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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 14:27 
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Aircraft: 58P C510 C525 Excel
Our tbm has cost us more in maintenance than any of our c525s or c510s in the past few years. This is not uncommon speaking with multiple other operators.

I'd buy a mustang hands down.

-The citation jet exchange

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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 14:39 
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Joined: 01/16/11
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Username Protected wrote:

I’ve owned a Baron or my TwinBo for the last 12 years and they cost me about 35k per year to own. I’ve also flown and managed a 2009NG for the last 6 years and seen and approved every expense. A pc12 is 4-5x not counting cost of capital.


:D

Be serious would ya.........Baron is 5 times less to operate. :coffee:

Your paint job alone on the Twinbo is my yearly operating for the PC12.. :eek:

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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 14:42 
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Joined: 08/09/11
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Company: Naples Jet Center
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. . . If I could be convinced all costs (capital, insurance, operating, etc) of a 501 could be comparable to a Meridian over a 5-10 year hold period I'd definitely consider it. The 501 is overkill for my mission, but I'd gladly take the increased capability if it doesn't cost much more. . .
.


The market is pretty smart. There are many reasons old Citations are almost free and $20k/yr in Mx costs is not one of them. If someone could guarantee me I could run one for twice your Meridian, I’d have one yesterday but:


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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 15:38 
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Joined: 08/16/15
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Location: Ogden UT
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If you buy an old turbine, there are just some really expensive things that can happen. You may get lucky and just be flying a very expensive plane. You could get a little unlucky and you’re flying a very very very very expensive plane. Not much difference between fish stories and turbine cost stories. ;-) The meridian option for option, year for year is the cheapest factory turbine to acquire and operate. There’s always bigger, higher, faster, but they are all more expensive, apples to apples. There seem to be some good deals, but having a plane where I have to source parts, or refurb parts, Doesn’t sound appealing to me. Some people enjoy that. The last thing about those planes, they are very complex, not really set up for single pilot operations. If you are on your A-game, on an A-day, fine. But if you are having a bad day, in bad weather, and systems start shedding, they are a handful.

For most general aviation pilots, being in a simpler plane is just far far safer. Especially single pilot IMC. Which is one of the toughest least forgiving jobs on the planet. Just better off being in a simple single engine turbine.

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Chuck Ivester
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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 16:06 
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Joined: 12/03/14
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Company: Ciholas, Inc
Location: KEHR
Aircraft: C560V
Username Protected wrote:
If you buy an old turbine, there are just some really expensive things that can happen.

This can happen on new turbines, too.

And when it does, less choices to resolve it.

On an older machine, more choices to resolve it usually such as buy used/surplus parts/engines.

Quote:
The last thing about those planes, they are very complex, not really set up for single pilot operations. If you are on your A-game, on an A-day, fine. But if you are having a bad day, in bad weather, and systems start shedding, they are a handful.

In bad weather, I'll take the Citation over any turboprop.

Quote:
For most general aviation pilots, being in a simpler plane is just far far safer.

Propellers are complex.

Having one engine is very complex should it fail.

Quote:
Just better off being in a simple single engine turbine.

Don't agree.

A twin jet is all the benefits of a twin (redundant thrust, redundant power, redundant systems) with none of the issues of propeller twins (Vmc roll over, feathering the wrong one) or a propeller single (no redundancy). Plus the high altitude capability means less weather overall.

The one place turboprop wins is contaminated runways. My V will stop in 5000 ft with no brakes at all, but a 3000 ft runway with ice or snow will be an issue that the turboprop handles easily.

Mike C.

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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 16:36 
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Joined: 06/28/09
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Location: Walnut Creek, CA (KCCR)
Aircraft: 1962 Twin Bonanza
Username Protected wrote:

I’ve owned a Baron or my TwinBo for the last 12 years and they cost me about 35k per year to own. I’ve also flown and managed a 2009NG for the last 6 years and seen and approved every expense. A pc12 is 4-5x not counting cost of capital.


:D

Be serious would ya.........Baron is 5 times less to operate. :coffee:

Your paint job alone on the Twinbo is my yearly operating for the PC12.. :eek:


You’re HAPP insurance is double my annual fuel bill. :box:

Yes the Baron is 4-5x less per year to own and run, NOT including cost of capital. My paint was a once in 60 years event. :D
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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 16:38 
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The single pilot citations are very simple to fly. Things happen faster (both horizontally and vertically) but other than an uncommanded TR deployment in a legacy citation there aren't any more gotchas. Managing the airplane in both normal and emergency procedures isn't any more complicated. I guess one could argue syncing the engines is a little more work but that's about it. Really very comparable from a workload standpoint to a SETP. Generally, the more capable the plane the more complex to fly, but that isn't the case with the single pilot citations.


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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 16:48 
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Username Protected wrote:
. . . If I could be convinced all costs (capital, insurance, operating, etc) of a 501 could be comparable to a Meridian over a 5-10 year hold period I'd definitely consider it. The 501 is overkill for my mission, but I'd gladly take the increased capability if it doesn't cost much more. . .
.


The market is pretty smart. There are many reasons old Citations are almost free and $20k/yr in Mx costs is not one of them. If someone could guarantee me I could run one for twice your Meridian, I’d have one yesterday but:


This resonates with me. I have no doubt the market is smarter than me. Like Chuck I have no interest in chasing down parts. I want the thing to work and be fast and hassle free to get repaired when it doesn't. If the catch is you have to be a mini used parts broker or have extended down time, count me out. Maybe down the road when life slows down and the mission warrants the capability.

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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 17:05 
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Joined: 12/03/14
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Company: Ciholas, Inc
Location: KEHR
Aircraft: C560V
Username Protected wrote:
I want the thing to work and be fast and hassle free to get repaired when it doesn't. If the catch is you have to be a mini used parts broker or have extended down time, count me out.

The Citation allows you many options.

For service, wide variety of choices from the mothership at KICT, factory service centers all over the world, to independent shops. My MU2 needed a specialty shop, but I am getting a fair amount of little work done locally, which is great. There are also MSU, mobile service units, which will come to you and fix the plane on site. The whole service ecosystem is geared around keeping the plane flying.

For parts, the Textron online parts system is fantastic. I've order a number of things and they are almost always in stock. There are also a large number of well stocked surplus and used parts places.

As an owner, you can choose to select your money versus time strategy. If you want to spend the least, you can work the used parts and surplus markets, including eBay, and find a lot of stuff. If you are the "here are the keys, call me when done" guy, then take it to a service center and let them go. Your choice.

In my case, I like to do the debugging of issues. So I don't say "the power brakes are not pumping up", instead I say "replace pressure switch S168". But I'm an engineer and I can figure out what part has failed through testes and deduction. Indeed, initially when this problem was reported, the shop replaced a relay. I asked why and they said "it was the cheapest part, so we start there, we move on to the next expensive part if that doesn't work". Uh huh. 5 minutes with a voltmeter and I knew that wasn't the issue.

Ask me in a few years how this is all working out, but for now, having a great place to get factory parts quickly, and a local shop that lets me direct the work and provide parts, is wonderful.

Mike C.

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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 17:06 
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Joined: 05/27/16
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Aircraft: 1983 Bonanza A36TN
Username Protected wrote:

My 58 cost almost the same per hour as the PC12. The main reason was the fuel cost differential, oil changes, and piston nickel and diming.


Which should make it a fair bit cheaper per nm.


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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 17:20 
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Joined: 01/16/11
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Aircraft: PC12NG, G3Tat
Username Protected wrote:

My 58 cost almost the same per hour as the PC12. The main reason was the fuel cost differential, oil changes, and piston nickel and diming.


Which should make it a fair bit cheaper per nm.


;) , just don’t tell Silverthorne.
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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 18:06 
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Joined: 06/28/09
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Location: Walnut Creek, CA (KCCR)
Aircraft: 1962 Twin Bonanza
Username Protected wrote:

My 58 cost almost the same per hour as the PC12. The main reason was the fuel cost differential, oil changes, and piston nickel and diming.

Which should make it a fair bit cheaper per nm.


;) , just don’t tell Silverthorne.


PC12 is an amazing machine, but no need to mislead on the costs. you’re spending 200k /yr ++. Well worth it for many missions, and a great sleigh if you can justify that, but it’s far more than any Baron.
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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 18:48 
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Joined: 05/05/09
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Aircraft: C501, R66, A36
Username Protected wrote:
. . . If I could be convinced all costs (capital, insurance, operating, etc) of a 501 could be comparable to a Meridian over a 5-10 year hold period I'd definitely consider it. The 501 is overkill for my mission, but I'd gladly take the increased capability if it doesn't cost much more. . .
.


The market is pretty smart. There are many reasons old Citations are almost free and $20k/yr in Mx costs is not one of them. If someone could guarantee me I could run one for twice your Meridian, I’d have one yesterday but:


This is no longer a true statement. The 501s 550s and 560s have been rediscovered and the market has recognized that. People are paying high prices and spending lots of money on cosmetics, panels and engines. They are no longer throw away airplanes. The reason is simple, there’s nothing in this price point that offers this level of performance. Granted I have employed mechanics and perhaps that isn’t totally fair but they are definitely $20k/yr mx airplanes for most people.

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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 19:01 
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Joined: 11/19/15
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Company: Centurion LV and Eleusis
Location: Draper UT KPVU-KVNY
Aircraft: N45AF 501sp Eagle II
No way I would rather have a Meridian or TBM over my 501sp Eagle II

Cheaper to buy, On program, faster, safer, way larger, more range, more payload, and cool factor.

I was max gross out of Van Nuys climbing 4000fpm with huge power. At FL350 we were going 390 knots.

Nothing like twin jet performance when heavy and hotter. The Eagle II does not care. So nice to not be worrying about a single or twin prop failing. Just fly the plane and shoot for the moon.

I can’t imagine paying triple for a single turbo prop and having to leave half my family behind, going slow at FL280, and less than 1000nm range.

Sorry but I don’t get the expensive turbo prop market. Too many great jet options out there.


Mike


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 Post subject: Re: $1MM Meridian vs. $1MM TBM
PostPosted: 04 Sep 2021, 19:14 
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Joined: 03/15/16
Posts: 672
Post Likes: +365
Location: Charlotte NC
Aircraft: Piper Mirage
Sadly, I agree with the above. The TBM850 is a 320ktas airplane but for $1.8M, you can get a lot in the CJ market. It’s a real jump to go from a meridian to those prices….

Val


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