The Conklin & de Decker Report Beechcraft Hawker 900XP Created on August 21, 2019 by Doug Strangfeld © 2019 Conklin & de Decker Associates, Inc PO BOX 121184 1006 North Bowen, Suite B Arlington, TX 76012 www.conklindd.com Data version: V 19.1 Beechcraft Hawker 900XP RANGE 2,733 nm SPEED 452 kts PASSENGERS 8 people Cost ACQUISITION COST ANNUAL COST VARIABLE COST FIXED COST $5,500,000 $1,617,236 $2,676/hr $546,682 MAX PAYLOAD 1,950 lb ENGINES 2 Honeywell Engines TFE 731-50R TOTAL CABIN AREA 551 cu ft AVIONICS Collins Pro-Line 21 WINGSPAN 54.3 ft APU Standard Assumptions This report uses custom assumptions that differ from Conklin & de Decker default values for Annual Utilization (Hours), Fuel Price (Jet A). ANNUAL UTILIZATION (DISTANCE) 162,400 nm FUEL PRICE (JET A) $4.45/gal ANNUAL UTILIZATION (HOURS) 400 hrs LABOR COST $136/hr AVERAGE SPEED (STANDARD TRIP) 406 kts ACQUISITION COST $5,500,000 Beechcraft Corporation Hawker 900XP The de Havilland Aircraft Company was founded in 1920 by Sir Geoffrey de Havilland. The Hawker 800 won its Supplemental Type Certificate (STC) in 1994. It is He was chief designer and concentrated on single- and two-seat biplanes that essentially a Hawker 700 with Honeywell’s up-rated TFE 731-5R engines replacing included the Gipsy and Tiger Moth. During WWII, de Havilland produced the Mosquito the earlier TFE 731-3 engines. With the -3 engines the Hawker 700 was a sluggish and Hornet aircraft. The Mosquito was constructed using wood because aluminum performer on hot days and high altitudes. With the -5 engines and the additional 600 was in short supply during WWII. De Havilland introduced the Comet in 1952 as the pounds of thrust, the performance deficiencies were corrected and an additional 430 first production commercial airliner. Due to design flaws from metal fatigue, the nautical miles was added to the range Comet suffered three tragic accidents. The Comet was redesigned and, although sales were small, it remained in service until the retirement of the Comet 4C in 1997. In 1995, Raytheon introduced the XP version of the Hawker 800. The TFE 731-5BR Hawker Siddeley bought the de Havilland Aircraft Company in 1960. Founded in 1935, engines produce 360 pounds of additional thrust, significantly improving balanced Hawker Siddeley was a group of companies that built aircraft. A.V. Roe & Company, field length and adding an additional 80 nautical miles of range. The 800XP also better known in the aviation world as AVRO, was one of the companies. Raytheon features the Collins Pro Line 21 avionics suite. acquired the Hawker aircraft series from British Aerospace in 1993, and in 1994 Beech Aircraft became a part of Raytheon. In 2007, Goldman-Sachs and Onex The Hawker 900XP is a mid-size jet that utilizes the Hawker 800-series cabin. The Partners bought the Raytheon Aircraft Company and renamed it Hawker Beechcraft 900XP also has enhanced winglets and new Honeywell TFE 731-50R engines with Corporation. In May 2012, Hawker Beechcraft filed for Chapter 11 bankruptcy and improved performance at high altitude and hot climate. exited in February 2013 as Beechcraft Corporation, shedding the Hawker and Premier line of jets but keeping the King Air turboprop, Baron and Bonanza piston lines. The Hawker 900XP was introduced at the 2006 NBAA convention in Orlando, FL. Goldman-Sachs and Onex transferred ownership to its major creditors. 2 of 23 © 2019 Conklin & de Decker Associates, Inc. Created on Aug 21, 2019, by Doug Strangfeld Data Version: V 19.1 Beechcraft Hawker 900XP 1. Cost ACQUISITION COST ANNUAL COST VARIABLE COST FIXED COST $5,500,000 $1,617,236 $2,676/hr $546,682 Total Annual Cost With Market Depreciation $1,991,236 54% - Variable Cost - $1,070,554 27% - Fixed Cost - $546,682 19% - Market Depreciation - $374,000 Hourly Variable Cost PER FLIGHT HOUR $2,676/hr Fuel 1 $1,179 Fuel $1,179 Additives — Maintenance $687 Maintenance Labor 2 $462 Parts Airframe/Engine/Avionics $167 Thrust Reverser Allowance $4 APU Allowance $54 Major Periodic Maintenance — Engine Reserves $597 Miscellaneous Reserves $212 Landing/Parking $36 Crew Expenses $115 Supplies/Catering $61 1. Fuel is calculated using Fuel Cost x Fuel Burn + 15% - 265 gal/hr 2. Maintenance Labor Cost is calculated using the ratio of Maintenance Labor Hours per Flight Hour and the Labor Rate: 3.4 labor-hr/Fhr @ $136/hr 3 of 23 © 2019 Conklin & de Decker Associates, Inc. Created on Aug 21, 2019, by Doug Strangfeld Costs are forward looking estimates based on Conklin & de Data Version: V 19.1 Decker Research. For comparison purposes only. Beechcraft Hawker 900XP Annual Fixed Cost ANNUAL COST $546,682 Crew $344,500 Captain $155,000 Copilot $110,000 Flight Attendant — Benefits $79,500 Hangar $33,700 Insurance $25,550 Hull $17,050 Single Limit Liability $8,500 Aircraft Modernization $35,700 Training $47,124 Miscellaneous $60,108 Navigation Chart Service $4,638 Refurbish $43,520 Computer Maintenance Program $11,250 Weather Service $700 Other — 4 of 23 © 2019 Conklin & de Decker Associates, Inc. Created on Aug 21, 2019, by Doug Strangfeld Costs are forward looking estimates based on Conklin & de Data Version: V 19.1 Decker Research. For comparison purposes only. Beechcraft Hawker 900XP 2. Performance NORMAL CRUISE LONG-RANGE CRUISE MAXIMUM CRUISE 430 kts 402 kts 452 kts RATE OF CLIMB MAX CERT. ALTITUDE INITIAL CRUISE ALTITUDE TIME TO CRUISE ALTITUDE 3,415 ft/min 41,000 ft 41,000 ft 25 min ENGINE OUT RATE OF CLIMB ENGINE OUT CEILING 570 ft/min 21,800 ft Field Length FAR-91 2,283 ft FAR-135 2,854 ft FAR-121 3,805 ft Balanced Field Length 5,258 ft 3. Weight/Payload Weight Breakdown With Max Payload With Max Fuel With Max Payload With Max Fuel MAXIMUM PAYLOAD RANGE AT MAX PAYLOAD AVAILABLE PAYLOAD PASSENGER CAPACITY 1,950 lb 2,703 nm 1,620 lb 8.1 people RAMP 28,120 lb MAX TAKEOFF 28,000 lb MAX LANDING 23,350 lb ZERO FUEL 18,450 lb BASIC OPERATING 16,500 lb USABLE FUEL 10,000 lb USEFUL LOAD 11,620 lb 5 of 23 © 2019 Conklin & de Decker Associates, Inc. Created on Aug 21, 2019, by Doug Strangfeld Data Version: V 19.1 Beechcraft Hawker 900XP 4. Range Centennial Airport (APA • KAPA) Maximum Cruise 2,332 nm Long-Range Cruise 2,825 nm Map data ©2019 Long-Range Cruise Maximum Cruise RANGE AVERAGE SPEED RANGE AVERAGE SPEED 2,825 nm 402 kts 2,332 nm 427 kts ENDURANCE PASSENGERS ENDURANCE PASSENGERS 7.03 hrs 4 people 5.46 hrs 4 people SEATS FULL RANGE 2,733 nm FERRY RANGE 2,929 nm 6 of 23 © 2019 Conklin & de Decker Associates, Inc. Created on Aug 21, 2019, by Doug Strangfeld Data Version: V 19.1 Beechcraft Hawker 900XP 5. Interior PASSENGERS CREW AREA PER PASSENGER 8 people 2 people 41 cu ft/person CABIN VOLUME BREAKDOWN 551 cu ft TOTAL CABIN AREA PASSENGER AREA MISC SPACE (GALLEY, LAV, ETC.) 551 cu ft 328 cu ft 223 cu ft CABIN WIDTH CABIN LENGTH CABIN HEIGHT 6 ft 21.3 ft 5.75 ft TOTAL BAGGAGE AREA INTERNAL EXTERNAL 50 cu ft 50 cu ft — DOOR WIDTH (DOOR) LENGTH (DOOR) 9.68 sq ft 2.25 ft 4.3 ft 7 of 23 © 2019 Conklin & de Decker Associates, Inc. Created on Aug 21, 2019, by Doug Strangfeld Data Version: V 19.1 Beechcraft Hawker 900XP 6. Exterior WINGSPAN FUSELAGE 54.3 ft 51.1 ft POWERPLANT 2 Honeywell Engines TFE 731-50R THRUST THRUST REVERSER 4,660 lb Standard 8 of 23 © 2019 Conklin & de Decker Associates, Inc. Created on Aug 21, 2019, by Doug Strangfeld Data Version: V 19.1 Beechcraft Hawker 900XP 7. Equipment AVIONICS Collins Pro-Line 21 COCKPIT VOICE RECORDER Standard FLIGHT DATA RECORDER Optional EICAS EIS GROUND WARNING SYSTEM TAWS+ TRAFFIC WARNING SYSTEM TCAS II MAINT DIAG SYS Standard VHF 8KHZ SPACING Standard AUXILIARY POWER UNIT Standard MEETS STAGE 3 NOISE LEVELS Yes REGULATORY CERTIFICATION 2007 (STC 125-900XP) original type certificate issued 1964 for 125-1A. IFR CERTIFIED Yes PRODUCTION 2007 - 2012 SINGLE POINT REFUEL Standard EXTERNAL LAV. SERVICE Standard 9 of 23 © 2019 Conklin & de Decker Associates, Inc. Created on Aug 21, 2019, by Doug Strangfeld Data Version: V 19.1 Beechcraft Hawker 900XP Explanation of Terms Introduction The following describes the content of each cost element used in The Conklin & de Decker Report. Aircraft not yet certified will be noted as Awaiting Cert in bold red on the program screen and bold print in the footnotes section printout. This is to indicate the data shown is preliminary in nature. If an aircraft is marked as Preliminary Data, the aircraft has been certified but the data is still preliminary at this stage. Methodology and Disclaimer It is the opinion of Conklin & de Decker that the data presented in this publication is based on resonable methodologies and assumptions, and reliable sources. Manufacturer data may be based on differing assumptions, sales price adjustments, individually negotiated fleet contracts, differing warranties, or specialty maintenance programs particular to a manufacturer or year of production, and is therefore, in the opinion of Conklin & de Decker, not suitable for comparison with other aircraft. Conklin & de Decker has made adjustments based on research, which in its opinion are reasonable and necessary in order to provide a database that is suitable for comparative purposes. Actual experience will vary, and the data does not reflect specialized maintenance contracts, seperately negotiated fleet deals, or other items unique to particular sales transactions. The Conklin & de Decker Report is not intended as a budgeting tool.