Conklin & de Decker has announced that LIFE CYCLE COST Release 16.1 is available and now incorporates a 5-year condensed format from the Aircraft Cost Analysis Program that was acquired from Sam Miller in 2014 by Conklin & de Decker. The most innovative and comprehensive aircraft budget & financial analysis tool in the industry, LIFE CYCLE COST (LCC) provides aircraft owners, operators, flight department managers, and aircraft consultants with independently researched ownership and operating cost data for more than 460 jet, turboprop, helicopter and piston aircraft.
“As the most powerful aircraft budgeting and financial analysis tool on the market, Life Cycle Cost 16.1 is, even more, beneficial to today’s aviation professionals,” stated David Wyndham, President, and co-owner of Conklin & de Decker. “Now, subscribers can use the 5-year condensed report or run the full Life Cycle Cost report for 20 years. And as always, we back it up with personalized support and service that is just a phone call away,” added David.
The latest version of LIFE CYCLE COST includes more than 7000 updated aircraft cost points that cover fuel costs, crew salaries, aircraft inspections, overhauls, retirement items. Engine costs and acquisition costs have also been updated in this release to ensure that every financial analysis and/or budget report has the most up to date and accurate information.
The new 5-year condensed report accommodates a three aircraft side-by-side comparison that can be three different aircraft or the same aircraft in three different acquisition forms. Additional pie charts and bar graphs were also added to LIFE CYCLE COST 16.1 for easier interpretation of the report results.
The 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 AircraftPediaTM, 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.
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 COST database. 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’s Arizona office at +1-928-443-8676, or email email@example.com. Heli-Expo 2016 attendees can visit booth #5935 for a free LIFE CYCLE COST demonstration.