Commentary

December 2000 Issue

Letters 12/00

Personal Jet Feedback
I find your Aviation Consumer always interesting and informative.† I must share with you an observation concerning your recent article on the Eclipse and Safire projects. †

Color me skeptical, but if you use the estimated investment figures from your article of $300 million and the 1000 aircraft delivery schedule over four to six years in the interview with Vern Raburn (thatís four airplanes per week, average, over five years), the cost per aircraft of the interest (or return on capital)†is 12 percent.

Thatís pretty conservative, given the risk profile of the investment. This equates to a cost of $180,000 per aircraft.† Thatís nearly a quarter of t...

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