With many companies currently budgeting for 2016, it’s important to consider some of the hidden costs of maintaining outdated avionics, specifically old CRT (tube) EFIS displays. CRT display manufacturing is becoming obsolete and will inevitably become non-existent. This means that the pricing for these units is going to increase substantially and the availability is going to continually decrease. Let’s take King Airs as an example.
Avionics Maintenance Costs
By current market pricing, typical yearly costs just to maintain a Collins Pro Line 2 equipped King Air is about $20,000 per year. If you plan on keeping the aircraft for another five years under current market conditions and a traditional ADS-B mandate solution for about $75,000, you would be paying about $175,000 just to continue to maintain your current avionics package.
If you want to make additions to a Pro Line 2 avionics system, a WAAS/LPV upgrade would cost about $95,000 and RVSM would cost another $83,000. Combined with maintaining current avionics and ADS-B compliance, the total cost for five years of ownership with traditional upgrades is going to cost around $353,000. Not only are these costs high but these upgrades do not add value to your aircraft.
While an average base install of a Garmin G1000 in a King Air costs around $325,000, it adds an average value increase to your aircraft of around $275,000. In addition, it includes all of your upgrades like WAAS/LPV, ADS-B, RVSM and is safer, lighter, more reliable and can be completed in just 15 days.
Upgrade or Maintain
While some operators may choose to maintain their current avionics system, older avionics are becoming obsolete and will continue to increase in price and be less reliable. Your avionics system is critical to the operation and safety of your aircraft. An upgraded avionics system will ensure you are getting the most out of your aircraft.
Mark Wilken joined Elliott Aviation in 1989 as an Avionics Bench Technician. He was promoted to Avionics Manager in 1996 and joined the sales team in 2003. Mark has led many highly successful avionics programs such as the King Air Garmin G1000 avionics retrofit program. He recently led efforts for Wi-Fi solutions in Hawkers, King Airs and Phenom 300’s. Mark holds a Bachelor’s Degree in Aviation Management from Southern Illinois University and is a licensed Pilot.
Elliott Aviation is a second-generation, family-owned business aviation company offering a complete menu of high quality products and services including aircraft sales, avionics service & installations, aircraft maintenance, accessory repair & overhaul, paint and interior, charter and aircraft management. Serving the business aviation industry nationally and internationally, they have facilities in Moline, IL, Des Moines, IA, and Minneapolis, MN. The company is a member of the Pinnacle Air Network, National Business Aviation Association (NBAA), National Air Transportation Association (NATA), and National Aircraft Resale Association (NARA).