it, Cirrus is superior!
Hmm, last time I called up to Duluth Cirrus was surviving, and far from prospering. Granted that is about the best you can hope for in this industry recently
I'd take an RV-10 in a heartbeat! Sadly, no one has offered yet.
Maybe Geico will adopt me.
Probably not adopt you. But, he'll buy a wreck for 5K and sell it to you for 25K. Which is AMAZING given how safe they are.
Probably not adopt you. But, he'll buy a wreck for 5K and sell it to you for 25K.
If it does, it will be in China or Russia.
Someone has to do it!
No one ever bought and sold a wrecked certified plane? Everything is for sake.
I thought you and rotorooter didn't think I know what I'm doing?
I would say if a person buys a wrecked plane from the insurance company for $5k and sells it for $25k in 10 days that would be a good thing. Are you now anti profit? True colors coming out?
How much money have you made in aviation?
Is that an open question? Are you thinking you're top dog on the making-money list from aviation?
No, that question was for Rusty, read the posts. Rusty seems to think making money in aviation is a bad thing.
You are not going to start asking about my underwear again are you?
I only worry about them being too tight when your voice gets high and shrill from pimping the shed-built fleet. I'm sure you're aware of all the public health warnings about tighty-whities.
I'm sure you are well versed.
Making money in aviation is not a crime, and in fact may help others in seeing the value of starting a side business to help offset the costs of flying. There are many opportunities to save money and make money if pilots would open their eyes and think outside the box. Diversification and flexibility in this economy is not a vice.
Hmm, last time I called up to Duluth Cirrus was surviving, and far from prospering. Granted that is about the best you can hope for in this industry recently
Wayne, do you mean to tell me that a G-V isn't the perfect plane for my mission?
Yes it is, and the girls that will volunteer to ride along in the back will even take care of the dogs. I've thought about recommending that you buy one (as you know, I've represented quite a few other buyers for such planes) but also know that you're not an ostentatious kind of guy.
But if you change your mind I know where a great deal can be made for ~27 mil on a real nice one. Maybe you could rent it to Fearless for his trips to AZ. Range shouldn't be a problem, it will only need about a third of a tank of fuel.
Let me get a fundraiser going for that. As soon as we can raise the $27 mil, I'll give you a call. Will you throw in the type rating for that price? How about a fresh annual?
Oh, and I assume operating the G-V out of the 3500 ft gravel strips will be fine. I can't give up on my Canadian dog flights.
We were based on a 3500' strip in CT. No problemo. Engines are high enough that FOD isn't a problem.
Perfect.
Now I'll just need to explain to the folks that the plane will have to park on the runway since it won't fit in the parking area that any of those airports have.
If any of your posts have included diversification, I've missed it. Instead, your incessant bleating about the virtues of shed-builts even in situations where they are obviously inappropriate is disingenuous insofar as a balanced discussion is concerned. As a dealer, you should recuse yourself from participation in any such threads.
It's not just the Cirrus. I met people who tried to buy a Mooney just before the company folded. The problem was that Mooney entred a price gouging spiral. The fewer airplanes they made, the more they had to charge for those airplanes.
You have spent way too much time on the Beechtalk forums. The G36 is, was and never will be as fast as an Ovation, or an Acclaim. The Bonanza had little to nothing to do with Mooney's demise. The Cirrus did. If Beechcraft only built the Bonanza and nothing else, they too would be out of the plane building business.This went for a few years, until the pricing pushed them against G36. At that point G36 had the same speed, but it was much more airplane for the money.
Hope it's not too tight. We need a little room to turn that sow around.
I knew one of the recent CEOs. She said they have to get to 1500 to be profitable.
All the half build airplanes just sat where they left them.
There once was a new Mooney at our field. Reportedly, (during the housing bubble) the guy paid $600-Gs for it using home equity. Also reportedly, he didn't have insurance and when he went offroading in it at <20hrs in-type,had to fix it out of pocket. AND THEN his wife made him quit flying altogether. Reportedly he EVENTUALLY sold it for 4 something.It's not just the Cirrus. I met people who tried to buy a Mooney just before the company folded. The problem was that Mooney entred a price gouging spiral. The fewer airplanes they made, the more they had to charge for those airplanes. This went for a few years, until the pricing pushed them against G36. At that point G36 had the same speed, but it was much more airplane for the money. That killed Mooney for good. They survived Cirrus thanks to people who wanted the last knot of speed, but not their own pricing.
Also reportedly, he didn't have insurance and when he went offroading in it at <20hrs in-type, had to fix it out of pocket.