I think this video answers the question very well:
Other big reasons are insurance and hour requirements.
TBM type rating in Europe is organized by Daher (the manufacturer). They require a PPL/IR with 500h total time plus HPA (high performance aircraft) endorsement as well as RVSM and optionally MNPS. European insurers require the type rating usually as the only condition. Under FAA, there is no type rating for TBMs so the insurance companies have different requirements.
Charlie wrote:
I suspect insurance is significantly higher for a C510?
Not at all. I know it got cheaper (even after adjusting for hull value – which may often be lower in the C510).
Peter wrote:
When I did this flight in 2010, the Euro TBM rating was called a “class rating”, not a “type rating”. It amounted to the same thing, I think. Has this changed?
No, it’s still a class rating but there is only one aircraft in the class. Therefore it’s the equivalent of a type rating. The rating is called “TBM SET” in the license. It enables you to fly any TBM ever built.
Here’s an article I did on the TBM700C2 in 2006. I also did all the photos.
(English version download link)
http://www.airwork.biz/wp-content/uploads/2009/03/tbm700_e1.pdf
JasonC wrote:
Not at all. I know it got cheaper (even after adjusting for hull value – which may often be lower in the C510).
What, roughly, are you talking about? £10k / £20k / £30k?
Charlie wrote:
What, roughly, are you talking about? £10k / £20k / £30k?
Below $10k
For hull value, I would be astonished to see anybody getting it for less than 1% per year.