When I was a kid, the airplane that "caused Mooney to go bankrupt" was the M22 (Mustang). The first single engine general aviation pressurized aircraft. It had the eight cylinder Lycoming O-720 and flew in the "Flight Levels". Mooney was the "First" in many innovative products and has operated with limited financial backing FOREVER. The flight test of the Mooney design I have was accomplished with a borrowed propeller (designed in 1946).
It's insane about the M10. Diesel motor, Mooney, two gull doors, composite, newest avionics, if it carried the same no maintenence gear, Sold, Sold, SOLD!!! Heartbreaker
The Cirrus is Chinese owned…and it dominates the market. The problem with the Skycatcher was not China…it was too expensive to buy and operate for flight schools.
If I'm not interested in a Chinese car, let alone Chinese "scooter" that only goes 30 mph, I'm certainly not interested in riding in a Chinese aircraft. Unless I have no choice and forced to. Scary! lol
@justsomejoe3632 The insurance companies ALWAYS win, including when things go wrong for you. First, they will try to find a loophole to avoid paying, but even if they do pay, it is part of the big plan. They need to pay a little bit out here and there in order to justify taking in the vast sums everywhere else. You would be money ahead if you put aside your premiums for when something does go wrong. Without insurance forced upon us, many things would be significantly cheaper. For instance, many years ago, the cost of a compressor disc on a Bell 206 was well above $30,000.00. Significantly more than half of that cost was to cover liability insurance on the disc in case it broke, yet I've never heard of anyone collecting because of a failed compressor. The insurance companies ALWAYS win and the world would be much better off without them.
@mojogrip great video! So what would be the drawbacks for someone that buys a cessna 162? Will they be grounded? Or will servicing them become too expensive? Thank you for your time.
Operating costs and replacement part availability makes the C162 a poor purchase. It’s crazy but a 50+ year old C152 is a better flight school airplane, with a lower acquisition cost and operating costs.
Always loved the way the Aerostar looked, something super clean about a straight mid wing. Don't think it needed twin jets though, the market for that category is pretty well Textron/Cessnas domain.
5:11: No. The TTX was not the fastest single engine production airplane. That title belonged and still belongs to the Mooney Acclaim. The TTX was the fastest non-retractable single engine production airplane.
Click bait title Mike… Mooney went on to develop the Ovation Ultra and the Acclaim Ultra, separately from the M10 project. There have been more changes of ownership… but, bankruptcy wasn’t the issue…. 😃
Its weird to see the TTx on the list. It may just be because my airport has a Van Bortel dealer, but I see TTxs so much, freaking drowning in them! And many I see also aren’t always in for the dealer.
I'm just learning about the smaller personal aircraft market, but the Mooney M10 with a diesel engine that only puts out 155 HP? Diesel engines are generally reliable, or more reliable than gasoline engines, but they produce torque, not horsepower generally for towing items. Seems odd choice for aircraft.
Flying is now out of reach of all but the wealthy. It costs more than $500,000 for a new Cessna 172; if a primary trainer costs more than a nice house, forget it.
When I see a new plane being announced, I don't know what the cruising speed, consumption or range will be, but I already know that it will be very expensive, so I'm not even interested. It's easier to dream about what already exists on the market like a good used Piper or Cessna.
Back in the 80’s McDonnell I think it was had a single on the boards a single pilot tandem seated that they called the Eagle prior to the fighter. I think it was exploratory… saw it on one of the flying mag way back when…
Guess I don't understand all I know. I remember that Mooney bought the rights to the old ercoupe(alon) then took away the twin tails and replaced them with a single Mooney tail. To my recollection, they called it a Mooney 10 cadet.
Panthera is still experimental that’s what makes it expensive to insure. There are no updates on the FAA certification which was supposed to be received this year.
It's to bad Piper Brass didn't say, hey, let's co=make this jet with another company or two. Maybe they would have sold a lot of Piper Jets. You could have a jet for a subdivision or group of owners in say Naples, Florida.
If the Piper single engine aircraft cost around the same as a 2 engine jet aircraft, yeah not a good idea to market that plane at all. I'm all for redundancy in aircraft! lol
I didn't like the Mooney, fuse was too skinny and cramped not comfortable enough for long range flying after about 2.5 hours I had to land so I could stretch out for a few and that's annoying not to need a fuel stop but to just stretch.
You're both right. The Cybertruck has bulletproof glass that isn't, it cannot climb a curb in the Tesla parking lot and it was rescued by a Ford Pickup when it diverted off a trail. A big bonus is not retrieving anything in the bed from the side, the way you can on every other Pickup.
What's weird to me about the Panthera is it's touted as being a very modern, safe, and easy to fly airplane. It's a retract which doesn't help that cause, but so are a lot of other planes that are easier to insure. My only guess is there aren't a lot in the air so the insurance companies are keeping the requirements high until there is more data available.
In terms of fuel economy, range, speed, and efficiency Mooney by far has a superior airplane, but unfortunately people just seem to have a raging boner over the parachute
Compare the C162 with a Tecnam 2008 and you will understand why nobody want that "sitting duck" poor looking, china made aircraft. What at Cessna had in their mind when they started this project?
No true about ttx I have 3 Cessna provide plenty parts as any Cessna as you know Cessna has airplane even not in production since 60 years and still you have the part in 24 hrs send it to you any where in the plane make … so please research more before
I kills me the Mooney m10 ate the dust, such a beautiful plane
When I was a kid, the airplane that "caused Mooney to go bankrupt" was the M22 (Mustang). The first single engine general aviation pressurized aircraft. It had the eight cylinder Lycoming O-720 and flew in the "Flight Levels". Mooney was the "First" in many innovative products and has operated with limited financial backing FOREVER. The flight test of the Mooney design I have was accomplished with a borrowed propeller (designed in 1946).
It's insane about the M10. Diesel motor, Mooney, two gull doors, composite, newest avionics, if it carried the same no maintenence gear, Sold, Sold, SOLD!!!
Heartbreaker
Nice job Mike.
The Cessna Skycatcher was doomed when they announced that it would be made in China.
The Cirrus is Chinese owned…and it dominates the market.
The problem with the Skycatcher was not China…it was too expensive to buy and operate for flight schools.
It did annoy (anger) their potential customers when they announced it.
I don't know man, 737 max isn't made in China yet it kills people
If I'm not interested in a Chinese car, let alone Chinese "scooter" that only goes 30 mph, I'm certainly not interested in riding in a Chinese aircraft. Unless I have no choice and forced to. Scary! lol
@@tz6516but still manufactured in the US, Duluth MN
I absolutely love your videos.
I would own a Panthera without insurance if it’s that expensive. That Mooney M10 does look like an awesome plane too.
Panthera was $ 500K plane, then Textron bought the company, now it is $1M plane
@justsomejoe3632 Buying insurance is like playing video lottery terminals, you never win; the VLTs and the insurance companies ALWAYS win.
@justsomejoe3632 The insurance companies ALWAYS win, including when things go wrong for you. First, they will try to find a loophole to avoid paying, but even if they do pay, it is part of the big plan. They need to pay a little bit out here and there in order to justify taking in the vast sums everywhere else. You would be money ahead if you put aside your premiums for when something does go wrong. Without insurance forced upon us, many things would be significantly cheaper. For instance, many years ago, the cost of a compressor disc on a Bell 206 was well above $30,000.00. Significantly more than half of that cost was to cover liability insurance on the disc in case it broke, yet I've never heard of anyone collecting because of a failed compressor. The insurance companies ALWAYS win and the world would be much better off without them.
You can't fly without ins.
The insurance on the panthera is probably due to the retractable landing gear. It would’ve been a cirrus killer
one of my favorite nu planes
It's thanks to the piper jet that we have the vision jet
They were developed at the same time. Both 2006. Only one made it.
@mojogrip great video! So what would be the drawbacks for someone that buys a cessna 162? Will they be grounded? Or will servicing them become too expensive? Thank you for your time.
Operating costs and replacement part availability makes the C162 a poor purchase.
It’s crazy but a 50+ year old C152 is a better flight school airplane, with a lower acquisition cost and operating costs.
The Aerostar Jet would have been awesome. Looks like a mini 737
Always loved the way the Aerostar looked, something super clean about a straight mid wing. Don't think it needed twin jets though, the market for that category is pretty well Textron/Cessnas domain.
loved this bird a aero star on roids😅
Thanks for your information. I am looking foward to get my pilot license.
5:11: No. The TTX was not the fastest single engine production airplane. That title belonged and still belongs to the Mooney Acclaim. The TTX was the fastest non-retractable single engine production airplane.
Click bait title Mike…
Mooney went on to develop the Ovation Ultra and the Acclaim Ultra, separately from the M10 project.
There have been more changes of ownership… but, bankruptcy wasn’t the issue…. 😃
You did not say why Piper pulled the plug on their jet.
Its weird to see the TTx on the list. It may just be because my airport has a Van Bortel dealer, but I see TTxs so much, freaking drowning in them! And many I see also aren’t always in for the dealer.
A friend of mine owns a skycatcher. He loves the little plane, it has been good for him.
The Skycatcher @ 3:50 (N6029G) flies out of one of the other locations that the flight school I'm attending operates out of!
Interesting to know of...
I'm just learning about the smaller personal aircraft market, but the Mooney M10 with a diesel engine that only puts out 155 HP? Diesel engines are generally reliable, or more reliable than gasoline engines, but they produce torque, not horsepower generally for towing items. Seems odd choice for aircraft.
One of the reasons planes are hard to sell, is lack of pilots with the money and time to buy and fly them.
Mike today I enjoy the jet you show me I will buy one,I will call you soon.
Why was the Panthera so expensive to insure?
Probably because its foreign made. That kinda double certification for that level of plane must hike up the liability
It is not a certified design. It is experimental.
Maybe because currently it's only available in the experimental category and not as a certified aircraft.
Flying is now out of reach of all but the wealthy. It costs more than $500,000 for a new Cessna 172; if a primary trainer costs more than a nice house, forget it.
When I see a new plane being announced, I don't know what the cruising speed, consumption or range will be, but I already know that it will be very expensive, so I'm not even interested. It's easier to dream about what already exists on the market like a good used Piper or Cessna.
Every Columbia 400 I’ve ever seen had cracks in the composite body all along the doors & windshield. Scary
Excellent Video! 💯
Back in the 80’s McDonnell I think it was had a single on the boards a single pilot tandem seated that they called the Eagle prior to the fighter. I think it was exploratory… saw it on one of the flying mag way back when…
Very good
I love aviation and its sad. "The best way to make a million dollars in aviation is to start with a billion."
I wish Cessna would revitalize the 162 with an actual cost of 100k or less.
I wish I could fly at look up academy
Where do you find diesel fuel at the field??
Jet-A is winter Diesel.
Jet A is more available (and often less expensive per gallon) than 100LL av gas.
Guess I don't understand all I know. I remember that Mooney bought the rights to the old ercoupe(alon) then took away the twin tails and replaced them with a single Mooney tail. To my recollection, they called it a Mooney 10 cadet.
Panthera is still experimental that’s what makes it expensive to insure. There are no updates on the FAA certification which was supposed to be received this year.
I thought it was slated for next year? All articles I've seen say 2024.
Look like the new owner Textron doesnt care about certification
It's to bad Piper Brass didn't say, hey, let's co=make this jet with another company or two. Maybe they would have sold a lot of Piper Jets. You could have a jet for a subdivision or group of owners in say Naples, Florida.
i thought you were going to say, the BBJ 787-ER
Thankfully, only 5 small planes failed. 5 out of a million small planes is a pretty good statistic.
I like videos, from Malawi. I hope some day we will fly together.
crowded market😢
What I want but I can’t find anymore is a canard ultralight. 😂
wow a lot of good-looking planes that are obsolete.
The TTx was never the fastest certified single. The Mooney Acclaim is significantly faster.
If the Piper single engine aircraft cost around the same as a 2 engine jet aircraft, yeah not a good idea to market that plane at all. I'm all for redundancy in aircraft! lol
intersting but mistotled cast.
I didn't like the Mooney, fuse was too skinny and cramped not comfortable enough for long range flying after about 2.5 hours I had to land so I could stretch out for a few and that's annoying not to need a fuel stop but to just stretch.
I wish Elon Musk would apply his manufacturing techniques toward making an airplane. It would revive the industry.
In a recent interview Elon said he has an airplane design in his head…but said he doesn’t have the time to pursue it right now.
You're both right. The Cybertruck has bulletproof glass that isn't, it cannot climb a curb in the Tesla parking lot and it was rescued by a Ford Pickup when it diverted off a trail. A big bonus is not retrieving anything in the bed from the side, the way you can on every other Pickup.
Manufacturing techniques would not solve the insurance/liability problems.
What's weird to me about the Panthera is it's touted as being a very modern, safe, and easy to fly airplane. It's a retract which doesn't help that cause, but so are a lot of other planes that are easier to insure. My only guess is there aren't a lot in the air so the insurance companies are keeping the requirements high until there is more data available.
The 162 behaves like a mosquito in the wind that was a bad experience, do not fly that one in any wind conditions.
It's spelled Panthera but pronounced Pahn-Tera...
I always disliked the 162 with great hatred I just don't like how the thing looks it looks like a toy.
In terms of fuel economy, range, speed, and efficiency Mooney by far has a superior airplane, but unfortunately people just seem to have a raging boner over the parachute
China was involved in Mooney too wasn’t it?
And Cirrus.
None of these planes offer a B R S .
Compare the C162 with a Tecnam 2008 and you will understand why nobody want that "sitting duck" poor looking, china made aircraft. What at Cessna had in their mind when they started this project?
Skycatcher: Made in China. There's the reason it failed. I would never fly something made in China.
If you come to buy Panthere in EU you can take it for 600.000$, but the problem is that it's just experimental.
No true about ttx
I have 3 Cessna provide plenty parts as any Cessna as you know Cessna has airplane even not in production since 60 years and still you have the part in 24 hrs send it to you any where in the plane make … so please research more before
Really??
So you are saying there are parts?
The TTX is a beautiful bird.
@@zutrue I own a 2006 Columbia 400 and a 2017 Cessna TTX. Getting parts and support from Cessna is not a problem at all.