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Sport Aviation and Jet Aircraft
Do you want a small business jet with lots of power? Wait, because we’re almost there. There are a lot of new little Biz Jets about to hit the market. So what’s been going on in Biz Jet’s marketing over the past 2 years? Oh not much, except Cessna now has a new little Biz Jet. This small model will mean aircraft wash businesses may have to adjust their prices a bit or just make a big profit as they can be washed in less than 30 minutes. Meanwhile, in Biz Jet markets, we are seeing a lot of changes.
The new Cessna Citation Mustang is already doing very well with orders and in case you think things are slowing down remember there are a lot of orders right now pretty much anyone is buying these tech them most recent. Lots of new choices from industry leaders and who is getting orders and who is buying now? Lots of talk in the industry, lots of money flowing. And also NASA decides they can’t get away from the idea of split cost planes to share their resources and save money, that’s a deal they can’t pass up because NASA that we know is purely commercial and monitors its costs these days;
Look at the new Eclipse 500 a small six-seater, 2300 pre-orders, wow. That’s a lot of squirts to wash. As airlines get hammered, there seems to be a whole new market, which has been stimulated. Eclipse’s backlog exceeds 2,000. With 1,357 prepaid orders without refund and 715 options; $65 million deposited. Indeed, this is also an interesting recent press release:
“Eclipse Aviation Corporation wanted everyone at the NBAA convention to know that the order backlog for its six-seat light jet aircraft totals 2,072 aircraft. With 1,357 firm orders and 715 options, the company has secured over $65,000,000 in non-refundable deposits, stating “Demand for the Eclipse 500 jet has been exceptionally strong, demonstrating the market creation and expansion made possible not only by the attractive purchase price, but more importantly by the low direct operating cost of this aircraft,” said Vern Raburn, President and CEO of Eclipse Aviation. To our knowledge, the Eclipse 500 [pre-delivery] the backlog is greater than that of any civilian jet in aviation history. “Non-refundable deposits secure all Eclipse 500 jet orders. Each order includes payment schedules that increase the amount of the customer’s total deposit as the aircraft reaches certification and delivery milestones”
It’s far man. The backlog includes deposits from individual customers for the purchase of 530 own aircraft. Can you believe how successful this company has been. First deliveries to customers are scheduled for January 2004. To date, approximately the first two and a half years of production aircraft have been sold. An order placed today will be granted a delivery position in mid-2006. Aircraft delivery commitments to fleet customers extend through 2008. You know these are very sexy little planes you’d love to own.
The Eclipse 500 is a six-person jet that sells for $837,500 (in June 2000 dollars). At this price, it costs about a quarter of today’s small jet aircraft. The Eclipse 500 flies at 355 knots, and the company says it will travel 1,300 nautical miles (about the distance between Boston and Miami) at a cost of about 56 cents per mile to operate. This operating cost is zero given the excellent performance. Production rates are a bit of a problem, I would say with all these orders they will surely be very busy for a while.
Eclipse Aviation expects to deliver approximately 140 aircraft in 2004, 500 aircraft in 2005 and 900 aircraft in 2006. At full production, which the company expects to achieve in 2007, Eclipse will be able to manufacture approximately 1,500 aircraft per year. . Very cool, of course, we are also interested in a mini version composite plane for sports and desert bombing simulations? The little Viper Jet is what we really like.
It’s the hot ticket and it certainly beats motorcycle or jet boat racing. Can you say SEE YA!!!! Yes we can in seven languages. Later.
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