Is this the death of GA
On Feb 23, 6:38 pm, Bertie the Bunyip wrote:
An interesting study would be the liability insurance burden of the
cost of an airplane built in 1974 and one built in 2008.
But there has to be a cost reduction factor as well, due to increased
efficiency in all aspects of production.
Well, we're still flying the same airplanes for the most part!
I think theyre mor expensive to buy new as well..
Bertie
True! The majority of SEL available to rent in 2008 are pre 1980
vintage.
Though I can't complain about that, as I fly a 1947 Straight 35 (V
tail) from time to time.
How much is a new 172 today? $250k? It would have to cost $60k in 1975
to be equivalent.
With the focus of liability suits towards the deepest pockets, I'm
sure a huge chuck of any new a/c price is cash for the war chest.
Dan
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