To find the number of pre-owned Cirrus airplanes for sale many pilots will go to popular websites, such as Controller or Trade-a-plane. In July 2017, there were 195 Cirrus piston airplanes for sale on Controller. Here’s the summary listing on the Controller website. Continue reading “What’s the number of pre-owned Cirrus airplanes for sale?”
Happy July 4th 1776!
As we celebrate our nation’s two hundred forty-one years of freedom we honor those dedicated to its preservation. With respect and gratitude we thank the men and women of our armed forces, law enforcement, Homeland security, fire and rescue and many others that give us the land of the free because they are brave.
We hope that you have an enjoyable and safe July 4th week. God bless The United States of America.
Welcome! This is the fourth anniversary of general aviation writing at wikiWings®. During the year, we added articles on airplane operating costs which is a significant topic of interest for pilots. There are now more than 73 detailed posts on the cost to fly. You can view the operating cost articles in chronological order by selecting “categories” on the wikiWings home page (Select Category is located in the right side margin). Just click on “Cost of Ownership” in the drop-down menu.
This past year, we congratulated the Cirrus Aircraft team for certification of the SF50 Personal Jet and posted eight articles on the new Vision jet including its expected operating cost. Continue reading “Wheels Up! 2017”
Cirrus Aircraft has shipped a total of 6,526 airplanes at the conclusion of calendar year 2016. Last year, Cirrus shipped 317 airplanes which was up by 5.3% over the prior year 2015. The numbers exclude Vision Jet delivers. In 2016, Cirrus delivered three jets to customers.
Deliveries of piston singles are up but still running half the volume of pre-recession levels. Continue reading “How many airplanes has Cirrus Aircraft manufactured?”
In February, the General Aviation Manufacturers Association (GAMA.aero) released their 2016 annual report. It presents declining piston engine shipments which is disappointing news for GA but that’s not the whole story. Some manufacturers are increasing sales. In 2016, Cirrus shipped 5.3% more planes than the prior year. And, Cirrus piston shipments last year were up 14.9% over year-end numbers for 2013. That’s good.
It’s a trend that’s also being seen in Cirrus pre-owned aircraft sales. Compared to four years ago, availability has changed significantly because more pilots are shifting into Cirrus planes and taking them off the market. Supply slack is just gone in certain Cirrus pre-owned models. Continue reading “Here’s a Cirrus owner’s view of the GA piston market”
Pat Waddick, Cirrus Aircraft’s president of innovation and operations recently said the company has more than 600 jet customers waiting for their airplanes to be delivered. This is great news for the General Aviation industry and American manufacturing. This sales number has been mentioned in aviation articles, but the discussion quickly moves on to another topic.
Cirrus jets are priced at about $2 million apiece which makes these sales a $1,200,000,000 book of business! Each customer has paid $100K upfront. That’s $60M in deposit payments! Has there ever been a light aircraft pre-sales book of business comparable to this in the history of GA?
Who are these Vision Jet customers? Why did they write that $100,000 deposit check years ago? What compelled a decision even before the jet was certified? Many of the position holders want to remain
anonymous. But we do know ~75% of them are Cirrus piston pilots. And, the book of business is global. About eighty of the 600 early position jets are scheduled for Latin America alone.
Most light aircraft manufacturers’ shipments are flat or seeing a slowdown. But not Cirrus. Innovation is winning sales and transforming GA. We need to see more of that. Not naysayers that complain the view isn’t changing. As in a dog-sled pull, they say the view only changes for the leader.
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If you’re a piston pilot like me, you may have not seen Cirrus Vision Jets for sale on Controller or Trade-A-Plane. I tend to just click on piston engine listings. But if you select “Jet Aircraft” you’ll now see Vision Jets. Cirrus has pre-sold 600 jet deliveries. As of this week, twenty (20) of those delivery positions are for sale on Controller.
Lone Mountain Aircraft and Aerista (formerly TAS Aircraft Sales) are market makers for pre-sold positions in Cirrus Vision SF50 Jets. Both companies are part of Cirrus Aircraft’s pre-owned sales network.
Mark Rodgers founded Lone Mountain Aircraft in 2008. I caught up with him this week to discuss sales of pre-owned Cirrus Vision SF50 Jet positions. Mark said, the resale prices are based on four components:
- Contract price
- Consumer Price Index (CPI)
- Aircraft options
Contract price: On Controller you’ll see 2018 jet positions listed for $1,390,000, which includes a $100,000 deposit. If an existing agreement is resold, the position holder would be refunded the deposit by the buyer. Initial contracts were signed with early position holders prior to the jet being certified. Some were signed ten years ago. Continue reading “What’s the price of a new Cirrus Vision SF50 Jet?”
For these comparisons, the 2016 Conklin and de Decker operating cost report for jets and turboprops was used. The Cirrus Vision SF50 Personal Jet has the lowest variable operating cost among any jet on the market ($595 per hour). And, here’s what some pilots are calling a competitor list of competing products:
Cirrus Vision SF50 Personal Jet and competitor operating costs
|Personal Jet||Per Hour|
|Cirrus Vision Jet||$595|
|Very Light Jet (VLJ)||Per Hour|
|One Aviation Eclipse 550||$741|
|Cessna Citation Mustang||$839|
|Embraer Phenom 100E||$926|
|Turbo Prop||Per Hour|
|Piper Medrian PA 46TP||$506|
|Beachcraft KingAir C90 GTx||$986|
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Copyright 2017 wikiWings LLC, All rights reserved
At $595.30 per hour, the Cirrus Vision SF50 Personal Jet has the lowest variable operating cost among any jet on the market. That expense number is from the 2016 Conklin and de Decker operating costs for jets and turboprops. For the second year, AOPA Pilot has offered the exclusive report to its members. You can view the full report on AOPA’s website.
At the Cirrus Austin Texas Get Together (CATGT) I spoke with Justin Dillion, a Cirrus Vision Jet pilot. He’s the Senior Regional Sales Director for the Western United States. Justin was familiar with the Conklin and de Decker operating cost report. But he said, true operating cost for the Cirrus Vision Jet is slightly higher at about $650 per hour. It’s still the lowest operating cost among any jet on the market.
At FL280, the Vision Jet burns about 65 gallons per hour and has a TAS above 300 knots.
Justin proceeded to tell me about the Cirrus Vision Jet concierge maintenance program. It’s complete coverage nose to tail. Even normal wear and tear items like tires and brakes are included. You choose the concierge package from 1 – 3 years. Then all you pay for is fuel. Yep, gotta have that – just gas and go. Contact your local Cirrus Sales Representative for details or keep in touch here. I may write about the Vision Jet concierge program in a future post. Continue reading “What’s the Cirrus Vision SF50 Jet operating cost?”
On May 6, 2017, the second Cirrus Austin Texas Get Together (CATGT) occurred at Austin Executive Airport (KEDC). People arrived by both car and plane. Once again, music lightened the air and aircraft were on display in the large Hendrix Jet Center hangar next to the FBO. Several new G6 and G5 SR22’s were there along with the new Cirrus Jet. Rudy’s catered a great barbecue food feast. More than 120 Cirrus enthusiasts came together for an evening of music, food, fellowship and learning.
It was another example of the “Cirrus Life.” A journey with memorable moments and people carried along in personal stories about flying. It’s also about how today’s general aviation is transforming life among business, family and friends.
The 2017 Cirrus Vision SF50 Personal Jet was front and center. It was my first time to see the jet in person. The ramp stature of the aircraft is impressive. It has a higher stance and larger presence than the Eclipse Jet. And, the “V” quad tail is a striking style statement. Inside is a first class interior with a state-of-the-art avionics flight deck – called Cirrus Perspective Touch™ by Garmin. Continue reading “We joined Cirrus Aircraft enthusiasts in Austin Texas – May 2017”