Conklin & de Decker (Booth No. 1241) announced the release of its Life Cycle Cost Version 7.2 aircraft budget analysis software, including a new “maintenance cost matrix” that lets users view maintenance costs in five-year increments. The feature provides a better picture of predicted budget adjustments as an aircraft gets older, according to the company. In addition, Life Cycle Cost Release 7.2 adds 23 aircraft models, including the Hawker 900XP, King Air C90GTi, Bell 412HP and Diamond DA-42 Twin Star, to the nearly 300 aircraft models offered by previous releases.
The Life Cycle Cost budgeting software assists users in various aspects of owning and operating an aircraft, including acquisition cost, operating costs, taxes and final aircraft residual value. The software also analyzes different acquisition and operating methods and tracks revenue for aircraft used in commercial operations. Users can select among eight tax-depreciation schedules, including the latest bonus depreciation and user-defined schedules.
Life Cycle Cost users can save time before acquiring an aircraft by entering various assumptions regarding the type of aircraft, form of ownership and method of acquisition, and then populating the software with preloaded operating costs as researched by Conklin & de Decker. Users can also edit any of the pre-loaded costs, and display costs and revenues for 12 months into the future using the software’s Budget Analysis Tool.
Prices for the Life Cycle Cost software range from $450 for the piston database to $695 for the jet database. Helicopter and turboprop databases are also available.