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Just over two years old, the world’s first-ever single-engine personal jet is proving major value in the owner-flown space, but experts in the Cirrus SF50 Vision Jet are few and far between. The Lone Mountain team is dedicated to not only understanding the Vision Jet on paper, but also in experience. Three LMA team members are now type-rated in the SF50, with plans to continue adding to that number.

“The SF50 is an incredible asset for owner pilots,” said Mark Rogers, Lone Mountain CEO. “We’ve sold a number of positions over the last few years and are already in the process of selling a pre-owned Vision Jet. Our customers deserve the most comprehensive knowledge possible, which is why our sales team continues to get type-rated. Plus, we just enjoy flying it, so it’s a win-win.”

The Vision Jet is designed to be owner-flown. Flight training includes online learning modules and a two-day touch-trainer course, in addition to the 10-day type rating course which combines classroom and training in the full-motion simulator.

Three Pilots Receive SF50 Type Ratings

Atlanta-based sales representative Daniel Christman was the first on the LMA team to receive the type-rating in May of 2017. Previously a Cirrus Regional Sales Director, Daniel has been involved with Cirrus since November 2003.  He manages and flies a Cirrus SF50 Vision Jet in Atlanta.

“The first time I saw the Cirrus SF50, I knew I wanted this to be the first turbine aircraft I flew,” said Daniel. “It was ‘The Jet’ I had been waiting to fly!”

Mark Egan took a history-making approach to his type rating, using the full-motion Vision Jet simulator and Part 142 Certification housed in the Cirrus Aircraft Vision Center in Knoxville, Tenn. He became the first-ever simulator trained pilot on July 15, 2018.

The Level D simulator is an exact cockpit replica of a Vision Jet, equipped with Cirrus Perspective Touch Avionics. The full-motion Level D flight simulator is built by a leading simulator and flight training device provider, CAE Inc.  

With the type-rating, Mark can speak firsthand of the aircraft’s performance and features to potential Vision Jet owners. Mark also manages and flies a Cirrus SF50 Vision Jet in Knoxville.  

Paul Sallach, who has been with LMA since 2009, was the latest to complete his type-rating, becoming an official Vision Jet pilot in early November. Paul will soon be managing two SF50 Vision Jets in Las Vegas, and is now offering Vision Jet experiences for pilots looking to get their hands on the controls. According to Paul, he is excited to help LMA clients decide if the Vision Jet is right for them.

Why the Vision Jet?

“The Vision Jet is for a businessperson who is trying to get deals done in regional locations, or people who want to get away without the hassle of commercial travel,” said Paul. “It’s a type of freedom that most people don’t even realize exists.”

With several Vision Jet positions still available as well as two pre-owned SF5os in inventory, the LMA team has the know-how to get the aircraft into clients’ hands. The accessibility for potential owners to talk to someone who has first-hand experience with the Vision Jet is invaluable.

The Lone Mountain Vision Jet team is uniquely qualified to offer the highest level of service with a purchase or sale of a Cirrus SF50, with demonstration flights, convenient delivery and repositioning flights, and continued pilot services.

The Vision Jet is a market that is steadily growing, and LMA is poised to help clients make the transition to turbine life as smoothly as possible.

Call or email Lone Mountain to find out more about pre-owned and new Vision Jet listings.

Spencer Bain and Mark Egan, Lone Mountain Aircraft Sales

While the fourth quarter traditionally brings the most activity in terms of preflown aircraft transactions, we witnessed a colossal absorption of late-model inventory in the first quarter of 2018. The result as we head into Q4 has been a bifurcation of many aircraft models, meaning most aircraft on the market are either like-new or on the other end of the spectrum – well outside manufacturer’s warranty and possibly near a major maintenance event.

This means clear skies and improving pricing for sellers inside that void as buyers seek planes that aren’t new, but not too old; that have a few blemishes, but aren’t in need of a new interior; that have time on the engine(s), but aren’t near overhaul. These buyers are having a much harder time finding a plane that is “just right” for their trips skyward.

Jet Market: We are seeing the lowest percentage (9.1) of the business jet fleet for sale in this century – since 1998 in fact. Light jets are the strongest segment with 10.7 percent of the total fleet available for sale. The newer segment within that fleet (less than 10 years old) represents only 5.6 percent for sale today. Ask prices within that segment are up – that’s right, up – 4.8 percent year-to-date.

Turboprop Market: The turboprop market currently has 7.2 percent of the fleet for sale. This represents the lowest percentage in the category’s history. The asking price for newer aircraft is up 11.1 percent year-to-date. Mid-age turbos (11-20 years) have an average asking price up 4.4 percent. Waning years, however, are still seeing a pricing slide.

Cirrus Market: Similar to this time last year, Cirrus Aircraft is experiencing their longest backlog of new aircraft, now taking orders for mid-year 2019 with the exception of a few remaining factory demonstrator aircraft available. This, along with the current market premium for all pre-owned G6 aircraft, supports the popularity of the G6 aircraft with Nxi Avionics.

Market ReportsPre-owned Cirrus inventory has consistently been down since the beginning of the year by almost 13 percent compared to the average in the last five years. This has not slowed down sales, with the total number of transactions 11 percent higher than at this time in 2017. We are also pleased to report that average sales prices are up just over 6 percent since this time in 2017. With those data points in mind as we head into what has historically been the strongest quarter of the year, makes for a great time to consider planning your upgrade to your next airplane.

As always, don’t hesitate to contact our team at Lone Mountain for a more in-depth market analysis. To be added to our TBM, Meridian or Phenom 100 quarterly reports, email your name and address to info@lonemtn.com.

LMA Ten Year AnniversaryTen years ago this October, LMA opened its doors for the first time with a vision to become an invaluable resource for pilots throughout their aircraft ownership experience.

Today, the company has served over 1,500 clients and has grown its staff to 27, operating out of five cities around the country.

Take a look at some of the significant events that have helped shape Lone Mountain Aircraft over the years:

 

2008

Pilot and President Mark Rogers establishes Lone Mountain Aircraft – a company built by pilots for pilots.

LMA is named a Cirrus Authorized Reseller and begins its mission to come alongside pilots during transactions, training and ownership.

Mark begins recruiting exceptional talent including Atlanta-based Daniel Christman, a former factory direct Sales Representative for Cirrus.

2009

Lone Mountain is the highest volume Cirrus Reseller in 2009.

Paul Sallach, former corporate demo pilot for Cirrus Aircraft, joins LMA, based out of Las Vegas. He enables LMA to expand their services for owner-operators with his international flying experience and strong product knowledge.    

Lone Mountain begins serving customers in the turboprop and light jet space, recording its first turboprop transaction, a Piper Meridian purchased for inventory.   

2010

Another talented pilot and team member is found in Jon Stull, who is brought on for his experience in serving clients in Legacy aircraft. Lone Mountain completes several additional turbine aircraft sales, including international transactions.

Former Cirrus Aircraft demo pilot, Dave Niles, comes aboard the Lone Mountain team with commercial, instrument, single and multi-land pilot experience and over 2,000 flight hours.

2011

Lone Mountain hires Kevin Gregor as Controller. His position soon evolves into much more as he begins taking the lead in providing finance opportunities for clients.

2012

The Lone Mountain Aircraft Maintenance Facility opens its doors at the Warren County Airport, Ohio in order to better serve clients.

Ryan Yenger joins the team as the Director of Maintenance, bringing decades of aircraft maintenance experience.   

2013

At five years old, Lone Mountain sells its 500th aircraft. Lone Mountain Aircraft Finance is launched and completes its first finance deal.

Cirrus continues development of the Vision Jet, and Lone Mountain helps many clients acquire or sell Vision Jet Positions.

2014

Mark Egan joins the Lone Mountain team, bringing with him a decade of Cirrus experience, managing the Preowned Sales Program and working in the Flight Operations Department.

2015

LMA’s First Jet is purchased for inventory – a Cessna Citation. This acquisition expands LMA’s abilities as they serve jet customers with finance, acquisition, and management

2016

Another sales team member is added as Mike Grana joins Lone Mountain’s staff with a vast knowledge of turboprops.

2017

Lone Mountain Aircraft Maintenance makes a significant step forward in their ability to serve pilots by becoming an official Cirrus Authorized Service Center, one of only five in the state of Ohio.

Daniel Christman becomes one of the first pilots type rated in the SF50 Vision Jet.

Lone Mountain expands its team by adding two new members. Gordon Ramsay joins the sales team, bringing with him invaluable experience in TBM and Piper aircraft and Jordan Sok is hired as Marketing Director.

In just three years since reaching the halfway mark, Lone Mountain records its 1000th plane sale. It continues to lead Cirrus resales, recording nine consecutive years as highest volume Cirrus reseller.

LMA Finance closes 49 aircraft loans in 2017.   

2018

Though not over yet, 2018 is shaping up to be a big year for LMA:

The business has opened Lone Mountain Flight Training in Lebanon, Ohio – a Cirrus Authorized Training Center (CTC).

A Flight Level Components shop is established and launched.

Sales team member Mark Egan became the first pilot to receive SF-50 type rating in a Vision Jet simulator, further expanding LMA’s service ability to owners and operators.

 

From the entire team at Lone Mountain, thank you for allowing us to be a part of your aircraft ownership experience throughout the years! We look forward to many more to come.

Lone Mountain Aircraft sales representative, Mark Egan, made history on Wednesday, July 15, as the very first pilot to receive a Cirrus Vision Jet SF-50 Type Rating in the new Cirrus simulator and Part 142 Certification.

The Vision Jet is the world’s first single-engine Personal Jet to receive FAA certification.

Cirrus’ Aircraft Vision Center in Knoxville, Tenn. is home to the full-motion Vision Jet simulator that Egan used to complete his type rating. The Level D simulator is an exact cockpit replica of a Vision Jet, equipped with Cirrus Perspective Touch Avionics. The full-motion Level D flight simulator is built by the world’s leading simulator and flight training device provider, CAE Inc.

Egan, who has been in the aircraft industry for nearly two decades, operates out of Knoxville, Tenn., where the Cirrus Aircraft Vision Center and simulator are located.

His experience with Cirrus – both in sales and in-flight instruction – makes him a perfect candidate to be the Vision simulator’s first patron.

Egan is a certified Platinum Cirrus Instructor with over 5,000 hours in various Cirrus Aircraft. Prior to Joining the Lone Mountain team, he spent nine years of his career at the Cirrus Aircraft Headquarters in Duluth, Minn.

The type rating will allow Mark to do more for Lone Mountain clients by being able to speak first hand of the aircraft’s performance and features, as well as provide demonstration or delivery flights.

He received kudos for his accomplishment at the Cirrus Kickoff Party at EAA AirVenture’s annual event in Oshkosh.

Congrats, Mark! We are proud to have you on the Lone Mountain Aircraft team!

Here are the newest aircraft listings at Lone Mountain as of July 23, 2018:

 

Features include: Aspen EFD 1000 Primary Flight Display, Garmin GNS 530 WAAS GPS, Garmin GTX 345 ADS-B Transponder, and more!

This aircraft was always stored in a hangar, with complete logs are available upon request. Annual inspection was completed in March 2018.

To inquire about this aircraft, click here or call Mark Egan at 612-321-6489.

 


2008 CIrrus SR22 G3 GTS Turbo

2008 Cirrus SR22 G3 GTS Turbo

Featuring: Recent parachute repack, annual inspection completion February of 2018, 10-year firewall-forward Tornado Alley Turbo items completed during the annual.

6 new cylinders installed were installed just 200 hours ago. All logbooks are complete and available. Aircraft Registration will be changed to N612MT prior to or at the time of sale.

Transition Training is included in the purchase of this aircraft through Cirrus Embark Program.

To inquire about this aircraft, click here or call Mark Egan at 612-321-6489.

 


2016 Cirrus SR22T G5 GTS

2016 Cirrus SR22T G5 GTS

Features include: Carbon appearance package featuring Athens blue, Snow white & Tuscan tan leather interior; Global Connect satellite phone & text messaging.

The 2016 upgrades over other Generation 5 aircraft are significant, including keyless entry & positive door latches, Flightstream 210 connectivity, Bluetooth audio panel, and cell phone pockets for the crew.

Transition Training is included in the purchase of this aircraft through Cirrus Embark Program.

To inquire about this aircraft, click here or call Paul Sallach at 702-285-0604.

 


2006 Cirrus SR20 G2 GTS

2006 Cirrus SR20 G2 GTS

Featuring: Avidyne Entegra flight deck including: Avidyne PFD, MFD, Dual Garmin 430’s, STec 55X Autopilot with Altitude Preselect, Active Traffic, Active Lightning Detection

This nice little SR20 GTS also boasts XM Weather and Audio along with StormScope and CMAX Approach Charts.

Transition Training is included in the purchase of this aircraft through Cirrus Embark Program.

To inquire about this aircraft, click here or call Daniel Christman at 404-308-8638.