B100

[KSUPILOT]

Ok here is my situation. I am current and qualified with an 8410 in the B100. I have enough time in the airplane, but our operator just put 500,000,000 in liability on the aircraft. Yes that is a half a billion dollars! Amazing! So there fore that just put me out of the left seat. I have 2500 ATP and 500 multi with 50 in type. Anyone know of anyone looking for contract B100 captains. Or in the Ohio Cleveland Akron area looking for B100 pilots?

Thanks

 

[350DRIVER]

The only operator in the Akron area with a B100 (that I am aware of) needs 3000TT and X amount of hours in make and model per the insurance company reqts. You may have a little trouble with only 50 in type. Try Castle, they have a Saab 340 that they recently aquired.

3 5 0

 

[KeroseneSnorter]

Half a billion!! I bet they still only want to pay 25K to the pilot too!

I can see the ad,

Wanted, fifty thousand hour pilot, willing to work weekends and holidays, other duties when not flying (Sweeping hanger, waxing cars) $800 a month to start!

 

[Hung Start]

Wow, thats absolutely amazing. I OWNED a B-100 strictly 135, had 12,000 hours and over 3,000 hours in that particular airplanes' left seat. Best I could get was hull of 1 mil and liability of 5 mil. AND that cost me $24,000 per year. How much can this guy charge and make money if he was able to get that amount of insurance. I did over 400 hours a year so that alone was $60.00 per hour just to insure the old girl.

 

[cvsfly]

I'd ask to see the policy. I don't think any one is touching a Part 135 7-9 seat Turbo-prop with that kind of liability. We had a 100 mil on a Part 135 1996 BE200 prior to 9/11. Only 2-3 companies covering that liability (we had USAIG). I still thought 100 mil was too much. The premimum was too much after 9/11 and we lowered to 50 mil. From what I have heard maybe only one company writing 100 mil and over now and the premimum for that will be over $50,000 for a King Air. We currently have Global 50 mil liab, 2 mil hull, total coverage, 2 pilot ops, FSI annual training (stated 60% Part 91 owners/40% Part 135 discreet charter with a prem around $43,000.

 

[joelo88]

yeah, i though that it was pretty much impossible to get that kind of ship insured for over $100 mil. I was involved in a situation with a B200 (part 135) with 100 mil coverage and the premium was over $70,000. Like cvsfly said, you might wanna look into what's going on at your company. $500,000,000 sounds strange to me post 9/11.

 

[RichardFitzwell]

Hey KSU,

You may want to check your numbers. I think you'll find that coverage at 20, not 500 mil. Good luck on your search.

R.F.