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28 Nov 2025, 02:41 [ UTC - 5; DST ]


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 Post subject: Re: Business Aircraft Purchase - Pro formas requested
PostPosted: 24 Mar 2017, 19:32 
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Joined: 07/02/10
Posts: 289
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Company: bravo foxtrot
Location: Chino CA
Aircraft: A36
Seth I also own a Tbm 700c2. The 850 would be a good fit but the pc12 does have more room. Check out newavex.com. You can see the comparison cost between the pc12 and the Tbm and others. I could not be happier with my Tbm goes high above most weather but of course not All. I would suggest going on demo rides in what ever planes you are interested. There is no cost to do that.

Good luck


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 Post subject: Re: Business Aircraft Purchase - Pro formas requested
PostPosted: 24 Mar 2017, 22:11 
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Joined: 12/03/14
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Company: Ciholas, Inc
Location: KEHR
Aircraft: C560V
Username Protected wrote:
The 850 would be a good fit but the pc12 does have more room.

The TBM has 40 more knots.

When bucking a 100 knot headwind on a long flight, that's a really big advantage.

Mike C.

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Email mikec (at) ciholas.com


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 Post subject: Re: Business Aircraft Purchase - Pro formas requested
PostPosted: 27 Mar 2017, 22:06 
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Joined: 10/01/12
Posts: 9
Aircraft: Mooney M20J Missile
I would back your avg ground speed math back to 200 or so, then anything over that will be gravy.

On short flights, you won't be averaging anywhere near 250 from takeoff to touchdown.[/quote]

Good point. Reduce to 200 knots. On the shorter flights. Even in my Mooney that cruises at 180+ I do my planning below that due to the climb, routing, etc . . .

-Seth


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 Post subject: Re: Business Aircraft Purchase - Pro formas requested
PostPosted: 27 Mar 2017, 22:12 
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Joined: 10/01/12
Posts: 9
Aircraft: Mooney M20J Missile
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Piling on - yeah 80% of cruise TAS for a total miles/total hours average.

And start figuring out how you wanna do money. Specifically, how will expenses be allocated in a year where one partner flies 50 hours, one 100 and one 200. Apart from fuel costs, are you going to bill based on hours spent in the plane or days that you had the plane available to use. Makes a big difference and it will probably determine Who the first partner to leave the plane will be.


Part of the good part about this partnership is it's three companies but all have similar partners.

Person A is a partner in all 3.
Person B is the one who is the accountant.
Person C (me the pilot and partner D) make up the third firm.


I was looking at setting up an entity as follows and am very much open to suggestions.

1. Each company would pay for 1/3 of the aircraft
2. Each company would pay for certain amount of monthly expenses
3. Each company would pay a certain amount for each hour flown
4. Each company would pay for their own fuel (we'd have to figure out a system)

Please give suggestions and real life scenarios.

Thanks,

-Seth


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