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Avgas price and the light plane ownership



 
 
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  #1  
Old July 2nd 05, 06:46 PM
Charles Oppermann
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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  
Old July 2nd 05, 07:25 PM
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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  
Old July 2nd 05, 11:13 PM
Matt Barrow
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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  
Old July 2nd 05, 11:27 PM
Dave Stadt
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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  
Old July 3rd 05, 04:47 AM
George Patterson
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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  
Old July 5th 05, 03:24 AM
xyzzy
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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  
Old July 5th 05, 08:12 AM
Matt Barrow
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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  
Old July 7th 05, 04:20 AM
xyzzy
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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  
Old July 2nd 05, 07:56 PM
Icebound
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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  
Old July 3rd 05, 02:12 AM
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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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