1
01:00:03,633 --> 01:00:05,034
So day two of BACE starts off

2
01:00:05,034 --> 01:00:06,069
with what they call a static.

3
01:00:06,869 --> 01:00:08,805
And a static is what like a static

4
01:00:08,805 --> 01:00:11,474
display of all of the airplanes and all

5
01:00:11,474 --> 01:00:12,775
the jets and all the things.

6
01:00:13,009 --> 01:00:15,211
Yeah, that's right. So as we will see

7
01:00:15,211 --> 01:00:17,046
some of the footage, but yeah, we're just

8
01:00:17,046 --> 01:00:17,747
out here at Henderson

9
01:00:17,747 --> 01:00:18,815
Airport in Las Vegas.

10
01:00:19,515 --> 01:00:21,784
And so all the manufacturers are going to

11
01:00:21,784 --> 01:00:23,653
have their airplanes here to look at and

12
01:00:23,653 --> 01:00:25,855
walk on and touch and

13
01:00:25,855 --> 01:00:27,256
feel and all that good stuff.

14
01:00:28,291 --> 01:00:30,293
Welcome to Own the Jet by Aspen Aero

15
01:00:30,293 --> 01:00:32,161
Group, where we share perspectives from

16
01:00:32,161 --> 01:00:33,997
some of the leading voices in private jet

17
01:00:33,997 --> 01:00:35,431
ownership and business aviation.

18
01:00:36,366 --> 01:00:38,234
I'm your host, Derik Savage, along with

19
01:00:38,234 --> 01:00:39,569
my co-host, Jason Spoor,

20
01:00:39,936 --> 01:00:41,204
president of Aspen Aero Group.

21
01:00:42,138 --> 01:00:43,973
Join us as we dive deep into the

22
01:00:43,973 --> 01:00:46,109
mechanics, mindset and moments that

23
01:00:46,109 --> 01:00:47,510
define jet ownership.

24
01:00:48,144 --> 01:00:49,512
And together we'll learn

25
01:00:49,512 --> 01:00:51,547
what it takes to own the jet.

26
01:00:51,981 --> 01:00:53,650
It's going to be cool seeing the actual

27
01:00:53,650 --> 01:00:54,684
jets because everybody's

28
01:00:54,684 --> 01:00:55,885
always talking about the jets.

29
01:00:56,285 --> 01:00:57,687
But seeing the jets is a

30
01:00:57,687 --> 01:00:58,454
totally different thing.

31
01:00:59,055 --> 01:00:59,989
So what are what are some of the things

32
01:00:59,989 --> 01:01:02,725
we can expect to see here at the static

33
01:01:02,725 --> 01:01:03,726
that they have for base?

34
01:01:04,327 --> 01:01:06,396
Yeah. So a lot of what you're going to

35
01:01:06,396 --> 01:01:08,031
see here is a lot of flight departments.

36
01:01:08,031 --> 01:01:09,966
You're going to see aircraft owners

37
01:01:09,966 --> 01:01:12,135
coming out just to see the airplanes

38
01:01:12,135 --> 01:01:13,970
without having to go through a whole

39
01:01:13,970 --> 01:01:15,505
formal process to do that.

40
01:01:15,505 --> 01:01:17,473
So they're going to be able to go on like

41
01:01:17,473 --> 01:01:19,375
behind us, the Honda jet and go see what

42
01:01:19,375 --> 01:01:22,078
it feels like, sit in it and talk to the

43
01:01:22,078 --> 01:01:23,713
sales guys without having to,

44
01:01:24,313 --> 01:01:25,915
yeah, again, go through a whole formal.

45
01:01:27,350 --> 01:01:29,052
No, no, no... 

46
01:01:29,052 --> 01:01:29,819
none of the Rigamarole.

47
01:01:29,819 --> 01:01:32,055
Yeah. OK. No rigmarole.

48
01:01:32,388 --> 01:01:34,090
So here you've got every, you know, every

49
01:01:34,090 --> 01:01:35,892
manufacturer, every corporate

50
01:01:35,892 --> 01:01:38,361
jet showing off what they have.

51
01:01:38,828 --> 01:01:40,063
OK. Show me your wares.

52
01:01:40,463 --> 01:01:42,131
Let's go. Let's go see.

53
01:01:42,465 --> 01:01:45,568
Let's go check out some wares here at the

54
01:01:45,568 --> 01:01:48,337
static at MBAA's BACE conference here in

55
01:01:48,337 --> 01:01:49,939
beautiful, sunny Las Vegas, Nevada.

56
01:01:50,406 --> 01:01:51,641
All right. Let's check them out.

57
01:01:59,115 --> 01:02:00,750
Exciting opportunity here. We get to talk

58
01:02:00,750 --> 01:02:02,585
to Mark from Bombardier.

59
01:02:03,119 --> 01:02:04,287
And Mark, can you tell me a little bit

60
01:02:04,287 --> 01:02:05,154
about what you do and what

61
01:02:05,154 --> 01:02:06,089
your role is here at Bombardier?

62
01:02:06,355 --> 01:02:07,824
So I'm in charge of communications for

63
01:02:07,824 --> 01:02:08,891
Bombardier, internal external.

64
01:02:09,392 --> 01:02:11,661
So at shows like MBAA BACE, it's my

65
01:02:11,661 --> 01:02:12,895
absolute pleasure to talk about

66
01:02:12,895 --> 01:02:14,097
everything that Bombardier does,

67
01:02:14,097 --> 01:02:15,631
including the wonderful jets behind us.

68
01:02:15,932 --> 01:02:17,700
Awesome. And can you tell me about the

69
01:02:17,700 --> 01:02:18,668
wonderful jets behind us?

70
01:02:18,668 --> 01:02:20,169
This is a global 6500, right?

71
01:02:20,236 --> 01:02:22,705
Global 6500. It is an absolute workhorse.

72
01:02:23,106 --> 01:02:24,340
So if you look at the interior, it's

73
01:02:24,340 --> 01:02:25,475
really designed for comfort.

74
01:02:25,908 --> 01:02:27,810
It's designed to bring you to your

75
01:02:27,810 --> 01:02:29,545
destination refreshed and offers the

76
01:02:29,545 --> 01:02:30,646
industry's smoothest ride.

77
01:02:30,646 --> 01:02:31,280
So we design our

78
01:02:31,280 --> 01:02:32,348
wings to be very flexible.

79
01:02:32,682 --> 01:02:33,549
We can actually go bend

80
01:02:33,549 --> 01:02:34,584
one if you'd like afterwards.

81
01:02:35,451 --> 01:02:36,886
Yeah, we do. We definitely want to.

82
01:02:37,620 --> 01:02:40,189
But it really abates turbulence and

83
01:02:40,189 --> 01:02:41,257
provides the smoothest ride.

84
01:02:42,091 --> 01:02:44,427
So what can you tell me about the

85
01:02:44,427 --> 01:02:45,895
exciting things that Bombardier is

86
01:02:45,895 --> 01:02:48,030
bringing to the BACE conference this year

87
01:02:48,164 --> 01:02:49,265
and what you guys are like

88
01:02:49,265 --> 01:02:50,933
really excited to talk about?

89
01:02:51,200 --> 01:02:52,668
So I think first and foremost, those are

90
01:02:52,668 --> 01:02:54,203
really big unveiling here.

91
01:02:54,203 --> 01:02:56,506
So in June, we secured an order for 50

92
01:02:56,506 --> 01:02:58,141
aircraft with 70 more options.

93
01:02:58,441 --> 01:03:00,143
And that was revealed as

94
01:03:00,143 --> 01:03:01,644
a new customer named Bond.

95
01:03:02,044 --> 01:03:03,713
So they're offering an innovative

96
01:03:03,713 --> 01:03:05,014
fractional service to the market.

97
01:03:05,014 --> 01:03:06,382
And that was part of our biggest

98
01:03:06,382 --> 01:03:07,416
unveiling here at the show.

99
01:03:07,717 --> 01:03:09,485
We've also announced that the global

100
01:03:09,485 --> 01:03:11,654
8000, which was already set to be the

101
01:03:11,654 --> 01:03:13,156
fastest jet in the industry,

102
01:03:13,589 --> 01:03:15,958
just got its speed a little bit ticked up

103
01:03:15,958 --> 01:03:17,894
from Mach 94 to Mach 95.

104
01:03:18,427 --> 01:03:20,129
But what that does is it actually will

105
01:03:20,129 --> 01:03:23,432
give customers 800 nautical miles more at

106
01:03:23,432 --> 01:03:24,567
very high speed cruise

107
01:03:24,567 --> 01:03:26,169
or what we call ultra high speed cruise.

108
01:03:26,169 --> 01:03:27,203
So you're in the Mach 92

109
01:03:27,203 --> 01:03:30,473
range of of your of a mission.

110
01:03:30,473 --> 01:03:31,874
So really just pushing the boundaries of

111
01:03:31,874 --> 01:03:34,010
what speed is in business aviation and

112
01:03:34,010 --> 01:03:36,112
just our whole portfolio here on display.

113
01:03:36,412 --> 01:03:38,181
We're proud of like the Challenger 3500,

114
01:03:38,181 --> 01:03:40,016
which is also behind the 6500 here,

115
01:03:40,316 --> 01:03:41,684
just continues to be the best selling

116
01:03:41,684 --> 01:03:44,487
super mid-sized platform and lineups for

117
01:03:44,487 --> 01:03:45,388
it with a lot of interest.

118
01:03:46,355 --> 01:03:48,224
So for the layperson like me, I see all

119
01:03:48,224 --> 01:03:50,726
the Bombardier models and I see there are

120
01:03:50,726 --> 01:03:51,527
a lot of Challenger models

121
01:03:51,527 --> 01:03:53,262
and a lot of global models. Can you tell

122
01:03:53,262 --> 01:03:54,297
me the difference between those two?

123
01:03:54,664 --> 01:03:55,932
Well, it's really about what you want to

124
01:03:55,932 --> 01:03:56,766
do with your aircraft.

125
01:03:57,333 --> 01:03:58,668
So if you're starting with a Challenger

126
01:03:58,668 --> 01:04:00,937
3500, that's operators who

127
01:04:00,937 --> 01:04:02,405
are flying in North America.

128
01:04:02,405 --> 01:04:04,240
It's a coast to coast. You load it with

129
01:04:04,240 --> 01:04:05,975
eight passengers, full fuel, and it'll

130
01:04:05,975 --> 01:04:07,643
just cover North America for you.

131
01:04:07,844 --> 01:04:09,245
If you're looking at transatlantic,

132
01:04:09,846 --> 01:04:10,479
that's where you step

133
01:04:10,479 --> 01:04:11,681
up to a Challenger 650.

134
01:04:12,081 --> 01:04:13,182
You have a wide cabin.

135
01:04:13,482 --> 01:04:14,884
This is something that's becoming a, you

136
01:04:14,884 --> 01:04:16,385
know, in the 4000 plus nautical mile

137
01:04:16,385 --> 01:04:17,854
range aircraft category.

138
01:04:18,254 --> 01:04:19,956
And then the Globals, that's really it's

139
01:04:19,956 --> 01:04:20,890
in the name. It's global.

140
01:04:21,257 --> 01:04:23,526
So starting with the 5500 to the 6500,

141
01:04:24,260 --> 01:04:26,195
those are refreshed aircraft with brand

142
01:04:26,195 --> 01:04:27,129
new Rolls-Royce engines.

143
01:04:27,230 --> 01:04:28,231
So a lot more efficient

144
01:04:28,231 --> 01:04:29,265
than previous generations.

145
01:04:30,066 --> 01:04:31,167
But that's where you really start getting

146
01:04:31,167 --> 01:04:33,536
that trans oceanic range.

147
01:04:34,036 --> 01:04:35,404
And then if you want to cover the world

148
01:04:35,404 --> 01:04:37,106
completely, that's where

149
01:04:37,106 --> 01:04:38,608
the Globals 8000 comes in.

150
01:04:39,108 --> 01:04:41,444
So the Globals 8000, it's a no compromise

151
01:04:41,444 --> 01:04:43,246
for cabin space aircraft.

152
01:04:43,579 --> 01:04:45,548
It can land with steep approach at low

153
01:04:45,548 --> 01:04:46,883
speeds with flaps and slats.

154
01:04:47,250 --> 01:04:49,585
It can go the fastest. It has the Globals

155
01:04:49,585 --> 01:04:51,454
7500 actually has 150 speed records.

156
01:04:51,654 --> 01:04:53,522
So it's the record of records. No

157
01:04:53,522 --> 01:04:54,590
aircraft platform has

158
01:04:54,590 --> 01:04:55,925
singly captured more.

159
01:04:56,325 --> 01:04:58,060
And the 8000 is just going to be the

160
01:04:58,060 --> 01:04:59,562
basic pinnacle of business aviation.

161
01:04:59,896 --> 01:05:01,364
So that's like flying

162
01:05:01,364 --> 01:05:02,265
a hotel room around.

163
01:05:02,732 --> 01:05:05,301
So you say the 8000 is going to be and

164
01:05:05,301 --> 01:05:06,535
it's not yet available for

165
01:05:06,535 --> 01:05:07,336
purchase. Is that correct?

166
01:05:07,570 --> 01:05:09,171
It's available for purchase. The first is

167
01:05:09,171 --> 01:05:10,373
delivering this year.

168
01:05:10,940 --> 01:05:12,942
Gotcha. So they're just now rolling off

169
01:05:12,942 --> 01:05:15,411
of the factory floor and

170
01:05:15,411 --> 01:05:16,479
to their first customers.

171
01:05:17,013 --> 01:05:17,747
So the first production

172
01:05:17,747 --> 01:05:18,814
flight flew this year.

173
01:05:19,282 --> 01:05:20,616
It's now in completions and we're looking

174
01:05:20,616 --> 01:05:22,084
forward to deliver it to the first

175
01:05:22,084 --> 01:05:23,185
customer by the end of the year.

176
01:05:23,586 --> 01:05:25,054
So in terms of range, if we're talking

177
01:05:25,054 --> 01:05:26,956
about like the 6500, for instance, right?

178
01:05:27,323 --> 01:05:29,525
If I'm based on the West Coast and this

179
01:05:29,525 --> 01:05:31,927
is global, what are my options

180
01:05:32,094 --> 01:05:33,362
as far as where I can travel to?

181
01:05:33,562 --> 01:05:35,164
Well, a good a good example of what we

182
01:05:35,164 --> 01:05:37,566
did recently with the 7500, for instance,

183
01:05:37,566 --> 01:05:40,102
was a speed record from San Luis Obispo,

184
01:05:40,102 --> 01:05:42,972
California to London in about nine hours.

185
01:05:43,572 --> 01:05:45,274
So if you look at like the Global 6500,

186
01:05:45,541 --> 01:05:47,343
you're looking at, you know, 10, 12 hours

187
01:05:47,343 --> 01:05:49,412
of range, 7500, even longer.

188
01:05:49,645 --> 01:05:51,447
So this is these are just aircraft that

189
01:05:51,447 --> 01:05:52,949
at some point, you know,

190
01:05:52,949 --> 01:05:56,018
traveling in one way to go farther,

191
01:05:56,018 --> 01:05:57,586
you'd have to go basically the other way.

192
01:05:57,586 --> 01:05:58,688
It didn't go shorter because you can

193
01:05:58,688 --> 01:06:00,056
cover a lot of distance.

194
01:06:00,089 --> 01:06:01,524
But from London, for instance, on the

195
01:06:01,524 --> 01:06:03,326
Global 7500 and Global 8000, there's not

196
01:06:03,326 --> 01:06:04,827
many major cities you can't get to.

197
01:06:05,494 --> 01:06:07,863
You mentioned the and I'm gesturing here,

198
01:06:07,863 --> 01:06:10,066
it's off to the side, the partnership

199
01:06:10,066 --> 01:06:11,300
that you now have that you guys are

200
01:06:11,300 --> 01:06:12,068
excited to talk about.

201
01:06:12,068 --> 01:06:12,501
Can you tell me a

202
01:06:12,501 --> 01:06:13,269
little bit more about that?

203
01:06:13,736 --> 01:06:15,838
Yeah, so Bond is our newest customer.

204
01:06:16,339 --> 01:06:18,140
They've signed for 50 aircraft and

205
01:06:18,140 --> 01:06:19,942
they've also signed a first

206
01:06:19,942 --> 01:06:21,143
of a kind service agreement.

207
01:06:21,711 --> 01:06:23,179
So what we have is a full

208
01:06:23,179 --> 01:06:24,313
turnkey offering for them.

209
01:06:24,313 --> 01:06:25,381
You get the aircraft, you get

210
01:06:25,381 --> 01:06:27,850
maintenance, you get parts all in one

211
01:06:27,850 --> 01:06:29,218
contract that really makes it easier

212
01:06:29,452 --> 01:06:31,120
and more accessible for their customers.

213
01:06:31,654 --> 01:06:33,089
And we're proud to be able to offer that

214
01:06:33,089 --> 01:06:34,223
kind of full suite of services.

215
01:06:34,523 --> 01:06:36,959
So it's going to be innovative, first of

216
01:06:36,959 --> 01:06:37,960
its kind in the industry.

217
01:06:38,194 --> 01:06:39,795
And we're going to develop our service

218
01:06:39,795 --> 01:06:42,765
network to prepare for their

219
01:06:42,765 --> 01:06:44,734
entry into service in 2027.

220
01:06:45,301 --> 01:06:46,869
How important is the service part of the

221
01:06:46,869 --> 01:06:47,970
business for Bombardier?

222
01:06:48,003 --> 01:06:48,838
It's everything.

223
01:06:49,338 --> 01:06:50,673
So we want to make sure that, you know,

224
01:06:50,906 --> 01:06:52,641
aircraft are dispatch available, that we

225
01:06:52,641 --> 01:06:54,143
have parts everywhere we need to,

226
01:06:54,243 --> 01:06:56,212
that we're quickly doing turns in our

227
01:06:56,212 --> 01:06:57,580
service centers with really

228
01:06:57,580 --> 01:06:58,881
high skilled OEM technicians

229
01:06:59,048 --> 01:07:00,850
so that people can get their availability

230
01:07:00,850 --> 01:07:02,985
of aircraft absolutely optimized.

231
01:07:03,386 --> 01:07:05,054
And to do that, we've announced a really

232
01:07:05,054 --> 01:07:06,455
large expansion in the US.

233
01:07:06,756 --> 01:07:08,057
We finished a big wave of

234
01:07:08,057 --> 01:07:09,125
expansions around the world.

235
01:07:09,625 --> 01:07:10,626
So we've quadrupled our

236
01:07:10,626 --> 01:07:11,527
facility in Singapore.

237
01:07:11,794 --> 01:07:12,895
We've opened one in Melbourne.

238
01:07:13,396 --> 01:07:16,699
We've really gone big in Hill London.

239
01:07:17,099 --> 01:07:18,334
We're building a paint shop there, but

240
01:07:18,334 --> 01:07:19,402
now we're focusing on the US.

241
01:07:19,602 --> 01:07:20,369
So the first announcement

242
01:07:20,369 --> 01:07:22,405
came right before the show.

243
01:07:22,872 --> 01:07:24,774
We are setting up a new service facility

244
01:07:24,774 --> 01:07:26,575
in Fort Wayne, Indiana to really put

245
01:07:26,575 --> 01:07:27,343
ourselves right in the

246
01:07:27,343 --> 01:07:28,110
heart of the Midwest.

247
01:07:28,310 --> 01:07:29,412
So we cover that region.

248
01:07:29,678 --> 01:07:30,846
It's going to work very well with our

249
01:07:30,846 --> 01:07:33,282
main parts depot in Chicago, but then

250
01:07:33,282 --> 01:07:33,883
looking at more

251
01:07:33,883 --> 01:07:35,384
facilities to expand across the US.

252
01:07:35,751 --> 01:07:36,852
So it sounds like Fort Wayne is going to

253
01:07:36,852 --> 01:07:38,087
be a pretty big hub for

254
01:07:38,087 --> 01:07:39,688
things happening with Bombardier.

255
01:07:40,056 --> 01:07:40,356
Absolutely.

256
01:07:40,623 --> 01:07:42,892
And we're really going into the community

257
01:07:42,892 --> 01:07:44,360
now, starting to recruit technicians,

258
01:07:44,360 --> 01:07:45,394
create a pipeline to

259
01:07:45,394 --> 01:07:46,429
create high skilled jobs.

260
01:07:46,429 --> 01:07:48,330
But that's kind of how we operate in all

261
01:07:48,330 --> 01:07:50,166
of the communities around the US.

262
01:07:50,166 --> 01:07:52,334
We try to have local relationships with

263
01:07:52,334 --> 01:07:54,703
schools to train technicians, keep the

264
01:07:54,703 --> 01:07:55,671
pipeline going because

265
01:07:55,671 --> 01:07:56,539
brick and mortar is great.

266
01:07:56,572 --> 01:07:57,973
But if there's no one to turn a wrench,

267
01:07:58,574 --> 01:08:00,009
we're not helping our customers more.

268
01:08:00,009 --> 01:08:01,243
So it's about convenience and care, and

269
01:08:01,243 --> 01:08:02,044
that starts with having the

270
01:08:02,044 --> 01:08:02,912
right people in our facilities.

271
01:08:03,746 --> 01:08:04,013
Awesome.

272
01:08:04,647 --> 01:08:06,415
And you said we can

273
01:08:06,415 --> 01:08:07,683
bend the wing on the 6500.

274
01:08:07,683 --> 01:08:08,384
Is that something we can

275
01:08:08,384 --> 01:08:09,385
go ahead and take a look at?

276
01:08:09,385 --> 01:08:10,152
Let's do it.

277
01:08:10,152 --> 01:08:10,486
All right.

278
01:08:11,153 --> 01:08:13,122
So flexible wings starts with the

279
01:08:13,122 --> 01:08:16,125
fundamental design of how Bombardier puts

280
01:08:16,125 --> 01:08:18,928
flexible mindsets into

281
01:08:18,928 --> 01:08:20,096
all wings for the global.

282
01:08:20,096 --> 01:08:22,565
That starts with having slats and flaps.

283
01:08:22,765 --> 01:08:24,467
I love that it's flexible mindsets, too.

284
01:08:24,500 --> 01:08:25,568
It's like we want to stay

285
01:08:25,568 --> 01:08:26,969
flexible in our approach to things.

286
01:08:27,169 --> 01:08:28,003
Why is it flexible?

287
01:08:28,204 --> 01:08:29,472
What's the reasoning for this?

288
01:08:29,772 --> 01:08:30,739
It has to be flexible so

289
01:08:30,739 --> 01:08:31,607
you have the smoothest ride.

290
01:08:32,007 --> 01:08:34,210
So if the wing absorbs turbulence, the

291
01:08:34,210 --> 01:08:35,945
turbulence doesn't translate into the

292
01:08:35,945 --> 01:08:36,812
cabin for the passengers.

293
01:08:37,213 --> 01:08:39,648
So all the way to just holding your

294
01:08:39,648 --> 01:08:42,351
drinks in a more comfortable way, to

295
01:08:42,351 --> 01:08:45,454
helping passengers, animals, just have a

296
01:08:45,454 --> 01:08:46,422
smoother ride throughout

297
01:08:46,422 --> 01:08:47,656
the entirety of the flight.

298
01:08:47,890 --> 01:08:49,125
It's something that's fundamental.

299
01:08:49,592 --> 01:08:52,461
And if you miss it at the design level of

300
01:08:52,461 --> 01:08:54,663
the plane, you can't make up for it.

301
01:08:54,663 --> 01:08:56,499
So if you don't have this, it's just a

302
01:08:56,499 --> 01:08:57,399
rougher ride and it

303
01:08:57,399 --> 01:08:58,434
just kind of sucks, right?

304
01:08:58,434 --> 01:08:58,634
Exactly.

305
01:08:58,968 --> 01:09:00,636
And it's impossible to have without slats

306
01:09:00,636 --> 01:09:02,371
because you have to have an optimized

307
01:09:02,371 --> 01:09:03,939
wing, which is small and

308
01:09:03,939 --> 01:09:05,274
slender for high-speed crews.

309
01:09:05,674 --> 01:09:07,176
But then for low-speed performance, you

310
01:09:07,176 --> 01:09:08,677
really need to make that wing as possible

311
01:09:08,677 --> 01:09:10,646
to land, especially in steep approach

312
01:09:10,646 --> 01:09:12,915
airports like Lugano or when you're

313
01:09:12,915 --> 01:09:14,149
trying to get into London City.

314
01:09:14,149 --> 01:09:15,351
So that's where the slats

315
01:09:15,351 --> 01:09:16,452
and flaps really come in.

316
01:09:16,952 --> 01:09:19,288
The next level of it is on the Global

317
01:09:19,288 --> 01:09:21,223
7500, where because of the size of the

318
01:09:21,223 --> 01:09:22,758
aircraft, the wing is much bigger.

319
01:09:23,259 --> 01:09:25,094
So what we've done on the 7500 is

320
01:09:25,094 --> 01:09:27,163
actually split the outboard aileron.

321
01:09:27,630 --> 01:09:29,698
So when it's at high speed, only a part

322
01:09:29,698 --> 01:09:31,000
of it will move so that the

323
01:09:31,000 --> 01:09:32,234
wing could continue to flex.

324
01:09:33,102 --> 01:09:35,237
So that's just how we think about

325
01:09:35,237 --> 01:09:36,839
passenger comfort, but it goes all the

326
01:09:36,839 --> 01:09:37,573
way into wing design.

327
01:09:38,107 --> 01:09:39,909
Nice. So we can see that flex just

328
01:09:39,909 --> 01:09:40,643
standing here, right?

329
01:09:40,809 --> 01:09:42,244
So I can flex it a little

330
01:09:42,244 --> 01:09:43,546
bit with just one finger.

331
01:09:43,546 --> 01:09:43,812
Yeah.

332
01:09:43,846 --> 01:09:45,414
So you really just get that little push

333
01:09:45,414 --> 01:09:47,316
on it and you see the wing starts to go.

334
01:09:48,050 --> 01:09:49,418
But if you really want

335
01:09:49,418 --> 01:09:50,953
to have at it, go for it.

336
01:09:51,186 --> 01:09:51,554
All right.

337
01:09:51,921 --> 01:09:52,922
Watching that flex.

338
01:09:54,323 --> 01:09:54,823
Pretty good.

339
01:09:55,291 --> 01:09:55,691
Pretty good.

340
01:09:56,292 --> 01:09:58,027
And all of that reduces turbulence for

341
01:09:58,027 --> 01:09:58,727
the passengers inside.

342
01:09:59,194 --> 01:10:00,563
Because inside, if you look down the

343
01:10:00,563 --> 01:10:02,865
wing, there's not much movement, right?

344
01:10:02,865 --> 01:10:03,566
It's all out here.

345
01:10:03,866 --> 01:10:04,066
Exactly.

346
01:10:04,767 --> 01:10:05,467
So that's the whole idea.

347
01:10:05,668 --> 01:10:06,835
Can I do this?

348
01:10:06,835 --> 01:10:07,303
Can I like?

349
01:10:07,303 --> 01:10:07,503
Please.

350
01:10:07,770 --> 01:10:07,970
Okay.

351
01:10:08,304 --> 01:10:10,773
So if I'm messing with it, like I'm the

352
01:10:10,773 --> 01:10:12,541
air, I'm the cloud, right?

353
01:10:12,541 --> 01:10:13,175
I'm the turbulence.

354
01:10:14,443 --> 01:10:15,544
They aren't feeling it in there.

355
01:10:15,844 --> 01:10:16,045
Exactly.

356
01:10:16,212 --> 01:10:16,412
Correct.

357
01:10:16,712 --> 01:10:16,912
Nice.

358
01:10:17,346 --> 01:10:17,546
Cool.

359
01:10:18,013 --> 01:10:18,781
So yeah, wing flex.

360
01:10:19,281 --> 01:10:21,584
It's something that will give you a

361
01:10:21,584 --> 01:10:22,818
better ride and a smoother ride.

362
01:10:23,052 --> 01:10:23,752
So that's something, if

363
01:10:23,752 --> 01:10:24,520
you're going to own the jet,

364
01:10:25,321 --> 01:10:26,722
might be something you want to consider

365
01:10:26,722 --> 01:10:28,490
as you're looking at jets to own, right?

366
01:10:28,557 --> 01:10:29,225
Definitely want to

367
01:10:29,225 --> 01:10:30,392
check, do I have slats?

368
01:10:30,926 --> 01:10:31,794
Do I have slats?

369
01:10:32,094 --> 01:10:32,494
Slats.

370
01:10:33,028 --> 01:10:34,163
Just like a smooth--

371
01:10:34,163 --> 01:10:35,164
Only bombardier has them.

372
01:10:35,164 --> 01:10:35,531
Yeah.

373
01:10:35,531 --> 01:10:36,999
Just like having a smooth bed, you want

374
01:10:36,999 --> 01:10:39,034
to smooth slats with that too.

375
01:10:39,268 --> 01:10:39,501
Okay.

376
01:10:39,802 --> 01:10:40,002
Nice.

377
01:10:40,336 --> 01:10:40,536
Cool.

378
01:10:40,769 --> 01:10:41,604
Mark, thanks again, man.

379
01:10:41,904 --> 01:10:42,404
Thanks for stopping by.

380
01:10:50,012 --> 01:10:51,447
I'm here with Aaron White from Aspen Aero

381
01:10:51,447 --> 01:10:54,116
Group, and Aaron works with people to buy

382
01:10:54,116 --> 01:10:56,051
and sell and work on the transaction of

383
01:10:56,051 --> 01:10:57,586
the jet itself and the

384
01:10:57,586 --> 01:10:58,354
purchasing of the jet.

385
01:10:59,321 --> 01:11:00,723
Aaron, what are you excited to see here

386
01:11:00,723 --> 01:11:01,490
at the static today?

387
01:11:02,324 --> 01:11:04,093
Well, I'd love to see the new

388
01:11:04,093 --> 01:11:05,861
manufacturers, what they're releasing,

389
01:11:06,462 --> 01:11:08,731
whether it's actually out right now or if

390
01:11:08,731 --> 01:11:09,732
they've just unveiled it.

391
01:11:10,466 --> 01:11:11,800
So, yeah, excited to see some of the

392
01:11:11,800 --> 01:11:13,335
bigger manufacturers of Gulf Streams,

393
01:11:13,335 --> 01:11:14,236
Bombardier aircraft,

394
01:11:14,870 --> 01:11:16,338
obviously Falcon's got a nice bird,

395
01:11:17,206 --> 01:11:18,974
but also just enjoy kind of seeing some

396
01:11:18,974 --> 01:11:20,809
of the more unique aircrafts.

397
01:11:20,809 --> 01:11:21,510
We've got the Husker over here.

398
01:11:21,510 --> 01:11:22,945
Falcon's got a nice bird.

399
01:11:23,145 --> 01:11:23,712
Yes, sir.

400
01:11:24,146 --> 01:11:24,546
I love it.

401
01:11:24,546 --> 01:11:25,214
They like to fly.

402
01:11:25,914 --> 01:11:27,349
But yeah, no, it's good to get out here,

403
01:11:27,349 --> 01:11:28,384
good to get exposure, good

404
01:11:28,384 --> 01:11:29,952
to get on these aircrafts.

405
01:11:29,952 --> 01:11:31,587
It's easier to advise clients once you've

406
01:11:31,587 --> 01:11:32,988
sat in it, you understand, hey,

407
01:11:33,222 --> 01:11:35,524
you might need a little bit taller, or

408
01:11:35,524 --> 01:11:37,059
you kind of learn the specs of it,

409
01:11:37,059 --> 01:11:38,293
you kind of get the feel of it.

410
01:11:38,394 --> 01:11:40,396
So it helps with, you know, showing the

411
01:11:40,396 --> 01:11:42,197
client where to go and what their mission

412
01:11:42,197 --> 01:11:43,265
is and what makes sense.

413
01:11:43,732 --> 01:11:44,266
All right, great.

414
01:11:44,266 --> 01:11:44,933
So we were able to track

415
01:11:44,933 --> 01:11:46,235
down Trevor here with Epic,

416
01:11:46,468 --> 01:11:48,170
and Trevor's going to talk to us about

417
01:11:48,170 --> 01:11:49,505
what Epic has going on at base.

418
01:11:50,673 --> 01:11:53,375
Behind me, we have one of their, what

419
01:11:53,375 --> 01:11:54,710
model of plane is this?

420
01:11:54,710 --> 01:11:56,412
This is the E1000AX.

421
01:11:56,912 --> 01:11:58,414
So it's our latest version of

422
01:11:58,414 --> 01:12:00,716
the E1000 line of airplanes.

423
01:12:01,283 --> 01:12:03,485
It's the fastest single engine certified

424
01:12:03,485 --> 01:12:04,520
airplane you can buy.

425
01:12:05,154 --> 01:12:06,255
Also the highest flying.

426
01:12:06,889 --> 01:12:08,290
Fully carbon fiber

427
01:12:08,290 --> 01:12:09,992
construction, which is kind of unique.

428
01:12:10,259 --> 01:12:10,459
Right.

429
01:12:10,626 --> 01:12:12,494
So when you say highest flying, how high?

430
01:12:13,028 --> 01:12:14,129
34,000.

431
01:12:14,396 --> 01:12:14,797
34,000.

432
01:12:15,230 --> 01:12:15,964
With a speed of?

433
01:12:16,965 --> 01:12:19,635
We're typically cruising about 320 knots

434
01:12:19,635 --> 01:12:21,804
at 34,000 at a high speed cruise.

435
01:12:22,071 --> 01:12:22,805
What kind of range are

436
01:12:22,805 --> 01:12:23,505
you getting out of it?

437
01:12:24,273 --> 01:12:26,608
Figure at a high speed, we're going to be

438
01:12:26,608 --> 01:12:28,243
about 1200 nautical miles.

439
01:12:28,477 --> 01:12:29,745
That'll leave you an hour reserve.

440
01:12:30,412 --> 01:12:31,280
And you can do that with six

441
01:12:31,280 --> 01:12:32,881
people on board, which is...

442
01:12:32,881 --> 01:12:34,450
So putting that into hours, that's what?

443
01:12:34,717 --> 01:12:35,617
Three and a half?

444
01:12:35,617 --> 01:12:35,984
Three-four-five?

445
01:12:36,151 --> 01:12:39,455
Yeah, figure about four hours of range

446
01:12:39,455 --> 01:12:41,890
with an hour of reserve.

447
01:12:42,291 --> 01:12:42,491
Good.

448
01:12:43,025 --> 01:12:43,692
Connectivity?

449
01:12:44,927 --> 01:12:48,063
Yeah, we have Starlink Wi-Fi on board.

450
01:12:48,931 --> 01:12:51,266
So, yep, I think we're the first ones to

451
01:12:51,266 --> 01:12:52,334
certify an external

452
01:12:52,334 --> 01:12:54,169
installation of that system.

453
01:12:54,369 --> 01:12:55,304
So it's a big advantage.

454
01:12:56,372 --> 01:12:56,772
Passenger profiles.

455
01:12:57,106 --> 01:12:58,707
So what, how many are

456
01:12:58,707 --> 01:12:59,375
you getting in here?

457
01:12:59,675 --> 01:12:59,875
And...

458
01:13:00,109 --> 01:13:02,144
Yeah, it's sixth place.

459
01:13:02,511 --> 01:13:05,013
And that pic was really designed to be

460
01:13:05,013 --> 01:13:06,415
comfortable for bigger people.

461
01:13:06,648 --> 01:13:07,683
So we get six people in it.

462
01:13:07,683 --> 01:13:08,684
Can we take their bags too?

463
01:13:09,385 --> 01:13:09,985
Yeah, you can.

464
01:13:09,985 --> 01:13:11,053
They can each have one.

465
01:13:11,787 --> 01:13:15,124
And that, I guess, would be what you

466
01:13:15,124 --> 01:13:15,991
would call a limitation

467
01:13:15,991 --> 01:13:17,626
of a smaller aircraft is

468
01:13:17,826 --> 01:13:20,729
you don't have an airliner-sized baggage

469
01:13:20,729 --> 01:13:21,663
compartment in there.

470
01:13:21,897 --> 01:13:24,032
But it very nicely fits.

471
01:13:24,233 --> 01:13:25,134
I don't know if you can see the little

472
01:13:25,134 --> 01:13:26,335
stack of bags back there,

473
01:13:26,335 --> 01:13:27,569
but six rollerboards all

474
01:13:27,569 --> 01:13:28,871
fit back behind the seat.

475
01:13:28,971 --> 01:13:31,473
This is a utility category airplane at

476
01:13:31,473 --> 01:13:32,908
its 8,000 pound gross

477
01:13:32,908 --> 01:13:34,710
weight, which is very rare.

478
01:13:35,144 --> 01:13:36,311
So, immensely strong.

479
01:13:36,745 --> 01:13:38,013
So depending on your mission, this might

480
01:13:38,013 --> 01:13:39,148
be the perfect fifth for

481
01:13:39,148 --> 01:13:40,416
somebody that might think

482
01:13:40,416 --> 01:13:43,118
they need something with more range or

483
01:13:43,118 --> 01:13:44,319
bigger or what have you.

484
01:13:44,319 --> 01:13:45,287
Yeah. But this might be a

485
01:13:45,287 --> 01:13:46,455
great way to get into it.

486
01:13:46,455 --> 01:13:46,889
Well, it's a great

487
01:13:46,889 --> 01:13:48,223
entry-level airplane, right?

488
01:13:48,223 --> 01:13:49,258
I mean, what you have here.

489
01:13:49,491 --> 01:13:51,093
So first-time buyers just

490
01:13:51,093 --> 01:13:52,227
kind of starting out slow.

491
01:13:52,427 --> 01:13:54,930
This would be a great machine for them.

492
01:13:55,030 --> 01:13:59,735
Or pilots that have other businesses and

493
01:13:59,735 --> 01:14:01,737
flying isn't their main career.

494
01:14:02,037 --> 01:14:03,071
I would say that--

495
01:14:03,071 --> 01:14:03,672
They could have one.

496
01:14:04,106 --> 01:14:07,743
Probably about half of our owners are

497
01:14:07,743 --> 01:14:09,344
moving up out of piston

498
01:14:09,344 --> 01:14:11,246
aircraft and advancing their

499
01:14:11,246 --> 01:14:12,648
flying and their capabilities.

500
01:14:13,615 --> 01:14:15,083
Probably a quarter of our owners are

501
01:14:15,083 --> 01:14:16,518
moving down out of bigger aircraft.

502
01:14:16,885 --> 01:14:18,854
So say coming out of a Phenom or out of a

503
01:14:18,854 --> 01:14:20,389
Premier jet or a Citation jet,

504
01:14:21,056 --> 01:14:22,624
because maybe they're

505
01:14:22,624 --> 01:14:23,692
moving into retirement.

506
01:14:24,126 --> 01:14:24,927
They don't have the same

507
01:14:24,927 --> 01:14:27,029
travel needs they had before.

508
01:14:27,029 --> 01:14:27,696
They don't have as many

509
01:14:27,696 --> 01:14:28,664
people to carry around.

510
01:14:29,398 --> 01:14:30,466
This is easy to fly.

511
01:14:30,666 --> 01:14:33,669
They can be insured to fly it at a much

512
01:14:33,669 --> 01:14:35,037
older age because it is

513
01:14:35,037 --> 01:14:36,371
a turboprop versus a jet.

514
01:14:36,805 --> 01:14:39,074
So a lot of advantage is there, but

515
01:14:39,074 --> 01:14:40,008
they're not giving up

516
01:14:40,409 --> 01:14:42,344
what they were used to and capability

517
01:14:42,344 --> 01:14:43,712
from those bigger aircraft.

518
01:14:44,480 --> 01:14:47,049
And then I'd say the other quarter are

519
01:14:47,049 --> 01:14:49,351
what people are making lateral moves.

520
01:14:49,685 --> 01:14:51,453
Maybe coming out of some of our direct

521
01:14:51,453 --> 01:14:52,554
competitors into the

522
01:14:52,554 --> 01:14:53,989
Epic now that they're

523
01:14:54,156 --> 01:14:57,459
ready to trade in or retire their current

524
01:14:57,459 --> 01:14:59,094
version of a single engine turboprop.

525
01:14:59,995 --> 01:15:01,830
So what about Return to Land?

526
01:15:02,331 --> 01:15:03,232
Do you have Return to Land?

527
01:15:04,233 --> 01:15:06,568
Under its many names, we just call it

528
01:15:06,568 --> 01:15:07,369
what Garmin calls it,

529
01:15:07,369 --> 01:15:08,070
which is out of land.

530
01:15:08,303 --> 01:15:10,906
So yeah, Emergency out of Land is

531
01:15:10,906 --> 01:15:12,407
included in that five

532
01:15:12,407 --> 01:15:13,976
great 1 million dollar price.

533
01:15:13,976 --> 01:15:14,743
I have no idea what you

534
01:15:14,743 --> 01:15:15,544
guys are talking about.

535
01:15:15,544 --> 01:15:17,412
Our Return to Land, it sounds like the

536
01:15:17,412 --> 01:15:18,647
plane's going to land.

537
01:15:19,348 --> 01:15:20,549
As bad as you push it.

538
01:15:20,816 --> 01:15:21,316
Yeah, basically.

539
01:15:21,817 --> 01:15:22,317
Yeah, yeah.

540
01:15:22,317 --> 01:15:26,054
So essentially, we've

541
01:15:26,054 --> 01:15:28,223
upgraded this to have auto throttle.

542
01:15:28,490 --> 01:15:30,425
So Garmin's auto throttle manages the

543
01:15:30,425 --> 01:15:31,260
power on the engine.

544
01:15:32,394 --> 01:15:34,029
And there's some additional components

545
01:15:34,029 --> 01:15:36,565
they put in for an auto braking module,

546
01:15:37,165 --> 01:15:39,268
some relays that control gear and flaps

547
01:15:39,268 --> 01:15:40,836
and those sorts of things.

548
01:15:41,036 --> 01:15:43,138
And then all of that together enables

549
01:15:43,138 --> 01:15:45,674
their emergency auto land system, which

550
01:15:46,308 --> 01:15:49,444
if the pilot were to become incapacitated

551
01:15:49,444 --> 01:15:51,046
or unable to continue

552
01:15:51,046 --> 01:15:53,148
flying a passenger can push a

553
01:15:53,148 --> 01:15:54,416
button that the airplane

554
01:15:54,416 --> 01:15:55,617
is the take me home button.

555
01:15:55,918 --> 01:15:56,518
Yep, exactly.

556
01:15:56,985 --> 01:15:57,386
I love it.

557
01:15:57,386 --> 01:15:59,454
And the airplane actually makes decisions

558
01:15:59,454 --> 01:16:00,822
and makes emergency calls.

559
01:16:01,089 --> 01:16:03,425
It goes and picks an airport, voids

560
01:16:03,425 --> 01:16:06,295
weather and lands the aircraft safely.

561
01:16:06,728 --> 01:16:08,764
So sounds like a fun time.

562
01:16:08,764 --> 01:16:09,631
Yeah, absolutely.

563
01:16:10,265 --> 01:16:11,833
Real quick, manufactured where?

564
01:16:12,701 --> 01:16:13,302
Manufactured in the

565
01:16:13,302 --> 01:16:14,803
US and bend to Oregon.

566
01:16:15,370 --> 01:16:16,171
American made.

567
01:16:16,738 --> 01:16:17,005
Nice.

568
01:16:17,506 --> 01:16:18,106
Love it, Trevor.

569
01:16:18,240 --> 01:16:18,807
Thank you so much for

570
01:16:18,807 --> 01:16:20,008
talking to us on On the Jet.

571
01:16:20,609 --> 01:16:21,710
And I hope you have a good

572
01:16:21,710 --> 01:16:22,511
time with the rest of base.

573
01:16:22,511 --> 01:16:23,345
Absolutely, sir.

574
01:16:23,345 --> 01:16:23,979
Thank you for your time.

575
01:16:24,179 --> 01:16:24,813
All right, awesome.

576
01:16:25,047 --> 01:16:26,915
All right, I got Dante here from Aspen.

577
01:16:26,915 --> 01:16:28,684
And Dante is an aircraft broker.

578
01:16:29,051 --> 01:16:29,918
Dante, what are you

579
01:16:29,918 --> 01:16:31,086
excited to see at base this year?

580
01:16:31,954 --> 01:16:32,387
Everything.

581
01:16:32,721 --> 01:16:34,456
Like this is just an incredible event

582
01:16:34,456 --> 01:16:35,624
getting to get hands on

583
01:16:35,624 --> 01:16:36,458
with a lot of the different

584
01:16:36,458 --> 01:16:38,627
jets that are out on the market and learn

585
01:16:38,627 --> 01:16:39,995
about what sets different

586
01:16:39,995 --> 01:16:41,330
manufacturers apart from

587
01:16:41,363 --> 01:16:44,266
everybody else and identifying key

588
01:16:44,266 --> 01:16:45,334
features that will be

589
01:16:45,334 --> 01:16:46,435
important for my clients.

590
01:16:47,269 --> 01:16:47,469
Nice.

591
01:16:47,536 --> 01:16:49,304
So I noticed there's a lot of parties, a

592
01:16:49,304 --> 01:16:51,006
lot of events, a lot of things for people

593
01:16:51,006 --> 01:16:51,907
to get to know each other.

594
01:16:51,907 --> 01:16:52,574
How important is that

595
01:16:52,574 --> 01:16:53,275
aspect of the business?

596
01:16:53,675 --> 01:16:54,576
Oh, hugely important.

597
01:16:55,310 --> 01:16:56,945
Relationships is a big part of this.

598
01:16:57,779 --> 01:16:59,247
Being able to know and trust the

599
01:16:59,247 --> 01:16:59,881
individuals that you're

600
01:16:59,881 --> 01:17:01,883
working with is a key thing.

601
01:17:02,250 --> 01:17:05,354
So being able to meet up and have more

602
01:17:05,354 --> 01:17:06,088
intimate conversations

603
01:17:06,088 --> 01:17:07,756
because being on an exhibit floor,

604
01:17:08,724 --> 01:17:09,658
you're kind of limited

605
01:17:09,658 --> 01:17:10,726
on the time that you have.

606
01:17:10,726 --> 01:17:12,027
But being able to go out to those social

607
01:17:12,027 --> 01:17:12,828
events and being able

608
01:17:12,828 --> 01:17:13,895
to really dig in and

609
01:17:13,929 --> 01:17:15,597
get to know them for who they are and

610
01:17:15,597 --> 01:17:18,233
more than just their elevator

611
01:17:18,233 --> 01:17:21,136
pitch on their products is a

612
01:17:21,136 --> 01:17:21,670
big deal.

613
01:17:21,903 --> 01:17:24,206
So if I'm looking to own a jet, it sounds

614
01:17:24,206 --> 01:17:25,407
like I want to work

615
01:17:25,407 --> 01:17:26,174
with somebody that has

616
01:17:26,174 --> 01:17:27,376
these kind of relationships.

617
01:17:28,010 --> 01:17:30,512
And if they're not at base, maybe they

618
01:17:30,512 --> 01:17:31,947
don't have those kind of relationships.

619
01:17:31,947 --> 01:17:34,116
So I'm thinking out loud here as somebody

620
01:17:34,116 --> 01:17:35,150
that might want to own a jet,

621
01:17:35,183 --> 01:17:37,185
I probably want to work with somebody

622
01:17:37,185 --> 01:17:38,487
that's at these types of

623
01:17:38,487 --> 01:17:40,288
events that knows the right

624
01:17:40,288 --> 01:17:41,757
people in order to make sure that my

625
01:17:41,757 --> 01:17:42,924
transaction goes smooth

626
01:17:42,924 --> 01:17:43,992
and that I'm taken care of.

627
01:17:44,526 --> 01:17:44,726
Absolutely.

628
01:17:45,927 --> 01:17:48,730
As in anything, whether it's sales or

629
01:17:48,730 --> 01:17:49,364
personal life,

630
01:17:49,664 --> 01:17:51,767
relationships speak volumes to people.

631
01:17:52,034 --> 01:17:53,969
So if you can say that you know and trust

632
01:17:53,969 --> 01:17:54,870
an individual and you

633
01:17:54,870 --> 01:17:56,438
speak from a place of

634
01:17:57,105 --> 01:17:59,808
integrity, then that'll carry you far.

635
01:18:00,509 --> 01:18:00,776
Nice.

636
01:18:01,743 --> 01:18:04,279
As far as the different displays and jets

637
01:18:04,279 --> 01:18:05,147
and things that are out

638
01:18:05,147 --> 01:18:07,649
here at the static here at

639
01:18:07,649 --> 01:18:09,718
base, is there anything that you're just

640
01:18:09,718 --> 01:18:10,619
chomping at the bit to see?

641
01:18:10,619 --> 01:18:12,054
Is there anything that you're just like,

642
01:18:12,054 --> 01:18:13,455
man, it's pretty cool to

643
01:18:13,455 --> 01:18:14,823
know that this is here?

644
01:18:15,257 --> 01:18:15,690
Yeah.

645
01:18:15,690 --> 01:18:17,325
I mean, there's a lot of things here,

646
01:18:17,325 --> 01:18:18,527
like anything from Bombardier.

647
01:18:18,860 --> 01:18:20,662
Like I'm a huge fan of their stuff.

648
01:18:20,662 --> 01:18:21,096
Pilatus.

649
01:18:22,864 --> 01:18:25,033
Honda Jet is a great company too.

650
01:18:25,033 --> 01:18:27,235
But we're constantly working with people

651
01:18:27,235 --> 01:18:29,271
who are looking more in that mid-market.

652
01:18:29,304 --> 01:18:31,139
That's why Bombardier is one that I'm

653
01:18:31,139 --> 01:18:31,873
really excited to be

654
01:18:31,873 --> 01:18:34,409
able to get inside of and be

655
01:18:34,409 --> 01:18:35,977
able to talk with them and learn more

656
01:18:35,977 --> 01:18:37,112
about what they've got coming.

657
01:18:37,746 --> 01:18:37,913
Nice.

658
01:18:37,913 --> 01:18:38,346
So hopefully we'll

659
01:18:38,346 --> 01:18:39,247
get a chance to do that.

660
01:18:39,581 --> 01:18:40,749
Dante, thank you so much for talking to

661
01:18:40,749 --> 01:18:42,451
me and look forward to

662
01:18:42,451 --> 01:18:43,151
seeing you more at base.

663
01:18:43,285 --> 01:18:43,518
Yeah.

664
01:18:43,518 --> 01:18:44,119
Thanks for having me on.

665
01:18:52,227 --> 01:18:53,695
We're about halfway through day two here.

666
01:18:53,695 --> 01:18:56,064
The static was a lot of fun, but we have

667
01:18:56,064 --> 01:18:57,032
come back to the trade show.

668
01:18:57,032 --> 01:18:58,467
There's a lot of people at the trade show

669
01:18:58,467 --> 01:18:59,167
on the trade show floor

670
01:18:59,167 --> 01:19:00,235
that we still need to talk to.

671
01:19:00,535 --> 01:19:02,003
So we are going to go see

672
01:19:02,003 --> 01:19:03,839
what else base has to offer.

673
01:19:04,506 --> 01:19:06,908
So NBAA is all about aviation.

674
01:19:06,908 --> 01:19:08,844
Apparently somebody brought a spaceship.

675
01:19:08,844 --> 01:19:11,313
So we're here talking to Adam from

676
01:19:11,313 --> 01:19:14,750
OTTO Aerospace about the-

677
01:19:15,083 --> 01:19:16,451
is it the Phantom 3500?

678
01:19:16,451 --> 01:19:17,352
Phantom 3500, yes.

679
01:19:17,819 --> 01:19:18,854
Dude, you have to tell me about this

680
01:19:18,854 --> 01:19:20,088
because this thing looks insane.

681
01:19:20,088 --> 01:19:21,890
It doesn't have any-- there's no like

682
01:19:21,890 --> 01:19:23,759
visible doors, windows panels.

683
01:19:24,025 --> 01:19:25,827
It's like Flight of the

684
01:19:25,827 --> 01:19:26,862
Navigator or something, right?

685
01:19:27,429 --> 01:19:28,930
So yeah, tell me about it.

686
01:19:28,930 --> 01:19:29,231
Yeah.

687
01:19:29,231 --> 01:19:30,599
So we're with OTTO Aerospace,

688
01:19:30,599 --> 01:19:32,167
and this is our Phantom 3500.

689
01:19:32,167 --> 01:19:33,668
It's our launch product.

690
01:19:33,668 --> 01:19:34,736
It's our first aircraft

691
01:19:34,736 --> 01:19:35,670
that we'll come out with.

692
01:19:36,705 --> 01:19:37,439
And while not a

693
01:19:37,439 --> 01:19:39,007
spaceship, we do fly a lot higher.

694
01:19:39,241 --> 01:19:40,976
So we fly at about 51,000 feet.

695
01:19:41,910 --> 01:19:42,911
So you know, you go westbound, you're

696
01:19:42,911 --> 01:19:43,745
going over the jet stream.

697
01:19:43,745 --> 01:19:45,514
But our total mission here at

698
01:19:45,514 --> 01:19:46,915
OTTO Aerospace is using

699
01:19:46,915 --> 01:19:48,183
what's called laminar flow,

700
01:19:48,183 --> 01:19:49,584
which is the orderly flow

701
01:19:49,584 --> 01:19:52,020
of a fluid over a surface.

702
01:19:52,487 --> 01:19:52,754
Right?

703
01:19:52,754 --> 01:19:53,755
In this case, it's air.

704
01:19:53,788 --> 01:19:55,724
And what that allows us to do is we take

705
01:19:55,724 --> 01:19:57,159
the energy required for

706
01:19:57,159 --> 01:19:58,793
flight out by about 50%.

707
01:19:59,561 --> 01:20:01,129
So when you do that, what you get is

708
01:20:01,129 --> 01:20:02,230
instead of what-- sometimes

709
01:20:02,230 --> 01:20:03,431
you hear of a vicious cycle.

710
01:20:03,765 --> 01:20:05,133
We have what's called a virtuous cycle.

711
01:20:05,367 --> 01:20:06,701
So everything starts to get lighter.

712
01:20:06,701 --> 01:20:08,136
So if you see our engines on there,

713
01:20:08,136 --> 01:20:10,172
they're Williams FJ44-4 engines.

714
01:20:10,572 --> 01:20:12,807
They've got about 13, 14 million hours of

715
01:20:12,807 --> 01:20:14,109
operational space out there.

716
01:20:14,676 --> 01:20:15,577
They look really small

717
01:20:15,577 --> 01:20:17,012
on an aircraft this size.

718
01:20:17,012 --> 01:20:18,146
And that's intentional, right?

719
01:20:18,146 --> 01:20:20,148
We don't need the propulsion that you

720
01:20:20,148 --> 01:20:21,149
would normally need for

721
01:20:21,149 --> 01:20:22,784
an aircraft of this size,

722
01:20:23,118 --> 01:20:25,420
because we cut that weight down in half.

723
01:20:25,420 --> 01:20:26,521
So it's a super-mid aircraft.

724
01:20:26,788 --> 01:20:28,223
It's a max range 3500

725
01:20:28,223 --> 01:20:29,357
nautical mile aircraft.

726
01:20:29,925 --> 01:20:31,092
But instead of being about 40,000 to

727
01:20:31,092 --> 01:20:32,994
42,000 pounds max takeoff weight,

728
01:20:33,228 --> 01:20:34,462
we're at 19,000

729
01:20:34,462 --> 01:20:35,864
pounds max takeoff weight.

730
01:20:36,298 --> 01:20:37,065
So when you look at that

731
01:20:37,065 --> 01:20:38,733
overall weight of the aircraft,

732
01:20:38,733 --> 01:20:41,236
we're roughly half of what others in this

733
01:20:41,236 --> 01:20:43,772
space, in this Supermid category, are.

734
01:20:44,072 --> 01:20:46,208
I can imagine it takes a lot less fuel.

735
01:20:46,441 --> 01:20:47,676
And that's a big

736
01:20:47,676 --> 01:20:49,811
expense with flying private.

737
01:20:50,111 --> 01:20:51,213
You have to pay for a lot of fuel.

738
01:20:51,213 --> 01:20:51,479
Absolutely.

739
01:20:51,746 --> 01:20:55,984
So compared to competitors in that space,

740
01:20:55,984 --> 01:20:56,685
in the Supermid space,

741
01:20:56,985 --> 01:20:58,987
we're about 60% more fuel efficient.

742
01:20:59,754 --> 01:21:01,389
So you have massive reduction in fuel.

743
01:21:01,890 --> 01:21:02,791
You also have about

744
01:21:02,791 --> 01:21:04,859
overall operating costs,

745
01:21:04,859 --> 01:21:05,460
the direct operating

746
01:21:05,460 --> 01:21:06,494
costs on an hourly basis,

747
01:21:06,795 --> 01:21:09,164
of about 40% less, including fuel,

748
01:21:09,164 --> 01:21:09,931
maintenance, et cetera.

749
01:21:10,465 --> 01:21:13,568
The other benefit of it is, from a

750
01:21:13,568 --> 01:21:14,669
sustainability perspective,

751
01:21:14,669 --> 01:21:15,470
you're cutting out a

752
01:21:15,470 --> 01:21:17,505
huge amount of fuel, right?

753
01:21:17,839 --> 01:21:19,274
We also fly higher.

754
01:21:19,274 --> 01:21:20,308
So we fly at 51,000 feet.

755
01:21:20,308 --> 01:21:21,209
When you start to get up

756
01:21:21,209 --> 01:21:23,144
towards 51,000, 53,000 feet,

757
01:21:23,645 --> 01:21:24,613
contrails start to go away.

758
01:21:25,513 --> 01:21:27,048
And when you start to limit at contrails,

759
01:21:27,048 --> 01:21:28,783
you're not only limiting emissions from

760
01:21:28,783 --> 01:21:29,584
the propulsion system,

761
01:21:29,851 --> 01:21:32,220
but you're also affecting the overall

762
01:21:32,220 --> 01:21:35,557
global warming effect from the aircraft.

763
01:21:35,557 --> 01:21:36,891
When you start to lose those contrails,

764
01:21:37,192 --> 01:21:39,060
if we fly 100% SAF in the engine, which

765
01:21:39,060 --> 01:21:39,895
the engine is rated for,

766
01:21:40,328 --> 01:21:41,363
and you fly at that altitude,

767
01:21:41,563 --> 01:21:43,732
you can eliminate the global warming

768
01:21:43,732 --> 01:21:46,334
effect by about 97% on that flight.

769
01:21:46,334 --> 01:21:47,469
So it's truly astounding.

770
01:21:47,869 --> 01:21:49,070
And you can do it where

771
01:21:49,070 --> 01:21:49,904
it's still cost effective.

772
01:21:49,904 --> 01:21:51,373
Without the contrails, how are you

773
01:21:51,373 --> 01:21:52,307
supposed to continue to

774
01:21:52,307 --> 01:21:53,208
control people's minds?

775
01:21:55,110 --> 01:21:55,644
It's very difficult.

776
01:21:55,844 --> 01:21:57,212
We haven't released that secret yet.

777
01:21:57,612 --> 01:21:58,313
Okay, okay.

778
01:21:58,313 --> 01:21:59,147
We're going to get to that.

779
01:21:59,281 --> 01:21:59,981
That's next.

780
01:21:59,981 --> 01:22:00,682
Okay, okay.

781
01:22:01,283 --> 01:22:02,751
So who's this for?

782
01:22:02,951 --> 01:22:06,588
Who's the market for this jet?

783
01:22:06,988 --> 01:22:07,689
Yeah, so our first

784
01:22:07,689 --> 01:22:09,691
product, the Phantom 3500,

785
01:22:09,691 --> 01:22:10,292
we've just gone

786
01:22:10,292 --> 01:22:11,893
announced with our great partner

787
01:22:11,893 --> 01:22:14,062
and our launch customer, FlexJet,

788
01:22:14,462 --> 01:22:15,897
who is a fractional service.

789
01:22:16,231 --> 01:22:18,466
And this is a business jet market.

790
01:22:18,500 --> 01:22:20,468
And that is where we're starting, under

791
01:22:20,468 --> 01:22:21,636
our Part 23 certification.

792
01:22:22,404 --> 01:22:23,705
And then we'll expand from there.

793
01:22:23,705 --> 01:22:26,074
So that traditional super mid and below

794
01:22:26,074 --> 01:22:27,442
business jet market,

795
01:22:27,442 --> 01:22:29,010
because it's a super mid capability,

796
01:22:29,010 --> 01:22:30,412
but you're operating at much lower costs.

797
01:22:30,879 --> 01:22:32,714
So we can really go after that overall

798
01:22:32,714 --> 01:22:33,515
business jet market.

799
01:22:33,782 --> 01:22:34,983
And then we'll expand from there with

800
01:22:34,983 --> 01:22:35,550
what we'll call our

801
01:22:35,550 --> 01:22:36,651
future larger aircraft.

802
01:22:36,651 --> 01:22:37,619
But we haven't come out with that yet.

803
01:22:38,186 --> 01:22:39,788
That's next, and we'll go bigger, right?

804
01:22:39,788 --> 01:22:40,789
So we'll go look at Intercontinental.

805
01:22:41,022 --> 01:22:43,091
We can look at other spaces with it.

806
01:22:43,091 --> 01:22:45,427
But we're starting where we think is the

807
01:22:45,427 --> 01:22:46,528
pragmatic place to

808
01:22:46,528 --> 01:22:47,329
start within the market.

809
01:22:48,096 --> 01:22:49,898
And a great path to a

810
01:22:49,898 --> 01:22:51,700
certification path under Part 23.

811
01:22:52,200 --> 01:22:53,335
Working with great partners, great

812
01:22:53,335 --> 01:22:55,603
customers in FlexJet.

813
01:22:55,971 --> 01:22:57,105
And we'll go from there.

814
01:22:57,339 --> 01:22:59,874
So when can I fly on one of these things?

815
01:22:59,874 --> 01:23:00,475
When can I book a

816
01:23:00,475 --> 01:23:02,010
flight on a Phantom 3500?

817
01:23:02,310 --> 01:23:03,745
So our entry in the service,

818
01:23:03,945 --> 01:23:05,914
our EIS, is planned for 2030.

819
01:23:06,448 --> 01:23:07,215
So what you see behind you

820
01:23:07,215 --> 01:23:08,683
here with the Phantom 3500,

821
01:23:09,050 --> 01:23:10,352
we're in the process of putting that

822
01:23:10,352 --> 01:23:12,087
together now with our partners.

823
01:23:12,687 --> 01:23:13,355
And we will fly.

824
01:23:13,355 --> 01:23:14,656
We've flown prototypes and demonstrators

825
01:23:14,656 --> 01:23:15,657
in the past at auto.

826
01:23:16,391 --> 01:23:17,525
But this next one, flight

827
01:23:17,525 --> 01:23:19,194
test vehicle one of four,

828
01:23:19,194 --> 01:23:20,895
will be flown in Jacksonville, Florida,

829
01:23:20,996 --> 01:23:21,730
where we're moving

830
01:23:21,730 --> 01:23:24,065
the company to in 2027.

831
01:23:24,566 --> 01:23:25,767
And then after that, you'll have flight

832
01:23:25,767 --> 01:23:27,068
test vehicles two through four,

833
01:23:27,302 --> 01:23:29,003
which will be our certification articles.

834
01:23:29,371 --> 01:23:30,705
They'll be conforming aircraft and we'll

835
01:23:30,705 --> 01:23:32,107
go keep them through the

836
01:23:32,107 --> 01:23:32,807
rest of the certification

837
01:23:32,874 --> 01:23:35,543
process with a planned timeline of 2030

838
01:23:35,543 --> 01:23:36,311
entry in the service.

839
01:23:36,611 --> 01:23:37,212
That's awesome.

840
01:23:37,445 --> 01:23:38,513
We will get you in there in 2030.

841
01:23:38,813 --> 01:23:40,115
Honestly, this is one of the coolest

842
01:23:40,115 --> 01:23:41,316
things I've seen on the trade show floor.

843
01:23:41,683 --> 01:23:44,486
So yeah, OTTO aerospace Phantom 3500.

844
01:23:44,586 --> 01:23:47,155
Thank you so much for talking to me about

845
01:23:47,155 --> 01:23:48,490
this and showing it off.

846
01:23:48,723 --> 01:23:49,190
Yeah, cool.

847
01:23:49,190 --> 01:23:49,557
Thanks a lot.

848
01:23:49,824 --> 01:23:51,626
So thank you for joining us on our

849
01:23:51,626 --> 01:23:53,194
journey to MBAA's base

850
01:23:53,194 --> 01:23:55,096
2025 here in Las Vegas,

851
01:23:55,096 --> 01:23:56,731
where we got to learn a little bit about

852
01:23:56,731 --> 01:23:58,266
what it takes to own the jet.

853
01:23:59,100 --> 01:24:00,235
Thank you for watching Own the Jet.

854
01:24:00,635 --> 01:24:02,170
If you want to see more Own the Jet, make

855
01:24:02,170 --> 01:24:03,004
sure to subscribe to

856
01:24:03,004 --> 01:24:03,872
our channel on YouTube

857
01:24:03,905 --> 01:24:05,373
and leave a comment telling us what

858
01:24:05,373 --> 01:24:06,408
aspect of jet ownership

859
01:24:06,408 --> 01:24:07,809
you'd like to know more about.

860
01:24:08,410 --> 01:24:09,210
Own the Jet is brought to

861
01:24:09,210 --> 01:24:10,311
you by Aspen Aero Group,

862
01:24:10,678 --> 01:24:12,247
your trusted partner in private and

863
01:24:12,247 --> 01:24:13,148
corporate jet ownership.

864
01:24:13,748 --> 01:24:15,750
Learn more at Aspen Aero Group dot com.

865
01:24:16,384 --> 01:24:17,952
This has been a Savage Media production.