21-Jan-2015 Source: Conklin & de Decker
Conklin & de Decker has released the latest version of LIFE CYCLE COST 2015 Volume I. The most innovative and comprehensive aircraft budget & financial analysis tool in the industry, LIFE CYCLE COST (LCC)from Conklin & de Decker,provides aircraft owners, operators, flight department managers, and aircraft consultants with independently researched ownership and operating cost data for more than 460 jets, turboprops, helicopters and piston aircraft.
“Life Cycle Cost is a powerful tool with extensive financial and budgeting capabilities that today’s aviation professionals will appreciate,” stated David Wyndham, President and co-owner of Conklin & de Decker. “It is imperative that your budgeting data is current and our detailed, pre-loaded data makes it easy to create a comprehensive budget for any aviation operation.”
The latest version of LIFE CYCLE COST includes updated fuel, maintenance, inspection (jets) and acquisition costs. In addition, Citation CJ3+, Challenger 650, Gulf stream G650ER business jets and the Bell 505 Jet Ranger X helicopter were added.
Output from the LCC program helps users by providing the operations department with 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. This enables 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.
LIFE CYCLE COST subscribers will also receive access to Conklin & de Decker’s Aircraft PediaTM, a unique on-line aircraft reference tool containing interior and exterior aircraft drawings, hi-resolution aircraft color images, histories, and general cost, performance, and engine information. Other free tools and information available online are Max Range at Long Range Cruise, Aircraft Alias and Engine Installation summaries, Aircraft Variable Cost, and the Aircraft CO2 Calculator. All this information can be accessed via any web-browser, including the iPad and other mobile devices.
LIFE CYCLE COST financial planning and budgeting software is part of a family of aircraft operating & acquisition products that Conklin & de Decker has provided for more than 30 years.
This industry tool places 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 aircraft is used in commercial operations) are all pre-loaded into this business aviation budgeting tool.
Database options include Jets, Turboprops, Helicopters, Pistons and the major US-based Fractional Ownership programs. Current prices for downloading the software are $825 for the jets database, $675 for the turboprop or helicopter database and $495 for the piston database. The Fractional database is free with the purchase of any other LIFE CYCLE COSTdatabase. A single aircraft version is also available for $300 per aircraft. Users can specify from one to five aircraft and pay for only those aircraft that they need.
NOTE: Running LIFE CYCLE COST requires a Windows PC with Microsoft Excel 97 or later. Mac users with Excel 2011 or Excel 2004 can run Life Cycle Cost.
About Conklin & de Decker
Conklin & de Decker has set the industry standard for 30 years as a leader in aviation research, consulting and education with offices in Massachusetts, Texas and 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 offers 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 can be found on their website, www.conklindd.com.