EcoMax

All Electric Helicopter

Eco Helicopters is headquartered at John Wayne Airport in Orange County, California. Its founder is a U.S. Military Veteran and Rotorcraft/VTOL/Experimental (Electric) Test Pilot, Rotorcraft/VTOL-E (Electric) Holder of Multiple Guinness World Records.

Our Story

A lifetime of service and humble innovation.

Company

Eco Helicopters is proudly Veteran owned and operated. Built on a unique philosophy of customer service which brings the excitement of Helicopter Charters to everyone. Their vision has blessed them with a unique blend of clientele, including top echelon of VIPs.

As of January 2020, we are proud to offer the world's first all electric helicopter, EcoMax, for purchase.

EcoMax

EcoMax (Ēkō-Max) all electric. Zero in-flight carbon emissions. Capable of 120 mph. The helicopter seats 4 people (3 passengers + 1 pilot). Boasting advanced avionics, including a state-of-the-art autopilot with features like basic stability augmentation, heading hold, altitude hold, navigation signal tracking, and approach guidance.

Guiness Record Holder

In 2018 it was announced that a Guinness World Record was set for the farthest distance travelled by electric helicopter (prototype).

The Market

Aircraft Market size valued at over USD 30 billion in 2018 and is estimated to exhibit around 15% CAGR from 2019 to 2025. Fixed wing accounted for a significant share in the more electric aircraft market. This can be attributed to the increasing demand for such aircrafts from military. The benefits offered by these aircrafts including lower noise emission and limited detection through ISR at low flight height is further escalating the platform demand. The incorporation of electro hydrostatic actuators in such aircrafts for efficient power distribution along with improving efficiency further supports the segment share over the study timeframe. Rotary wing will showcase considerable demand in the more electric aircraft market revenue over the forecast timeframe. This can be credited to the rising investments by aircraft manufacturers for introducing low cost and reliable helicopters for a wide range of applications including military combat, surveillance, emergency backup, and tourism among others. The lower maintenance costs coupled with improving efficiency are some of the major factors enhancing the segment share. Moreover, the diversified range of applications including vertical take-off and landing operations, along with the capability to hover further improves the segment share over the study timeframe. Excerpt from prnewswire.com.

Western U.S Market

Eco Helicopters is placing an additonal 25 aircraft in service under both Part 91 and unlimited FAA Part 135 on-demand/scheduled/HAA cerificate.

Our Competitive Advantages

In a rapidly expanding industry, expertise and timing are everything. The team behind the EcoMax all electric helicopter is second to none. Smart device app users can take advantage of booking the EcoMax all electic helicopter through OC Helicopters mobile app. Lead by a visonary, backed by a top group of engineers, and tested by the first all electric helicopter Test Pilot to hold Guinness world records: The EcoMax all electric helicopter is the world's first!

Cost per hour flight time Legacy * EcoMax **
Motor overhaul/exchange $25.00 $20.00
Overhaul parts $67.95 $67.95
Labor $12.55 $8.50
Fuel/Charging $91.35 $14.00
Oil/Lube $1.16 $0.10
Inspections $20.07 $12.00
Unscheduled maintenance $12.70 $8.50
Flight/hour 500 hours/year $24.53 $20.00
Reserves per hour $105.50 $76.38
Direct cost per hour $125.28 $34.60
Total operation cost per hour $255.31 $130.98
Cost per 1.5 road miles $1.32 $0.70

* From robinsonheli.com ** Actual figures may fluctuate.

-Hangar and insurance not factored into the operating cost.

-Electric motor TBO estimated at 11,000 hours.

Financial Projections

Our unique model offers simple entry into the electric rotorcraft space, allowing the new owner to focus on their core competencies, while a team of experts handles operations.

For additional details, or investor inquiries please visit OC Helicopters California Operations.

Leaseback Arrangements

The typical owner-flown airplane flies less than 100 hours a year. Since many of the costs of ownership-annual inspections,insurance, hangar, and so forth-are fixed costs that don’t vary with flight time, it’s often difficult to justify the cost of owning an airplane that flies so little.

Some pilots want the benefit of owning their own airplane, even though they know they won’t fly it enough to justify it. Others simply don’t have the financial wherewithal to make the purchase unless the airplane can generate some kind of guaranteed income. That’s how the “leaseback” was born.

Small charter operations-and some larger ones-have run with limited finances due to slim profit margins. Most banks want the operator to have at least a 15 to 20 percent equity position in any airplanes they finance, and coming up with those down-payments can be very tough for the typical under-capitalized aviation business. So, the operator goes looking for someone else to buy the airplane and lease it to back to them.

The most common form of leaseback arrangement is where the operator rents the airplane at a stated hourly rate, keeps a portion of the revenues, and passes the rest along to the aircraft owner. The owner is then responsible for all costs associated with flying the airplane including fuel, maintenance, insurance, and long- and short-term expenses such as engine overhaul, paint, and interior refurbishment. Usually such an agreement will specify that the operator (or some other facility designated by the operator) will do the maintenance. Sometimes a small discount off the shop standard labor rate is offered, but most of the time parts are sold at full list price.

Additionally, a Section 179 business deduction, or other capex may be available. Please consult with a tax expert, or a financial advisor on your specifics.

*** Excerpt from avweb.com