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The Financial Learning Curve with New Airplanes

Sometimes it is hard to tell the difference between being carefully aggressive and being foolish. Dick Karl
Gemini Sparkle

Key Takeaways:

  • The author purchased his dream jet, a Beech Premier 1, but immediately faced operational challenges, including initial flight restrictions and a nagging doubt about his proficiency and financial capability.
  • He encountered a persistent "roll fail" and "speedbrake fail" caution, leading to a diagnosis of an expensive actuator repair potentially costing over $33,000, which heightened his financial concerns as a retired individual.
  • Simultaneously, a critical glitch in the navigation database led to Rockwell Collins deleting 10,000 approaches, creating a significant navigation challenge and safety concern for the author.
  • Despite these considerable mechanical and navigational hurdles, a flight with a highly competent friend in a similar jet renewed his appreciation for his own aircraft, reminding him of the initial dream and magnificence of his purchase.
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No matter how rewarding and clean and bright it feels to say, “I’m going for it,” there is always a nagging doubt that maybe, just maybe, this is nuts.

Dick Karl

Dick Karl is a cancer surgeon who appreciates the beauty and science involved in both surgery and flying. Dick’s monthly Gear Up celebrates the human side of flying. He writes about his enthusiasm for both the machines and the people who fly and maintain them.

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