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GA in decline since 1968 .. or .. 1979.



 
 
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Old June 19th 07, 12:05 PM posted to rec.aviation.piloting
Dylan Smith
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Posts: 530
Default GA in decline since 1968 .. or .. 1979.

On 2007-06-19, Mutts wrote:


Article about this very thing........

Up, Up and ... Never Mind
http://www.flyingaggies.org/flightli...585&mode=print

I now its popular to blame cost for the decline. Yes, it is a factor I
know.


If you correct the costs from the 1960s to today's with inflation,
you'll find the cost in real terms hasn't changed.

What has changed is as noted risk aversion, but also there's lots more
things people want to spend money on (such as more than $1500 year on
television, probably $2000 a year on a cell phone plan or two, servicing
the car loan and the consequential full insurance cover you need with a
loan, people choosing to buy McMansions with the consequent high
heating/AC costs etc). So at the end of the day there's less left over
for flying.

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