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On Jun 24, 9:45*am, wrote:
On Jun 23, 1:55 pm, wrote: * * * * Cessna says that a full third of the selling price goes toward set-asides and insurance for them against possible future lawsuits involving that airplane. The actual manufacturing cost, once that third is removed and profit taken out, would be much lower. That doesn't help us, of course, since lawyers and stupid juries and irresponsible "pilots" will make sure it stays that way. One has to wonder if Cessna would allow a that 1/3 (or 1/4 or 1/8) to be given back to the buyer as a rebate in exchange for indemnification. I would imagine that life-insurance actuaries would be happy to receive $70,000 lump-sum in exchange for various life-insurance and other policies. I guess it all depends on how often pilots crash. -Le Chaud Lapin- |
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