Orleans, MA – August, 2008 -- Conklin & de Decker recently announced the new release of their innovative LIFE CYCLE COST 2008 Volume II. The most comprehensive and easy to use Aircraft Budget and Financial analysis tool available, LIFE CYCLE COST is part of a family of aircraft operating and acquisition data products developed by Conklin & de Decker.
LIFE CYCLE COST provides extensive ownership and operating cost data for more than 300 jets, turboprops, helicopters and piston aircraft. Newly added aircraft in this edition include the Dassault Falcon 7X and 900LX, the new Beechcraft Premier II, Piper Cheyenne I, Mitsubishi MU-2F, Mitsubishi MU-2J, Mitsubishi MU-2N, Cirrus SRV, Cirrus SRV G2, Cirrus SRV G3, Cirrus SR20 G3, Cirrus SR22 G3 and Enstrom F-28F.
The LIFE CYCLE COST budgeting and financial analysis software puts all aspects of owning and operating an aircraft into one easy to use program. Aircraft acquisition costs, operating costs, taxes, the final residual value and even revenues, if it is in commercial operations, are all included in this updated tool. It will calculate budgets, after tax cash flows and Net Present Values for periods from 12 months to 20 years.
Users can quickly choose different methods of acquisition (lease, finance, purchase, shared & fractional ownership), and then select the type of operation (corporate, commercial or managed). There are also eight different tax-depreciation schedules, including a user-defined schedule to choose from. Based upon these user selections the spreadsheet populates with preloaded operating costs as researched by Conklin & de Decker. In addition, scheduled maintenance costs are preloaded to give the user the ability to see when and how much the maintenance costs will be. This preloaded data alone saves users numerous hours of research. The user can easily edit any of the pre-loaded costs and quickly analyze different acquisition and operating scenarios.
Running LIFE CYCLE COST requires a Windows PC or Mac with Microsoft Excel 97 or later. Databases 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.
Conklin & de Decker specializes in aviation research, consulting and education with offices in Orleans, Massachusetts, Arlington, Texas and Phoenix, Arizona. Founded in 1984, the company focuses on fixed- and rotary- wing aircraft operating cost, performance and specification databases and maintenance management software. Conklin & de Decker consults with numerous corporations, government agencies and aircraft operators worldwide on financial management, fleet planning, market research and aviation tax issues. In addition, Conklin & de Decker deliver valuable industry seminars regarding finance, cost, tax and management subjects. More information on their products and services, copies of published articles, and a unique “Members Only” section can be found on their website, www.conklindd.com.