30 Jun 2025, 19:04 [ UTC - 5; DST ]
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Post subject: Re: New M600 vs used TBM/PC12 Posted: 25 Jan 2021, 16:43 |
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Joined: 05/23/13 Posts: 8076 Post Likes: +10446 Company: Jet Acquisitions Location: Franklin, TN 615-739-9091 chip@jetacq.com
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Username Protected wrote: Note: Covington may be a DOF shop now, I had heard they were going to be, don't want to spread any misinformation.
Seeing that you're an expert in the biz  let me help you out. There are four approved overhaul shops in the US. The only reason to use them is if your engine still has items within the warranty, that Pratt will replace minus usage. Those are Dallas Airmotive Standard Aero Pratt themselve and my personal favorite.........COVINGTON!!!!! all approved. They're not 'buying' there way into the repair business, they've been doing this for a fair bit of time. They're just less expensive.
Well, as long as we're helping each other out "approved" and "designated" are two different things, Covington has been working towards being a DOF (Designated Overhaul Facility) I assume they either are or at least are with restrictions, but they still haven't developed the reputation in our world that they have in the AG world.
It takes a while to develop the reputation, Dallas Airmotive has worked hard at it, Standard Aero has always been quiet and consistent, their major business is airline motors, they bought Vector which has always had a great reputation for quality and being good to work with, and of course Pratt.
I mentioned Prime earlier and they have a very good reputation, but they chose not to go the DOF route.
When you are talking resale value, it matters. You can't save enough money on any engine event to justify a potential resale issue.
Call Elliott Jets, Gantt, Wetzel, Meisner, O'Gara, Prewitt or any of the other stocking aircraft dealers and tell them you want a wholesale bid on a late model PT6 powered aircraft with engines overhauled by anyone other then Pratt, Standard or Dallas and see what they say.
I'm not picking on you or Covington, I like to see more competition and Covington is working on it, but it would be wrong of me to not address the very real resale issue and let someone buy an airplane with a history that could be an issue.
It's also important to note that Covington has been around for many years, so if they did the motors before they were a DOF shop, they aren't DOF overhauls and that matters. It changes how much research we have to do to find out what exactly is in those engines.
_________________ Winners don’t whine.
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Post subject: Re: New M600 vs used TBM/PC12 Posted: 25 Jan 2021, 17:05 |
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Joined: 01/16/11 Posts: 11068 Post Likes: +7095 Location: Somewhere Over the Rainbow
Aircraft: PC12NG, G3Tat
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Username Protected wrote: Well, as long as we're helping each other out "approved" and "designated" are two different things, Covington has been working towards being a DOF (Designated Overhaul Facility) I assume they either are or at least are with restrictions, but they still haven't developed the reputation in our world that they have in the AG world.
They got the designation. They had it when I did my HSI, which was 3 years ago. Quote: It takes a while to develop the reputation, Dallas Airmotive has worked hard at it, Standard Aero has always been quiet and consistent, their major business is airline motors, they bought Vector which has always had a great reputation for quality and being good to work with, and of course Pratt.
Frankly, their reputation as billers scares me far more than their reputation as the greatest engine shops. Quote: When you are talking resale value, it matters. You can't save enough money on any engine event to justify a potential resale issue.
Call Elliott Jets, Gantt, Wetzel, Meisner, O'Gara, Prewitt or any of the other stocking aircraft dealers and tell them you want a wholesale bid on a late model PT6 powered aircraft with engines overhauled by anyone other then Pratt, Standard or Dallas and see what they say.
Don't know any of these guys. Ken Casey, Sean Sanders and a few others sell a shoot ton of PC12's. Who would wholesale their PC12???? Quote: I'm not picking on you or Covington, I like to see more competition and Covington is working on it, but it would be wrong of me to not address the very real resale issue and let someone buy an airplane with a history that could be an issue.
Yes you are and a Covington overhaul is most probably better than any of your aforementioned shops IMHO. If you are leaving Covington outta the mix for maintenance of a Pratt Engine you're doing your clients a disservice. Go learn about em. Aside from the airplane, it's the most expensive part. I don't know many airplanes, but I sure as %#$@ know about the PC12........knowing how things work exactly and where to get em fixed is important. Starter Gen is a good example. Overhauled unit from Pilatus, 5k, new they're around 12k, I get them overhauled for 2.8k-4k and yes also from an approved shop.
_________________ ---Rusty Shoe Keeper---
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Post subject: Re: New M600 vs used TBM/PC12 Posted: 25 Jan 2021, 17:41 |
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Joined: 01/16/11 Posts: 11068 Post Likes: +7095 Location: Somewhere Over the Rainbow
Aircraft: PC12NG, G3Tat
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Username Protected wrote: The engine will be the least of your problems at resale Pennman, with that bucket of bolts baking in the humid salt air by the beach the wings are probably corroded to hell too. Just kidding. < sort of > homebase is KFXE which is about 5 to 6 miles from the beach. Way different than PBI, PMP which are a lot closer. I do a corrosion inspection and treatment every year on my airplane. Do compressor washes a lot. My airplane flies around in clouds, so it gets pressure washed often...... stick around, enjoy the shrimp, I'm thinking about writing a book........weather crappy today so no damn kiting or surfing. 
_________________ ---Rusty Shoe Keeper---
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Post subject: Re: New M600 vs used TBM/PC12 Posted: 25 Jan 2021, 18:04 |
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Joined: 09/02/09 Posts: 8689 Post Likes: +9259 Company: OAA Location: Oklahoma City - PWA/Calistoga KSTS
Aircraft: UMF3, UBF 2, P180 II
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Username Protected wrote: The engine will be the least of your problems at resale Pennman, with that bucket of bolts baking in the humid salt air by the beach the wings are probably corroded to hell too. Just kidding. < sort of > homebase is KFXE which is about 5 to 6 miles from the beach. Way different than PBI, PMP which are a lot closer. I do a corrosion inspection and treatment every year on my airplane. Do compressor washes a lot. My airplane flies around in clouds, so it gets pressure washed often...... stick around, enjoy the shrimp, I'm thinking about writing a book........weather crappy today so no damn kiting or surfing. 
A couple of years ago I flew to North Carolina to look at a Waco that had been built by Shue (the best in the biz), Airventure award winner, etc. At 100 feet it was gorgeous. At 25 feet you could see that every screw, engine cylinder, etc. was dull silvery grey. It was heartbreaking and I couldn't tell the very nice older gentleman that the plane and engine needed to be completely rebuilt all over again. It was further from the ocean than you are...
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Post subject: Re: New M600 vs used TBM/PC12 Posted: 25 Jan 2021, 19:38 |
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Joined: 03/06/18 Posts: 6
Aircraft: Mooney M20S
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Username Protected wrote: The engine will be the least of your problems at resale Pennman, with that bucket of bolts baking in the humid salt air by the beach the wings are probably corroded to hell too. Just kidding. < sort of > homebase is KFXE which is about 5 to 6 miles from the beach. Way different than PBI, PMP which are a lot closer. I do a corrosion inspection and treatment every year on my airplane. Do compressor washes a lot. My airplane flies around in clouds, so it gets pressure washed often...... stick around, enjoy the shrimp, I'm thinking about writing a book........weather crappy today so no damn kiting or surfing. 
How often do you do compressor washes?
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Post subject: Re: New M600 vs used TBM/PC12 Posted: 25 Jan 2021, 19:51 |
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Joined: 04/20/15 Posts: 654 Post Likes: +362 Location: KFAT
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Username Protected wrote: I thought cycle-limited parts had to be replaced, even under part 91?
Penman- I'm a believer. we're about 2 yrs out from a HS, and I'm already planning. Same here. We're maybe 4 years out (if flying picks back up a bit). This is great news.
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Post subject: Re: New M600 vs used TBM/PC12 Posted: 25 Jan 2021, 19:53 |
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Joined: 05/23/13 Posts: 8076 Post Likes: +10446 Company: Jet Acquisitions Location: Franklin, TN 615-739-9091 chip@jetacq.com
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Username Protected wrote: Yes you are and a Covington overhaul is most probably better than any of your aforementioned shops IMHO. If you are leaving Covington outta the mix for maintenance of a Pratt Engine you're doing your clients a disservice. You do know a lot about PC-12's, and you are a fan of Covington, but I will 100% guarantee you that as of today the experienced PT6 powered turboprop buyer still looks at Covington as less than the other shops. I'm not saying their work is lower quality, I am saying it's a resale issue on later model aircraft. They are making great strides, and they may have had a restricted DOF approval 3 years ago but they weren't (to my knowledge) a DOF shop back then. So, I am NOT doing my clients a disservice. I am giving them the complete picture so that they can make a good decision having ALL of the information. I am also not saying I like Pratt or their pricing. I do not like the lack of competition... and ironically PT6's aren't bad, we deal with engines that ONLY Pratt can overhaul. That gets painful! I am saying there are resale factors here that need to be considered prior to making a decision about which shop does the work. To say that one shop's overhauls are better than another's is just silly. All of the DOF shops use the same Pratt supplied components and should be overhauling or inspecting the engine to the same standard. Of course, like anything else, stuff happens and mistakes get made, but none of these shops are doing crappy work. Even though they've been around a long time, when it comes to name brand Pratt overhauls, Covington is the new kid on the block and it will take awhile for them to build the reputation that a Dallas Airmotive or Standard Aero has. Let's give them a few years and see how the market responds. It is the market, it's not Chip's opinion. That's why I gave you a list of dealers who actually buy and resell PT6 powered aircraft, some who have been in business for over 40 years. They'd all love to buy a PC-12 wholesale, but that almost never happens. When it comes to making these decisions, it's also important to remember that there are factors other than cost involved. You're uber focused on cost, that's great. Some of our clients are, most are not, they just don't want to get screwed. As Chuck said, ENGINE RULE #1 - hire someone to manage the engine through the event. They will save you way more than they charge you!
_________________ Winners don’t whine.
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Post subject: Re: New M600 vs used TBM/PC12 Posted: 25 Jan 2021, 21:00 |
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Joined: 11/10/13 Posts: 882 Post Likes: +517 Location: Kcir
Aircraft: C90
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Mike, Like you, I am an owner/operator of a couple of pt6s. Really appreciate your data point and telling us about Covington. Will definitely check them out when my hsi comes up. 
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Post subject: Re: New M600 vs used TBM/PC12 Posted: 25 Jan 2021, 21:17 |
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Joined: 06/09/09 Posts: 4438 Post Likes: +3304
Aircraft: C182P, Merlin IIIC
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Chip, how much “fat” would you consider there to be in the name-brand turbine engine business?
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Post subject: Re: New M600 vs used TBM/PC12 Posted: 25 Jan 2021, 21:31 |
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Joined: 01/16/11 Posts: 11068 Post Likes: +7095 Location: Somewhere Over the Rainbow
Aircraft: PC12NG, G3Tat
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Username Protected wrote: They are making great strides, and they may have had a restricted DOF approval 3 years ago but they weren't (to my knowledge) a DOF shop back then.
So, I am NOT doing my clients a disservice. I am giving them the complete picture so that they can make a good decision having ALL of the information.
Making great strides. Are you getting a kickback too? Epps does and so do most of the maintenance facilities. If you are advising a client to have a maintenance facility handle the HSI or overhaul, you're making a mistake. Plain and simple. That method adds so many more gotchas to the equation it's not even comparable. Nope, they were a DOF shop back then. I wanted to make sure that Pratt honored any warranty components. I will state that Covington does a better job than the shops you state. Just that simple. I did my homework. I spoke to at least 6 folks that did overhauls, HSI, mostly in the AG space. Craig C enlightened me as to what exactly a hot section and what is entailed. Not a lot of moving parts here, quite simple actually, all things considered. Just need the proper tooling and well taught mechanics. I even spoke with Paul Jones at length. He agreed that people without my methods and thought process are exactly why he has a job. He oversees what those fine facilities are doing and why. He's basically your calling 'bullshit' meter on the ground when they start taking things apart. You telling me that the quality of the folks in Dallas Airmotive are better than Convington? Simply not true. Are they charging more? You betcha!!!! Here's what I would like everyone on the boards to know. Who owns Standard and Dallas? Who owns Covington? The ownership and leadership is critical in ANY business. I know, I used to run em, and I've sold them to people who do run them. Chip, I like you man, but don't tell me that a Standard and Dallas are holding themselves to the same standard as Covington. Ain't possible mate, and it ain't even close. I did not need a Paul Jones on the ground when I went to Covington in Tunica Mississippi. You can see I feel strongly about this. As a guy selling into the owner flown market it behooves you to do the same. I will state this clearly, if you send someone to Dallas through a maintenance facility, you are doing them a serious disservice.
_________________ ---Rusty Shoe Keeper---
Last edited on 25 Jan 2021, 21:33, edited 1 time in total.
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Post subject: Re: New M600 vs used TBM/PC12 Posted: 25 Jan 2021, 21:32 |
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Joined: 11/22/12 Posts: 2847 Post Likes: +2793 Company: Retired Location: Lynnwood, WA (KPAE)
Aircraft: Lancair Evolution
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Username Protected wrote: as of today the experienced PT6 powered turboprop buyer still looks at Covington as less than the other shops. I'm not saying their work is lower quality....To say that one shop's overhauls are better than another's is just silly....So, I am NOT doing my clients a disservice. I am giving them the complete picture so that they can make a good decision having ALL of the information. What you're describing is an opportunity to take advantage of other brokers' misguided prejudice to pick up an equally good airplane for a discount. I presume that's what you're telling your clients? Quote: Covington is the new kid on the block and it will take awhile for them to build the reputation that a Dallas Airmotive or Standard Aero has. Let's give them a few years and see how the market responds. So if your client is planning to keep the plane for a few years, you're saying by then the prejudice may well have disappeared and they may get full price reselling the plane they bought at a discount. I'll bet your clients are happy to hear that.
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Post subject: Re: New M600 vs used TBM/PC12 Posted: 25 Jan 2021, 21:37 |
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Joined: 11/22/12 Posts: 2847 Post Likes: +2793 Company: Retired Location: Lynnwood, WA (KPAE)
Aircraft: Lancair Evolution
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Username Protected wrote: Here's what I would like everyone on the boards to know. Who owns Standard and Dallas? Who owns Covington? OK, you want us to know, so tell us then. Who owns Standard, Dallas, and Covington?
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