Eclipse vs.

Mustang
OPERATING ECONOMICS

INTRODUCTION
This Operating Economics guide is a comparison tool for estimating the operating costs of a new,
typically-equipped, Eclipse 550 versus a similarly equipped Citation Mustang. The actual operating costs
of an aircraft will vary according to mission profiles flown, types of airports used, maintenance practices,
geographical location and utilization. Cost may vary given optional items ordered with the aircraft.

Citation Mustang data source: Cessna’s ‘Citation Mustang: Guide to

Operating Economics,’ published February 2012 and Mustang AFM.

Eclipse 550 data source: Actual performance numbers as compiled by the

manufacturer and published in the AFM.

© 2013 Eclipse Aerospace, Inc.

13.3.28 EAI vs Mustang OE Comp
 Operating Economics Comparison 2

ECLIPSE 550 VS CITATION MUS TAN G

In the following pages, the Eclipse 550 and Citation Mustang are compared with regard to speed, fuel
consumption, direct operating cost, fixed annual costs, and the total annual budget. In each of these
categories, the Eclipse 550 has the competitive advantage.

When reviewing the total annual expenditure based upon 400 hours of utilization per year, the total
savings over the first five years is $512,721. That’s a 28% pecent savings when comparing the two
aircraft based upon number of hours flown. Compare the two based upon the number of nautical
miles flown over those 400 hours and the advantage leaps to a 33% savings ($1.09 savings per nm).

Did we mention the fact that the Eclipse 550’s acquisition cost is $630,000 less than the Mustang?

Want to SAVE $1,142,721 on your jet purchase? BUY an ECLIPSE 550.

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Aircraft Eclipse Mustang Eclipse Mustang Eclipse Mustang Eclipse Mustang Eclipse Mustang
DOC (400 hrs) $259,200 $327,340 $276,840 $361,740 $280,640 $380,320 $291,280 $391,500 $291,280 $391,500
Fixed Cost $ 27,907 $ 36,742 $ 35,747 $ 48,442 $ 35,747 $ 48,442 $ 35,747 $ 48,442 $ 35,747 $ 48,442
Total Annual $287,107 $364,082 $312,587 $410,182 $316,387 $428,762 $326,627 $439,942 $326,627 $439,942
$ / nm $ 2.05 $ 2.91 $ 2.23 $ 3.28 $ 2.26 $ 3.42 $ 2.33 $ 3.51 $ 2.33 $ 3.51

Based on 400 hours of annual utilization, using the total block speed used in the cost per nautical mile calculation under Direct Operating
Cost section. For the Eclipse, this is 331kts; for the Mustang, this is 316 kts. 1kt = 1 nm/hr. This gives the total nautical miles covered in the
400 hours of utilization per year (Eclipse = 140,000 nm, Mustang = 125,200 nm).

550 550
INCLUDING THE PURCHASE
PRICE OF EACH AIRCRAFT,
Citation Mustang

Citation Mustang

500 500
FLYING 400 HOURS PER
Eclipse 550

Eclipse 550

450 450
YEAR FOR FIVE YEARS IN
AN ECLIPSE JET VERSUS A
400 400
TOTAL EXPENDITURE (TIMES $10,000)

YEARLY EXPENDITURE (TIMES $1,000)

350 350
MUSTANG WILL SAVE YOU
300 300
$1,142,721.
250 250

200 200 SAVINGS CALCULATOR:

(5-year totals below)
150 150
DOC: $ 453,106
100 100 Fixed: $ 59,615
Purchase: $ 630,000
50 50
Total: $1,142,721
PURCHASE YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

YEAR INCURRED © 2013 Eclipse Aerospace, Inc.

13.3.28 EAI vs Mustang OE Comp
 Operating Economics Comparison 3

L ABOR ES TIMATES
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
(per flight hour) (per flight hour) (per flight hour) (per flight hour) (per flight hour)
Aircraft Eclipse Mustang Eclipse Mustang Eclipse Mustang Eclipse Mustang Eclipse Mustang
Man-Hours 0.25 0.5 0.4 0.7 0.5 0.9 0.54 1.0 0.54 1.0
Labor Dollars $23.75 $53.50 $38.00 $74.90 $47.50 $96.30 $51.30 $107.00 $51.30 $107.00

These figures are averages based on aircraft utilization of 400 hours per year and reflect consideration for the applicable warranty period
without CPI. Labor hours vary according to utilization, maintenance, operating practices, and location. Assumed shop rate is $95 / hr
for the Eclipse and $107 / hr for the Mustang.

PA R T S E S T I M AT E S
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
(per flight hour) (per flight hour) (per flight hour) (per flight hour) (per flight hour)
Aircraft Eclipse Mustang Eclipse Mustang Eclipse Mustang Eclipse Mustang Eclipse Mustang
Parts Cost $22.65 $22.65 $52.50 $87.25 $52.50 $101.20 $52.50 $107.35 $52.50 $107.35

Parts cost are based on typical aircraft utlization. Costs do not reflect CPI.

ENGINE RESERVES
CUMULATIVE ECLIPSE RATE MUSTANG RATE
ENGINE HOURS (2 Engines, per flight hour) (2 Engines, per flight hour) ECLIPSE ADVANTAGE
0-1,000 Total Hours $187.20 $204.60 $17.40 (9%)
1,001 Total Hours and Up $210.00 $226.80 $16.80 (7%)

Based on Pratt & Whitney Gold ESP Plan. CPI not included.

© 2013 Eclipse Aerospace, Inc.

13.3.28 EAI vs Mustang OE Comp
 Operating Economics Comparison 4

OPERATIN G C HARACTERIS TICS

STAGE LENGTH ALTITUDE BLOCK SPEED CRUISE SPEED ECLIPSE ADVANTAGE
(Nautical Miles) (Feet) (Knots) (Knots) (Knots)
ECLIPSE MUSTANG ECLIPSE MUSTANG BLOCK CRUISE
300 30,000 319 310 371 344 9 27
500 35,000 331 316 369 341 15 28
700 37,000 334 320 363 340 14 23
1,000 41,000 327 309 346 320 18 26
Block speeds are based on cruise at Max Continuous Thrust (MCT) for various stage lengths. Block speeds include climb, cruise, and
descent. Cruise altitudes shown are typical altitudes for the given stage lengths.

STAGE LENGTH ALTITUDE BLOCK FUEL FLOW ECLIPSE JET ADVANTAGE

(Nautical Miles) (Feet) (US gal/hr) (Gal Adv) (% Adv)
ECLIPSE MUSTANG
300 30,000 83.6 108.1 24.5 23%
500 38,000 73.4 95.5 22.1 23%
700 40,000 68.3 89.6 21.3 24%
1,000 41,000 57.7 76.4 18.7 24%
Block Fuel allows for taxi and takeoff (Block Fuel for the Eclipse Jet includes 40 lbs. for taxi and takeoff; the Mustang uses 60 lbs). Cruise
altitudes shown are typical altitudes for the given stage length.

© 2013 Eclipse Aerospace, Inc.

13.3.28 EAI vs Mustang OE Comp
 Operating Economics Comparison 5

DIRECT OPERATIN G COS T

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
Aircraft Eclipse Mustang Eclipse Mustang Eclipse Mustang Eclipse Mustang Eclipse Mustang
Fuel $414.40 $537.60 $414.40 $537.60 $414.40 $537.60 $414.40 $537.60 $414.40 $537.60
Labor $23.75 $53.50 $38.00 $74.90 $47.50 $96.30 $51.30 $107.00 $51.30 $107.00
Parts $22.65 $22.65 $52.50 $87.25 $52.50 $101.20 $52.50 $107.35 $52.50 $107.35
Eng. Reserves $187.20 $204.60 $187.20 $204.60 $187.20 $215.70 $210.00 $226.80 $210.00 $226.80
Direct Cost / hr $648.00 $818.35 $692.10 $904.35 $701.60 $950.80 $728.20 $978.75 $728.20 $978.75
$ / nm $1.96 $2.59 $2.09 $2.86 $2.12 $3.01 $2.20 $3.10 $2.20 $3.10

Fuel priced at national average as of January 2013 ($5.60). Eclipse shop rate averages $95 / hr. Mustang shop rate averages $107 / hr.
Dollars per flight hour for an average 500NM stage length and 400hrs of utlization. Doesn’t estimate for CPI. Block speed used in calculating
the $ / nm is 331 kts for the Eclipse and 316 kts for the Mustang (published block speeds for each company).

C O M P E T I T I V E A DVA N TAG E
The Eclipse 550’s lower DOC equates to an average savings of $245 each flight hour! The Eclipse’s
total operating cost advantage per nautical mile (remember that the Eclipse block speed has been
calculated at 331 kts vs. 316 kts, covering a greater distance in a given time) is a savings of 35%.
© 2013 Eclipse Aerospace, Inc.
13.3.28 EAI vs Mustang OE Comp
 Operating Economics Comparison 6

FIXED ANNUAL COSTS

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
Aircraft Eclipse Mustang Eclipse Mustang Eclipse Mustang Eclipse Mustang Eclipse Mustang
Hangar Rental $12,000 $18,000 $12,000 $18,000 $12,000 $18,000 $12,000 $18,000 $12,000 $18,000
Hull Insurance $12,127 $14,962 $12,127 $14,962 $12,127 $14,962 $12,127 $14,962 $12,127 $14,962
Liability/Medical $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000
War Risk $780 $780 $780 $780 $780 $780 $780 $780 $780 $780
Init/Recur Train $0 $0 $7,840 $11,700 $7,840 $11,700 $7,840 $11,700 $7,840 $11,700
Fixed Cost / yr $27,907 $36,742 $35,747 $48,442 $35,747 $48,442 $35,747 $48,442 $35,747 $48,442

Hangar rental for Eclipse = $1,000 per month; Mustang = $1,500 per month. Hull insurance is calculated as 0.45% of the total purchase
price of aircraft (Eclipse 550 = $2.695MM, Mustang = $3.325MM). War Risk includes Hull and Liability. Insurance rates assume single
owner-pilot in good physical condition with annual recurrent training. Liability rates are for $5MM coverage. Rates and terms can vary
significantly depending on pilot experience and the desired amount of coverage.

C O M P E T I T I V E A DVA N TAG E
The Eclipse 550 retains its competitive advantage over the Mustang when comparing Fixed Annual
Costs. The Eclipse 550 saves an average of $11,923 over each of the first five years (25% savings).
© 2013 Eclipse Aerospace, Inc.
13.3.28 EAI vs Mustang OE Comp