RE: Slide 16 With autonomous flight controls we might see: -$50k sim training -$20k insurance - $180k wages for the 2 pilots = $250k annual savings. with 70% uptime, for a $1k/day reduced cost. Investors excited about flying cars might better off positioning themselves with these smaller aircraft manufacturers than start-up all-in-one companies. Textron is at $7b market cap today with a $663m/yr free cash flow 3-year average. and they're in a good position to capitalize on this increase in small-aircraft sales as the business model for smaller aircraft becomes more viable. Worth a deeper look.
RE: Slide 16
With autonomous flight controls we might see:
-$50k sim training
-$20k insurance
- $180k wages for the 2 pilots
= $250k annual savings. with 70% uptime, for a $1k/day reduced cost.
Investors excited about flying cars might better off positioning themselves with these smaller aircraft manufacturers than start-up all-in-one companies.
Textron is at $7b market cap today with a $663m/yr free cash flow 3-year average. and they're in a good position to capitalize on this increase in small-aircraft sales as the business model for smaller aircraft becomes more viable.
Worth a deeper look.