Amazing report and pics Adam, it was a fantastic trip indeed.
Several notes :
Jujupilote wrote:
10-day annual recurrent training ??? isn’t it huge for a private-and-busy owner ? Does it mean the type is known to be dangerous ?Would be really surprised if this was true. 525 type rating has a 16 day type rating with a 3 day recurrent each year.
@JasonC it sounded a bit much, but this is FlightSafety we’re talking about, so maybe he’s right. They tend to have longer and more padded training, hence why they’re also the most expensive. When I checked on doing type training for Avanti with them, it was also something extreme like 10 days or something. I’ve never heard of a TP type that takes that long (as a comparison, my SimCom type training on the Commander was a 4-day initial).
If you went with in-plane training in the Premier 1A, it would probably be a little shorter.
Like someone once quipped about jets; “with all the yearly mandatory training and the time spent on that, they’re literally the slowest aircraft I’ve ever flown”.
Just found this on FlightSafety website:
Pretty much the same as other planes…
Romain
Thanks @Romain. Makes sense
@AdamFrisch, once the initial is done, which is long but very comprehensive, the recurrents are only 3 days. The training is very comprehensive. Jets have a much better safety record than other GA types. There may be a correlation.
I like browsing plane ads. Was looking at used Premiers and other planes like the Avanti. Used prices for Premier 1A range from 1,5M to 2M USD. I was trying to make a guess about total cost of owning such a plane for a few years. Sheet below. Compared it to the TBM that I fly now and… it’s cheaper! Per nautical mile that is. The trick is in lower purchase price and thus lower depreciation. Would appreciate input from @AdamFrisch and @JasonC . Any bugs in this sheet? Comments?
I’m only a spectator at this level, so you’re numbers are much more informed than mine . But I’ve always thought that the TBM is a pretty costly deal financially when you consider capex. People fixate on the single engine “savings”, when they are a very small part of the overall cost. A Cessna Mustang would be cheaper to own than a TBM.
Premier 1’s seem to be a good deal, if you can live with the slightly challenged range. They have great cabin and are fast as hell. Thinking of getting one?
loco wrote:
I like browsing plane ads. Was looking at used Premiers and other planes like the Avanti. Used prices for Premier 1A range from 1,5M to 2M USD. I was trying to make a guess about total cost of owning such a plane for a few years. Sheet below. Compared it to the TBM that I fly now and… it’s cheaper! Per nautical mile that is. The trick is in lower purchase price and thus lower depreciation. Would appreciate input from @AdamFrisch and @JasonC . Any bugs in this sheet? Comments?
Servicing looks way too high if you are on a parts program which your spreadsheet implies as airframe/hour. I would allow 100k but don’t know Premiers specifically. Insurance should also be more like half that but is obviously dependent on you and your experience as well.
AdamFrisch wrote:
They have great cabin and are fast as hell. Thinking of getting one?
I have absolutely no use for one, but that swept wing and M.8 cruise. One can dream :-)
Go on!
My guy said his regularly does 455kts. Not sure there are many other private jets that go that fast.