What is the difference between Life Cycle Cost and the Aircraft Cost Evaluator?
The Aircraft Cost Evaluator is designed for relative cost comparisons between aircraft. It does not differentiate between new and used model years of the same aircraft, nor does it allow financial analyses such as cash flows and net present values. The Cost Evaluator will give you a quick, relative comparison where you can adjust some of the costs for your local operating conditions. Life Cycle Cost allows you complete freedom in changing the costs used. The data comes preloaded, but you can add/change costs as needed. You can compare different models years of the same aircraft (a new versus used comparison). You can select the length of the comparison – up to twenty years. Life Cycle Cost also takes into account infrequent, high cost maintenance items such as corrosion control inspection, landing gear overhauls, etc. In short, the Aircraft Cost Evaluator gives you quick answers for relative costs. Life Cycle Cost allows you to go further in depth into the costs, and to run financial a