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Southwest Flying Club Long Range Planning Committee October 17, 2009.

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Presentation on theme: "Southwest Flying Club Long Range Planning Committee October 17, 2009."— Presentation transcript:

1 Southwest Flying Club Long Range Planning Committee October 17, 2009

2 Introduction Peter Perez 2

3 3 Long Range Planning Committee Charter Evaluate and recommend number and type of aircraft club should own and operate Consider such things as member to aircraft ratio, club purpose, current and future club composition, insurance implications, etc. Evaluate and recommend equipment club aircraft should have Consider such things as club purpose, current and future club composition, insurance implications, etc. Evaluate and recommend order in which existing aircraft should be replaced or liquidated Club resolution present a plan

4 4 Team Members Randy Coulson Chad Degges Jim Earley Stephen Havemann Ralph Coselli – Officer Advisor Meetings started May 5, 2009 with final meeting October 6, 2009

5 5 Outline & Agenda What type of club now What type of club in the future Minimum equipment requirements Type of aircraft in the club Potential Models evaluated for club ownership Financing Recommendation

6 What are we now & future Stephen Havemann 6

7 7 What type of club now Who are we Club purpose is to provide an opportunity for safe, affordable flying Ratio of Active Members to aircraft – 15/1 Average age of membership – 54.4 How much do we fly Over the last 10 years the members have averaged 23.9 hours/year per member. Over the last 10 years C-172 has flown an average of hours/year C-182 has flown an average of hours/year C-R182 has flown an average of hours/year Fix cost covered via monthly dues

8 8 What type of club now - continued What We Fly C172C182C182R 160 hp230 hp235 hp Fixed gear Retractable gear Fixed pitchConstant speed Four place DAY NIGHT VFR IFR certified, IFR Certified GPS, Nav Comm, Mode C Xpndr, DME, ADF Two axis auto pilot Insurable for student, recreational, private, commercial & ATP $4,367 Insurable for student, recreational, private, commercial & ATP $7,528 Insurable for student, recreational, private, commercial & ATP with currency requirement $8, Airframe hours Engine smoh Airframe hours Engine smoh Airframe hours Engine smoh AOPA est value $36,600AOPA est value $63,400AOPA est value $61,300

9 9 What type of club in the future Who we will be Provide an opportunity for safe, affordable flying Ratio of Active Members to aircraft – 15/1 Younger members being attracted Retaining veteran flyers What members will expect Fly on average 25 hour/year/member Technologically advance aircraft … Glass panel, GPS, Auto Pilot Well maintained safe planes Sharing & growth through club activities Fixed cost covered via monthly dues

10 10 Type of aircraft in the club To maintain variety of aircraft: Trainer/time builder Cross Country Cross Country (Complex ?)

11 11 Minimum equipment requirements Aircraft Type Trainer/Time BuilderCross CountryComplex EquipmentAcceptExpectRequiredAcceptExpectRequiredAcceptExpectRequired Low time X X X Advanced Auto PilotX X X Model X X X GPS X X X Second GPS/Nav Com X X X WAAS X X X Terrain X X X Weather X X X MFD (Multi Function Display) X X X PFD (Primary Flight Display) X X X VFR Day X X X VFR Night X X X IFR Day X X X IFR Night X X X 2 placeX 4 place X X 6 place X X RetractN/A X X Straight Leg XX N/A No DamageX X X Mode C Transponder X X X Mode S Transponder X X X Electric TrimX X X Storm scopeX X X Electronic ChecklistX X X Backup Altitude Gyro, Altimeter & Airspeed X X X ELT - new 406 MHZ? X X X Heated Pitot X X X Alternate Static Source X X X Second WAAS X X X Second TerrainX X X Second WeatherX X X Second Radio X X X Traffic AlertX X X Auto TrimX X X Altitude Pre-selectX X X TurboNA/ X X Accept = Will buy the aircraft if the equipment is present. Is not required for a purchase decision Expect = If the equipment is not in the aircraft, the budget for purchase should include the cost to add the equipment. The timeframe to add the equipment will be determined at the time of purchase. Required = would not purchase the aircraft without this equipment.

12 Evaluation Randy Coulson 12

13 13 Models evaluated Diamond DA-20 DA-40 Cessna C172S C182T C182T – Turbo C182RG Cirrus SR20 SR22 SR22 Turbo Beach A36 Piper Warrior Archer Arrow

14 14 Models evaluated Feature DiamondCessnaCirrus Beech Piper DA-20DA-40C-172SC-182TTurbo C-182TC-182RGSR20SR22 SR22 Turbo A-36WarriorArcherArrow Horsepower Seats Gross Take Off Weight Gross Landing Weight Usable Fuel Capacity 2440/ Useful Load V a - Maneuvering speed V no - Max structural crusing speed V ne - Do not Excee V so - Stall speed in landing configuration Forward CG Aft CG CG Range "Cruise Speed" Fuel Consumption At Cruise Wing Span363936' 1" ft

15 15 Models evaluated - continued Feature DiamondCessnaCirrusBeechPiper DA-20DA-40C-172SC-182TTurbo C-182TC-182RGSR20SR22 SR22 Turbo A-36Warrior Arch er Arr ow SteeringCastering NWS TBO Engine TCM IO B3B IO M1A IO-360- L2A IO-540- AB1A5 IO-540-AK1AO-540-J3C5DIO-360-ES IO-550- ES IO-550B O- 320D3G O- 360 C1C6 OH Engine Cost Cabin Dimensions 39x39 x x48x x48.5x x50x x50x1 51 Endurance Take off roll (at sea level) Take off over 50 ft object Landing ground roll Landing ground roll over 50 ft object Climb rate Construction material Composite comp osite Aluminum Composit e 1200 Aluminu m

16 16 Models evaluated – typical cost Feature DiamondCessnaCirrusBeechPiper DA-20DA-40C-172SC-182T Turbo C-182T C-182RGSR20SR22 Turbo A-36WarriorArcherArrow Typical Cost w /variables below $140,000$190,000$147,000$224,900$244,000$119,000$190,000$249,000$325,000$219,000 $155,000$182,000 Year $1, total Time SNEW SMOH Radio Garmin 530 G1000 G430 Duel GNS 430 Dual GNS 430 Dual 430 Bendix KY 196A GNS430 (2) GNS430 (2) GPS Garmin 530 G1000 G430GNS 430 Apollo 60 IFR GNS430 (2) GNS430 (2) AutoPilot STEC 30Kap 140KAP 140 Cessna 400 STEC 55XSTEC55STEC 55XSTEC 55 STec55X Misc Garmin, Mode S GTX33 Mode S, Terrain, 8 XM Radio, TIS 3 blade prop, Mode S, TIS, SAT Weather Oxygen Sys, Sat Weather Mode S 3 blade prop, Vortex Gens, skywatch Storm scope 327 Xpndr 2003 Interior Misc Trade for older 172, or 182 $1,484 / mo, 6.75% w/20% Down XM Satellite Skywatc Gear Up in 1995 Parachute

17 17 Findings on Aircraft Composite Difficult to find maintenance data Training Glass panel will require additional training to ensure proficiency Insurance Newer aircraft will cost more to insure primarily due to higher hull value

18

19 19 Final Manufacturers Evaluated Diamond Good performance with lower fuel consumption. Excellent safety record. “Hanger Rash” is a concern with composite construction. Fewer authorized service repair centers. Light wing loading, Lower Vno Cessna Average performance with higher fuel consumption. Models within price range Aluminum construction – Maintenance cost are predictable. Good useful loads. 182R not currently manufactured – low time mid 1980’s could be upgraded to club specs Cirrus “Hanger Rash” is a concern with composite construction. Minor and major repairs have stringent environmental requirements. Cirrus Certified Instructor would be required for initial training. Pilots with less than 300 hours would likely be difficult to insure. Expect recurrent training to be an ongoing expense to members. Beech Eliminated due to costs. Piper Eliminated due to costs, performance, and low availability.

20 Financing & Recommendations Chad Degges 20

21 21 Financing – Three Options Option 1 – Fund purchase through dues only Option 2 – Fund purchase with a $100/aircraft increase in deposit and dues Option 3 – Fund purchase with a $500/aircraft increase in deposit and dues

22 22 Financing – Change in Deposit Current Deposit 1 st Aircraft nd Aircraft rd Aircraft 2020 Deposit Increase Total Deposit Option 1 – Dues Only $2,000$0 $2,000 Option 2 - $100 deposit increase $2,000$100 $300$2.300 Option 3 - $500 deposit increase $2,000$500 $1,500$3,500

23 23 Financing – Change in Dues 1 st Aircraft nd Aircraft rd Aircraft 2020 Option 1 – Dues Only $29.52$67.18$96.71 Option 2 - $100 deposit increase $28.38$65.00$93.56 Option 3 - $500 deposit increase $23.84$56.26$80.97

24 24 Financing – Total Dues after Purchase 1 st Aircraft nd Aircraft rd Aircraft 2020 Option 1 – Dues Only $134.52$172.18$ Option 2 - $100 deposit increase $133.38$170.00$ Option 3 - $500 deposit increase $128.84$161.26$185.97

25 25 Financing - Thoughts Option 1 Pay as you go Lowest buy in for new members Option 2 Slightly lower monthly dues Lowers club debt burden Returns deposit if member resigns and is replaced Option 3 Even lower monthly dues Lowers club debt burden Returns more deposit if member resigns and is replaced Aircraft purchase finance options should be reviewed prior to next purchase in 2015

26 Recommended Aircraft Manufacturer – Cessna Cessna Aircraft meet mission and performance criteria required by the club. Late model Cessna’s are fuel injected with G1000 and the latest available technology which will bring new members and younger pilots while retaining veteran pilots. Repair of Cessna aircraft is known, predictable, and readily available. Large fleet of used Cessna Aircraft available Club transition to G1000 Cessna’s offers an advantage over a manufacturer change. Composite aircraft repairs – fewer repair centers, costs are variable and less predictable. Insurance requirements on Cessna aircraft are known Many late model available for purchase within the club budget.

27 27 Recommendation Only applies to first aircraft purchase and needs to be reconfirmed prior to second aircraft purchase Fleet should contain 3 aircraft Trainer/time builder – Cessna 172 Cross Country – Cessna 182 Cross Country – Cessna 182 RG or Turbo Place current 182R & 182 for sale First to sell is replaced Replace with 182 Turbo/G1000/WAAS/AP Finance via: Raising dues Increasing deposit $500

28 28 Summary What type of club now What type of club in the future Minimum equipment requirements Type of aircraft in the club Potential Models evaluated for club ownership Financing Recommendation

29 29 Next Steps Discuss Approve Recommendations Form Committee to execute recommendations

30 30 Questions ?


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