NetJets Card275 is $215,000 for 25 hours in a P300 with 90 blackout days per year.

50 hours thus costs $430,000 and you fly only on off peak days. Want only 45 blackout dates, Card320? That's $560,000 for 50 hours.

I had no idea how expensive frax was. Why is that?

You could buy a 501, fly it 100 hours, and scrap it every year for the cost of 100 hours on NetJets. And you can fly it on any day!

It is hard to imagine any scenario where frax is the most economical option.

Mike C.

If no one bought the $8m jets then there would be no sub $1m jets to buy.

Further, if their wasn't a lot of people saying to avoid the older jets, they wouldn't be $1M either.

Thus the misinformation being spread around creates a tremendous buying opportunity for those who can see past that.

The legacy Citations are easily the best entry into the jet life.

Mike C.

Further, if their wasn't a lot of people saying to avoid the older jets, they wouldn't be $1M either.

Thus the misinformation being spread around creates a tremendous buying opportunity for those who can see past that.

The legacy Citations are easily the best entry into the jet life.

Mike C.

Bill,

That’s not necessarily the case at FSI. I just finished up my recurrent in the CJ3+ on Monday. I was originally scheduled for “progressive” training over 3 days. However, that requires a TCE, and not all instructors are TCE certified. In my case, the originally scheduled progressive training, turned into a single day checkride, because the TCE who was scheduled was out sick. I ended up with a different instructor each of the first 2 sim sessions, and a checkride on the 3rd day, from an altogether different examiner.

Honestly, I’m not impressed with the training. 15 hours of boilerplate slides, accompanied by instructor and participant war stories. Then, I get about 2 hours of sim training each day, much of which is spent taxiing and doing preflight initialization. Then, you get the easy basics, combined with drinking through a fire hose of improbable emergencies.

As a part 91 single pilot operator, I would be far better off with realistic scenarios, tied to my weaknesses. I know that’s not practical for FSI, but I am going to work hard to find an insurer that isn’t adamant that FSI is the ultimate training. I love the idea of some sim time for stuff that can’t be done in the plane, but I think I get better ground and flight training with a good instructor, who knows my skills and weaknesses.

Chip and Mike I am going to say what everyone thinks.... How in the HELL do you guys have time enough to work with all this posting?

Hard to argue with the results. Big cabin for the class, reliable PW535s, strong support, and Embraer kept refining it instead of reinventing it. The resale numbers pretty much say it all.

They sure do.

Chip-

Further, if their wasn't a lot of people saying to avoid the older jets, they wouldn't be $1M either.

Thus the misinformation being spread around creates a tremendous buying opportunity for those who can see past that.

The legacy Citations are easily the best entry into the jet life.

Mike C.

Fully agree. It never ceases to amaze me how much time is wasted in sims doing completely pointless stuff, or waiting for "repositioning", due to some stupid over-ladden scenario failing to load correctly.

/quote]

Let me try this.

Most of us Uber.

I almost always use Uber Black.

I’m guessing you do not.

That just means that we are going to have two very different experiences.

.[/quote]

Tell me you don’t understand developing wealth without telling me.

Tell me you don't know how to quote on Beechtalk without telling me.

To your point, I use to believe the same thing, it was based on where I grew up and the type of rich people I had met up until that point.

One of the many cool things about what I do is that I meet a lot of very successful people. I have learned a lot from them, many are downright inspiring. If I made a list of the top ten humans I know, nearly the whole list would be client-friends.

I have learned that whatever kind of person you are before you obtain wealth, is usually the person you will be after.

If you are stingy and become wealthy, you'll still be stingy.

If you are generous before you'll be generous after.

There's nothing wrong with being frugal, I am, I'm Scottish after all.

But, if you think that going cheap on Uber rides is the secret to success, I'll need further explanation.

I do know rich people that are very frugal, but I know a lot of very wealthy people that are lavish. In fact, most people are frugal about some things, and spend lavishly on others.

Being completely frugal (tight) and owning an airplane are in conflict with each other.

Are those the only two options you think are possible? What a narrow world view that is.

Why is wasting money on an Uber the opposite of "stingy"? That sounds more like "wasteful" to me.

You want to be "generous"? Take a lower cost Uber and donate the difference to charity.

Mike C.

Are those the only two options you think are possible? What a narrow world view that is.

Why is wasting money on an Uber the opposite of "stingy"? That sounds more like "wasteful" to me.

You want to be "generous"? Take a lower cost Uber and donate the difference to charity.

Mike C.

That's a great choice.

But is everyone else "stingy" for not making the same choice you did?

Mike C.