Hill Helicopters HX50
10.4 is very good, exactly the sort of thing you'd want to see. Not sure what you're trying to point out by printing it here. Section 9 is also standard stuff, saying customers can't demand their money back due to delays. If they could then the company would go bankrupt because delays always happen in aircraft development. Even Boeing and Airbus take much longer than they anticipate. And regulatory approval can take forever. Luckily, in the US, no approval is needed for experimentals aside from one person looking it over to make sure it's not obviously unairworthy, like a contraption someone put together in their garage. Not sure about the UK or EU though.
10.4 is very good, exactly the sort of thing you'd want to see. Not sure what you're trying to point out by printing it here. Section 9 is also standard stuff, saying customers can't demand their money back due to delays. If they could then the company would go bankrupt because delays always happen in aircraft development. Even Boeing and Airbus take much longer than they anticipate. And regulatory approval can take forever. Luckily, in the US, no approval is needed for experimentals aside from one person looking it over to make sure it's not obviously unairworthy, like a contraption someone put together in their garage. Not sure about the UK or EU though.
Good question, probably depends on what 10.3 says. But safe to say if the money has been spent, there's little chance that it will ever come back. Any depositor would come at the back of the queue of creditors. But really any depositor knows that. Better hope Dr Hill is wrapped in cotton wool until at least first flight.
There is no way he'd be in the helicopter for early test flights; neither was Frank Robinson. A lead engineer / CEO is not a test pilot. He'll use an actual experienced test pilot.
Err, not what I meant. He has nothing of value to a prospective buyer until his machine flies. Until then it's an ego trip and an engineer's dream.
Jason Hill has posted an "Economic Benefits Summary" on the planning portal.
http://publicaccess.staffsmoorlands....ageName=333638
extracts:
- Hill’s turnover will rise from Ł250m to Ł1.5bn between 2025-2032 with 97% of all aircraft
being purchased by overseas customers
- Hill will bring 500 ultra-high net worth clients to our global headquarters every year and
will stay in the area along with their families for two-week periods, offering a significant
boost to the hospitality sector
- Our visiting ultra-high net worth customers will spend a further Ł1.5m in-area with the hospitality
sector while they stay for two-week periods with their families**.
- Hill has agreed to provide an operating base, free of charge for the Stoke Air Ambulance,
providing critical care and emergency responder cover to the Staffordshire Moorlands
area.
- Some trepidation by residents and members is understandable in the short term*,
* I think the people who currently face the prospect of living next to a busy heliport might disagree with that!
** Will all 500 people really bring their families?
http://publicaccess.staffsmoorlands....ageName=333638
extracts:
- Hill’s turnover will rise from Ł250m to Ł1.5bn between 2025-2032 with 97% of all aircraft
being purchased by overseas customers
- Hill will bring 500 ultra-high net worth clients to our global headquarters every year and
will stay in the area along with their families for two-week periods, offering a significant
boost to the hospitality sector
- Our visiting ultra-high net worth customers will spend a further Ł1.5m in-area with the hospitality
sector while they stay for two-week periods with their families**.
- Hill has agreed to provide an operating base, free of charge for the Stoke Air Ambulance,
providing critical care and emergency responder cover to the Staffordshire Moorlands
area.
- Some trepidation by residents and members is understandable in the short term*,
* I think the people who currently face the prospect of living next to a busy heliport might disagree with that!
** Will all 500 people really bring their families?
Last edited by hargreaves99; 26th Jul 2023 at 14:17.
Stoke Air Ambulance
Jeesh. Just what the sector needs. More snouts in the AA trough. Don't suppose DRLAA will be happy.
Mind you, the ego that led that outfit has now departed. about time too
Mind you, the ego that led that outfit has now departed. about time too
And those people are going to buy a non proven, cheap, small, non-IFR certified, single engine helicopter??? 😂😂😂 I am pretty sure they will go for S-70, H160/175 or AW169/189… I think only the “wannabe” just made millionaire might go for a cheap, but good looking “show-off” vehicle..
It's ultra-high net BS.
The one's I know on the list are tighter than the proverbial ducks arse.
That might actually align with his estimates as it only equates to 214 squid per day per family, accommodation, travel and so forth.
The one's I know on the list are tighter than the proverbial ducks arse.
That might actually align with his estimates as it only equates to 214 squid per day per family, accommodation, travel and so forth.
That humble pie is looking safer by the day.....
I don't understand how he can say he is giving the "stoke air ambulance" a free helipad, when a) they don't exist yet, and b) this has not been part of the Hill planning permission. Just seems like something Hill have suddenly said to sway the planning decision.
I bet the local residents are fuming.
I bet the local residents are fuming.
I don't understand how he can say he is giving the "stoke air ambulance" a free helipad, when a) they don't exist yet, and b) this has not been part of the Hill planning permission. Just seems like something Hill have suddenly said to sway the planning decision.
I bet the local residents are fuming.
I bet the local residents are fuming.