AAE 451 Senior Aircraft Design Spring 2006 Systems Requirement Review Group VI Team Members: John Collins Chad Davis Chris Fles Danny Sze Ling Lim Justin Rohde Ryan Schulz Ronald Wong Yusaku Yamashita Business Case Objective: To determine the feasibility of an alternate fuel business or general aviation (GA) aircraft. Who would buy our plane? • Air Charter (Pogo, Net Jets) Pogo predicts the capture of 2% of 30 million trips < 500 miles is profitable • Air Taxi (Linear Air, One Sky) Linear Air taxi - 16,000 pax./day traveling within 500 nm • Corporate Flight Departments Small - medium size businesses What are we selling? • 6-passenger Alternative Fueled Twin-Engine Propeller-Driven Aircraft Affordable Operating Costs Viable replacement for current aging fleet of business aircraft Current Market Global fleet of business turboprop aircraft totaled 9,785 in 2002. In 2002, air taxi accounted for 3.9% of GA aircraft usage; business accounted for 24.2%. 40% of current standing orders are from small-business fractional operators (Honeywell). 76% of turboprops operated are light (< 12,500 lbs GTOW) Within current U.S. business aircraft fleet: • 28.3% Light Jet (Avg. age: 16.1 years) • 2.7% Light Turboprop (Avg. age: 7.1 years) • 37.3% Medium Turboprop (Avg. age: 21.8 years) Projected Market Projected overall market worth of $107.5 billion within ten years for new aircraft sales. Fractional ownership expected to increase from 10% to 24% in 2012 (Rolls-Royce). An estimated 20% of business market using air taxi services by 2010’s (Eclipse). Foreign Markets Europe World’s second largest business aircraft fleet • 2,250 Aircraft; 1,432 are jets In Moscow, business aviation is expected to grow with a vast Air Taxi network envisaged. Operational flexibility attracting interest from airliners such as Lufthansa to launch their own private jet business. Information from www.EBAA.org • 866 air taxi companies operating 1,190 aircraft • 615 flight departments owned by European corporations operating 861 aircraft Asia Within 20 years China will buy 2,400 aircraft worth US $200 billion Projected Market Share Sources of sales: • Replacement of aging fleets (majority of new aircraft purchases). • First-time purchases from small businesses previously unable to afford ownership. • Air taxi services new to market. Goal of 50-100 aircraft per year in initial sales. Capture/retain minimum 20% market share as percentage overall of business/air taxi sales increase. Customer Attributes Operators • Performance Speed Range Takeoff Distance Ceiling • Economics Direct Operating Costs / Acquisition costs Reliability and Maintainability Turn over time Support and Training Upgradeable • Safety Noise and Vibrations issues • Aesthetics Interior Design End Users • Performance Speed Range • Economics Ticket Prices Reliability and Availability • Safety Noise and Vibrations Issues Weather Restrictions • Aesthetics Comfort Cabin Size QFD Matrix Design Requirements • • • • • • Performance Max. Range ~ 1000 nm Max. Speed ~ 300 kts Cruise Speed ~ 240kts Ceiling ~ 25,000 ft Gross Weight ~ 8500 lb T.O./Landing Distance < 2100 ft General Characteristics • Cost efficient • Use Renewable Source of Fuel • Reduce CO2 and NOx Emissions • Low Noise • FAR compliance Competing Aircraft Eclipse 500 – 2300 aircraft orders Adam A700 – 280 aircraft sales Cessna Mustang – 230 aircraft sales Representative Design Mission 500 nm range 45 Min. Reserve IFR Cruise at 250-300 KCAS Climb to 25,000 ft. Take-off 2100 ft. Runway 10 Min. Taxi Descend for Landing Economy Cruise Begin IFR Landing Execute Missed Landing 1 pilot (225 lbs.) 6 passengers (225 lbs. each, including luggage) 1575 lbs. total payload Land 2100 ft. Runway Questions