Orleans, MA – January 2011 -- Conklin & de Decker announced the latest release of their innovative LIFE CYCLE COST 2011 Volume I. The most comprehensive aircraft budget and financial analysis tool available, LIFE CYCLE COST from Conklin & de Decker, provides aircraft owners, operators, flight department managers, and aircraft consultants with extensive ownership and operating cost data for more than 380 jets, turboprops, helicopters and piston aircraft.
The LIFE CYCLE COST budgeting software is part of a family of aircraft operating & acquisition products developed by Conklin & de Decker that puts all cost aspects of owning and operating an aircraft into one easy-to-use program. Aircraft acquisition costs, operating costs, taxes, final residual values and revenues, if the user’s aircraft is used in commercial operations, are all included in this business aviation budgeting tool.
The latest update for this valuable tool includes new features that will enhance and make the budgeting process more complete. The new features include:
• New 100% Bonus Depreciation tax calculation
• Updated fuel surcharges that make Charter projections more accurate.
• 12 Additional Aircraft added to database –
Jets: Embraer Phenom 100, Embraer Phenom 300, Nextant 400XT.
Turboprops: Blackhawk King Air B200 XP61 & C90 XP135A, King Air 350ER, Viking Air DHC 6-400.
Piston: Cirrus SR22T GTS, Diamond DA 42NG, Piper Malibu Matrix. Helicopters: Scott’s Bell 47-G3, Sikorsky S-76D.
In addition, fuel and maintenance costs, as well as, aircraft acquisition prices have all been updated. Other features of LIFE CYCLE COST include the ability to:
• Edit the maintenance costs, or add your own data.
• Choose a guaranteed maintenance program, or “pay as you go.”
• Name your own “Other” cost per hour and “Other” cost per year categories.
• Show managed aircraft with or without supplemental charter.
• Compare New versus Used with only a few clicks.
• Prepare cash flows a CFO will love!
Live demonstrations of the latest Life Cycle Cost program will be available at the Heli-Expo convention in Orlando, Florida, March 5-8, 2011 at booth #920.
Output from the program can help the user in a variety of ways. The operations department will benefit from a 12-month budget analysis; or up-to a 20-year cost projection for variable and fixed costs. The program calculates the Net Present Value (NPV) and after-tax cash flow for a corporate or commercial program which will enable the finance department to quickly compare the net present value of different acquisition or disposition methods for multiple aircraft, while also learning more about the factors (betterment/detriment) that affect an aircraft’s value.
Running LIFE CYCLE COST requires a Windows PC with Microsoft Excel 97 or later. Mac users will experience limited program functionality with the Mac version of Excel. Database options include Jets, Turboprops, Helicopters, Pistons and the major US-based Fractional Ownership programs. Prices for the software (delivered in the US/Canada) are $695 for the jets database, $550 for the turboprop or helicopter database and $450 for the piston database. The Fractional database is free with the purchase of any other Life Cycle Cost database. A single aircraft version is also available. Users can specify from one to five aircraft and pay for only those aircraft that they need. Pricing is $225 for the first aircraft, with a 20% discount when ordering more than one aircraft.
About Conklin & de Decker
Conklin & de Decker, celebrating over 25 years in business, is a leader in aviation research, consulting and education with offices in Orleans, Massachusetts, Arlington, Texas and Phoenix, Arizona. The company, founded in 1984, focuses on fixed- and rotary-wing aircraft operating cost, performance and specification databases, maintenance management software, financial management, fleet planning, market research, aviation tax issues, and financial, tax and management seminars. Conklin & de Decker consult with numerous individuals, corporations and government agencies worldwide. More information on their products and services and copies of articles published section can be found on their website, www.conklindd.com.