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by Shivatron
3323 days ago
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> Go to your local flight school and 99% of the time you'll just see a row of 1970s Cessnas/Pipers. This neatly illustrates why: http://i.imgur.com/Un22IYK.png It's not just certification, either. Product liability accounts for a large part of this increase: "Average cost of manufacturer's liability insurance for each airplane manufactured in the U.S. had risen from approximately $50 per plane in 1962 to $100,000 per plane in 1988." (https://en.wikipedia.org/wiki/General_Aviation_Revitalizatio...) |
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This is why the experimental market is doing so well right now. No need to pay for either :P