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Which demonstrates the problem. When you have a market that only one or a few players can even operate in, that is bound to lead to this exact situation.

The regulations are so heavy and complicated that the best path to profit is to just capture and manipulate the regulators. Which only the biggest power players can do.

So there is effectively no competition allowed here. That doesn't serve the public well at all. We should like to see a market where many more new aircraft companies are popping up with new designs to prove out. Safety as a top concern, yes, but also a path to profit that doesn't have to involve cheating the system.