What’s the number of pre-owned Cirrus airplanes for sale?

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 Independence Day!

The Washington Monument and Flags of the United States of America, Washington DC, photo credit wikiWings
The Washington Monument and Flags of the United States of America, Washington DC, photo credit wikiWings

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.

Wheels Up! 2017

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.

Cirrus Aircraft enthusiasts, Austin Texas 2016, photo credit wikiWings
Cirrus Aircraft enthusiasts, Austin Texas 2016, photo credit wikiWings

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”

How many airplanes has Cirrus Aircraft manufactured?

English: Cirrus SR20, 2012 Model, Brenham Municipal Airport, Texas (photo credit: WikiWings)
English: Cirrus SR20, 2012 Model, Brenham Municipal Airport, Texas (photo credit: WikiWings)

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?”

Here’s a Cirrus owner’s view of the GA piston market

2008 Cirrus Perspective SR22TN Turbo, photo credit wikiWings
2008 Cirrus Perspective SR22TN Turbo, photo credit wikiWings

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”

Cirrus Vision Jet has a 1-billion-dollar sales backlog!

Cirrus Vision SF50 Jet assembly fuselage, photo credit Wire magazine 2017
Cirrus Vision SF50 Jet assembly fuselage, photo credit Wire magazine 2017

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

Cirrus Vision SF50 Jet Exterior Engine, photo credit Wired magazine 2017
Cirrus Vision SF50 Jet Exterior Engine, photo credit Wired magazine 2017

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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Copyright 2017 wikiWings LLC, All rights reserved

What’s the price of a new Cirrus Vision SF50 Jet?

2017 Cirrus Aircraft Vision SF50 Personal Jet, photo credit wikiWings
2017 Cirrus Aircraft Vision SF50 Personal Jet, photo credit wikiWings

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:

  1. Contract price
  2. Consumer Price Index (CPI)
  3. Aircraft options
  4. Premium

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?”

What is the Cirrus Vision Jet’s competitor operating cost?

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
HondaJet HA420  $902
Embraer Phenom 100E  $926
Turbo Prop Per Hour
Piper Medrian PA 46TP  $506
TBM 900  $676
Beachcraft KingAir C90 GTx  $986

 

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Copyright 2017 wikiWings LLC, All rights reserved

What’s the Cirrus Vision SF50 Jet operating cost?

2017 Cirrus Vision SF50 Personal Jet, photo credit wikiWings
2017 Cirrus Vision SF50 Personal Jet, photo credit wikiWings

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?”

We joined Cirrus Aircraft enthusiasts in Austin Texas – May 2017

Cirrus Austin Texas Get Together May 2017, photo credit wikiWings
Cirrus Austin Texas Get Together May 2017, photo credit wikiWings

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”