It flies again

kmead

Line Up and Wait
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Jul 2, 2007
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kmead
After more than 8 months of hard labor and more than $500,000 the jet prop is back in the air. The test flight went great today and it's now sitting in a Nebraska paint shop. This Jetprop was delivered to us in a shipping container from Poland. All it needed was a new wing, landing gear, prop, 2 fuselage skins, cowling, and a big engine repair. I'm really glad it's done.

Kevin
 

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I missed that part the first time as well. But, for some reason the half-million dollar price tag didn't escape my eyes. :eek:

Yeah, I wondered three things:

1) Did Kevin write those checks?

2) What does Kevin DO for a living? :-)

3) What will previous damage history that extensive do to resale value?

An in-flight pic: http://airnews.pl/view/show/1557
 
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The owner is not clear on what happened and I have never seen any pictures. I believe this happened at a small grass strip where the airplane is based. I promise I don't own this Malibu, the owner sends me checks. The last time I did a repair this big was way back in 1992, the cost was $240,000. Parts and labor prices have really gone up. That's even more than I paid for my Malibu 2.5 years ago.

This Malibu is well equipped with Chelton displays and a modified panel. I would hate to guess what he has invested now. The resale value drops a lot, but it seems to help with more time passing after the repair. I think he's invested for the long-haul.

Kevin
 
The owner is not clear on what happened and I have never seen any pictures. I believe this happened at a small grass strip where the airplane is based. I promise I don't own this Malibu, the owner sends me checks. The last time I did a repair this big was way back in 1992, the cost was $240,000. Parts and labor prices have really gone up. That's even more than I paid for my Malibu 2.5 years ago.

This Malibu is well equipped with Chelton displays and a modified panel. I would hate to guess what he has invested now. The resale value drops a lot, but it seems to help with more time passing after the repair. I think he's invested for the long-haul.

Kevin
At $500,000, unless your last name is Gates or Buffet... probably so. It was this story that made wonder more about what Dave is facing for upgrading to turbines.
 
Reliability, performance and sex appeal are the big draw, but it becomes a whole different world of costs. They use a lot more fuel and when they break it seems unlimited in cost. Two engines, it doubles. We had a Meridian that hit $212,000 for the repair of the engine's compressor. This wasn't an overhaul either. I suppose if a good (cheap) Jetprop shows up someday I might just move up.

Kevin
 
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