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Apparently, the $65 dollar figure was for paying an
A&P the going rate at a metropolitan airport for a minimum of 1 hour's work to make the pen and ink entry into the maintenance manual. I was considering recommending one of these gliders to a student; too bad! At 03:24 08 December 2005, Shawn wrote: Greg Arnold wrote: Do I correctly understand the AD below to mean that any Pegasus in the US with 3000 hours cannot be flown after January 6, 2006? Certainly would have an effect of the market value of this glider, even one with significantly less than 3000 hours. I notice that someone put one on the market today on the SSA site at $15,000 (it has 3300 hours), which seems somewhat high for glider that can only be flown for the next month. http://www.airweb.faa.gov/Regulatory...ibrary/rgad.ns f/0/29A8C5DEB81B323F862570BD005416CE?OpenDocument Wow! A million dollars or so worth of gliders (51 ships times $20K each) rendered (pun intended) nearly worthless at 3000 hours. FAA estimates the cost per ship at $65. Instruments and various bits and pieces will have some 'scrap' value, but as ships are retired there will be a glut of parts decreasing their value. :-( Also, this was part of the AD: 'Comments Was the public invited to comment? We provided the public the opportunity to participate in developing this AD. We received no comments on the proposal or on the determination of the cost to the public.' I assume the reason *no one* commented, was because most owners heard nothing??? Does the FAA notify owners of pending ADs (don't recall any with my ship)? Perhaps the SSA should check periodically for such things if they don't already. Any recourse? Major Bummer if not. Shawn |
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