13-Aug-2015 Source: Conklin & de Decker
Conklin & de Decker has released the latest version of LIFE CYCLE COST 2015Release 15.2The 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 the most powerful aircraft budgeting and financial analysis tool on the market, designed for today’s aviation professionals,” stated David Wyndham, President and co-owner of Conklin & de Decker. “It is imperative that cost data be current but Life Cycle Cost also allows for more detail so you can include the aircraft’s hours and cycles, the type of operation, maintenance events and even revenue generated, if applicable, when running a budget report. And we back it up with personalized support and service that is just a phone call away,” added David.
The latest version ofLIFE CYCLE COST saw over 10,000 aircraft cost points updated that included aircraft inspections, overhauls, retirement items, engine and acquisition costs. This update ensures you are creating a financial analysis and/or budget report with the most up to date and accurate information.
In addition, seven more aircraft were added to the 2015 database, including:
1) Jets: Cessna Citation Latitude, Dassault Falcon 8X, and Embraer Legacy 500
2) Turboprops: Nextant G90XT
3) Helicopters: Bell 407GXP & Eagle 407HP
4) Pistons: Cirrus SR22G5-GTS
Output from the LCC program assists 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 operation. 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 Aviation Resource Library that provides online access to tools and information such as Fuel and Maintenance Costs, Fleet Plan Checklist, Helicopter Seating Chart,Max Range at Long Range Cruise, Aircraft Alias and Engine Installation summaries, Aircraft Variable Cost, and the Aircraft CO2 Calculator. In addition, subscribers receive access to Aircraft Pedia TM, a unique online aircraft reference tool containing interior and exterior aircraft drawings, hi-resolution aircraft color images, histories, and general cost, performance, and engine information. 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.
Databaseoptions 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.
The LIFE CYCLE COST databases can be ordered online or by calling Conklin & de Decker’sArizona office at +1-928-443-8676, or email firstname.lastname@example.org.
About Conklin & de Decker
Conklin& de Decker, celebrating over 30 years in business, is 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.