Legacy Bashfest - Bring it on!

[Dumbledore]

Embraer = "Whistling Sh!tcan of Death" After 2000 hours in that tub my ears are still ringing...

Hilarious!

Falcon's are for sure the best deal going.

Gotta diagree there! There's as much power in just ONE RR Spey or TAY as there is in ALL THREE TFEs on a DA50/900. Sure three engines are nice but three engines with a widely known reputation for failure isn't necessarily the best trade off. I'll take a Rolls any day of the week!

We have a GIV also and it's never given us any problems. Imagine how much better an airplane performance-wise they'd be if they would put some slats on those things. Think i'll work out an STC for that and make millions. I'd bet those numbers would be impressive.

The G-V is already impressive. I think you've been given the numbers here already but I'll just add that the wing on the G-V is, in a word, astonishing. In simple terms, it achieves, without leading edge devices, what everyone else has had to add complexity and expensive engineering to make the wing more active to do - not to mention more places for your hydraulic fluid to find its way to freedom.

 

[LegacyDriver]

My PDA is not refreshing web pages until after I post a new reply. Very odd. Apologies for apparent abrupt shifts in the coversation to all.

...if you add in the fact that the Gulfstreams are actually worth something on the used market - it may actually be cheaper to fly the Gulfstream then the Brazilian pig.
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Ah, but resale value is not that important in this case. Using a G-IV as an example (with a V the Legacy looks even better I think)...

Time value of money baby. Just rounding in my head here and I admit the model is over simplified...but...go with me here for a moment.

Your 35 million dollar Peachjet will resell for say, 75 percent of its value (if you buy a new one) to the dealer. Even if my 21 million dollar EBJ is worth ZERO I am going to come out fairly even.

I am paying financing on a smaller principle (read lower interest!) and the money I saved (14 million) is earning money. (Let's just assume 7 percent a year for grins - I just brought in13.54 million over ten years for my money).

So: GIV total outlay 35.
Resale of 35 * .75 is 26.25 m

EMB outlay 21m - 21m depreciation is zero.
13 m compounded 7 percent over 10 years equals 27.54 million.

Legacy wins by nearly 1.3 million not factoring interest expense and DOC. Point being is resale value doesn't necessarily matter that much because my plane is so much more affordable. My money and my plane are working for me at 35 million.

 

[westwind driver]

mmmdonut, check the numbers. The Legacy needs over 5500' to go 3200 nm at Mach .74. The G450 needs 5450' to go 4350 nm at M.80. The G350 needs 5050' to go 3800 nm at M. 80.


See what everyone is talking about? Legacy can't even come close.

Lets see here... M.74 vs. M.80

420 KTAS vs. 450 KTAS In still air, assuming the Legacy only goes 3200nm, thats 7 hous and 37 minutes.
For the Gulfstreams, thats 7 hours.

For the price difference, I can afford to arrive 40 minutes behine a Gulfstream. Yea, Mr. Gulfstream might get there sooner, but he needs that extra time to make it to more business meetings so he can make more money to pay for his G-string.

Personally, disregarding book numbers, facts and figures, I like the legacy. I too think it's a good airplane. I have friends who fly the ERJs for American Eagle and they don't have a single serious complaint. One of them has flown the legacy and feels overall, its a good package.

My $0.02

 

[Silver Wings]

Personally, ....... I like the Legacy. I too think it's a good airplane.
My $0.02

Another martyr to the cause.

You do realise these guys will burn you at the stake as a heretic ! You are clearly not reading from the good book....(known to the annointed as the gospel according to Bryan..... that's Moss to you !).

Mind you it's all a step up from a Westwind eh! (That's a joke.....OK...no hard feelings

As the whole point of the Legacy is a money thing anyway. (Value for money)
So there really isn't any point debating with pilots....since when did a pilot have any idea about money eh ! Hell, anybody with any sense about money would be doing something else.

sizzle !

 

[capt_zman]

"Personally, disregarding book numbers, facts and figures, I like the legacy." Yeah, let's disregard all the facts, numbers and figures, they don't really mean anything. This is truly a pathetic argument.

As for your resale example, again, simply retarded.




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[Valkyrie]

Just to bring some fact: the Rio-Sul landing accident in december 1998 occured while the aircraft touched down at a velocity four times faster than the maximum it was designed for.

Imagine any aircraft landing with a sink rate of about 2500ft/min...

 

[prpjt]

.
By your admission you are making a case in simplified terms. This simply cannot be done when discussing a corporate jet aquisition. Taxes and depreciation schedules are strong players in this arena.

Most companies that are in the 20 - 40 million dollar jet game are not buying a jet to save money. They are trying to offset mind boggling net profits.

 

[LegacyDriver]

Just to bring some fact: the Rio-Sul landing accident in december 1998 occured while the aircraft touched down at a velocity four times faster than the maximum it was designed for.

Imagine any aircraft landing with a sink rate of about 2500ft/min...

And still taxiing off the runway under its own power with no serious injuries...

 

[NJAFracPilot]

Personally, disregarding book numbers, facts and figures, I like the legacy. I too think it's a good airplane. I have friends who fly the ERJs for American Eagle and they don't have a single serious complaint. One of them has flown the legacy and feels overall, its a good package.

My $0.02

Yeah, right, disregarding all the facts, you like the Legacy. And you're what, basing this on your vast aviation experience? Have you noticed that all the experienced pilots on the board don't want anything to do with the "Whistling $hitcan of Death"?

Guys like Silverwings, who has to have something to do with Legacy sales, are trying to screw you by filling the industry with flakey airplanes that you don't have to pay pilots squat to fly.

Aren't you the rookie that's asking the dumb questions about pilot flying incapacitation on another thread? Maybe you ought to just listen on this one.

 

[SkyGirl]

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Ah, but resale value is not that important in this case. Using a G-IV as an example (with a V the Legacy looks even better I think)...

Time value of money baby. Just rounding in my head here and I admit the model is over simplified...but...go with me here for a moment.

Your 35 million dollar Peachjet will resell for say, 75 percent of its value (if you buy a new one) to the dealer. Even if my 21 million dollar EBJ is worth ZERO I am going to come out fairly even.

I am paying financing on a smaller principle (read lower interest!) and the money I saved (14 million) is earning money. (Let's just assume 7 percent a year for grins - I just brought in13.54 million over ten years for my money).

So: GIV total outlay 35.
Resale of 35 * .75 is 26.25 m

EMB outlay 21m - 21m depreciation is zero.
13 m compounded 7 percent over 10 years equals 27.54 million.

Legacy wins by nearly 1.3 million not factoring interest expense and DOC. Point being is resale value doesn't necessarily matter that much because my plane is so much more affordable. My money and my plane are working for me at 35 million.

Uh-Oh! PC kid got a new Texas Instruments Business Analyst calculator, but he doesn't know how to use it.

Apparently, or how to read either. Looking at GV's post the most expensive GIV he listed cost less than $32 million and it doesn't take a math whiz to figure out they all sold for between 85 and 90 percent of what they cost new.

Common sense should be a player here, too. A Chevy Aveo would be less expensive to own and operate than a Bentley, but the quality of the experience, or the lack thereof, matters too.

I occasionally get to travel from Andrews Air Force Base. It's clear that our nation's military picked Gulfstreams and Boeings to insure the safety and security of the country's leaders. They must be a good deal because we all know the goverment always goes with the lowest bidder.

-SkyGirl-