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Search: Posts Made By: Marcus550
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16th Jan 2012, 20:03
Replies: 21
Views: 4,333
Posted By Marcus550

Oops

Talked to my accountant. We don't spend nearly that much.
16th Jan 2012, 00:53
Replies: 21
Views: 4,333
Posted By Marcus550

Bizjet Costs

We spend about $4.1m annually operating, maintaining, insuring, hangaring and staffing our Gulfstream. Based on about 500 hours of operation.
2nd Jan 2012, 21:25
Replies: 16
Views: 4,383
Posted By Marcus550

I believe I can show a photo of N370V. Maybe. The...

I believe I can show a photo of N370V. Maybe. The accident had to do with an out-of-limits CG, if I understand this correctly. Let's see:
...
2nd Jan 2012, 21:21
Replies: 169
Views: 36,004
Posted By Marcus550

Forgive me for intruding, but the MTOW of our...

Forgive me for intruding, but the MTOW of our G550 is (I think) 41,300 kg. Thus, at 7.55 euros per kg it would cost me 311,815 Euros should I have the misfortune to spend more than 48 hours in Italy?...
18th Nov 2011, 15:02
Replies: 52
Views: 10,687
Posted By Marcus550

@Cerro

I certainly didn't mean to imply that you are wrong, we simply differ in this one area. My perspective as an aircraft owner may well be quite different than yours, as a pilot.

We wanted the best...
18th Nov 2011, 10:41
Replies: 52
Views: 10,687
Posted By Marcus550

@Cecco

We operate a G550, the experience requirements we used in seeking candidates were recommended by a consulting firm, and in fact both of our initial hires, captain and f/o exceeded those numbers...
17th Nov 2011, 20:17
Replies: 52
Views: 10,687
Posted By Marcus550

Our requirements for F/O were 2500 hours total...

Our requirements for F/O were 2500 hours total 1000 turbine, 50 in type and PIC type rating. Captain (I think) was 4000 hours total, 1000 jet, 500 in type. We don't expect to hire again for a very,...
14th Nov 2011, 16:57
Replies: 191
Views: 182,130
Posted By Marcus550

Our Captain's initial interview was conducted for...

Our Captain's initial interview was conducted for us by a Flight Safety instructor. He asked the guy, "Okay, you're on about a one mile final to 30L at Minneapolis, runway in sight, airplane's...
13th Nov 2011, 18:13
Replies: 10
Views: 3,010
Posted By Marcus550

I watched two hours of a sim session when we were...

I watched two hours of a sim session when we were evaluating them, and I guess I've occupied the jump seat a total of four times, at their invitation. Unless they're doing a Jekyll and Hyde number...
13th Nov 2011, 17:19
Replies: 10
Views: 3,010
Posted By Marcus550

I realized almost immediately that my crew would...

I realized almost immediately that my crew would have a very difficult time saying no to me if I were to ask for the privilege of riding the jump seat, so I never, ever ask. If they invite me, I...
13th Nov 2011, 01:43
Replies: 10
Views: 3,010
Posted By Marcus550

Jump Seat/Observer Seat

Does your aircraft have a jumpseat, and if so, do you ever invite the owner to ride in the jumpseat? A couple of days ago, I had the privilege of riding the jump seat from cruise all the way to the...
25th Oct 2011, 18:33
Replies: 32
Views: 4,932
Posted By Marcus550

KAG, my initial reaction to your post was that it...

KAG, my initial reaction to your post was that it provided an opportunity to educate, and my second reaction was: why bother?

If you believe that some nebulous, ill-defined "imbalance" is what...
23rd Oct 2011, 15:22
Replies: 32
Views: 4,932
Posted By Marcus550

I wasn't particularly concerned, but thanks for...

I wasn't particularly concerned, but thanks for your kind words. Perhaps I'm a bit different than other "millionaires" in that a bit more than 20 years ago, I was broke. And unemployed. My wife and I...
20th Oct 2011, 20:38
Replies: 32
Views: 4,932
Posted By Marcus550

The most difficult, uncomfortable part of...

The most difficult, uncomfortable part of purchasing the Gulfstream was the process of selecting our pilots. Without going into gory detail, I can tell you that a number of otherwise well qualified...
20th Oct 2011, 16:57
Replies: 32
Views: 4,932
Posted By Marcus550

May I intrude for a moment? I'm certainly not a...

May I intrude for a moment? I'm certainly not a billionaire, nor do I have any particular desire to become one. My financial situation is such that ownership and operation of a G550 is not a...
5th Oct 2011, 19:09
Replies: 19
Views: 3,743
Posted By Marcus550

Actually I've only received 6 CVs so far. That...

Actually I've only received 6 CVs so far. That having been said, it is my goal to keep our pilots contented, happy and well rested for the next twenty years or so. I don't ever want to go pilot...
5th Oct 2011, 14:39
Replies: 19
Views: 3,743
Posted By Marcus550

Thanks for the chuckle. I stretched a bit for...

Thanks for the chuckle. I stretched a bit for that metaphor and got bitten as a result.
4th Oct 2011, 22:35
Replies: 19
Views: 3,743
Posted By Marcus550

I posted publicly for two reasons: 1. To...

I posted publicly for two reasons:

1. To salute military aviators as a group
2. And to thank my crew, one of whom reads this forum.

Prior to hiring our crew I had had very limited contact with...
4th Oct 2011, 18:56
Replies: 19
Views: 3,743
Posted By Marcus550

On May 1st of this year we gave them both an 11%...

On May 1st of this year we gave them both an 11% raise. There'll be another on January 1st, 2012. I've no desire whatsoever to lose these guys.
4th Oct 2011, 17:30
Replies: 19
Views: 3,743
Posted By Marcus550

A Small Salute

I think this may be the appropriate place to salute the two gentleman who fly my Gulfstream G550. Both were USAF pilots shortly before we hired them, both had flown the VC-37 and in addition to the...
14th Sep 2011, 01:15
Replies: 10
Views: 1,665
Posted By Marcus550

Ah....now I know what it is. The proposal is to...

Ah....now I know what it is. The proposal is to REMOVE a tax break for corporate owners of business jets. It seeks to eliminate "accelerated depreciation" which allows the corporate owner to write...
13th Sep 2011, 13:38
Replies: 10
Views: 1,665
Posted By Marcus550

Haven't heard this, don't much care. Whatever it...

Haven't heard this, don't much care. Whatever it is, I'll pay it and continue to fly. Do find the "fat cats" characterization a bit annoying though.
1st Sep 2011, 00:07
Replies: 10
Views: 5,173
Posted By Marcus550

Great circle distance from LAX to LHR is 4748 nm...

Great circle distance from LAX to LHR is 4748 nm according to our pilots. So the answer is probably no, unless you have a dandy tailwind. We operate a G550, and the trip wouldn't even require full...
26th Aug 2011, 20:07
Replies: 10
Views: 2,767
Posted By Marcus550

When we hired our pilots we sat down with our...

When we hired our pilots we sat down with our attorneys and developed an employment agreement that binds US, not them to specific performance of the things we offered them when we offered the job....
22nd Aug 2011, 09:29
Replies: 10
Views: 2,767
Posted By Marcus550

Thanks for the kind words. Whether on a personal...

Thanks for the kind words. Whether on a personal level, or as a corporation, treating your flight crew well only makes sense. Do I want to be flung through the sky in an aluminum tube flow by people...
22nd Aug 2011, 01:13
Replies: 10
Views: 2,767
Posted By Marcus550

Unhappy Well as the happy owner of a G550, I can offer...

Well as the happy owner of a G550, I can offer some suggestions to you:

1. Is the aircraft to be flown a corporate operation? Or as in our case the private transportation of a family?

2. If it...
15th Aug 2011, 14:08
Replies: 28
Views: 4,383
Posted By Marcus550

Interesting responses. When I responded my...

Interesting responses. When I responded my remarks were rather "off-the-cuff" and came across rather harsher than I intended. I will take this opportunity to make a more measured, and thoughtful...
14th Aug 2011, 21:31
Replies: 28
Views: 4,383
Posted By Marcus550

No, actually we would not. If we were to hire...

No, actually we would not. If we were to hire again for our G550 we would be looking for ex-military with experience in the aircraft, and recency of experience within 90 days. Were we to consider a...
13th Aug 2011, 15:06
Replies: 4
Views: 2,679
Posted By Marcus550

2010 Gulfstream G550 - 503 hours so far. Nothing....

2010 Gulfstream G550 - 503 hours so far. Nothing. No problems. None. Zero.
12th Aug 2011, 15:40
Replies: 44
Views: 22,338
Posted By Marcus550

Good point Lady Grey. I am sure that for many...

Good point Lady Grey. I am sure that for many people the GLEX or the Falcon is the optimal solution for their needs. For us, the G550 was the perfect fit for what our family sought in transportation....
11th Aug 2011, 22:21
Replies: 44
Views: 22,338
Posted By Marcus550

With reference to the Falcons: a Falcon pilot I...

With reference to the Falcons: a Falcon pilot I met asked me if I knew why the Falcons had three engines. I replied, "No, not really."

His answer: "Because they couldn't find room for a fourth...
10th Aug 2011, 20:22
Replies: 44
Views: 22,338
Posted By Marcus550

Well to begin with, the sales force/demo people...

Well to begin with, the sales force/demo people seem to begin with the assumption that they would lose out to Gulfstream without knowing whether we even intended to comparison shop. That, in and of...
10th Aug 2011, 15:36
Replies: 44
Views: 22,338
Posted By Marcus550

Interesting thread. I'm an aircraft owner, not a...

Interesting thread. I'm an aircraft owner, not a pilot, we are currently operating a G550 and have a delivery position for a 650. At the urging of serveral friends we looked closely at the Global...
25th Jul 2011, 01:34
Replies: 39
Views: 11,717
Posted By Marcus550

While reading this most interesting thread, I do...

While reading this most interesting thread, I do admit I've grown fonder of our airplane and its enormous range. I am a former pilot (grounded 21 years ago) and now an aircraft owner. I found this...
Showing results 1 to 34 of 34


 
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