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#1
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Anyone worries about what the rising avgas price to the light plane
ownership in the U.S? I have absolutely no doubt that the average I think the real threat to aviation is once again insurance. Let's not forget that in the 80's many of the major single-engine manufacturers stopped producing aircraft due to liability costs. The cost of insuring an aircraft has skyrocketed at a rate greater than fuel costs. |
#2
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They stopped producing single engine aircraft because due to their own
stupidity their product liability insurance premiums became outrageous and more importantly, it became obvious that corporate jets were radically more profitable to build with their cheap Wichita floor space and Kansas scab state labor. The solution to me is simple, although far from obvious....outlaw product liability insurance. When it's fight or die, they will build a defensible airplane (they do for ag pilots) and never, never, never settle out of court. Trial lawyers will quit taking small aircraft cases on contingent fee arrangements and the problem will stop-what attorney wants to be handed the keys to a cheesily built plant in central Kansas??? |
#3
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![]() demonstrated total ignorance about product liability (as well as punctuation and grammar)... They stopped producing single engine aircraft because due to their own stupidity their product liability insurance premiums became outrageous and more importantly, it became obvious that corporate jets were radically more profitable to build with their cheap Wichita floor space and Kansas scab state labor. The solution to me is simple, although far from obvious....outlaw product liability insurance. When it's fight or die, they will build a defensible airplane (they do for ag pilots) and never, never, never settle out of court. Trial lawyers will quit taking small aircraft cases on contingent fee arrangements and the problem will stop-what attorney wants to be handed the keys to a cheesily built plant in central Kansas??? What planet are you on? |
#4
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![]() "Charles Oppermann" wrote in message ... Anyone worries about what the rising avgas price to the light plane ownership in the U.S? I have absolutely no doubt that the average I think the real threat to aviation is once again insurance. Let's not forget that in the 80's many of the major single-engine manufacturers stopped producing aircraft due to liability costs. The cost of insuring an aircraft has skyrocketed at a rate greater than fuel costs. My full coverage insurance is an insignificant speck compared to the total cost of owning. |
#5
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Charles Oppermann wrote:
The cost of insuring an aircraft has skyrocketed at a rate greater than fuel costs. Really? That wasn't the case when I owned my Maule. The premium was something like $1,700 the first year (1995-96), but it came down to around $1,300 the last few years. IIRC, the quote I got last February was less than that. I've heard that twins have gotten expensive, though, but maybe that's just for new pilots? George Patterson Why do men's hearts beat faster, knees get weak, throats become dry, and they think irrationally when a woman wears leather clothing? Because she smells like a new truck. |
#6
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George Patterson wrote:
Charles Oppermann wrote: The cost of insuring an aircraft has skyrocketed at a rate greater than fuel costs. Really? That wasn't the case when I owned my Maule. The premium was something like $1,700 the first year (1995-96), but it came down to around $1,300 the last few years. IIRC, the quote I got last February was less than that. Please don't get in the way of Barrow's ideologically-driven complaining about trial lawyers through the proxy of imagined increases in insurance costs. |
#7
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![]() "xyzzy" wrote in message ... George Patterson wrote: Charles Oppermann wrote: The cost of insuring an aircraft has skyrocketed at a rate greater than fuel costs. Really? That wasn't the case when I owned my Maule. The premium was something like $1,700 the first year (1995-96), but it came down to around $1,300 the last few years. IIRC, the quote I got last February was less than that. Seeing as the accident rate has declined dramatically over the past several years, that fits. Please don't get in the way of Barrow's ideologically-driven complaining about trial lawyers through the proxy of imagined increases in insurance costs. Do you recall the 1994 act that brought back the aviation industry from deaths door? Do you recall WHAT it did? Do you comprehend that engineering is not OMNISCIENT? Do you also recall that only a handful of suits had anything to do with real negligence? Your post demonstrates a real negligence of harebrained ideology...that of making excuses most people wouldn't accept from a ten year-old. GFY. |
#8
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Matt Barrow wrote:
"xyzzy" wrote in message ... George Patterson wrote: Charles Oppermann wrote: The cost of insuring an aircraft has skyrocketed at a rate greater than fuel costs. Really? That wasn't the case when I owned my Maule. The premium was something like $1,700 the first year (1995-96), but it came down to around $1,300 the last few years. IIRC, the quote I got last February was less than that. Seeing as the accident rate has declined dramatically over the past several years, that fits. Please don't get in the way of Barrow's ideologically-driven complaining about trial lawyers through the proxy of imagined increases in insurance costs. Do you recall the 1994 act that brought back the aviation industry from deaths door? Do you recall WHAT it did? Do you comprehend that engineering is not OMNISCIENT? Do you also recall that only a handful of suits had anything to do with real negligence? Your post demonstrates a real negligence of harebrained ideology...that of making excuses most people wouldn't accept from a ten year-old. GFY. GFY? You're pretty mature. It's really cute when someone uses that phrase right after comparing someone else to a 10 year old. Capping liablity for plane manufacturers does nothing to hold down the cost of insurance for owners and pilots. As a matter of fact one could assume it would make that insurance go up, since people who can longer sue the manufacturers will have to try harder to get it from the owners and pilots. But our insurance hasn't gone up, despite all those eeevil trial lawyers. The fact that you are missing or ignoring is that when it comes to affecting the price of insurance, lawsuits and legal settlements badly trail the investment returns that insurance companies get in influence. |
#9
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![]() "M" wrote in message oups.com... Anyone worries about what the rising avgas price to the light plane ownership in the U.S? It would take some major, major changes in our collective psyche to seriously worry about the cost of fuel. For every one of us that drops off the bottom because we can no longer afford aviation, its just a re-evaluation of our priorities.... I am sure that a new millionaire will be created at the top to take over. How could we possible be *worried* about fuel? The most popular weekend sport on the continent (me, too) is watching 43 cars burn something like 4,000 gallons of gas in a few hours.... going nowhere special, and using outdated pollution-contributing carburetor technology to do it with, no less. That would run my full-size fuel-injected Chevrolet for nearly 100,000 miles. There are many threats to GA, but fuel-prices is one of the lesser ones, IMHO. |
#10
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So you wonder what's going to happen to general aviation because of the
high prices of avgas? Acquire yourself an aircraft which will fly on auto fuel. I have a lovely 172G with autogas STC and will sell it to you for a reasonable price. |
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