Wayne Cease

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About Wayne Cease

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    Advanced Member
  • Birthday January 9

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  • Model
    Baron 58 / SR22

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  1. A third, and I could afford that easily. Auburn is a big engineering school. Engineers top the list on starting salaries and percentage hired right after graduation.
  2. I was thinking the same. Heck, I sometimes buy 100+ gallons at one time in the Baron. Downturns in the fuel price must just kill them. I was talking with an FBO manager years ago, about their new 24 hr self-serve. He said they had to sell a bunch of 100LL at a loss to get a load of cheaper fuel to be competitive on price. Low sales volume left them with hundreds of gallons of fuel they paid more for than the local retail prices when the price of oil dropped significantly.
  3. Wayne Cease

    Its been a good run

    I'm always surprised how much speed the TKS wing loses. I flew a 2002 G1 with a clean wing and regularly flew 170 knots LOP at 12.5 gph.
  4. Wayne Cease

    Insurance woes

    What I've seen is it's the 5th that causes that. I've been in a couple of 4 person partnerships. All have been at low individual rates. We were told a 5th would make us a club and we'd have much higher commercial rates. Sent from my SM-G950U using Tapatalk
  5. Wayne Cease

    Empty Nest....Not Empty Hangar

    That's funny. Our dog is 17 years old. We never expected her to live this long. Once she dies we won't get another dog. We want to travel too much. Sent from my SM-G950U using Tapatalk
  6. Wayne Cease

    Empty Nest....Not Empty Hangar

    Our youngest just headed back on Monday; she's a junior this year. Jeez we couldn't wait. It was fun to have her here this summer, she was working as an intern, but rather disruptive to our schedule. Having a plane is great for part-time empty nesters. We can head off on weekend trips and not burn any vacation days. At airplane speeds we can go a long ways in a short time. Plus, not stuck on an airline schedule, if our departure afternoon frees up we can leave early. Enjoy your empty nester time. Sent from my SM-G950U using Tapatalk
  7. Wayne Cease

    Should I buy in?

    $249/hr wet for a SR22 and you're looking to buy? The lowest cost place to rent a SR22 in Atlanta has them at over $300/hr; 2003 & 2004 models. Is it not available enough or "rode hard and put up wet"? After the fixed costs and reserves it's hard to get below that rate for a SR22. You can get a little lower, but not a lot. Sure, your incremental cost is a lot lower, but annual fixed costs added in bring it up. And you can walk away at any time. You're looking at several thousand dollars in the two listed items, possible over $10k total, but that would be divided by 4, so that helps. What about the oil leak evidence mentioned in other posts? How much is someone that doesn't want to fly alone going to spend on upgrades (ADS-B, ....)? If $250/person covers your fixed costs you are in a great location for inexpensive hangars. May need to check on insurance if the 3 of you don't have much Mooney time. If you fly a lot or want to take longer trips a partnership can be great; daily minimums on a rental can be expensive. I was in a partnership (non-equity) on a SR22 with four people and I think we only had 2 real scheduling conflicts in 4.5 years. The rest were someone thinking about flying on a nice day only to find on the schedule that someone else had it on a trip; more "oh well, another day."
  8. Wayne Cease

    Retirement location

    Less? How could there be more? A typical morning here the humidity percentage is in the mid 90's. I run in the morning and my dri-fit shirts are dripping wet when I'm done. No way I'd wear cotton t-shirts for running in the summer, as they'd weigh too much by the end. Sent from my SM-G950U using Tapatalk
  9. Replace it and gain a bunch of useful load in the process. Sent from my SM-G950U using Tapatalk
  10. Wayne Cease

    ADS-B Out Compliant and then some!!!

    Those two pics are the same plane? Wow! Sent from my SM-G950U using Tapatalk
  11. Wayne Cease

    Allentown Approach Phone #

    Were they trying to keep you on the ground?
  12. Wayne Cease

    need help with Foreflight

    Or WingX. I have the whole country (VFR and low IFR) downloaded and my iPad shows 4.64 GB of storage associated with WingX. With FF you'll need more space (but I think the images are sharper) or don't download as many states. There are posts above with how to do that.
  13. Wayne Cease

    Got my renewal insurance quote today...

    We ran into the same issue with potential partners in a co-ownership we were trying to get set-up. There was a low limit in how much liability could be purchased and those of us with an instrument rating, 1,000+ hrs and financial assets wanted more coverage. We couldn't get a split policy, just all or nothing.
  14. Wayne Cease

    IPad in the flight levels?

    An iPad won't suffer from that as it doesn't have a hard drive. The storage is all solid state.
  15. Wayne Cease

    Financing an aircraft?

    My point is that many of these loans do not have any of those fees. Depending upon how much you need to borrow while you sell the current plane LightStream may be an option. They will loan you up to $100k for an airplane. Set it for the longest term and the payments are low, and just pay it off when you have the proceeds from the sale of the current plane.