Geico266
Touchdown! Greaser!
There is little green lizard on POA that built one............
Built it, flew it for 324 hours and sold it to make a $15k profit. .
I love RVs.
There is little green lizard on POA that built one............
The factory-built RV-12 only happened after the collapse of Skycatcher. However, it was possibly to buy a CTLS for less money than 162. It's just that some dinosaurs were dead-seat on lumping the dead weight of O-200. If it were good for Cub, it should've been good for anyone.
The fact that there are some people succeeding in LSA training doesn't change the fact that as a whole, there isn't a whole lot of it out there. I think I know of only one or two operations flying new LSAs over several states I fly in. Counter this with the fact you can find one or two flight training operations at just about any field. We had a couple of sport pilot training guys try to start up at CJR but both were using sport pilot-eligible (Ercoupe, Luscombe). I don't know anybody using Groundcatchers.
Wait,....I thought you weren't a pilot?
I don't know anybody using Groundcatchers.
From a customer standpoint, why would I rent the 162 for a crazy $$$ per hour when I can find a four seat plane for the same or less.
The folks forced into SP is a large group but with fewer actual participants IMHO.
The price of the rental of a Skycatcher at the two FBOs I linked above are $40.00 and $30.00 less per hour than a non-glass 172.
It still doesn't really make sense tho. If you can rent either, spreading the cost of your missions between two planes actually probably increases cost of both.
From a customer standpoint, why would I rent the 162 for a crazy $$$ per hour when I can find a four seat plane for the same or less.
But I thought the idea had merit: Offer a Cirrus Light Sport, including training if required, at a "loss leader" price - maybe $125k at the time. Then, any time in the next year (or two, or three), give full credit back towards any Cirrus SR model. Would get people involved in Cirrus, and they would still have a used Light Sport Cirrus to resell or use for training or whatever.
In my area of the country (KJYO), a 162 rents for $110 and a 172 rents for $130-170, so there is at least a $20 per hour price advantage.
Ryan
That only works because the plane is a leaseback and someone is not accounting for cost of capital and depreciation.
It's very simple. Those 162s were bought before the time Textron kicked Jack Pelton out and the giant price hike. The school probably paid $105k for each, which makes the financing much more bearable than your calculation suggested.I just don't see the economics. If you figure you can get a really nice C-172N for $50K (and I do mean REALLY nice) but the SkyCatcher is $165K, how are you paying back that extra $115K?
It's very simple. Those 162s were bought before the time Textron kicked Jack Pelton out and the giant price hike. The school probably paid $105k for each, which makes the financing much more bearable than your calculation suggested.
Even at $105K there's $55K more capital in the 162 than the 172 but they charge $20/hr less? Still doesn't make sense to me.
John
Even at $105K there's $55K more capital in the 162 than the 172 but they charge $20/hr less? Still doesn't make sense to me.
John
Capital isn't the greatest cost, fuel is.
C-162 burns between 5&6 gph. C-172 N will burn between 7&8 gph (properly leaned). Where I buy fuel that's $12-$14 per hour difference (and I buy expensive fuel).
I still don't see it without some kind of subsidy.
John
C-162 burns between 5&6 gph. C-172 N will burn between 7&8 gph (properly leaned). Where I buy fuel that's $12-$14 per hour difference (and I buy expensive fuel).
I still don't see it without some kind of subsidy.
John
C-162 burns between 5&6 gph. C-172 N will burn between 7&8 gph (properly leaned). Where I buy fuel that's $12-$14 per hour difference (and I buy expensive fuel).
I still don't see it without some kind of subsidy.
John
Even at $105K there's $55K more capital in the 162 than the 172 but they charge $20/hr less? Still doesn't make sense to me.
The rest is subsidized by less maintenance on a new plane vs old and less insurance cost on 2 seat vs 4 I'd imagine.
Well, I'm really sad that the whole business ended, as a budget flier.
When Pelton was forced out and the price went up by a half on the 162, the end of the big three for private flying started. If the 162 had a 150 pound greater useful load, if the FAA had allowed all that factory flight testing to be credited toward Primary Cat certification, if the dealers had gotten behind it, if people hadn't gone off the deep end about China, if the flight engineers had simply looked at the first attempt at a tail and said there isn't enough area below the elevators for that to work....well, none of that happened. Now the process begins. Cessna is slowly going to get out of the piston engine product line, as will Piper and Beechcraft. None of their new management is looking at private prop aviation as the future.
The useful load was probably the one thing that didn't work for the 162. I would have loved to get checked out in the 162 but you couldn't get a CFI and full fuel with me in the plane. And useful load was completely artificial. If you did the numbers by performance, it could easily carry more than the 150 at the same rate of climb.
The real cause? Well, let's say that the FAA regs aren't helping private aviation at all. There isn't any reason why a sport plane can't be in the market, but between the artificial LSA weight limit and the the FAA instance that the cost of full certification in Primary cat. had to be done -
And let it be said: In the history of running a company, having the CEO declare the product as no future while you have 80 on the ramp and a sales force that is still trying to move them... well, that is worthy of an episode of The Office.
I would have to think that the 30+ year old Skyhawk would need more repairs & maintenance than would a new 162.
And useful load was completely artificial. If you did the numbers by performance, it could easily carry more than the 150 at the same rate of climb.
There are plenty of LSAs that have a more than sufficient useful load. The Skycatcher just isn't one of them. That's Cessna's fault, not the FAA's.
Me and a couple friends all went thru a period where we tried to check out as many LSA's as possible with an eye towards making a purchase. We tried a Remos and liked it but found the cockpit a little tight, for a bunch of old guys, of course.
Tried the CTSW and found it quick, fun but more of a curiosity than our idea of a keeper.
Flew a Jetfox and Loved It but they stopped making them, of course.
Flew and liked a couple of planes out of the Ukraine and liked some,hated some and loved one, they seemed to stop making those, too.
Flew the Skycatcher once, hated the plastic, floppy, cheap looking, Chinese crappy finish work and hated the little plastic knob to turn and move the rudder pedals in and out, e stupid yoke/stick/stoke thing and the sudden movements when imputing a slight amount of input to it.
Couldn't find a reason to endorse the engine, as opposed to the Rotax as far a afield and weight, and lacking hip and shoulder room.
Still pondering an LSA.
There are literally dozens of choices. Did you go to Sebring this year?
RV -12?
Buy American?